Head of Asset Management - Digibank

AXIAN Group; Dubai; On-site; USD 80,000 - 150,000; Full time

Job summary

An innovative firm is seeking a Head of Asset Management to lead capital strategies at DigiBank, a pioneer in mobile money across Africa. This role involves optimizing capital allocation, managing risks, and building strong partnerships to enhance financial inclusion. The ideal candidate will have extensive experience in asset management and a passion for driving impactful financial services. Join a dynamic team and contribute to transforming the financial landscape, ensuring that mobile money reaches those who need it most. This is an exciting opportunity to shape the future of financial services in Africa.

Qualifications

• 10+ years of experience in asset management or treasury.
• Strong understanding of risk management and financial modelling.

Responsibilities

• Lead capital optimization and allocation strategies.
• Develop robust risk management frameworks for investments.
• Build relationships with capital partners and stakeholders.

Skills

Asset Management

Risk Management

Financial Modelling

Data Analysis

Communication Skills

Education

Advanced degree in finance, accounting, or economics

Job description

Direct message the job poster from AXIAN Group

International #RecruitmentExpert #GameChanger #Africa

Head of Asset Management - DigiBank

Do you thrive in complex, dynamic environments where data-driven decisions drive significant financial and social impact? Are you passionate about mobile money's potential to revolutionize financial inclusion across Africa? If so, then this is your opportunity to lead the charge at DigiBank, a pioneering force in the African mobile money landscape.

Our mission is to empower individuals and businesses through accessible and impactful mobile financial services. We believe in the transformative power of GSM and mobile money wallets to provide a broader range of financial products and services, fostering deeper financial inclusion across Africa.

About the Role :

As Head of Asset Management, you will be responsible for managing and optimizing DigiBank's capital resources to fuel our ambitious growth plans. You will be a strategic partner, collaborating with key stakeholders to refine our customer value proposition, bolster risk management practices, and ensure efficient capital allocation and returns.

Key Responsibilities :

• Capital Optimization and Allocation
• Lead the development and implementation of a comprehensive capital allocation strategy aligned with DigiBank's growth objectives.
• Identify and secure optimal funding sources, including debt, equity, and partnerships, considering cost, risk, and return profiles.
• Negotiate and manage banking agreements, ensuring favourable terms and compliance with internal policies.
• Oversee the allocation of capital across various markets, portfolios, and products, prioritizing high-growth opportunities.
• Optimize internal capital utilization by streamlining processes and reducing idle cash balances.
• Risk Management and Portfolio Oversight
• Develop and implement robust risk management frameworks for all capital investments and funding activities.
• Regularly monitor and assess risk exposure across portfolios, identifying and mitigating potential threats.
• Establish and maintain internal hurdle rates for capital investments, ensuring profitability and return on risk.
• Ensure compliance with all relevant financial regulations and capital partner requirements.
• Provide regular reporting on capital utilization, risk exposure, and returns to key stakeholders.
• Partnership and Relationship Management
• Build and cultivate strong relationships with capital partners, including investors, lenders, and marketplace providers.
• Proactively communicate with partners, ensuring transparency and alignment on goals and expectations.
• Negotiate and finalize capital agreements that are mutually beneficial and supportive of DigiBank's mission.
• Engage in regular reviews and discussions with partners to address concerns and identify potential synergies.
• Reporting and Data Analysis
• Design and implement effective reporting systems for tracking capital utilization, risk exposure, and returns.
• Analyze data to identify trends, predict potential issues, and support informed decision-making.
• Prepare clear and concise reports for internal and external stakeholders, including capital partners, regulators, and management.
• Leverage data analytics to optimize portfolio performance and capitalize on growth opportunities.
• Leadership and Strategic Thinking
• Provide strategic guidance on capital management, aligning decisions with DigiBank's overall business objectives.
• Lead a team of professionals in the asset management function, fostering collaboration and high performance.
• Proactively identify and address emerging challenges in the capital market landscape.
• Stay ahead of industry trends and implement innovative solutions to optimize financial performance.
• Contribute to the development and execution of DigiBank's long-term growth strategy.

Qualifications :

• Advanced degree in finance, accounting, economics, or a related field.
• Minimum 10 years of experience in asset management, treasury, or related financial services field.
• Proven track record of success in managing complex capital structures and diverse funding sources.
• Strong understanding of risk management principles and financial modelling techniques.
• Excellent analytical and problem-solving skills with the ability to identify and address potential risks and opportunities.
• Exceptional communication and interpersonal skills, adept at building strong relationships with stakeholders across diverse cultures and levels.
• Demonstrated leadership and project management expertise, with the ability to manage and motivate teams to achieve ambitious goals.
• Familiarity with the African mobile money landscape and regulatory environment is a strong advantage.
• English and French will be advantageous.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Engineering, Project Management, and Finance

Digital Accessibility Services, IT Services and IT Consulting, and Banking

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