Senior Business Development Executive at Prodigy Microfinance Bank

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
84609
Job Views
108

Job Description



Job Summary:



  • Currently, we are in search of an innovative and forward-thinking Senior Business Development Executivewho can steer our microfinance bank towards great achievements.

  • As the Senior Business Development Executive, you will be responsible for the overall strategic direction, leadership, and management of the microfinance bank.

  • You will drive growth and expansion, ensure operational efficiency, maintain regulatory compliance, and lead a diverse team to achieve the bank's mission and objectives.


Key Responsibilities



  • Strategic Leadership:

    • Develop and execute a comprehensive strategic plan that aligns with the bank's vision, mission, and values.

    • Identify growth opportunities and expansion strategies to increase the bank's market presence and impact.



  • Financial Management:

    • Oversee financial performance, budgets, and forecasts, ensuring profitability and sustainable growth.

    • Implement effective risk management strategies and maintain a strong credit quality portfolio.

    • Monitor key financial indicators and take proactive measures to address any deviations.



  • Operational Excellence:

    • Streamline operational processes to enhance efficiency, customer experience, and service delivery.

    • Maintain a robust internal control framework and ensure compliance with industry regulations and standards.



  • Team Leadership:

    • Foster a positive and collaborative work environment, leading and inspiring a diverse team of professionals.

    • Provide coaching and professional development opportunities to ensure the team's continuous growth.



  • Customer Engagement:

    • Enhance customer relationships and ensure the bank's products and services are aligned with customer needs.

    • Drive customer retention and satisfaction by promoting excellent service quality.



  • Market Expansion:

    • Identify potential markets and segments for expansion, conducting market research and feasibility studies.

    • Develop and execute market entry strategies to successfully launch new branches or units.




Requirements



  • Bachelor's Degree in Accounting, Finance, Business Administration, Economics, or a related field.

  • 5 years of progressive experience in the microfinance or financial services industry, with a minimum of 3years in a leadership role.

  • Strong understanding of microfinance operations, risk management, and regulatory compliance.

  • Proven track record of successfully leading teams and driving growth in a financial institution.

  • Excellent interpersonal and communication skills, both written and verbal.

  • Strategic thinker with the ability to make data-driven decisions.

  • Demonstrated ability to manage change and navigate a dynamic environment.

  • Proficiency in utilizing technology and digital tools for business enhancement.


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