Liability Generation Officer (M/F) at Alert Group

Alert Group consist of two subsidiaries: Alert microfinance bank (MFB): Profitable deposit-taking MFB operating In Lagos focused on micro enterprise lending. and Auto bucks: Non-deposit taking MFI focused on SME lending launching in March 2023. Expected to break-even within 6 months of operations. Alert Group Limited is growing, and we need a leader who can guide the financial systems that empower us.

We are recruiting to fill the position below:

Job Title: Liability Generation Officer (M/F)

Location: Lagos
Employment Type: Full-time

Job Summary

• We are seeking a skilled and experienced Liability Generation Officer to join our microfinance bank. As a Liability Generation Officer, you will be responsible for managing and growing our deposit base, ensuring effective asset management, and driving customer acquisition.
• The ideal candidate should have a minimum of 2 years of relevant experience in liability generation within the financial services industry, with a strong focus on asset management. This is a full-time position that requires a hands-on approach to effectively generate liabilities for the bank.

Responsibilities

• Develop and implement strategies to generate and grow the deposit base of the microfinance bank.
• Identify potential customers and target markets to effectively promote deposit products and services.
• Build and maintain relationships with existing and potential clients to maximize deposit acquisition.
• Provide information and guidance to customers regarding the features and benefits of deposit products and services.
• Conduct market research and analysis to identify opportunities for deposit growth and competitive positioning.
• Conduct market research and analysis to identify opportunities for deposit growth and competitive positioning.
• Collaborate with cross-functional teams, such as marketing and operations, to develop effective marketing Develop and maintain a strong network of referral sources, such as business partners and community organizations, to generate leads and expand customer base.
• Stay updated with industry trends and market conditions related to deposit products and services.
• Provide training and support to internal teams to ensure effective promotion and sales of deposit products.
• Prepare reports and presentations on deposit generation activities, performance, and progress towards targets.

Qualifications and Skills

• Bachelor's Degree in Business Administration, Finance, Marketing, or a related field.
• Minimum of 2 years of experience in liability generation within the financial services industry.
• Strong knowledge of asset management principles and practices.
• Proven track record in successfully generating liabilities and growing deposit accounts.
• Excellent interpersonal and communication skills to build and maintain client relationships.
• Strong negotiation and sales skills to effectively promote deposit products and services.
• Analytical and problem-solving skills to identify opportunities and develop strategies for deposit growth.
• Ability to work independently and in a team-oriented environment.
• Proficiency in MS Office applications, particularly Excel and PowerPoint.
• Familiarity with regulatory requirements and compliance related to deposit products and services.

Application Closing Date
5th February, 2024.