Job Vacancy For Chief Executive Officer
A reputable Rural Bank in the Ashanti Region is looking for a dynamic, ambitious, performance-driven and result-oriented individual full of ideas and innovation to fill the vacant position of Chief Executive Officer
Role / Purpose
The successful applicant shall have the responsibility of delivering the mandate of the Rural Bank and shall have the overall supervision and responsibility for the effective, efficient functioning and growth of the bank.
Responsiblies
- Drive the business of the bank to achieve its strategic goals and sustained productivity.
- Formulate and implement policies, procedures and strategies for carrying out the activities of the bank.
- Provide leadership and guidance for the bank through co-ordination of activities of all the departments and agencies of the bank.
- Prepare and present required technical papers for the Board of Directors for decision-making.
- Efficiently manage the human, financial and physical resources of the bank to achieve organizational goals.
- Responsible for the operational and financial administration of the bank.
- Implement policies, decisions and strategies of the Board.
- Establish linkages between the Bank of Ghana and ARB Apex Bank, as well as other financial institutions and external bodies
- Prepare and submit prudential returns to regulatory bodies, Ie. ARB Apex Bank, Bank of Ghana, the Association of Rural Banks and other stakeholders.
- Ensure compliance with the Banks and Specialized Deposit-Taking Institutions Act 2016 (Act 930), BoG corporate governance directives for Rural and Community Banks (May 2021), ARB Apex Bank Regulations (LI 1825), 2006, Companies Act 2019 (Act 992) and other relevant legislations and directives.
- Co-ordinate the preparation of the Bank’s Strategic Plan, budgets and ensure effective and efficient management of both human and physical resources to achieve organizational goals.
- Ensure a peaceful and harmonious industrial working environment.
- Drive the adoption of technology to improve customer service and operational efficiency.
- Explore new products and services to meet the needs of rural customers.
- Foster a culture of innovation within the organization.
- Oversee day-to-day operations, ensuring efficiency and compliance with regulations.
- Implement policies and procedures to enhance operational effectiveness
- Monitor financial performance and manage the bank’s budget.
- Ensure complete control of the system.
- Monitoring and evaluation of the Bank’s activities
- Promote financial sustainability and resilience of the Bank.
- Promote team workmanship.
- Promote mentorship and staff growth in the Bank
- Enhance corporate networking for community development.
- Promote corporate accountability and transparency.
Qualification Required & Experience
- A minimum of a Masters Degree in Banking, Accounting, Finance, Commerce or a related discipline from a recognized University plus at least 10 years work experience in the banking industry with five (5) years in senior management position.
OR
- A professional qualification in ACIB, ICAG, ACCA or any other relevant professional qualification plus a minimum of seven (7) years post-qualification work experience in the banking industry, with at least four (4) years in a key management position.
- Experience in a rural banking environment is highly preferred.
Knowledge Skills Required
Knowledge
- Excellent knowledge of the banking industry, trends and developments Including up-to-date knowledge of the regulatory frameworks both locally and at the International levels e.g. IFRS, BASEL II/III etc.
- Thorough knowledge of the operations and services of Rural & Community Banks, including the operational risks related to RCBs
- Thorough knowledge of local banking legislation, including LI 1825. Must have a good knowledge of the Banks and Specialized Deposit-Taking institutions Act 2016 (Act 930).
- Must have working knowledge of core banking systems.
Skills
- Must possess strategic leadership, financial, administrative and managerial skills.
- Must have strong networking. Influencing abilities and Stakeholder Management Communications at all levels, both internally and externally.
- Must have strategic analytical thinking and problem solving skills.
- Must have a proven track record of influencing individuals to drive results and strong decision-making skills.
- Must be proficient in the use of MS Office Suite.
- Drive, initiative, business acumen and result-oriented.
- Proven track record of financial management and regulatory compliance.
- Must be a team player in the Bank.
REMUNERATION: Negotiable.
How to Apply for the job
Interested and suitable applicants should submit their applications, accompanied by detailed curriculum vitae, photocopies of certificates, names and addresses of three (3) referees and contact telephone/email addresses should be forwarded to: bankrecruitment2023@gmail.com
OR
Postal Address:
The Chairman,
CEO Search Committee.
PO Box 56.
Nyinahin – Ashanti
CLOSING DATE: Friday, 18th October, 2024