Deputy Managing Director Job at Fido

Fido

Deputy Managing Director Job Post

Location: Jobs in Uganda 2023 - 2024

Work Hours: Full-time, 08 hours per day

Salary: UGX

No. of vacancies: 01

Deadline: March 22 2024

Hiring Organization: Fido

Job Details:

Who are we
There are 2B adults worldwide that don’t have a bank account. 2B. That’s ~40% of the world’s adult population. 350M of these live in Sub Saharan Africa. They are hardworking, young, connected adults that are invisible to the traditional banking system. Fido is changing that. We are building a borderless digital bank so that everyone can access financial products like credit, savings, and payments that make lives easier and better.
Are you tired of building boring enterprise software? Want to be an early employee in a unique consumer brand? Want to do work that has an impact on society? Join us. We build consumer products that are powered by a magical cocktail of real time mission critical ML models, behavioral psychology and financial engineering. We promote meritocracy, decide fast and commit, and worship data. Come join us as one of our early team members.
Join our mission to make financial services accessible and improve the lives of millions of people in Africa and emerging markets.

What you will do
We are searching for a dynamic and experienced leader to join our Ugandan management team that is leading the expansion of digital financial services in Uganda. Reporting directly to the Managing Director, the successful candidate will play a pivotal role in advancing our business objectives by strengthening existing partnerships and cultivating new strategic alliances. This individual will serve as a key representative of the company in external engagements with partners while providing crucial support to the MD in overseeing day-to-day business operations.

Key Responsibilities:
Strategic Partnerships:
• Collaborate with the Managing Director to identify and evaluate potential strategic partnerships that align with the company's goals.
• Establish and nurture strategic partnerships that facilitate the successful launch of products in the company's roadmap.
Relationship Management:
• Build strong relationships with key stakeholders, including potential partners, regulatory authorities, and industry influencers.
• Represent the company in negotiations and discussions with external parties.
Business Operations Leadership:
• Collaborate with the MD in overseeing and optimizing day-to-day business operations.
• Provide leadership and guidance to cross-functional teams, ensuring alignment with organizational objectives.
• Contribute to the development and execution of operational strategies to enhance efficiency and effectiveness.
Product Innovation:
• Work closely with the Product team on the development of new products and innovative solutions according to the company's product roadmap.
• Conduct market research and gather customer needs to support optimal product solutions for Fido customers.
Market Intelligence and Analysis:
• Gather competitive intelligence and conduct a thorough analysis of industry trends.
• Stay abreast of market dynamics, and competitor activities, and provide insights and recommendations for informed decision-making.
• Conduct market analysis to identify new business opportunities and assess potential risks.
Expansion:
• Develop and implement strategies to drive the expansion of the company's existing and new products.
• Lead efforts in raising debt to support expansion initiatives.

Requirements:
1. Education and Experience:
• Proven experience of at least 5 years in business development, partnership management, and strategic planning within any of the following: Product Development, Digital Banking, Fintech, Partnerships.
• Bachelor's degree in Business, Finance, Marketing, or a related field. Master's degree is a plus.
2. Partnership Management:
• Extensive experience in identifying, negotiating, and managing strategic partnerships.
• Strong interpersonal and relationship-building skills
3. Product Research Experience:
• In-depth knowledge of financial markets, regulatory frameworks, and emerging trends in the fintech industry.
• Proven record of leading enhanced product research to identify valuable information before new products goes to market.
4. Analytical Skills:
• Strong analytical skills with the ability to gather and interpret market intelligence and data.
• Experience in making data-driven decisions.
5. Financial Acumen:
• Solid understanding of financial concepts and products, including budgeting, forecasting, and financial analysis.
6. Regulatory Knowledge:
• Familiarity with the regulatory environment in Uganda's fintech and financial services sector will be an advantage.