StratPartners Consults is supporting a client with an executive search for a Managing Director within the digital financial technology space.
THE ROLE
The successful candidate must have a strong technical background, with prior hands-on experience in software development, software engineering, systems architecture, solutions engineering, IT or related technology disciplines, alongside proven experience in business leadership, enterprise sales, business development and strategic partnerships.
He/She will provide overall strategic, commercial and operational leadership for the business, with responsibility for driving its growth, market positioning and profitability. He/she must be capable of bridging technology and business, translating technical capabilities into commercially viable solutions and driving sustainable business growth.
KEY RESPONSIBILITIES
1. Business Strategy and Leadership
- Develop and execute the overall business strategy, growth plans and annual operating objectives.
- Identify new business opportunities and strategic growth initiatives.
- Drive business objectives across all functional areas.
- Establish business targets, performance indicators and accountability structures.
- Provide overall leadership and direction to the business team.
2. Business Development and Commercial Growth
- Develop and execute effective go-to-market strategies.
- Drive business acquisition, enterprise sales and strategic business development initiatives.
- Identify and convert business opportunities into sustainable revenue.
- Lead commercial negotiations, proposals and strategic business engagements.
- Build and maintain relationships with key industry stakeholders and decision-makers.
- Drive customer acquisition, retention and revenue growth.
- Identify new commercial opportunities and revenue streams.
3. Technology and Product Management
- Provide strategic direction for the development and commercialisation of technology products.
- Work closely with technology and product teams to align solutions with market needs and business objectives.
- Drive product innovation, market relevance and continuous improvement.
- Ensure technology initiatives support the overall business strategy and commercial objectives.
4. Strategic Partnerships and Market Development
- Develop and maintain strategic relationships with financial institutions, technology partners, corporate organisations and other relevant stakeholders.
- Identify opportunities for strategic alliances and business collaborations.
- Represent the business at industry engagements and strategic meetings.
- Monitor market developments, industry trends and competitive activities to identify growth opportunities.
5. Financial and Operational Management
- Take ownership of the business's financial performance, revenue growth and profitability.
- Develop and manage budgets, forecasts and business performance targets.
- Monitor business performance against agreed KPIs.
- Ensure effective resource allocation, cost management and operational efficiency.
- Provide regular performance reports and strategic recommendations to shareholders.
REQUIRED SKILLS AND COMPETENCIES
- Strong technical understanding of software development, technology architecture, digital platforms and technology-driven business models.
- Excellent commercial acumen and a strong orientation towards revenue generation.
- Proven enterprise sales, business development and deal-closing capabilities.
- Ability to translate technology capabilities into commercially viable products and services.
- Strong strategic thinking, negotiation and stakeholder management skills.
- Proven leadership, decision-making and execution capabilities.
- Strong analytical, problem-solving and financial management skills.
- Innovation, adaptability and the ability to drive business growth in a dynamic environment.
QUALIFICATIONS AND EXPERIENCE
- Bachelor's degree in Computer Science, Software Engineering, Information Technology, Computer Engineering or a related technical discipline.
- An MBA or relevant postgraduate qualification will be an added advantage.
- Minimum of 15 years' relevant professional experience, with at least 5 years in senior leadership, business management or executive commercial roles.
- Proven hands-on experience in software development, software engineering, systems architecture, solutions engineering, IT or a related technical discipline.
- Demonstrable career progression from a technical role into business, commercial or executive leadership.
- Experience in fintech, financial services, technology solutions, digital business or related industries.
- Proven track record in enterprise sales, business development, strategic partnerships and revenue generation.
- Experience managing business budgets, P&L and commercial performance.
KEY PERFORMANCE INDICATORS
Performance will be assessed against:
- Overall business growth and market penetration.
- Acquisition of strategic clients and business partnerships.
- Achievement of revenue and profitability targets.
- Growth in customer acquisition and product adoption.
- Successful commercialisation of products and new business opportunities.
- Customer retention and overall business performance.
- Operational efficiency and effective resource management.