26 May 2024

Chief Executive Officer at Switchlink Africa Ltd

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Job Description

Switchlink Africa’s concept, originally came from the need to improve efficiency in international remittances. Slowly it has evolved into a company that can offer financial solutions to not only MTO’s but to other financial institutions, NGO’s, Merchants and individuals

Role Overview:

Switchlink is seeking a dynamic and visionary CEO for Kenya to spearhead the growth and expansion of the company’s sales and operations. Reporting to the board, this role demands a strategic leader with an entrepreneurial mindset who can drive the conceptualization and implementation of Switchlink’s offerings in the local market, ensuring alignment with best practices and regulatory standards.

Key Responsibilities:

In-Country Management 

  • Oversee and support functions including Retail Sales, Enterprise Sales, Operations and Partnerships (Expansion), Compliance and Risk, and Regulatory Affairs.
  • Initially cover these roles and collaborate with central function leads until in-country leads are established.

Manage Product, Tech and Engineering 

  • Manage the overall product roadmap and feature set evolution in the product development lifecycle
  • Work with product & engineering team on market-specific requirements to develop a customer-centric product roadmap
  • Apply agile methodologies to keep the product roadmap and it’s execution focussed on new discoveries of customers evolving needs
  • Optimize the engineering function by making decisions on the optimal mix of external and internal resources which balances execution speed and quality
  • Leverage knowledge of fintech, AI, Web3, and other emerging technologies to drive innovation in Switchlink’s product offerings.

Team Building and Leadership while Instilling an Entrepreneurial Culture 

  • Build a high-performing, innovative team capable of driving Switchlink’s mission and goals.
  • Attract, develop, and retain top talent to ensure a strong, cohesive team.
  • Foster a collaborative and empowering work environment that encourages creativity and high performance.
  • Develop and communicate a clear vision for Switchlink’s role within Kenya’s payments ecosystem.
  • Align the local team’s role within the broader Switchlink ecosystem.
  • Maximize team performance and provide support to achieve team and individual goals.
  • Foster a high-performance culture through effective management and support.
  • Articulate and communicate the vision and goals to direct and dotted line reports.
  • Secure buy-in from global teams on the local country’s role in the overall Switchlink roadmap.
  • Foster a culture of innovation and agility within the local team to quickly adapt to market changes and emerging trends.
  • Encourage and implement creative solutions to overcome challenges and drive growth.

P&L Management:

  • Develop and manage budgets, forecasts, and financial plans to ensure financial targets are met.
  • Execute the growth strategy with a clear path to profitability .
  • Drive the overall profitability and financial performance of Switchlink in Kenya.
  • Monitor and analyze financial performance, implementing corrective actions as needed to meet or exceed financial goals.

Relationship-Building and Collaboration:

  • Build and maintain strong relationships with internal departments and external stakeholders.
  • Collaborate cross-functionally to ensure a cohesive approach to market challenges and opportunities.

Growth strategy – Market insights , Strategic Sales and Market Positioning:

  • Drive product awareness, retail traffic, enterprise sales, user adoption, and revenue growth.
  • Qualify and forecast monthly business performance across enterprise and retail segments.
  • Implement metrics-driven strategies to align activities with revenue goals.
  • Develop a competitive analysis to identify and leverage positioning opportunities.
  • Enhance Switchlink’s brand presence through offline events, sponsorships, and affiliate partnerships.
  • Drive brand awareness in the local market through strategic initiatives.
  • Gain deep insights into the local market dynamics, regulations, and economic indicators.
  • Identify and capitalize on growth opportunities using first-party and third-party data

Requirements

Desired Skills and Expertise:

  • Technical and Product Expertise: In-depth knowledge of fintech with a focus on payments systems and product development. Experience managing engineering teams and developing products from zero to one. Proficiency in leveraging AI and Web3 for product innovation.
  • Entrepreneurial Skills: Proven track record of entrepreneurial success and innovative thinking. Ability to identify new business opportunities and drive them to fruition. Strong problem-solving skills and a willingness to take calculated risks.
  • Demonstrate a proactive, self-starter approach to identifying and capitalizing on business opportunities.
  • Team Building: Experience in building and leading high-performing, innovative teams in a technology environment. Ability to attract, develop, and retain top talent. Strong leadership skills with a focus on team empowerment and collaboration.
  • P&L Management: Extensive experience in managing P&L responsibilities. Strong financial acumen with the ability to develop and manage budgets, forecasts, and financial plans. Proven track record of driving profitability and financial performance.
  • Industry and Market Knowledge: Strong understanding of local and global industry dynamics, including regulations and the operating environment. Ability to think strategically about macro and microeconomic factors impacting the business.
  • Communication and Networking: Exceptional networking and negotiation skills. Excellent verbal and written communication abilities.
  • Analytical and Problem-Solving Skills: Strong analytical skills and strategic thinking. Ability to manage multiple tasks and projects effectively.
  • Project Management: Excellent project management skills to oversee complex initiatives. Ability to work autonomously and drive projects to completion.
  • Customer Acquisition at Scale
  • Brand Development: Experience developing a b2c or b2b brand within fintech , e-commerce or general tech space is a big plus.

Qualifications:

  • At least 8 years in the tech industry, including fintech, banking, e-commerce, or telcos, with a minimum of 5 years in product development in fintech.
  • Degree in Business, Computer Science, Economics, or Engineering with a quantitative focus; a postgraduate degree is a plus.
  • Experience in managing highly sensitive information and security protocols.
  • Experience in managing highly complex and fast-changing projects.
  • Ability to analyze large volumes of data to make sense of it; experience with data science tools is a big plus (e.g., SQL, R, Advanced Excel).
  • Experience in blockchain and Web3 tools in developing new solutions is a plus


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