Job Description
Job Summary
- The Senior Business Development Officer drives the Bank’s growth strategy by originating and expanding high-quality deposit and credit portfolios within the MSME segment, ensuring full alignment with the Bank’s strategic and financial objectives.
- The role leverages market intelligence to identify and convert new business opportunities, optimize product positioning, and strengthen revenue performance.
- It provides leadership and oversight for business development activities, ensures disciplined execution and superior client engagement, and maintains strict adherence to regulatory requirements and internal policies.
Job Description
Business Planning:
- Translate the Bank’s vision and strategic priorities into actionable business development initiatives and departmental objectives.
- Conduct strategic research and impact analysis to inform management decision-making and strengthen business planning outcomes.
- Drive the cascade and execution of approved strategic objectives within the Business Development function.
Competitive & Economic Analysis:
- Lead structured analysis of market, competitive, regulatory, and macroeconomic trends to ensure strategic alignment and responsiveness.
- Engage proactively with regulators, government agencies, and key stakeholders to interpret policy shifts and assess implications for business growth.
- Provide periodic strategic intelligence reports to support executive oversight.
Identification of Business Opportunities and New Product Planning:
- Identify and evaluate new market, sectoral, and product opportunities aligned with the Bank’s growth agenda, particularly within the MSME segment.
- Conduct feasibility assessments, financial modelling, and impact forecasting for new product and market entry initiatives.
- Drive structured implementation of the Bank’s product development framework and industry engagement strategy.
Stakeholder Management & Product Development:
- Collaborate cross-functionally to define product requirements, develop specifications, and execute go-to-market strategies.
- Engage clients and key stakeholders to validate assumptions, refine value propositions, and ensure market relevance.
- Facilitate development of supporting policies, operational processes, and compliance controls for new product rollout.
New Product Performance & Continuous Improvement:
- Establish and monitor performance scorecards to track portfolio growth, profitability, and product adoption.
- Lead post-implementation reviews to optimize product performance and enhance commercial outcomes.
- Drive continuous improvement across business development systems, processes, and strategic planning frameworks.