Division Manager – Short-Term / Payday Loans
MULTISURE
We’re Hiring: Division Manager – Short-Term / Payday Loans
Based in Port Elizabeth, South Africa
Start Date: 1 September 2026
Our company, a trusted name in providing insurance solutions to South Africa’s lower LSM market, is diversifying into short-term/payday loans. We are seeking a dynamic and experienced Division Manager to lead the start-up and growth phase of this new business line.
About the Role
As Division Manager, you will take full responsibility for establishing, managing, and scaling our new short-term lending division. This includes developing strategy, overseeing operations, ensuring compliance, building the right team and driving sustainable growth.
Key Responsibilities
- Lead the start-up and roll-out of the short-term/payday loan division.
- Develop and implement business strategies, processes and policies.
- Ensure compliance with all regulatory requirements (e.g., NCR, NCA).
- Recruit, train and manage staff and resources.
- Build and manage relationships with stakeholders, including clients, partners and regulators.
- Monitor performance, manage risk and ensure profitability of the division.
Requirements
- Minimum of 3 years’ proven experience in the short-term/payday lending industry.
- Strong knowledge of relevant legislation, compliance and operational requirements.
- Demonstrated ability to manage start-up and growth phases of a financial services business.
- Leadership and people management experience.
- Based in Port Elizabeth (Gqeberha), South Africa.
What We Offer
- An exciting opportunity to build and grow a new division from the ground up.
- Competitive remuneration package.
- Supportive leadership and a strong existing client base from our insurance business.
If you’re a results-driven professional with a passion for financial services and growth, we’d love to hear from you!
Apply via LinkedIn or send your CV and cover letter to ***email_hidden***