Our client a nonbank financial institution licensed by CBN is seeking to hire Head of Transformation.
Job Summary:
The Head of Transformation is a key leadership role responsible for driving strategic initiatives process enhancements and digital transformation within our financial organization. As a visionary leader the incumbent will lead the Transformation Department overseeing endtoend transformation programs process optimization and the integration of emerging technologies. This role requires a seasoned professional with a proven track record in successfully delivering transformation programs in the financial industry. The Head of Transformation will collaborate with crossfunctional teams manage change effectively and ensure compliance with regulatory requirements. The successful candidate will play a crucial role in shaping the organizations future by fostering a culture of innovation and continuous improvement
Duties and Responsibilities:
Transformation Program Management:
- Plan execute and oversee endtoend transformation programs ensuring alignment with organizational objectives and timely delivery.
- Monitor and evaluate program effectiveness making adjustments as necessary to achieve desired outcomes.
- Drive fundamental changes in the companys value proposition service delivery and target markets.
- Strike a balance between shortterm improvement and longterm value fostering a sense of responsibility for change among line managers.
Process Improvement:
- Identify opportunities for process optimization and efficiency gains across various business functions within the financial organization.
- Implement best practices and continuous improvement methodologies to enhance operational effectiveness.
Digital Innovation:
- Drive digital transformation initiatives by leveraging emerging technologies to enhance customer experience streamline operations and support innovation within the financial sector.
Change Management:
- Develop and implement change management strategies to ensure successful adoption of new processes and technologies.
- Collaborate with stakeholders to build a culture that embraces and supports organizational change.
Policy and Procedure Implementation:
- Lead the application and implementation of new policies and procedures in collaboration with management.
- Support the development of new business opportunities through contacts product development and project efficiency improvement.
Strategic Leadership:
- Develop and lead the overall strategic vision for the Transformation Department aligning it with the organizations goals and objectives.
- Provide leadership and direction to the team.
Project Management:
- Lead multiple projects confirming deliverables resource needs and work plans on new assignments.
- Support project managers in the design and implementation phases.
Operational Transparency and Governance:
- Ensure operational transparency effective governance and streamlined customer processes.
- Mitigate risks and resolve complex challenges to ensure smooth operations.
Business Model Design and Architecture:
- Develop the business model design and business architecture to support the companys strategic objectives.
Collaboration:
- Collaborate with crossfunctional teams including IT Operations Finance and other relevant departments to ensure cohesive an integrated transformation efforts.
- Foster a collaborative and innovative work environment within the Transformation Department.
Risk Management:
- Identify potential risks associated with transformation initiatives and develop mitigation plans.
- Ensure compliance with regulatory requirements and industry standards.
Reporting and Analysis:
- Prepare regular reports and updates for executive leadership highlighting progress challenges and key performance indicators related to transformation initiatives.
Any other tasks as assigned by the line manager.
Requirements
Qualifications and Requirements:
- Bachelors degree in Business Administration Finance or a related field; Masters degree preferred.
- 5 years relevant experience in leading transformation programs strategic transformation change management and business development within the financial industry.
- Strong strategic thinking and analytical skills.
- Excellent leadership and people management abilities.
- Good knowledge of financial products services and industry trends.
- Familiarity with regulatory requirements affecting the financial sector.
- Exceptional communication and presentation skills.
- Project management certification (e.g. PMP) is a plus.
- Strong financial acumen and project management skills.
- Familiarity with technology trends and their impact on business transformation
Job Knowledge
- Strong leadership skills to guide and inspire the team.
- Should have a strong working knowledge of management strategies financial accounting human resource planning customer relations and implementation of new technologies.
- Knowledge of the industry market trends competitive threats and possible business opportunities.
- Clear and concise communication both written and verbal.
- Ability to think strategically and align strategies with overall business objectives
- Strong ethical principles and integrity.
- Effective time management and prioritization of tasks.
- Strong interpersonal skills for effective collaboration.
- Commitment to ongoing learning and staying abreast of industry trends.
Skills/Competencies
- Strong crossfunctional background (as opposed to being an expert in one area) and have seen a variety of different business situations and challenges during their career.
- Demonstrated skills in leadership management and collaboration.
- Must possess exceptional creativity and problemsolving skills.
- Ability to engage at all levels including senior executives.
- Detailed oriented and ability to prioritize & handle multiple tasks at any given time.
- Ability to lead and motivate a large team.
- Ability to adapt quickly to new technologies products and procedures
- Ability to work and thrive in a multitasked and fastpaced environment.
- Professional get it done attitude and work ethic
Bachelor's degree in Business Administration, Finance, or a related field; Master's degree preferred. 5 years+ relevant experience in leading transformation programs, strategic transformation, change management, and business development within the financial industry. Strong strategic thinking and analytical skills. Excellent leadership and people management abilities. Good knowledge of financial products, services, and industry trends. Familiarity with regulatory requirements affecting the financial sector. Exceptional communication and presentation skills. Project management certification (e.g., PMP) is a plus. Strong financial acumen and project management skills. Familiarity with technology trends and their impact on business transformation