Division Manager – Short-Term / Payday Loans

MULTISURE

Date: 3 weeks ago
City: Port Elizabeth, Eastern Cape
Contract type: Full time

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

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