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Job Details

Date Posted

May 08, 2015


Primary Mortgage Bank

Job Title

Managing Director/Chief Executive Officer In A State Owned Primary Mortgage Bank

Job Type



A well structured state owned Primary Mortgage Bank with State Authorization Status with focus on National Status requires the services of a suitably qualified, competent, experienced and highly intelligent candidate to fill the position of a

Managing Director/Chief Executive Officer 

Qualification and Experience Required for the Position:

  • A good Bachelors degree or its equivalent in Banking & Finance, Accounting, Business Administration and Economics.
  • MBA, or other relevant professional qualification like ACIB, ACCA, ACA etc, will be an added advantage.
  • 15-20 years combined experience in Commercial and Mortgage Banking; 10 years of which, must be-at senior Management level.
  • Extensive knowledge of banking operations. mortgage underwriting, credits and strong marketing skill including product development.
  • Proven track record of managing for success, ability to initiate and generate profitable business.
  • Proactive & Strategic thinker and efficient resource management.
  • Good ethic and business orientation and profit mindedness.
  • Age: minimum of 40 years by years next birthday.

Key Responsibilities: 
Legal & Regulatory Compliance:

  • Ensures timely compliance/filling of legal and regulatory documents returns and complies with laws and regulations.

Mission, Policy, Planning:

  • Helps the Board to determine values, mission, vision and goals.
  • Helps Board fully informed of the bank's condition and all important factors influencing it.
  • Helps Board monitor and evaluate organization's relevancy, effectiveness and results.
  • Keeps Board informed of developments in the bank's mission area general
  • business management including governance.
  • Ensures that appropriate policies are in place to guide the bank's work in all areas including CBN guidelines.

Management, Administration:

  • Provide general oversight of all the bank's activities manages day-to-day operations and assures a smoothly functioning and efficient organization.
  • Provide effective leadership and direction that will drive profitability and growth for the bank.
  • Assures work quality and organizational stability through development and implementation of standards and controls, systems and procedures; and regular evaluation.
  • Assures a work environment that recruits, retains and support quality and well disciplined staff.
  • Assures process for selecting, developing. motivating and evaluating staff for efficient performance.
  • Timely implementation of Board policies, strategies and plans.
  • Set targets and key performance indicators, monitor and regularly evaluate performance for planned results. 


  • Promotes programs and services that are produced in a cost effective manner, employing economy while maintaining acceptable level of quality.
  • Oversees the fiscal activities of the bank to ensure adequate controls.
  • Profitability as a watch word.

Relationship Building:

  • Identifies key relationships necessary to support an effective organization and assures proper planning. relationship building and communications to develop and maintain them.
  • Facilitates the integration of the organization into the fabric of the society by assuring the use of effective marketing and communication activities.
  • Acts as advocate within the public and private sectors for issues relevant to the bank. its services and clientele.

Method of Application

Interested candidates are expected to submit the following:

  • Ten copies of their handwritten application letter with detailed Curriculum Vitae.
  • Photocopies of all their credentials.
  • Referees' Reports:

All interested applicants should request their referees to forward confidential references on them directly to the Advertiser as per the address stated below: 

Submission of Applications: 
All applications are to be submitted within one week from the date of this advert under confidential cover in a sealed envelope to: 

The Advertiser, 
P. O. Box 488, 
Delta State 


Please Note: 
Only qualified and shortlisted candidates would be invited for interview/interactive session and would be required to come along with the following:

  • Original copies of their credentials
  • Certificate of birth or statutory declaration of age.

Year of Experience



Date Available

Recruiter's Email



Closing Date

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