• Application Deadline: Sat, 11 Nov 2023 00:00:00 GMT
• Position: Business Development Manager


• Job Type Full Time


• Qualification MBA/MSc/MA


• Experience 5 - 12 years


• Location Lagos


• Job Field Sales / Marketing / Retail / Business Development 
  

Job Description

Market Penetration:

• Develop and implement strategies to penetrate new markets and increase market share.


• Monitor competitors and adjust strategies as needed.


• Develop new business opportunities by generating Deposit Liabilities and Fund Mobilization within the MSME and retail market.

Client Acquisition and Relationship Management:

• Lead efforts to acquire new clients and expand the customer base.

Negotiation and Deal Closing:

• Lead negotiations with clients, partners, and stakeholders to secure favorable deals.


• Ensure contracts are effectively managed and executed.


• Identify, develop, and cultivate relationships with customers within the retail and MSME segment who need loans and advances to support their business.


• Initiate the development, launching, and sales of new product offerings

Sales and Revenue Generation:

• Set sales targets and lead the business team to achieve revenue goals.


• Develop and implement sales strategies to maximize profitability.

Performance Monitoring and Reporting:

• Monitor key performance indicators (KPIs) to measure the success of business development efforts.


• Prepare regular reports for Management on progress and achievements.

Team Leadership and Development:

• Lead and manage the business development team, providing guidance and mentorship.


• Conduct regular training and skill development programs for team members.

Compliance and Risk Management:

• Ensure business development activities comply with industry regulations and internal policies.


• Mitigate risks associated with business expansion and client relationships.

Networking and Industry Engagement:

• Represent the institution at industry events, conferences, and seminars to enhance brand visibility.


• Build a strong network of contacts within the financial industry.

Requirements

• Candidates should possess an MBA qualification with 5 - 12 years work experience.