Job Title: Managing Director
Organization: Dama Consultants Limited
Location: Kampala, Uganda
Deadline: 23rd October 2013
Job Summary: Dama Consultants Limited is retained to assist the Board of Directors of Housing Finance Bank Limited to identify a competent person to fill the post of Managing Director as the incumbent’s contract of service will expire 31st December 2013. The Bank was registered in 1967 as a credit institution to provide mortgage financing, and licensed as a commercial bank in 2007. Currently, it has a network of 16 branches and is now positioning itself to be the most innovative bank with housing, agriculture and retail banking as its key focus areas, thereby fostering growth and achieving higher returns for its shareholders and stakeholders. We are therefore looking for a competent and a highly innovative banker of integrity; and with a passion for mortgage service industry to provide overall leadership in developing and implementing strategies that will lead the Bank to focus on its mandate and achieve its objectives. A competitive remuneration package will be negotiated with the successful candidate.
Key Duties and Responsibilities:
Provide business leadership in developing and implementing the Bank’s strategic plans to achieve sustainable growth and profitability
Direct the Bank’s management of financial and operational systems, procedures and controls
Offer strategic direction on new investments, business opportunities and initiatives over the long term
Advise the Board on business plans and operational issues and communicate and lead implementation of the Board’s decisions
Maintain and develop organizational culture, values and reputation with all staff, customers, suppliers, partners and regulatory bodies
Augment relationships with local and global business partners
Promote sound corporate governance and ethical standards at all levels within the organization
Ensure accountability at all levels of the Bank and processes mid-course corrections in goals and strategies as necessary
Communicate effectively with internal and external stakeholders to build support for the vision, mission, goals and direction of the organization
Establish an effective structure, ensuring that there is management focus on key functions necessary for the bank to deliver on its vision.
Articulate priorities and ensure management focuses on accountability of identified priorities
Understand the Bank’s requirement for governance and support the Board in its governance duties by providing necessary information and access to key stakeholders.
Update the Board regularly on plans, performance issues, risks and opportunities and ensure that the Board receives information destined for outside stakeholders before it is communicated to them
Speedily execute direction duly issued by the Board
Understand the concept of value creation and make decisions on where to allocate resources based on maximizing value to the Bank and ensure that the Bank’s financial records are accurate and up to date
Understand and appreciate risk management and promote the culture throughout the Bank
Promptly identify and present reports to the board and regulators for necessary action
Qualification Skills and Experience:
The applicant should possess a bachelor’s degree in commerce, accounting, finance, economics, business management or any other related discipline.
Professional qualification in investment management and/or masters degree in finance, business administration or a related subject; or membership or affiliation to a banking or investment related association will be an added advantage.
Senior management experience in managing investment and/or accounting systems and /or implementing investment systems and processes such as compliance, investment accounting and financial reporting.
At least ten years working experience at management level, 5 of which should be at CEO or senior management level in a large financial service related organization of international repute.
Successful experience managing a large and complex business organization with large numbers of people of diverse skills
Strong knowledge and hands-on experience of financial products including mutual banks, hedge banks, derivatives, swaps and other structured products
Familiarity with the current global and local regulatory environment for investment banks as well as a demonstrated ability to keep on top of developments in the pensions sector globally
Well-honed interpersonal skills and excellent written and oral communication skills
Demonstrable leadership skills with strong intellect and vision as well as a proven track record of honesty and integrity
Good judgment and decision making skills
Planning and organizational skills
Leadership and people management skills
Quality orientation
Good negotiation and influencing skills
Demonstrated high levels of integrity (candidates must provide or attach a strong recommendation or testimony of their integrity and moral uprightness); and confidentiality
How to Apply:
Applications with detailed curriculum vitae, notarized copies of certificates, transcripts, salary history in the last 10 years, names of three professional referees and the applicant’s telephone contact should be sent electronically on-line in pdf form to:
Dama Consultants Limite
10th Floor Uganda House
P.O. Box 3967
Kampala, Uganda
Tel: +256-414-235 944; +256-70-4843380
Email: damaconsultantsltd@gmail.com
Website: http://www.damaconsultant.com.
Dama Consultants Limited accepts no liability for incomplete submission, late and/or misdirected transmission of applications.
Note: Only shortlisted applicants will be contacted for interviews; and unsuccessful applicants will be informed after the recruitment process is completed. Any form of canvassing will lead to automatic disqualification
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