Overview

We are a dynamic Human Resources and Management Consultancy firm that serves companies across Nigeria and Africa. From HR Department Setup, Manpower Outsourcing, Recruitment, Training and Development, Management Consultancy, and Career Development Programs. We are a one-stop shop to achieving a functioning well-structured organization

Our client, a leading stockbroking firm based in Lagos, Nigeria is seeking a dynamic and experienced Chief Operating Officer (COO) to oversee and enhance our business development and operational functions, with a focus on expanding client trades and corporate finance activities.

Job Position: Chief Operating Officer (COO)

Job Location: Ikoyi, Lagos, Nigeria
Department: Executive Management
Reports To: Chief Executive Officer (CEO)
Job Type: Full-Time

Job Description

  • The Chief Operating Officer (COO) will be responsible for the overall operational management of the firm’s client-facing business, including business development, client relationship management, and the efficient functioning of key business units. The COO will play a pivotal role in driving growth, ensuring operational excellence, and enhancing the firm’s market presence.

Job Responsibilities
Strategic Leadership:

  •  Develop and implement operational strategies that align with the firm’s overall business objectives.
  • Lead business development initiatives to expand client base, particularly in corporate finance.
  • Collaborate with the CEO and other executives to set and achieve strategic goals.

Operational Management:

  • Oversee daily operations of the firm, ensuring efficiency and effectiveness in service delivery
  • Manage key business units, including trading, compliance, finance, and client services.
  • Ensure robust risk management and compliance with regulatory requirements.

Business Development:

  • Identify and pursue new business opportunities in stockbroking and corporate finance.
  • Foster and maintain strong relationships with existing and potential clients.
  • Develop and execute strategies to increase client trades and market share.

Performance Management:

  • Set performance targets and KPIs for operational teams.
  • Monitor and evaluate performance against targets, providing feedback and guidance as necessary.
  • Implement process improvements to enhance productivity and service quality.

Financial Oversight:

  • Manage the firm’s budget and financial performance, ensuring profitability and cost-effectiveness.
  • Oversee financial planning and analysis to support strategic decision-making.
  • Work closely with the CFO to ensure financial integrity and transparency.

Corporate Governance:

  • Ensure adherence to corporate governance standards and best practices.
  • Maintain high standards of corporate ethics and integrity.

Job Requirements
Educational Qualifications:

  • Bachelor’s degree in any field.
  • ACIS or any other related qualification.
  • MBA or relevant postgraduate qualification is highly desirable.
  • SEC-sponsored candidature is a major requirement.

Experience:

  • Minimum of 10 years of experience in a senior management role, preferably within the financial services or stockbroking industry.
  • Proven track record in business development and operational management.
  • Strong understanding of corporate finance, trading, and regulatory environment in Nigeria.

Skills:

  • Exceptional leadership and strategic planning skills.
  • Strong business acumen and financial expertise.
  • Excellent communication, negotiation, and interpersonal skills.
  • Ability to manage complex projects and lead cross-functional teams.
  • Proficiency in financial software and Microsoft Office Suite.

Personal Attributes:

  • High level of integrity and professionalism.
  • Results-oriented with a focus on continuous improvement.
  • Innovative and proactive problem-solver.
  • Ability to thrive in a fast-paced and dynamic environment.

Key Performance Indicators (KPIs):

Business Growth:

  • Increase in client trades and market share.
  • Growth in corporate finance transactions and revenue.
  • Expansion of client base and improvement in client retention rates.

Operational Efficiency

  • Reduction in operational costs and improvement in profit margins.
  • Achievement of operational targets and deadlines.
  • Implementation of process improvements and efficiency gains.

Financial Performance:

  • Meeting or exceeding budgetary and financial targets.
  • Effective financial management and cost control.

Client Satisfaction:

  • High levels of client satisfaction and positive feedback.
  • Timely resolution of client issues and complaints.

Team Performance:

  • Achievement of team performance targets and KPIs.
  • Development and retention of high-performing teams.
  • Employee satisfaction and engagement levels.

Salary and Benefits:
Competitive and Negotiable

Application Deadline
20th of August, 2024

How to Apply
Only QUALIFIED candidates should send their resume and cover letter to mamu@ellaandblackassociates.com with the subject line “Chief Operating Officer Application”. Only shortlisted candidates will be contacted.

Tagged as: Administrative, Business Development, Finance