INDEPENDENT DIRECTOR

This is a remote position.

iQualex Financial Group Limited is a Jamaican-rooted financial holding company building a modern group of governance-led, technology-enabled financial businesses. Through its subsidiaries, including iQualex Capital Limited, the Group creates opportunities across lending, credit recovery, payments, compliance, operations, and financial technology. iQualex Capital Limited is a dynamic, licensed microcredit company headquartered in Jamaica, with a global presence in the United States, Colombia, and Nigeria. Our slogan, Start Something BIG! , drives everything we do. We are not just about microfinance; we are about Bold leadership, innovation, integrity, growth, and Global Vision. We empower communities, support entrepreneurship, promote responsible access to credit, and uphold strong governance, compliance, and accountability under Jamaican laws and regulatory expectations, including the Microcredit Act, 2021, and the Data Protection Act, 2020. iQualex Capital Limited is seeking a suitably qualified Independent Director to serve as a non-executive member of its Board of Directors. The Independent Director will provide objective Board-level oversight over the Company’s governance, regulatory compliance, financial discipline, risk management, internal controls, ethical conduct, and responsible microcredit operations. This is a governance appointment, not an operational employment role. The Independent Director will be expected to exercise independent judgment, review Board materials, participate in Board and governance meetings, provide constructive challenge, support proper escalation of material matters, and assist the Company in maintaining governance discipline appropriate for a licensed microcredit institution. The role is primarily remote, with participation in virtual Board and governance meetings. Occasional in-person attendance or travel may be required for Board meetings, regulatory matters, audit discussions, governance reviews, training, or other approved Company matters. Responsibilities The Independent Director will be expected to:
- provide independent Board-level oversight over governance, compliance, audit, financial reporting, risk management, credit governance, internal controls, and regulatory affairs;

- review Board papers, minutes, resolutions, governance records, management reports, financial summaries, compliance updates, audit matters, risk reports, and other materials submitted for Board consideration;

- exercise independent judgment and provide constructive challenge where clarification, correction, escalation, or further review is required;

- support the Board in ensuring that the Company is governed prudently, transparently, responsibly, and in accordance with applicable law, regulatory expectations, the Company’s Operating Agreement, and Board-approved policies;

- review compliance, AML/CFT, regulatory reporting, consumer protection, complaints, data protection, and internal control matters presented to the Board;

- receive and review reports or escalations from the Nominated Officer concerning compliance, AML/CFT, regulatory, or internal control matters;

- assist in ensuring that material concerns are properly escalated, documented, and considered through the appropriate Board or committee process;

- attend quarterly Board meetings, relevant committee meetings, Annual General Meetings, special meetings, regulatory meetings, or other governance meetings where required or approved;

- review financial summaries, audit findings, internal control concerns, management responses, and remediation progress;

- review credit risk, portfolio quality, delinquency trends, exception reporting, hardship trends, recovery updates, and material operational risks presented to the Board;

- maintain confidentiality over all Company, borrower, employee, shareholder, financial, regulatory, and Board information; and

- preserve independence and avoid actual, potential, or perceived con