Head, Pan African Payment & Settlement System (PAPSS)

Afreximbank was established in Abuja, Nigeria in October, 1993
by African Governments, African private and institutional investors as well as
non-African financial institutions and private investors for the purpose of
financing, promoting and expanding intra-African and extra-African trade.
Bank, headquartered in Cairo, the capital of the Arab Republic of Egypt,
commenced operations on 30 September, 1994, following the signature of a
Headquarters Agreement with the host Government in August, 1994. It has branch
offices in Harare, Abuja and Abidjan and will open an East Africa branch office
Global Headhunters has been retained by the Afreximbank based in Cairo, Egypt
to recruit for the position below:
Job Title: Head, Pan African Payment &
Settlement System (PAPSS)
Reference Number: LEEBLR10

Location: Cairo, Egypt

Working time: Full-time

Pan African Payment and Settlement System
The Pan African Payment and Settlement System (PAPSS) is the
first centralized payment market infrastructure for processing, clearing and
settling of intra-African trade and commerce payments. PAPSS is an arm of the
African Export- Import Bank (Afreximbank), which is a pan-African multilateral
financial institution, established in 1993 for the purpose of financing and
promoting intra and extra African trade. Afreximbank operates and manages
PAPSS is now ready to start operations and is looking for
experienced individuals, who are innovative, entrepreneurial and imbued with
the passion and commitment to transform Africa through trade.

Lead PAPSS Division Strategy:

Set the vision for the Division and define and lead its overall
Develop and implement scalable and efficient strategies to
ensure both consistent results and growth.
Drive growth, profitability and organization value.
Deliver on financial management strategy.
Execute with Excellence:
Drive day-to-day operations.
Proactively mitigate business, operational & governance
Execute the financial plan and own the operational budget and
manage. costs while growing the business ahead of market disruptions.
Build and Manage Great Talent & Teams:
Attract, retain & develop world-class talent.
Cultivate a high-performing, agile, one-team culture.
Win in the Marketplace:
Champion a successful sales and marketing strategy to deliver
revenue and profitability goals.
Manage competition and threats in the marketplace, with constant
evaluation of business strategy & strategic options.
Manage engagement with African Central Banks at the highest
levels as well as with the African Union (AU), African
Development Bank (AfDB) and other African and global
multilaterals that support trade.
Disrupt & Innovate:
Continue to develop and optimize the PAPSS business model ahead
of the market.
Provide guidance to all functional areas, including switching
services, settlement, product management, payment regulations, payment risks
and compliance, innovation etc.
Mobilize Stakeholders:
Regularly report updates to the Board and corporate stakeholders
regarding progress on strategic priorities and collaborate with the Board to
accelerate progress.
Invest in strategic partnerships & relationships to drive
Oversee PAPSS Shared Services Agreement with Afreximbank to
ensure effective and efficient services to the PAPSS.
Inspire with Meaning & Purpose:
Serve as chief external spokesperson and public champion for the
Establish credibility throughout the customer and partner
networks by authentic engagement to galvanize PAPSS Division to create &
drive solutions to core business and developmental challenges in Africa.

Qualification and Skill:

Minimum 15 years’ experience out of which ten (10) years’ must
be payments experience and knowledge across payment and settlement systems,
cross-border payment services, payments regulatory and legal framework; and
general understanding of payment services industry stakeholders.
Demonstrate experience and understand of Trade and African Trade
in particular.
Banking experience and/ or sound knowledge of the banking system
sector/ industry.
First Degree in Engineering, Computer Science, Management,
Economics, or any related discipline and relevant post-graduate degrees.
Graduate degree or professional qualifications is required.
An expert and strategic thinker with proven track record of
achievement and contribution to the development of payment services including
systems, policies and procedures.
Ability to drive the next cycle of innovation in payments
markets towards stronger financial integration as well as trade and economic
growth and development of Africa.
Ability to adapt to and drive change in response to changing
environments (both internally and externally).
Ability to liaise and manage key stakeholders including Board
members, African Central Banks, regulators, payment service providers, bankers’
associations, FinTechs and other industry associations or bodies; to keep regular
updates on business performance and agendas progress.
Detailed understanding and knowledge of consumer issues; an
understanding of the risks posed to consumers and providers within the payment
systems sector and its wider impact on expanding intra-African trade.
Detailed understanding of trade especially Intra-African trade
and knowledge of clearing and settlement issues as they relate to Africa
including that of cross-border payment issues such as bilateral exchange rates
issues etc.
Proven track record of building successful products and high
calibre teams from the ground up, ideally in current roles.
Prior working experience in developing and/ or managing digital
payment products and solutions especially cross-border related or experience in
digital transformation agendas of an organization/ company or industry.
Strong skills in financial analysis, risk management and human
resources management.
Must be team oriented, collaborative, diplomatic, and
influential, flexible, with superb presentation skills.
Experience and in-depth knowledge of the payments industry,
experience in managing e-commerce, mobile or other payments projects.
Excellent communication in English or French. A working
knowledge of French is an advantage and knowledge of Arabic and/or, Portuguese
is a plus.
Benefits and Contractual information
USD tax exempt salary
Willing and able to relocate to Cairo
Suitably qualified candidates from all African nationalities are
encouraged to apply.
Application Closing Date

31st December, 2020.

How to Apply

Interested and qualified candidates should send their CV to “Lise Kotze”
via: lkotze@caglobalint.com using
the Job Title as the subject of the email.

Note: CA Global will respond to
short-listed candidates only. If you have not had any response in two weeks,
please consider your application unsuccessful however your CV will be kept on
our database for any other suitable positions.

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