Lagos State Employment Trust Fund Recruitment 2016

Lagos State Employment Trust Fund - The Lagos State government has created a N25 billion fund to invest in the businesses of small and medium scale entrepreneurs who currently reside in Lagos. The fund will also help to train residents, to qualify them for better jobs.
The initiative is the brainchild of Governor Akinwunmi Ambode.

We are creating employment starting with the expansion of our LSETF team first. 


Job Title: Head, Strategy & Funding
Location: Lagos, NIGERIA
Job Description:

• Coordinate the preparation/documentation of the Fund’s corporate strategic/ business plan, goals and objectives and drive the implementation of the crafted strategy
• Design an efficient portfolio management system to ensure adequate allocation , monitoring and tracking of LSETF portfolio
• Formulate and facilitate the implementation of programs and initiatives to target funding from various donors
• Monitor and report the implementation of the strategic plan
• Develop LSETF impact framework and conduct periodic impact analysis of LSETF activities
• Analyze and forecast LSETF funding requirements
• Identify and articulate the engagement strategy for potential funding partners
• Monitor relationships with funding and delivery partners and evaluate the performance of partners in line with the Fund’s objectives
• Oversee and develop metrics to track beneficiaries’ business performance
• Facilitate, provide critical input and actively resolve strategic issues that business-department heads might leave untouched to drive strategy to execution
• Monitor and evaluate impact of external environmental objectives on the Fund’s operations and the development of new financial ventures/products of strategic significance
• Ensure there is an up-to-date review of the organization's corporate strategy in line with best practices and economic trends
• Oversee the establishment of effective and efficient frameworks, policies and procedures to facilitate the execution of the department’s mandate

Minimum Qualification:

• A good university degree

Knowledge & Skills:

• Relevant professional certification such as CFA, CIS, ACCA, ACA, CFP, ACIB will be an added advantage
• Deep knowledge of financial markets
• High level of resourcefulness
• Capable of hands-on problem solving, with ability to generate ideas and solutions
• Strong negotiating and influencing skills

Job Title: Head, SME
Location: Lagos, NIGERIA
Job Description:

• Develop & update the SME strategy document
• Design and deliver  range of products, programs and schemes for the SME target beneficiaries & ensure effectiveness of products, programs and/or schemes
• Design and deliver adequate products, articulate the pricing conditions and terms of delivery for the on-lending partners to ensure alignment with LSETF developmental goal as well as the partners
• Identify the non-financial  interventions and/or business advisory/capacity development requirements for SMEs and ensure effective delivery
• Operationalize the SME partnership framework and manage relationships with on-lending & business development partners to ensure effective delivery of SME interventions
• Conduct on-going review of SME needs and refine products/programs to address them in order to drive uptake across the geographical areas
• Monitor and track performance against targets and address relevant gaps
• Champion research on key SME issues and distil key implications for LSETF
• Conduct periodic reporting of progress with the programs

Minimum Qualification:

• Bachelor's Degree in a relavant field

Knowledge & Skills:

• In-depth understanding of the MSME  development, segment needs and requirements demonstrated by successful work experience
• Have a good understanding of financial institutions’ approaches to SME lending, risk mitigation strategies, loan appraisal criteria etc.
•  Must have worked or have appropriate knowledge of international standards with any of the major development agencies (BOI, NEXIM, USAID, DFID, IFC etc.)
•  7 years minimum experience
•  Excellent interpersonal and communication skills (Both written and Oral)
•  Excellent project Management Skills

Job Title: Head, Start-up
Location: Lagos, NIGERIA
Job Description:

• Develop & update the startup strategy document
• Ensure the smooth running and operation of the incubators
• Define, articulate and implement selection process for entry and/or admission into the accelerator programs
• Design and deliver the accelerator programs for startups
• Operationalize the partnership framework for startups i.e. identify & engage  relevant partners responsible for the delivery of the accelerator programs, infrastructure partners for the provision of relevant infrastructure i.e. internet connectivity etc.

• Track & monitor effectiveness of the accelerator programs and identify improvement areas
• Identify and engage potential investors and/or funders for the startups undergoing the accelerator programs
• Report on an on-going basis performance against targets to the Executive Secretary
• Conduct on-going development needs assessment of the incubators, budget and relevant work plan
• Champion research on key startup challenges and distil key implications for LSETF
• Conduct periodic reporting of progress with the programs

Minimum Qualification:

• Bachelor’s degree in relevant field

Knowledge & Skills:

• Good knowledge and understanding of the Start-up context in Nigeria
• Has overseen donor funded program (Added advantage)
• 8 years minimum experience
• Excellent interpersonal and communication skills (Both written and Oral)
• Excellent project Management Skills

Job Title: Head, Information Technology
Location: Lagos, NIGERIA
Job Description:

• Provide strategic and tactical planning, development, evaluation, and coordination of the information and technology systems for the Fund
• Establish and enforce IT policies and procedures that promote and ensure confidentiality, integrity, availability and security of organization’s data and information
• Coordinate efforts aimed at developing IT solutions and ensure optimal leverage of technology to effectively enable Fund operations and processes
• Identify and deploy relevant applications that support end users
• Oversee and evaluate system security and back up procedures.
• Plan, execute and finalize IT projects according to agreed deadlines and within budget
• Coordinate training/capacity building for new application systems
• Identify, evaluate and facilitate the selection of relevant third party service providers in line with the requirement of the fund
• Oversee the maintenance of service level agreements (SLAs) with service providers and interact with vendors to resolve problems
• Design and oversee the implementation of a business continuity plan and disaster recovery plan and system that ensures timely and continuous system availability at all times
• Ensure constant availability of the IT infrastructure to provide accurate and up-to-date organization management information

 Minimum Qualification:

• Bachelor’s Degree in Computer Science, or a related field

Knowledge & Skills:

• 7 years experience in supporting IT operations
• Deep knowledge and understanding of information technology and administration
• Appreciable knowledge of relevant enterprise application and operating systems
• Good knowledge of network architecture, design and management, LAN and WAN management, network security, data networks and global leading practices in information management
• Excellent problem solving, project and change management skills
• Strong leadership and people management skills

Job Title: Head, Finance
Location: Lagos, NIGERIA
Job Description:

• Design and implement strategies and mechanisms to safeguard the Fund’s financial assets
• Liase with all relevant head to develop the Fund’s annual corporate budget and the allocation of financial resources
• Coordinate the proactive monitoring and reporting of budget positions of all the departments and units
• Coordinate the development and implementation of finance and accounting policies, processes and procedures in line with leading practices
• Coordinate the identification of risks and medium to long term financial implications of intended
• Corporate projects/initiatives, and provide relevant advice to the fund’s executive management.
• Manage expenditure/transactions in line with the Fund’s approved financial authority limits
• Ensure optimal capital expenditure for the Fund and ensure the fund has sufficient liquidity to meet its medium-term requirements and obligations
• Develop, articulate and implement procedures and controls to ensure that the Fund’s financing requirements are proactively anticipated and met at a reasonable cost
• Ensure effective utilization of the financial resources of the Fund including achieving cost efficiency in line with its business objectives
• Oversee the timely, accurate generation of relevant financial information/reports to aid the Fund’s executive management strategic decision making
• Ensure timely and accurate preparation of the Fund’s financial statements in line with relevant statutory requirements and International Financial Reporting Standards (IFRS)
• Keep abreast of changes and updates to financial regulations
• Continuously review the Finance department’s activities and make recommendations for improvement to the Head, Finance and Corporate services

Minimum Qualification:

• A good university degree in a numerate field
• Any of ACA, ACCA or similar qualification

Knowledge & Skills:

• 7 years experience in finance or at least 5 years of audit experience in an accounting firm
• Ability to think strategically and holistically and to appreciate the systemic impact of various policies, issues and solutions.
• Advanced financial and accounting knowledge, including in-depth understanding of finance best practices, knowledge of IFRS
• Excellent negotiation and problem solving skills
• Excellent communication, business presentation and analytical skills
• High sense of responsibility, accountability, integrity and ethical standards
• Strong business acumen, maturity and tact, including the ability to relate with highest levels of management of financial institutions
• Excellent appreciation and working knowledge of Microsoft Office and other applicable tools

Job Title: Head, Administration/Human Resources
Location: Lagos, NIGERIA
Job Description:

• Develop and implement the Fund’s HR strategy in line with the overall organizational goals and objectives
• Prepare the department’s annual budget and monitor its implementation
• Coordinate activities involved in sourcing for qualified internal and external applicants as well as determine applicant suitability for available vacancies and recommend suitable vacancies
• Review/ maintain/ update the Fund's structure, job descriptions and manning levels in line with the Fund’s need and requirement
• Coordinate staff placement on the Fund’s structure and development of career and succession
  plans
• Coordinate training needs analysis through results of staff appraisals discussions with heads of divisions and units
• Review training proposals received from consultants with a view to determining suitability/ relevance to support training strategy
• Prepare and regularly update the training calendar for the Fund in conjunction with heads of divisions and units
• Ensure effective implementation of the annual performance management plan/calendar
• Provide technical, logistic and administrative support to the Executive Management in the review and approval of the outcomes of the appraisal process, including attendance at such Executive Management meeting(s)
• Oversee and ensure regular update of staff compensation details and payroll system
• Facilitate accurate and timely payroll processing and salary disbursement to all staff
• Ensure that the HR Policies and Procedures manual and staff handbook are up to date in line with current trends, realities and best practices
• Keep abreast on all matters affecting staff and their welfare, and escalate any staff related issues or complaint accordingly
• Manage procurement and ensure the resources of the Fund are adequately maintained
• Coordinate all admin activities within the fund.

Minimum Qualification:

• Bachelor’s degree in business, marketing, social sciences or related field
• Professional HR qualification (e.g. CIPD /CIPM would be added advantage)

Knowledge & Skills:

• 7 years post qualification experience of 5 years experience in HR
• In-depth understanding and hands-on experience of HR strategy, policy development and Implementation
• Very good knowledge of the components and new thinking in human resource capital management (manpower sourcing, placement, learning and development, performance management, career management, reward and recognition, retention and exit management, succession planning etc.)
• Diplomacy, maturity and tact including the ability to relate with diverse people
• Strong negotiation, influencing and problem solving skills
• Excellent communication (oral and written), presentation and interpersonal skills

Job Title: Head, Legal Services
Location: Lagos, NIGERIA
Job Description:

• Develop legal frameworks capable of supporting the strategic objectives of the organization
• Provide comprehensive secretarial service to the Fund and support the Head Corporate Services and the Executive Secretary
• Provide the Board with all requisite information, enabling them to discharge their functions in an effective manner
• Organize Board meetings, AGMs, Board committee meetings for the Fund and provide custodian services for all documents requiring safe keeping
• Coordinate drafting, vetting, interpretation and advise on agreements between the Fund and its stakeholders, letters, forms and other legal documents, and manage all litigation issues and processes for the Fund
• Coordinate, monitor and ensure the organization's overall compliance with relevant regulatory requirements and provisions
• Keep abreast of leading practices, changes in regulation and amendments to enabling laws and proactively advise the organization accordingly
• Recommend the appointment/selection of the Fund’s solicitors and provide broad guidelines for defining the overall framework for managing the relationship between the Fund and its solicitors
• Anticipate and guard against legal risks through the provision of qualitative legal advice
• Provide advisory services to the board, management and all units of the Fund, interpret all statutory laws and guidelines from the legal perspective and liaise with necessary regulatory bodies as at when required

Minimum Qualification:

• Bachelor of Law, with a Post graduate degree or Professional certification in any law related discipline

Knowledge & Skills:

• Sound experience in legal drafting, contracts review and negotiation
• 7 years relevant experience in legal function role or 5years in a law firm
• Good knowledge of the financial services landscape including regulation, legislation and operating environment
• Excellent interpersonal and communication skills
• Mature and organized, having a good sense of judgment and discretion
• Ability to maintain strict confidentiality and interact professionally with all levels of management, staff and associates

Job Title: Head, Micro Enterprise
Location: Lagos, NIGERIA
Job Description:

• Develop & update the Micro enterprise strategy document
• Design and deliver  range of products, programs and schemes for the micro enterprises & ensure effectiveness of products, programs and/or schemes
• Design and deliver adequate products, articulate the pricing conditions and terms of delivery for the on-lending partners to ensure alignment with LSETF developmental goal as well as the partners
• Operationalize the partnership framework for micro enterprises and manage relationships with on-lending partners to ensure effective delivery of interventions
• Conduct on-going review of micro enterprises needs and refine products/programs to address them in order to drive uptake across Lagos State
• Monitor and track performance against targets and address relevant gaps
• Champion research on key issues and distil key implications for LSETF
• Conduct periodic reporting of progress with the programs

Minimum Qualification:

• Bachelor’s degree in relevant field

Knowledge & Skills:

• In-depth understanding of the MSME  development, segment needs and requirements demonstrated by successful work experience
• Must have worked or have appropriate knowledge of international standards with any of the major development agencies (BOI, NEXIM, USAID, DFID, IFC etc.)
• Have a good understanding of financial institutions’ approaches to MSME lending, risk mitigation strategies, loan appraisal criteria etc.
• 7 years minimum experience
• Excellent interpersonal and communication skills (Both written and Oral)
• Excellent project Management Skills

Job Title: Head, Employability
Location: Lagos, NIGERIA
Job Description:

• Develop and ensure the delivery of the employability strategy covering: Developing training and skill acquisition plan/agenda and ensure effective implementation
• Design and develop programs and schemes for target beneficiaries
• Identify target beneficiaries for the employability scheme and engage beneficiaries
• Build and maintain a network of employers to support the employability initiatives
• Identify and engage corporate partners and skill acquisition partners for job placement and skill enhancement
• Develop, implement and monitor key employability projects and programs, ensuring effective roll out and distil key learning’s
• Monitor and track performance of delivery partners and distill improvement areas
• Conduct periodic reporting of progress with the initiatives

Minimum Qualification:

• Bachelor’s degree in relevant field

Knowledge & Skills:

• Experience of working in career advisory or HR firm
• Good understanding of the labour market
• 7 years minimum experience
• Excellent interpersonal and communication skills (Both written and Oral)
• Excellent project Management Skills
• Possess sound interviewing and vocational guidance skills

Job Title: Head, Stakeholder Engagement & Communications
Location: Lagos, NIGERIA
Job Description:

• Conceptualize, Plan and implement the Fund’s, internal and external communication agenda
• Manage communications with external stakeholders across the Lagos State Government, House of Assembly, LGA's, international and local partners etc.
• Implement brand strengthening, ensuring that all divisions get a strategic focus with clear and measurable goals for brand development in line with the Fund’s strategic brand plan
• Design and prepare the organization’s communications in various media to reflect the Fund’s brand identity
• Develop a suite of effective communications materials,segmented by target audience
• Proactively secure opportunities to disseminate the key messages of the Fund to key audiences, including funders, and media
• Monitor stakeholders and users’ feedback and results of dissemination efforts
• Develop channel strategy that clearly supports and enable the overall goal of the Fund
• Ensure effective design and management of all the Fund’s channels (website, social media etc.) to ensure it plays its strategic role
• Ensure adequate media coverage for corporate events and sponsorship activities
• Coordinate all activities relating to the allocation, procurement and distribution of corporate gifts

Minimum Qualification:

• Bachelor’s degree in business, marketing, social sciences or related field

Knowledge & Skills:

• 5 years of work experience of which 3 years must have been in the public sector and financial services industry

Job Title: Head, Promotions
Location: Lagos, NIGERIA
Job Description:

• Develop & update the promotion strategy document
• Design & develop programs and initiatives that will drive market access for target beneficiaries including international fairs & exhibitions
• Define selection framework for target beneficiaries with respect to international exhibitions & fairs
• Identify events, forums & platforms to promote initiatives
• Manage the LSETF web portal and the content development
• Identify & engage relevant partners for ensure effective implementation of promotional initiatives
• Identify & implement opportunities to drive linkages between large corporate & small businesses
• Engage beneficiaries periodically and articulate testimonials to promote LSETF story to all stakeholders through available communication outlets
• Conduct periodic reporting of progress with the initiatives

Minimum Qualification: Bachelor’s degree  in relevant field
Knowledge & Skills:

• Experience in promotional and advertising agencies would be an advantage.
• 7 years minimum experience
• Excellent interpersonal and communication skills (Both written and Oral)
• Excellent project Management Skills

Job Title: Head, Government Relations
Location: Lagos, NIGERIA
Job Description:

• Liaise with key agencies including state and federal governments to ensure required support for LSETF programs & initiatives
• Take inventory of all ongoing initiatives & agreements with the state government and identify opportunities for collaboration
• Operationalize relevant agreements of corporate partnerships with Lagos State to promote synergies
• Identify opportunities around regulation and policies that will improve operating conditions for MSME in Lagos State.
• Engage regulators & stakeholders to advocate the implementation of policies & initiatives enhancing the operating conditions for MSMEs
• Engage relevant business groups within the state, including business associations, clusters & cooperatives to create awareness on LSETF's business development initiatives
• Engage the LCDA’s as required to answer queries, business enquiries & requirements, complaints and develop strategies to address their requirements
• Work with Local Government stakeholders to foster event development  & skills to further develop their capacity to deliver quality sustainable events
• Work with research & policy to conduct periodic research and identify ways of improving services and projects of local businesses
• Conduct periodic reporting of progress with the initiatives

Minimum Qualification:

• Bachelor’s degree in relevant field

Knowledge & Skills:

• Good knowledge and understanding of the political terrain & grass-root politics
• Previous experience with community relations (Added advantage)
• 10 years minimum experience
• Possess sound relationship, leadership, analytical and communication skills together with evaluative judgment
• Ability to develop and gain cooperation and assistance from LSETF board, the community and State/Federal Government and other relevant bodies
• Excellent interpersonal and communication skills (Both written and Oral)
• Excellent project Management Skills

Job Title: Head, Research & Policy
Location: Lagos, NIGERIA
Job Description:

• Conduct the research, collation, analysis and assessment of marketing information/indices that would provide adequate back-up and support for the Fund’ decision
• Facilitate the design and implementation of approved research framework/ strategy for the business
• Analyse macroeconomic trends and distil its implications identify investment opportunities
• Facilitate the conduct of environment/market research surveys and market intelligence activities
• Provide views, forecasts and recommendations on asset classes and industry sector allocations
• Author various industry, sector and company-specific research reports underpinned with Vigorous financial analysis
• Coordinate market intelligence activities, prepare competitive analysis report and forward recommendations to the relevant business groups
• Keep an up-to-date industry database on key sectors of interest for LSEFT
• Identify and subscribe to relevant sources of information for the Fund
• Ensure that all information is reliable and up-to-date
• Contribute to quarterly, annual and other major publications.

Minimum Qualification:

• A good university degree preferably in Economics, Finance or Statistics

Knowledge & Skills:

• Any of MBA, ACA or ACCA post qualification (Added advantage)
• Minimum of 5 years relevant experience in executing research/data analysis
• Good knowledge of macro-economic indices
• Outstanding qualitative and quantitative analytical skills combined with an ability to apply judgment and think strategically
• Knowledge of financial modeling skills
• Proven data gathering and analytical skills, experience with secondary data sources
• Excellent communication, report and analytical writing, presentation and inter-personal skills
• Self-motivated, organized and strong ability to multitask effectively

Job Title: Director, Strategy, Funding & Stakeholder Management
Location: Lagos, NIGERIA
Job Description:

• Develop and implement strategy realization planning including recommending executions steps that will ensure seamless strategy execution via appropriate frameworks, relevant policies formulation etc.
• Coordinate the process of conducting periodical, comparator, shareholder, and target beneficiaries analysis so as to identify opportunities for improvement
• Manage and track of the overall portfolio allocation to ensure compliance with the Fund’s strategic direction
• Champion the development of the balance score card within the organization to ensure performance against defined targets
• Identify relevant funding sources and partners, develop and execute appropriate engagement framework to ensure overall sustainability of the organization funding
• Oversee long term budgetary planning and cost management in alignment with the Fund’s strategic plan
• Manage cash flow and forecasting by developing a reliable cash flow projection process and reporting mechanism that includes the minimum cash threshold to meet operating needs.
• Ensure that the Finance department prepares and sends the periodic reports to donors and partners as required which comply with relevant accounting standards, local and donor specific financial guidelines

Minimum Qualification:

• Bachelor’s preferably in numerate fields in addition to a professional qualification in accounting (ACA, ACCA, CIMA, etc.)

Knowledge & Skills:

• 8-12 years’ experience in strategy field is a must.
• A consulting background in strategy and financial services industry is an added advantage
• Excellent knowledge of strategic management, including business development, portfolio strategy, new market entry and growth
• Deep knowledge of the local and/or grassroots public sector structure with relevant experience in managing public sector stakeholders
• Possess proven track record in raising funds and in generating superior returns on investments
• Possess sound relationship, leadership, analytical and communication skills

 
Job Title: Director, Finance and Corporate Services
Location: Lagos, NIGERIA
Job Description:
Finance

• Oversee and drive the development of the company’s financial strategy, work plans and programs, to ensure alignment with its strategy, goals and objectives
• Oversee management and financial reporting in line with relevant statutory requirements
• Oversee the development of the Fund's corporate budget and the allocation of financial resources
• Provide overall guidance, leadership support and strategic direction in the execution of the company’s finance function and activities
• Authorize expenditure/transactions in line with the Fund's approved financial authority limits
• Perform any other duties as assigned by the Executive Secretary

Admin & HR

• Develop and oversee the implementation of strategic initiatives for attracting, retaining and building a talented workforce towards achieving optimal performance
• Provide oversight for the management of the company’s physical infrastructure and assets including utilities, facilities, buildings and system maintenance
• Oversee the regular review of all procedures, processes, and systems with focus on continuous improvement of processes

Information Technology

• Oversee the development of the required IT plan to meet the company’s immediate and long term/future needs (hardware and software) and ensure successful implementation and operation
• Evaluate and improve the Fund's information technology infrastructure, implementing new technologies to support key capabilities as required for future growth, and to support and drive key IT supported process improvement initiatives.
• Ensure cost effective, best practice (agile technology) and sustainable ICT capability allowing for rapid integration with new innovation and external stakeholders’ requirements (where applicable)

Legal

• Oversee the provision of Legal and secretarial services to the board and operational matters
• Provide secretarial and administrative support to the Fund's Board, including preparation of agenda, papers, resolutions, and minutes.
• Oversee the provision of on-going legal and regulatory advisory assistance for operational matters across the organization, as well as interact and ensure compliance with relevant regulatory authorities on behalf of the Lagos State Employment Trust Fund.

Minimum Qualification:

• Bachelor’s Degree in relevant discipline. An MBA, or other relevant professional qualifications (ACCA,) would be an added advantage.

Knowledge & Skills:

• 10 years’ experience in Finance & corporate services with 3+ years overseeing finance operations, admin, HR etc. in a reputable organization
• Possess good track record of delivering results with notable achievements in developing and implementing corporate services strategy and implementation plan in line with corporate objectives
• Possess outstanding verbal and written skills, particularly the ability to synthesize complex messages and tailor them into simple, clear and non-academic language for different audiences
• Possess sound leadership and relationship building skills, highly organized, productive and comfortable in multi-tasking

Job Title: Director, Programs and Coordination
Location: Lagos, NIGERIA
Job Description:

• Provide overall strategic direction, implementation, management and supervision of the financial and non-financial interventions for the various target segments
• Oversee the development of financial interventions (debt, grants, guarantees etc.) relevant to target beneficiaries i.e. Micro-Enterprises & SMEs across the various localities/divisions of Lagos State (Epe, Ikeja, ikorodu & Lagos)
• Oversee the design and delivery of programs and schemes for the target beneficiaries
• Oversee the identification of relevant partnership opportunities and ensure implementation of partnership framework to engage potential partners in ensuring delivery of all programs and schemes to target beneficiaries
• Oversee the articulation of the non-financing interventions and/or business advisory/capacity development requirements per target beneficiaries and coordinate the execution and/or delivery of relevant programs
• Oversee the identification, development & roll-out of job placement initiatives
• Analyze trends in the various programs, identify issues, develop and recommend solutions to be implemented
• Oversee and ensure effective government relations to promote inclusion and achieve reach & equity
• Oversee regular tracking, monitoring  & reporting of product & program performance

Minimum Qualification:

• Bachelor’s and a Masters degree  in relevant field

Knowledge & Skills:

• In-depth understanding of the MSME  development, segment needs and requirements demonstrated by successful work experience
• Has overseen donor funded program (Added advantage) 
• Must have worked with any of the major development agencies (BOI, NEXIM, USAID, World Bank, IFC etc.)  
• 10 years experience minimum
• Possess sound relationship, leadership, analytical and communication skills together with evaluative judgment

For more information on The Lagos State Employment Trust Fund (LSETF) , visit http://lsetf.ng/