• Application Deadline:
• Position: Business Development Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 2 - 5 years


• Location Lagos


• Job Field Sales / Marketing / Retail / Business Development 
  

Job Summary

• A Business Developer in a micro-lending company plays a vital role in driving business growth by identifying and pursuing new opportunities for lending services.


• This position involves developing strategic partnerships, expanding the customer base, and contributing to the overall success and profitability of the company's lending operations.

Job Responsibilities

Market Research and Analysis:

• Conduct market research to identify potential target segments for short-term personal and SME finance.


• Analyze market trends, competitor activities, and customer needs.

Business Strategy Development:

• Develop and implement business development strategies to drive the growth of the lending portfolio.


• Identify new business opportunities and areas for expansion.

Partnership Building:

• Establish and nurture relationships with key stakeholders, including business partners, financial institutions, and industry associations.


• Negotiate and manage strategic partnerships to enhance the company's lending capabilities.

Customer Acquisition:

• Develop and execute strategies to attract and acquire new customers, including salaried individuals, self-employed personnel, and small businesses.


• Collaborate with marketing teams to create effective customer acquisition campaigns.

Product Development:

• Work closely with product development teams to tailor lending products to the needs of target customers.


• Introduce innovative lending solutions to address market demands.

Sales and Revenue Generation:

• Achieve sales targets and contribute to revenue generation through effective business development efforts.


• Explore cross-selling opportunities to maximize customer value.

Networking:

• Attend industry events, conferences, and networking opportunities to build the company's presence in the micro-lending sector.


• Represent the company in a professional and positive manner.

Job Qualifications

• Bachelor's Degree in Business, Finance, Marketing, or a related field.


• Proven experience in business development, sales, or a similar role in the financial or micro-lending industry.


• Knowledge of micro-lending operations, short-term finance, and SME lending.


• Familiarity with regulatory compliance standards in the micro-lending industry.


• Strong analytical, problem-solving, and strategic-thinking skills.


• Excellent communication and negotiation skills.


• Results-oriented with a track record of achieving sales and business development targets.


• Familiarity with CRM systems and sales tools.

Job Experience:

• 2 - 5 years of relevant experience in business development or sales in the financial or micro-lending sector.


• Demonstrated success in identifying and capitalizing on business opportunities.


• Experience in developing and managing strategic partnerships.


• Proven ability to drive revenue growth and achieve sales targets.

Knowledge and Skills:

• Comprehensive understanding of micro-lending operations, short-term finance, and SME lending.


• Knowledge of regulatory compliance standards and market trends in the micro-lending industry.


• Strong networking and relationship-building skills.


• Strategic thinking and the ability to identify and pursue new business opportunities.


• Effective communication and presentation skills.


• Results-oriented mindset with a focus on achieving business objectives.


• Ability to work independently and as part of a cross-functional team.


• Familiarity with customer acquisition strategies and marketing principles.


• Adaptability and flexibility to navigate a dynamic business environment.