Group Director Payments & Channels at Equity Bank Kenya

Description

Equity Bank is one of the region’s leading banks whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern and inclusive financial services that maximize their opportunities. With a strong footprint in Kenya, Uganda, Tanzania, Rwanda, South Sudan and DRC Congo, Equity Bank is now home to over 12 million customers - the largest customer base in Africa. Currently the Bank is seeking additional talent to serve in the role outlined below.

KEY RESPONSIBILITIES

Job Purpose

• Master the industry payment landscape, and market intelligence
• Champion payments and channels innovations
• Payment strategy building and execution for the group, to enable country Directors of Payment to focus on customer onboarding.
• Optimize all payment channels and platforms for all countries
• Form strong relationship with payment partners, card schemes and Fintechs.
• Manage a strong relationship with payments local regulators.
• Drive strategy to be No.1 Payment bank
• Ensure monthly performance reporting of all subsidiaries to roll up to the Group performance position.

Key Responsibilities

• Execute Payments Innovations and strategy to meet revenue and profit targets
• Position the bank as No.1 payment bank in all countries
• Own and ensure the bank meets channel count, customers subscription, customer activities, channel utilization
• Maximize pricing, recognize cost accrual and timely application on a monthly basis, and reporting of financial performance by the 1st of new months.
• Ensure financial performance of Payment: surpass Revenue target, minimize cost and maximize profit.
• Update the GCCO and country CEOs of situations, issues, opportunities, relationships and performance of Payments
• Work with Payment partners to drive innovative solutions and collaborations to drive growth and innovation
• Work with IT and solution providers to develop new Payment solutions for subsidiaries to match the capabilities at the center of excellence
• Drive Product managers to support own Country and she gets maximum support at the subsidiary levels.
• Ensure timely and monthly report of channel optimization (subscription, deployment, sales, and financial performance)

Academic Qualifications

• Background in Science and Technology

  Key Technical Skills & Competencies

• Experience in IT or Digital payment development or management
• Good understanding of payment products and channels
• Strong Marketing and Sales skills to drive retail, SME and Corporate adoption
• Excellent interpersonal skills: Relationship management
• Finance: Experience in managing revenue, cost, profit management and reporting
•  Sharp business acumen including ability to assess risk and appropriate levels of return, strong leadership capability, deliverance, objectivity, excellent interpersonal skills, multicultural awareness and sensitivity
• Good understanding of regulatory compliance and corporate governance.
• Ability to nurture effective relationship with local regulators as well as government bodies and officials.