Business Development Officer at Lovonus Microfinance Bank

Lovonus Microfinance Bank is licensed by the Central Bank of Nigeria under the Bank & Other Financial Institution Act (BOFIA) of 1991 (as amended) and the National Microfinance Regulatory and Supervisory Framework of December 2009.

We are recruiting to fill the position below:

Job Title: Business Development Officer

Location: Lagos
Reports To: Head of Business Development 

Job Summary

• We are looking for a results-driven and customer-oriented Business Development Officer to join our team.
• In this role, you will be responsible for driving the bank's growth by identifying new business opportunities, mobilizing deposits, marketing loan products, and managing client relationships.
• The ideal candidate possesses excellent communication skills, a strong network, and a passion for financial inclusion and sales.

Key Responsibilities

• Client Acquisition & Marketing: Source for new individual and corporate clients to actively market the bank’s deposit and loan products.
• Deposit Mobilization: Meet and exceed set monthly targets for deposit mobilization and account opening.
• Loan Portfolio Management: Evaluate loan applications, conduct thorough credit appraisals/site visits, and ensure high-quality loan disbursement.
• Relationship Management: Maintain excellent relationships with existing clients to ensure customer retention, repeat business, and referrals.
• Recovery & Monitoring: Monitor loan repayment schedules and follow up with clients to ensure zero tolerance for default and maintain a healthy Portfolio at Risk (PAR).
• Market Intelligence: Keep track of market trends, competitor activities, and customer feedback to suggest product improvements.

Requirements & Qualifications

• Education: B.Sc. or HND in Marketing, Business Administration, Banking and Finance, or any related field.
• Experience: 2–4 years of active experience in marketing or business development within a Microfinance Bank or commercial bank.
• Proven track record of meeting and exceeding sales/mobilization targets.

Skills:

• Strong marketing, negotiation, and persuasion skills.
• Good understanding of micro-lending and credit risk assessment.
• Excellent communication and interpersonal skills.
• Proficiency in basic computer applications (MS Word, Excel).

Personal Attributes:

• Target-driven, self-motivated, honest, and able to work under pressure with minimal supervision.

Salary
N200,000 - N300,000 / month.

Application Closing Date
12th May, 2026.

Method of Application
Interested and qualified candidates should forward their CV to: hr@lovonusmfb.com using the position as the subject of the email.