Head, Agency Banking Growth
Who we are
Moniepoint is Africa's all-in-one financial ecosystem, empowering businesses and their customers with seamless payment, banking, credit, and management tools. In 2023, we processed $182 billion and are Nigeria’s largest merchant acquirer.
About the role
As the Growth Leader for our Agency Banking division, you will take charge of growing Moniepoint’s CICO Agents market share in Nigeria. You will be responsible to drive penetration, customer acquisition, engagement and retention with the goal of achieving market leadership.
For this role, we are looking for a seasoned business leader in the banking or payments space who has strong marketing and sales skills and experience with app based products. Our ideal candidate has experience working with product development teams, has been leading growth or sales or business development, is highly analytical, has a strong drive and is results oriented. We need someone with the strategic, innovative and creative thinking that's required to develop winning solutions, and the emotional intelligence required to thrive in a fast-paced business and inspire a team of people across different areas.
This role will report to the Chief Growth Officer of the Moniepoint Group. The role is responsible for six main metrics: market share, customer acquisition, customer conversion, customer retention, customer engagement and CAC. In order to achieve the goals for the above KPIs they will work crossfunctionally with Growth and Marketing, Sales, Product, Customer Service and FP&A teams.
We are seeking a business leader with extensive exposure to growth marketing and product development, highly analytical (as evidenced by academic or work background) and capable of being hands on and getting into the weeds.
Curious about what makes Moniepoint an incredible place to work? Check out posts on how we cultivate a culture of innovation, teamwork, and growth.
Responsibilities
- Collaborate with leadership to develop, refine and communicate the strategic vision for our Business Banking line and to translate this into actionable plans and initiatives
- Apply your expertise in quantitative analysis, data mining, and the presentation of data to see beyond the numbers and understand how our users interact with our products, identify growth opportunities, and execute on projects to drive growth and engagement.
- Lead strategic projects, often involving the creation of cross-functional teams that will define new opportunities for growth for Moniepoint’s Business Banking
- Do market, competitor, technology, trend analysis to identify opportunities and threats that will underpin our strategy development
- Conduct Market research to identify customer needs and product development opportunities
- Actively collaborate with product teams to bring in new features and functionalities to enhance customer experience and drive product adoption
- Define the growth annual targets and the budget required to achieve the market leadership objectives
- Define the growth strategy and action plans to ensure the targets are met
- Collaborate with different stakeholders to ensure optimum conversion, engagement and retention levels of the customers
- Influence the different product teams and business clusters to enhance customer happiness by bringing customer data and customer research to the table
- Enable our Sales team to effectively sell our Business Banking products by providing technical expertise and sales support
- Develop sales collateral, training materials, provide bespoke support on deals, work on marketing & PR campaigns in partnership with the Marketing and Communications teams
Requirements
- The candidate must have a bachelor’s degree. We have a strong preference for candidates with degrees in a technical field.
- The candidate must have 8+ years of experience, of which 5+ must be directly in product management.
- The candidate must have worked in dynamic, high-growth tech or finance environments, with experience managing technical products and cross-functional teams.
- The candidate must have shown clear evidence of self-driven entrepreneurialism.
- Domain experience (where applicable- to be advised on a case-by-case basis).
Skills
- 8-10 years of growth or business leadership experience in banking or tech, e-commerce or telecom.
- Strategic clarity - Ability to think logically and methodically to uncover problems and formulate hypotheses.
- Analytical mindset - Ability to work with and manipulate data effectively, on your own. You have been in a data analytics role, or in something similar, in the past. We have a preference for someone strong in data analysis over someone who has spent the majority of their career in sales and other commercial roles. We will ask for multiple examples of how you used data to drive usage, and profitable growth of products in the past.
- Resilience - Willingness to take an ownership mindset to cut through ambiguity and work on whatever it takes to solve problems and deliver results.
- Cross-functional collaboration - Ability to lead cross-functional projects to drive outcomes.
- Communication - Strong written and verbal communication skills
- Previous Fintech, startup and/or experience working in a Growth function are a plus.
- Regardless of whether you have fintech experience or not, you must have a strong understanding of the agency banking fundamentals and the agency banking landscape in Nigeria.
What we can offer you
- The growth team has influence to drive strategy and the overall direction of the business. You will get the chance to drive all the other teams across the company to achieve incredible outcomes.
- The chance to be part of a group of companies shaping the future of emerging markets (especially pan Africa) financial ecosystem and driving financial inclusion.
- A role where you can make a significant impact.
- A dynamic, diverse, and inclusive work environment that values your contributions.
- Continuous learning and career development opportunities.
- Competitive compensation package including salary, bonuses, company-covered health insurance, and pension plans.
What to expect in the hiring process
- Preliminary phone call with our recruiter.
- General interview with our Chief Growth officer (the hiring manager).
- General interview with our SVP of Sales.
- Business case development and presentation.
- Executive interview with our CEO and Chief Growth Officer, where you will present your business case.
Moniepoint is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and candidates.
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