Business Development Officer

1 month ago

Lagos, Nigeria Estrada International Staffing Solutions Full time

Job Description

  • We are looking for a dynamic and results-driven Business Development Officer BDO to join our team.
  • The Business Development Officer BDO plays a crucial role in implementing and executing the sales strategy to drive the organization's SME loan portfolio.
  • The ideal candidate must demonstrate a strong track record of meeting or exceeding revenue generation targets, particularly in retail loans.
  • They should possess impeccable character and integrity, along with extensive experience in the Nigerian microfinance sector. The candidate must have hands-on expertise in liquidity management, debt collection, loan recovery, and SME loan disbursement.

Sales Strategy Implementation:

  • Execute the organization's sales strategy to drive the SME loan portfolio, aligning efforts with overall business objectives.
  • Develop and implement effective sales tactics and techniques to attract SME clients and achieve revenue targets.

Revenue Generation:

  • Actively prospect and acquire new SME clients, building a robust pipeline of potential borrowers.
  • Drive revenue growth by effectively promoting and selling loan products to SMEs, leveraging market insights and customer needs analysis.

Relationship Management:

  • Cultivate strong relationships with SME clients, providing personalized support and guidance throughout the loan application process.
  • Serve as a trusted advisor to clients, offering financial advice and solutions tailored to their specific business needs.

Credit Assessment and Risk Management:

  • Conduct thorough credit assessments of SME loan applicants, evaluating their creditworthiness and risk profile.
  • Mitigate credit risks by adhering to established underwriting criteria and conducting comprehensive due diligence on prospective borrowers.

Liquidity Management and Loan Disbursement:

  • Manage liquidity effectively to ensure timely disbursement of SME loans, maintaining optimal cash flow and liquidity levels.
  • Facilitate the smooth and efficient processing of loan applications, coordinating with internal departments to expedite loan approvals and disbursements.

Debt Collection and Loan Recovery:

  • Implement proactive debt collection strategies to minimize delinquency and achieve timely loan repayments.
  • Work closely with borrowers to develop repayment plans and negotiate settlements, ensuring prompt resolution of overdue accounts.

Compliance and Regulatory Adherence:

  • Ensure compliance with all relevant regulatory requirements, internal policies, and industry best practices in microfinance operations.
  • Stay abreast of regulatory updates and changes, implementing necessary adjustments to ensure ongoing compliance.

Job Requirements

  • Bachelor's Degree in Business Administration, Finance, Economics, or related field.
  • Proven track record of success in sales and revenue generation, particularly in the microfinance sector.
  • Strong understanding of SME lending principles, liquidity management, debt collection, and loan recovery.
  • Excellent communication, negotiation, and relationship-building skills.
  • Ability to thrive in a dynamic, target-driven environment, with a passion for driving business growth.
  • Demonstrated integrity, professionalism, and commitment to ethical business practices.

  • Business Development Assistant

    2 weeks ago

    Lagos, Nigeria The Business School Full time

    An ideal candidate is a self driven individual who passionate about contributing to the company's growth by identifying and nurturing potential leads and customers. This role provides valuable experience in sales and market research and offers opportunities for career advancement within the organization. Roles & Responsibilities 1. Identify and qualify...

  • Business Development Officer

    3 weeks ago

    VI Lagos, Nigeria Sambus Geospatial Nig Ltd Full time

    The Business Development & Channels officer (BD&C officer) is responsible for identifying new business opportunities, marketing and promoting the company’s brand and building high levels of engagement with the company’s customers and stakeholders. The BD&C officer must identify and generate new business opportunities that contribute to the company...

  • Business Development Officer

    3 weeks ago

    Lagos, Lagos, Nigeria Estrada International Staffing Solutions Full time

    ABOUT THE COMPANYEstrada International Staffing Solutions is a strategic boutique specialist recruitment consulting firm, serving clients with expertise recruitment services across all sectors ranging from Banking, Insurance, Oil and Gas, Telecommunications, FMCGs and Construction, with the aim of satisfying their recruitment needs.JOB SUMMARYJob...

  • Business Development Officer

    2 weeks ago

    Lagos, Nigeria Kiyix Vacancy Full time

    ABOUT THE COMPANYWELCOME TO KIYIX VACANCY where Jobs are created for unemployed graduates and Businesses are made more profitable for Nigerian business owner At KIYIX VACANCY, we work with Business owners to create jobs for unemployed graduates and we prepare unemployed Nigerian graduates to make businesses more profitable when business owners employ...

  • Business Development Officer

    2 weeks ago

    Lagos, Lagos, Nigeria Kiyix Vacancy Full time

    ABOUT THE COMPANYWELCOME TO KIYIX VACANCYwhere Jobs are created for unemployed graduates and Businesses are made more profitable for Nigerian business ownerAt KIYIX VACANCY, we work with Business owners to create jobs for unemployed graduates and we prepare unemployed Nigerian graduates to make businesses more profitable when business owners employ themJOB...

  • Business Development Officer

    1 week ago

    Lagos, Nigeria City Sports Group Limited Full time

    ABOUT THE COMPANYBachelor Degree in Business Administration and any other related field 3+ years proven experience as an executive assistant and other relevant administrative support experience. Ability to drive and possess a valid driver's license is an added advantage. Strong time-management skills and the ability to organize and coordinate multiple...

  • Business Development Officer

    4 weeks ago

    Lagos, Nigeria HRD solutions Full time

    Job Description: As a Business Development Officer, you will be instrumental in driving growth and expanding our reach within the small and medium-sized enterprise (SME) market. Your primary focus will be on identifying new business opportunities, building strategic partnerships, and nurturing client relationships to facilitate the growth of our SME lending...

  • Business Development Officer

    1 week ago

    Lagos, Lagos, Nigeria City Sports Group Limited Full time

    ABOUT THE COMPANYBachelor Degree in Business Administration and any other related field3+ years proven experience as an executive assistant and other relevant administrative support experience.Ability to drive and possess a valid driver's license is an added advantage.Strong time-management skills and the ability to organize and coordinate multiple projects...

  • Business Development Officer

    4 weeks ago

    Lagos, Lagos, Nigeria County Finance Limited Full time

    PRIMARY GOAL:To drive growth and expansion opportunities for the company by identifying, pursuing, and capitalizing on new opportunities to increase revenue, market share, and profitability.RESPONSIBILITIES:· Conducting market research to identify potential business opportunities, market trends, and competitive landscapes.Analyzing data to develop insights...

  • Business Development

    5 days ago

    Lagos, Lagos, Nigeria Beginner Base Full time

    Description We are looking for an innovative Business Development Officer with a Bachelor's degree or HND in Marketing or Business Administration. Ideal candidate possesses strong administrative experience and an understanding of marketing fundamentals.Key ResponsibilitiesStrategize and implement methods to improve business growth.Overseeing the relationship...

  • Business Development

    6 days ago

    Lagos, Nigeria Beginner Base Full time

    Description We are looking for an innovative Business Development Officer with a Bachelor's degree or HND in Marketing or Business Administration. Ideal candidate possesses strong administrative experience and an understanding of marketing fundamentals.Key ResponsibilitiesStrategize and implement methods to improve business growth.Overseeing the...

  • Business Developer

    2 weeks ago

    Lagos, Nigeria Bureau Veritas Full time

    ABOUT THE COMPANYBureau Veritas is a recognized world leader in testing, inspection and certification services (TIC). Since 1828, Bureau Veritas has been providing its customers with high value-added services. Our objective: to help you meet the growing challenges of quality, safety, social responsibility and sustainable development.Bureau Veritas is a...

  • Business Developer

    2 weeks ago

    Lagos, Lagos, Nigeria Bureau Veritas Full time

    ABOUT THE COMPANYBureau Veritas is a recognized world leader in testing, inspection and certification services (TIC).Since 1828, Bureau Veritas has been providing its customers with high value-added services. Our objective: to help you meet the growing challenges of quality, safety, social responsibility and sustainable development.Bureau Veritas is a...

  • Business Development Officer

    3 weeks ago

    Lagos, Lagos, Nigeria Huko Advisory services Full time

    Roles / ResponsibilitiesDevelop and implement comprehensive business development plans to achieve company goals and objectives.Front the acquisition of new business ventures through effective networking , relationship building and sales initiatives.Nurture and maintain relationships with existing clients to ensure satisfaction and identity upselling...

  • Business Development Lead

    3 days ago

    Lagos, Lagos, Nigeria The People Practice Full time

    Our client is looking to hire a Business Development Lead who will be responsible for identifying, securing, and managing profitable business opportunities for the organization. The ideal candidate will develop and implement strategic business development plans, drive revenue growth and promote sustainable profits and business expansion.Key Responsibilities...

  • Business Development Lead

    3 days ago

    Lagos, Nigeria The People Practice Full time

    Our client is looking to hire a Business Development Lead who will be responsible for identifying, securing, and managing profitable business opportunities for the organization. The ideal candidate will develop and implement strategic business development plans, drive revenue growth and promote sustainable profits and business expansion.Key Responsibilities...

  • Business Development Officer

    3 weeks ago

    Lagos, Lagos, Nigeria Polaris Digitech Limited Full time

    Job Responsibilities :Drive sales by sourcing for new clients and convincing the exisiting clients to make additional purchase Lead generation and prospect management Develop proposals for prospective clients Research, plan and implement new market initiaives Requirements :Must have a first degree in GIS i.e Survey, Geoinformatics Engineering or related...

  • Business Development Lead

    3 weeks ago

    Lagos, Lagos, Nigeria The People Practice Full time

    ABOUT THE COMPANYWHY WE EXIST​Startup founders and CEOs are faced with many challenges from the time they launch; from funding to having a unique product or service, and to having an eager and existing market, amongst others.​Having the right people on the team can: Help mitigate these challengesHelp companies gain traction quickerWHAT WE DO Recruitment...

  • Business Development Officer

    7 days ago

    Lagos, Nigeria Cemex Portals Full time

    ABOUT THE COMPANYWe are a full service Construction firm that deals in Architectural Design, Structural Design, Interior Design, and Project Management based in Lagos, Nigeria. We have an outstanding portfolio of commercial and private projects. We excel as an innovative, creative and people oriented organization providing individual opportunity, personal...

  • Business Development Officer

    7 days ago

    Lagos, Lagos, Nigeria Cemex Portals Full time

    ABOUT THE COMPANYWe are a full service Construction firm that deals in Architectural Design, Structural Design, Interior Design, and Project Management based in Lagos, Nigeria. We have an outstanding portfolio of commercial and private projects. We excel as an innovative, creative and people oriented organization providing individual opportunity, personal...