Head, Strategy & Planning

Wema Bank Plc - Widely reputed as the longest surviving and most resilient indigenous bank in Nigeria, Wema Bank Plc has over the years, diligently offered a fully-fledged range of value-adding banking and financial advisory services to the Nigerian public.

Applications are invited from suitably qualified candidates for the positon below:

Job Position: Head, Strategy & Planning
Job Location: Lagos (Head Office)
Reports to: Chief Finance Officer
Group/Department: Corporate Strategy & Planning
Employment Status: Full Time Employee
Grade: SM-AGM

Job Summary

• To support in the execution of key corporate initiatives and goals.

Key Job Function/ Responsibilities

• Monitoring the performance of the bank against its set strategic objectives and direction, peer review, competitor analysis and Macroeconomic review.
• Harmonizing the various profit/cost centers and keeping them in alignment with the overall strategy of the bank.
• Providing strategic leadership on economics and economic analysis
• Provides internal advice and support to all levels of the organisation on the quality of economic analysis, methodologies and frameworks on key issues.
• Conducts analyses of policy proposals with macroeconomics implications
• Monitors and interprets current economic developments and domestic fiscal and monetary policy
• Ensure close understanding of all Branch and SBU characteristics and dynamics; full understanding of business needs
• Develop “Weekly performance tracker” for all Branches and SBU’s; Mid-month reports, weekly income reports etc
• Provide advisory services to line management and supervisors with respect to executing on their targets
• Facilitate change management process for all organizational change projects where applicable
• Develop and present oral and written reports, presentations, and informal feedback to line management and supervisors on relevant issues
• Advise line managers on performance, evaluation process and the need to link performance mgt skill to aid improvement throughout the organization.
• Analyzes economic conditions and policy initiatives of major trading partners
• Makes projections of the economic outlook; and analyzes major economic policy developments
• Ensures best practices in economic development research methods and technologies to develop all products and services
• Conduct economic analysis relevant to operational and policy issues in the organisation

Organizational Impact/ Influence:    

• Lead proof of concept projects and development of new products.
• Advise senior management of potential delivery capabilities through the preparation of strategy presentations and reports.
• Ensures focus on execution and drive improvement in performance metrics
• Coordinate and support negotiations between Innovation Labs and Wema Bank.

Organizational Impact/ Influence:

• Ensures focus on execution and drive improvement in performance metrics

Required Education/Qualifications

• First degree in a numeric or any relevant social science course. A Postgraduate degree or an MBA/Professional Qualification in a Social Science related course will be an added advantage.

Required Experience:

• Minimum of 7 years cognate experience in a financial services industry.

Competences Required
Skills:

• Outstanding written and verbal communications skills
• Strong presentation skills
• Strong statistics and econometric background.
• Strong analytical and policy skills
• Ability to manage multiple projects and deadlines simultaneously

Knowledge:

• Knowledge of micro and macroeconomics
• Experience in research and analysis

Attitude:

• Integrity
• Results Orientation
• Initiative/Judgment
• Team player

Office Plan:

• Personal desk in an open floor office