Career Opportunities at Sovereign Finance Limited

Sovereign Finance Limited is a leading financial services provider with a prime desire to promote trailblazing Financial & Investment solutions to customers in different sectors of the Nigerian economy. Our priority is to create opportunities for our clients to save accumulated capital and build sustainable wealth.

The company is founded by a team of savvy finance & investment specialist with evidence of track record of exceptional performance, superb integrity, and innovation. The company is at the center of financial innovation propelled by technological prowess and is at a position of pre-eminence in the Nigeria financial Industry.

We are recruiting to fill the positions below:

Job Title: Business Development Manager

Location: Lagos
Employment Type: Full-time

Job Description

• To contribute meaningfully to Business development strategy of the Company in Liability generation and Risk Asset sales through deployment of outstanding relationship management and selling skills.

Key Accountabilities

• Design yearly and revised quarterly Strategic Plan for Manufacturing, Transport & Logistics Department, aimed at contributing to the achievement of overall Corporate goals.
• Strategy implementation with a view to realising set targets from time-to-time.
• Achieve company's objective in revenue generation through aggressive mobilisation of Deposits and creation or risk assets.
• Providing leadership in co-ordinating cost profile of the Division with adequate attention on Cost of Funds.
• Providing overall leadership for Manufacturing, Transport & Logistics Department with a view to engender buy-in of subordinate staff into the culture of the Company and fostering teamwork necessary for actualisation of business objective.

Key Performance Indicators

• Consistently meeting Department’s assigned Liability target in absolute Naira Terms.
• Consistently meeting Liability target across product lines for the Department.
• Consistently meeting Department’s Loan target across different Loan portfolio of the Company.
• Meet Liability Target at agreed maximum cost of fund for a given performance appraisal period.
• Meet Risk Asset target at a minimum pricing threshold for a given performance appraisal period.
• Increase Customer’s headcount for the Department within agreed target for the period under review.
• Significantly retain new Customers for the Department through effective  relationship management, evidenced by number and volume of Accounts rolled over.

Qualifications

• Bachelor’s Degree in Accounting, Banking & Finance or equivalent.
• A Post graduate degree in Management or Professional qualification is an added advantage.

Key Competencies:

• Number and value of major accounts signed on
• Low cost of funds
• Customer retention
• Business volume growth rate: deposits, loans, fees
• Revenue growth
• Direct costs.
• Customer satisfaction levels.

Job Title: Head, Internal Audit & Control

Location: Victoria Island, Lagos
Employment Type: Full-time

Job Requirements

• A Master's Degree in Business, Accounting, Finance or other relevant discipline.
• A professional accounting designation (i.e. - CA, CPA, CMA, CISA, CIA) and active membership in a relevant professional association is required.
• A minimum of 5 years of related work experience in management of Internal Audit and/control.
• Expert skills in auditing techniques, accounting and management principles and control.
• Superior knowledge of international accounting and auditing policies, procedures, principles and standards.
• Strong working knowledge of governmental budgeting and accounting policies, procedures and standards.
• Prior experience in organizing, planning, managing and supervising the audit functions and in conducting financial reporting.
• A high degree of computer literacy; experience with ERP financial systems is an advantage.
• Current knowledge of industry practices, trends and issues.
• Highly developed organizational, communication and presentation skills.
• Exceptional negotiating and decision making skills.
• Strong management or leadership skills as exhibited by experience in effectively leading a team and/or chairing committees.
• Superior interpersonal skills as demonstrated by the ability to form professional relationships at all levels the organization and with appropriate external stakeholders
• Previous experience working in a financial institution.

Job Title: Head, Operations

Location: Victoria Island, Lagos
Employment Type: Full-time

Job Responsibilities

• Monitor daily operations to ensure a free flow process, and also supervise the execution of daily tasks.
• Develop and enforce sound policies and structures for the growth of the company.
• Create a strong workforce by developing competent individuals in the banking operations team.
• Oversee the processing of centralized loans and other banking activities to ensure due process, accuracy and accountability are followed.
• Create and implement long term business plan to ensure continuity of business operations in the long run.
• Ensure client data is protected from the public and secured against fraud by enforcing access rights and verification levels.
• Develop financial back up plans to protect business operations in the event of major crises that could result in huge losses.
• Collaborate with heads of other units to develop best practices for successful banking operations.
• Delegate tasks to members of the operations team.

Job Requirements

• Candidates should possess a Bachelor's Degree qualification.
• 7 - 10 years work experience.

Job Title: Head, Public Sector

Location: Victoria Island, Lagos
Employment Type: Full-time

Job Description

• Maintain and build relationships with the view of making the company, the No.1 preferred Finance Company in the Public Sector across Nigeria.

Job Responsibilities

• Build and manage relationships with clients in the public sector.
• Ensure business development and overall management of the portfolio of the division.
• Ensure cross selling of the company’s products in the public sector.
• Draw up work schedules for identifying and marketing prospective customers and maintain good business relationships with current and prospective customers.
• Monitor and ensures customers’ compliance with credit agreement.
• Provide first level controls for transactions emanating from the department.
• Take high level meetings with prospects in the public sector.
• Prepares the group’s annual budget for consolidation and incorporation into the company’s budget.

Qualifications

• Bachelor’s Degree in Accounting, Banking & Finance or equivalent.
• A Post graduate degree in Management or Professional qualification is an added advantage
• Minimum of 10 years work experience in Finance Industry with 5 years at supervisory level

Key Competencies:

• Number and value of major accounts signed on.
• Low cost of funds.
• Customer retention.
• Business volume growth rate: deposits, loans, fees.
• Revenue growth.
• Direct costs.
• Customer satisfaction levels.

Job Title: Chief Risk Officer

Location: Victoria Island, Lagos
Employment Type: Full-time

Job Description

• Progressive Improvement in the organization’s risk management/control systems.
• Reduction in fraud related activities throughout the organization.
• Proactive risk identification in business processes and technology.
• Review and design/building of controls in fraud impacting systems and business processes across SFL.
• Quality of control recommendations/improvements.

Key Responsibilities

• Improve the effectiveness of risk management in SFL.
• Assist management with integrating risk management with the strategy development process.
• Define SFL's risk management strategy, enterprise risk management framework and establish guidelines for the development and implementation of supporting policies and procedures.
• Establish, communicate and facilitate the use of appropriate risk methodologies, tools and techniques.
• Champion the design and development of control frameworks for SFL's processes and systems as a key enabler to achieving the business objectives of the organization.
• Work with business departments to establish, maintain and continuously improve risk managements capabilities and improve oversight regarding the major risk categories (Credit risk, Liquidity risk and Operational Risk) with consideration for regulatory and internal controls.
• Review and monitor new products to ensure effective controls are in place.
• Oversee the standardization of control processes and practices as well as the application of relevant control tools and techniques within the bank.
• Provide an independent view regarding proposed business plans and transactions.
• Develop risk management capabilities within the organization.

Qualifications

• Bachelor’s Degree in Accounting, ACA Qualified.
• A Postgraduate degree in Management or Professional qualification is an added advantage
• Minimum of 15 years work experience in Finance Industry with 5 years in a similar role.

Key Competencies:

• Broad understanding of all key areas of the Finance industry and associated potential risks.
• Detailed knowledge across Liability and Risk Assets Products.
• In-depth understanding and knowledge of risk categories risk practitioners and trends in risk management.
• Knowledge of, and ability to conduct risk control assessment and prepare comprehensive risk management plans for the organization.
• Ability to understand and interpret financial information and risk principles.
• Excellent presentation, facilitation, communication and inter-personal skills.

Job Title: Head, Private Investment

Location: Victoria Island, Lagos
Employment Type: Full-time

Job Summary

• Manage and provide strategic leadership and oversight to the asset management division.
• Manage asset portfolio consisting of securities, money and other financial products on behalf of institutional, corporate and private clients.
• Formulate and facilitate the implementation of strategies which contribute to the company’s profitability.

Key Responsibilities

• Oversee the provision of portfolio management and professional investment advice to HNI's, Corporates investors.
• Ensure portfolios are managed within risk tolerance limits whilst complying with client guidelines/restrictions.
• Build and manage relationships with clients.
• Monitor key client investments and give proactive suggestions to enhance portfolios.
• Keep abreast of advances and trend in global wealth management practices and adapt that knowledge in developing and delivering portfolio management solutions to key client segments of HNI's Corporates
• Co-ordinate the management and development of the department by leading marketing and proposal efforts focused, on key client segments.
• Prepare the department's budget and ensure its effective implementation.
• Provide day-to-day guidance and direction in the execution of the department's functions and activities.

Qualifications

• B.Sc in Finance related course, additional qualification (MBA, CFA) will be an added advantage
• Minimum ten (10) years’ experience, last three (3) years in a similar role

Key Competencies:

• Strong ability to interpret financial and economic data.
• Good financial advisory skills and strong knowledge of funds/investment management products.
• Strong analytical and quantitative skills.
• Good knowledge of financial services industry.
• Client-focused attitude and ability to work well under pressure
• Strong communication and interpersonal skills.
• High sense of responsibility, accountability and dependability.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.

Application Deadline  30th November, 2021.