Managing Director

As the Managing Director of AfrikMoney (UK), you will serve as the strategic lead and regulatory face of the business within the United Kingdom. You are responsible for steering AfrikMoney’s expansion into the UK/Europe-to-Africa remittance corridor. Your primary mandate is to drive rapid market penetration, secure and maintain vital regulatory licenses (FCA), build a high-trust brand for the African diaspora, and oversee the P&L of our UK operations. This role is a blend of high-level regulatory governance, commercial aggression, and operational excellence in the competitive UK Fintech space.

Key Responsibilities

1. Strategic Leadership & Market Expansion

• Market Entry: Develop and execute the UK go-to-market strategy to capture significant market share in the UK-Africa remittance corridor.
• Commercial Growth: Deliver on ambitious KPIs regarding transaction volumes, active user acquisition, and revenue growth.
• Brand Positioning: Position AfrikMoney as the most reliable, cost-effective, and user-friendly platform for the UK-based diaspora to send value home.

2. Regulatory & Compliance Governance

• FCA Oversight: Lead and maintain all regulatory relationships with the Financial Conduct Authority (FCA). Ensure the business adheres to the highest standards of AML, KYC, and CTF protocols.
• Governance: Act as the primary accountable executive for UK operations, ensuring full compliance with UK financial services legislation, data protection (GDPR), and consumer rights.
• Risk Management: Implement and monitor robust risk frameworks to protect the company, its capital, and its reputation in the UK market.

3. Operational Excellence & Stakeholder Management

• Partnership Management: Build and manage relationships with UK banking partners, payment processors, and liquidity providers to ensure seamless cross-border transfers.
• Operational Setup: Build and lead a high-performing local team (Operations, Compliance, Customer Success, and Sales).
• Board Engagement: Provide regular, transparent, and actionable reporting to the Group Board of Directors regarding UK performance, regulatory health, and competitive intelligence.

4. Technology & Product Integration

• Platform Localisation: Collaborate with the Group Product and Tech teams to ensure the AfrikMoney app meets the UX/UI expectations of the UK market.
• Customer Journey: Ensure that the UK user journey—from sign-up to payout in the destination country—is optimized for speed, security, and customer satisfaction.

Requirements

Experience:

• 12–15+ years in the UK Fintech or Payments industry.
• Proven experience in remittance or cross-border payment businesses is non-negotiable.
• Demonstrated success in navigating the FCA authorization/licensing process and maintaining an active relationship with UK regulators.

Technical Knowledge:

• Deep expertise in Open Banking, payment rails (SWIFT, SEPA, Faster Payments), and card schemes.
• Strong understanding of AML/KYC technology stacks.

Leadership Attributes:

• Integrity: Uncompromising standards regarding compliance and business ethics.
• Strategic Acumen: The ability to move between "big picture" strategy and the granular detail required for UK regulatory compliance.
• Entrepreneurial Mindset: You are comfortable building from the ground up and navigating the challenges of a scale-up.

Key Performance Indicators (KPIs)

• Regulatory Health: Maintaining 100% compliance with FCA audits and filings.
• Growth: Year-on-year growth in total transaction volume (TTV) and net revenue.
• User Retention: DAU/MAU ratios and customer churn rates within the UK market.
• Market Share: Percentage of the UK-Africa remittance corridor captured within the first 24 months.

Why Join AfrikMoney?

You will be the architect of a bridge connecting the UK to Africa’s growing digital economy. This is a high-autonomy, high-impact role that provides the platform to lead an international expansion of an ambitious, tech-driven financial group.