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Exciting Career Opportunities In Nigeria Mortgage Refinance COMPANY (NMRC)

Date Posted: 14/Nov/2013
Deadline: 15/Nov/2013




In line with the Federal Government of Nigeria's recent drive to grow the housing market by bridging the funding cost of residential mortgages and promoting the availability and affordability of housing to Nigerians; the Federal Ministry of Finance in collaboration with the Central Bank of Nigeria, the World Bank Group, Department for International Development (DFID) and mortgage finance institutions is setting up a Nigeria Mortgage Refinance Company (NMRC).

The Nigeria Mortgage Refinance Company (NMRC) is projected to set in motion a growth process that will deliver 75,000 houses per year in the first instance, and generate and sustain at least 300,000 direct and close to half a million indirect jobs, with a portfolio of assets estimated at $100 billion.

To achieve this transformational initiative, the NMRC is now seeking to attract visionary and result-oriented professionals with cognate experience and proven track record of success to join the executive team in the following positions:  

  • Chief Executive Officer (CLS001)
  • Chief Financial Officer (CLS002)
  • Chief Operating Officer (CLS003)

The CEO position is exclusive to Nigerians (home and abroad) while other positions are open to Nigerians and non-Nigerians




The holder of this position will report to the Board of Directors and supervise the activities of the Chief Operation Officer (COO) and Chief Financial Officer (CFO).
The role will involve leading the corporate strategy and providing strategic guidance and oversight to the management team. Working closely with the Board of Director to formulate appropriate investment policies and strategies, the occupant of this position must possess the following specifications at the minimum:

  • Bachelor’s degree in Economics/Business Administration/Accounting
  • Post graduate degree (most preferred)
  • Ten (10) years professional experience in banking at senior management level
  • Strong understanding of fixed income market, bond structuring, legal intricacies of mortgage backed securities and a comprehensive knowledge of mortgage products their legal issues, payment structures and maturity matching
  • Knowledge and understanding of African banking and financial sector




This position will support the company's Chief Executive Officer on the establishment and optimization of day-to-day operations in the company.

The occupant of this position must possess the following minimum specifications:

  • Bachelor's degree in Economics/Business Administration/Accounting
  • Post graduate degree (most preferred)
  • Minimum of (10) years industry experience in various roles
  • At least 5 – 8 years operations management experience
  • Experience in setting-up and implementing underwriting policies and procedure




This position will oversee the management of the company's funds to ensure availability of sufficient liquidity to finance its operations at all times consistent with acceptable risks.

The holder of this position must possess the following minimum specifications:

  • Bachelor's degree in Accounting and other related field
  • Member of a professional body preferably, ACCA, ACA etc.
  • Minimum of 10 years industry experience out of which 7 – 10 years must have been in management role
  • Strong knowledge of accounting principles and practices and the financial markets


Method of Application

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