• Application Deadline:
• Position: Business Development Officer


• Job Type Full Time


• Qualification BA/BSc/HND , OND


• Experience 2 years


• Location Lagos


• Job Field Sales / Marketing / Retail / Business Development 
  

Job Objective and Summary

• Develops and implements strategies to ensure onboarding of new customers and maintain excellent day-to-day relationships to achieve organizational goals.


• The principal objective of the role is client relationship management, business development, client acquisition, market analysis, risk monitoring and mitigation.

Responsibilities

• Initiates and develops relationships with MSMEs and others for business growth.


• Manages information flow between client and the company


• Monitors and reports on the performance of all loans, schemes and investments managed for the company against monthly/quarterly/annual plans.


• Responsible for achieving business development targets for a segment of the market


• Stays abreast of recent market trends, identifies market opportunities and develops customer relevant propositions that drive key measures such as market share, revenue, profit and brand health.


• Works with management in developing timely solutions for client requirements.


• Conducts business reviews with clients on periodic basis.


• Contacts and follows-up on prospects for new opportunities.


• Addresses customer issues/concerns in accurate and timely manner.


• Provides business advice and consultancy to clients in an effective manner.


• Maintains strong knowledge of company’s products, pricing, policies etc., so as to educate clients on benefits


• Identifies present and future business development opportunities with new and existing clients.


• Maintains security and confidentiality of client information.

Key Performance Indicators

• Contribution to company’s’ PBT


• Non-Performing Loan Ratio


• Volume of new loans disbursed to clients


• Number of new clients onboarded/disbursed to


• Total number of clients disbursed to within the year


• Number of jobs created


• Gender Empowerment (percentage of total MSMEs impacted that are female-owned)


• Youth Empowerment (percentage of total MSMEs impacted that are owned by Youth - aged 40 years and below)


• Number of errors detected on the Activity Reports to Management


• Promptness in submitting acceptable monthly report


• Rate of non-compliance with operational guidelines observed by auditors/verifiers


• Number of complaints from clients


• Number of administrative lapses observed


• Quality of reports produced.

Qualifications

• An OND, HND, Bachelor’s Degree with up to 2 years’ experience working with an MFB on Lagos Island.

Competencies:

• Good working knowledge of financial procedures and applications


• Understanding of lending practice and related policy issues, their implications and applications


• Knowledge of credit administration, operations and management


• Knowledge of risk management.

Technical Competencies:

• Meeting Facilitation skills


• Application of P/C productivity tools such as Microsoft Word, Excel, PowerPoint etc.


• Excellent written and oral communications Skills


• Excellent organisational and Coordination skills


• Expertise in credit administration/ supervision


• Excellent analytical skills


• Expertise in credit analysis and appraisal


• Expertise in loans administration / account management.

Behavioural competencies:

• Teamwork


• Motivation


• Results Orientation


• Interpersonal relationship Ability


• Action planning


• Creativity/Innovation


• Responsiveness


• Excellent Administrative ability.

Benefits

• Salary: N120,000 Monthly.


• HMO


• Pension.