Business Development Officer at a Microfinance Banking Space - Westfield Consulting Limited

Westfield Consulting Limited - Our client in the Microfinance Banking space, is looking for qualified and passionate candidates to fill the position below:

Job Title: Business Development Officer

Location: Nigeria
Employment Type: Full-time
Industry: Financial Service

Job Purpose

• Follow through on targets set by mobilizing deposit liabilities through the different products of the bank as well as generating risk assets thereby creating revenues for the bank.
• Solicit/develop and maintain profitable long-term account relationship with customers.

Key Responsibilities

• Ensure that target set in terms of deposit liabilities, risk is met.
• Assist in the preparation of annual sales plans and strategies to enable the team to achieve targeted growth objectives.
• Prospect and market bank’s products to meet customer needs.
• Negotiate & convince customers to buy the bank’s product/services (liability, risk etc.).
• Assist in the development and update of strategic plans in-line with the current prevailing market realities.
• Manage and deepen relationships with existing and prospective customers.
• Maintain strong interdepartmental relationships with relevant departments and follow up on transaction processing to ensure customer instructions are attended to promptly and efficiently.
• Maintain adequate records of all transactions.
• Marketing of Banks product to customers
• Proper Appraisal of loan request in-line with Banks process
• Prompt packaging of customers transactions
• Ensure compliance with AML/CFT guidelines
• Effective Management of loan Portfolios
• Relationship Management & collection of monthly repayments
• Recovery of delinquent loans
• Prompt processing of liquidation of facilities and rollovers.
• Generation of monthly/periodic reports
• Ensure effective relationship management with new and existing customers to improve deposit liability growth and mix.

Requirements

• Minimum of a First Degree
• Minimum of 2 years in a Financial Institution environment
• Knowledge of financial service channels.arket/y
• Knowledge of customer needs across different segments such as income, geography, culture, demography and markets (Market segmentation and analysis).
• Knowledge of the money markets.
• Knowledge of micro and macro economics
• Knowledge of financial markets analysis.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their current CV to: victor.allu@westfield-consulting.com using the job title as the subject of the mail.

Note: Only shortlisted candidates will be contacted.