Job Description

The Executive Director, Products and Markets, is responsible for overseeing the Investment Management and Business Development Departments of the Pension Fund Administrator (PFA). This role ensures the effective management of pension fund investments, drives product innovation, and spearheads business development initiatives to grow the PFA’s market share. The role is also pivotal in ensuring compliance with PenCom investment guidelines while enhancing returns for pension contributors and stakeholders.

Key Expectations of the Role:

• Oversee the formulation and execution of investment strategies in line with PenCom regulations and global best practices.
• Drive innovation in pension products and services to enhance value for contributors and retirees.
• Lead business development initiatives, including client acquisition, market expansion, and relationship management with key stakeholders.
• Ensure compliance with all regulatory guidelines governing pension fund investments and marketing activities.
• Monitor market trends and economic developments to optimize investment decisions and business strategies.
• Strengthen relationships with regulatory bodies, institutional investors, corporate clients, and financial service providers.
• Provide strategic direction for portfolio diversification, risk management, and sustainable investment growth.
• Collaborate with other executive directors and the MD/CEO to align investment and market strategies with the PFA’s corporate vision.

Expected Competencies

Key Requirements for the Role:

• A minimum of a Bachelor’s degree in Finance, Economics, Investment Management, Business Administration, or a related field. A Master’s degree or professional certification (CFA, ACCA, ACA, or CIPM) is an added advantage.

• Minimum of 18 years of relevant experience, with at least 13 years in the financial services industry and 7 years in leadership roles within the financial services industry
• Preference will be given to candidates with experience as a Head of Department or in a top management role within the pension industry.
• Experience in capital markets, investment management and business development is essential in this role.

• Strong knowledge of pension fund investment regulations, asset allocation, and risk management frameworks.
• Proven experience in business development, client relationship management, and market expansion strategies.
• Excellent leadership, negotiation, and communication skills.
• Deep understanding of the Nigerian pension industry, including regulatory requirements and emerging trends.
• Strategic mindset with a track record of driving business growth and investment performance.