Senior Business Development Executive

4 weeks ago


Lagos, Lagos, Nigeria Prodigy Microfinance Bank Full time

Job Summary:

  • Currently, we are in search of an innovative and forward-thinking Senior Business Development Executivewho can steer our microfinance bank towards great achievements.
  • As the Senior Business Development Executive, you will be responsible for the overall strategic direction, leadership, and management of the microfinance bank.
  • You will drive growth and expansion, ensure operational efficiency, maintain regulatory compliance, and lead a diverse team to achieve the bank's mission and objectives.

Key Responsibilities

  • Strategic Leadership:
    • Develop and execute a comprehensive strategic plan that aligns with the bank's vision, mission, and values.
    • Identify growth opportunities and expansion strategies to increase the bank's market presence and impact.
  • Financial Management:
    • Oversee financial performance, budgets, and forecasts, ensuring profitability and sustainable growth.
    • Implement effective risk management strategies and maintain a strong credit quality portfolio.
    • Monitor key financial indicators and take proactive measures to address any deviations.
  • Operational Excellence:
    • Streamline operational processes to enhance efficiency, customer experience, and service delivery.
    • Maintain a robust internal control framework and ensure compliance with industry regulations and standards.
  • Team Leadership:
    • Foster a positive and collaborative work environment, leading and inspiring a diverse team of professionals.
    • Provide coaching and professional development opportunities to ensure the team's continuous growth.
  • Customer Engagement:
    • Enhance customer relationships and ensure the bank's products and services are aligned with customer needs.
    • Drive customer retention and satisfaction by promoting excellent service quality.
  • Market Expansion:
    • Identify potential markets and segments for expansion, conducting market research and feasibility studies.
    • Develop and execute market entry strategies to successfully launch new branches or units.

Requirements

  • Bachelor's Degree in Accounting, Finance, Business Administration, Economics, or a related field.
  • 5 years of progressive experience in the microfinance or financial services industry, with a minimum of 3years in a leadership role.
  • Strong understanding of microfinance operations, risk management, and regulatory compliance.
  • Proven track record of successfully leading teams and driving growth in a financial institution.
  • Excellent interpersonal and communication skills, both written and verbal.
  • Strategic thinker with the ability to make data-driven decisions.
  • Demonstrated ability to manage change and navigate a dynamic environment.
  • Proficiency in utilizing technology and digital tools for business enhancement.


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