• Application Deadline: Mon, 30 Sep 2024 00:00:00 GMT
• Position: Microfinance Branch Manager


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 7 - 10 years


• Location Lagos


• Job Field Sales / Marketing / Retail / Business Development 
  

Job Description

• Responsible for the implementation of strategies to attain increasing business growth and optimal profitability of the branch.


• The role requires a deep understanding of microfinance products, regulatory, community engagement, and the ability to drive sales targets and increase in market share.

Responsibilities

• Expand the branch customer base through opening of new active customer accounts and activation of inactive accounts.


• Creation of quality risk assets.


• Providing leadership to facilitate prompt repayment on due loans and keeping the Portfolio at Risk (PAR) within the guiding internal threshold.


• Maintain good oversight on Teller and CSO and uphold controls around their operations.


• Drive revenue and profitability through mobilization of low-cost deposits and minimizing running expenses.


• Safeguard the fixed assets of the branch.


• Monitor performance of marketing staff for optimal productivity.


• Champion the advocacy and migration of customers to the digital platform and other automated channels.


• Training of branch staff for optimal productivity and mastery of Credit policies, practices and regulations.


• Prepare periodic business performance reports including daily, weekly, monthly, quarterly and annual reports

Qualifications

• Minimum of B.Sc. or its equivalent in Marketing or related field.


• 7 - 10 years of cognate experience from a reputable Microfinance bank is a strong criteria.


• Evidence of completion of professional certifications in the financial sector.


• Ability to disburse Micro, SME Loans in large volumes without default.


• Experienced in repayment tracking and loan collection without a day default.


• Analytical and practical understanding of workflow, capacity planning / optimization and process implementation


• Proven experience of marketing and negotiating techniques


• Basic Financial Analysis - Ability to interpret income statement, balance sheet, cash flow statement and financial ratios.


• Extensive understanding of microfinance banking regulations