The Business Development Officer (BDO) is responsible for driving the growth of the bank’s customer base, enhancing market penetration, and building long-term relationships with clients.
This role involves identifying new business opportunities, developing strategic partnerships, and promoting a wide range of banking products and services to individuals, SMEs, and corporate clients.
Responsibilities
Identify and pursue new business opportunities across retail and corporate banking sectors.
Achieve set sales targets for deposits, loans, cards, and other banking products.
Develop and maintain strong relationships with new and existing clients to ensure customer satisfaction and loyalty.
Conduct market research and competitor analysis to identify growth areas and tailor strategies accordingly.
Coordinate with internal teams (product, operations, credit) to deliver timely and customized solutions to clients.
Represent the bank at networking events, trade shows, and conferences to build brand presence and generate leads.
Prepare proposals, financial projections, and presentations for client pitches.
Monitor and report on sales performance metrics, pipeline status, and market feedback to management.
Ensure full compliance with bank policies, procedures, and regulatory requirements.
Requirements
Bachelor’s Degree in Business Administration, Finance, Marketing, or a related field
3 – 5 years of experience in business development, sales, or relationship management within the banking or financial services industry.
Proven track record of meeting or exceeding sales targets.
Strong knowledge of banking products and services (loans, deposits, trade finance, etc.).
Excellent interpersonal, negotiation, and communication skills.
Self-driven with strong organizational and time management abilities.
Proficiency in CRM tools and Microsoft Office Suite.