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  • Posted: Dec 4, 2023
    Deadline: Not specified
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    We aim to economically empower micro-entrepreneurs and low-income earners by providing financial services in a sustainable, ethical, and profitable manner.
    Read more about this company


    Head Business Development

    Job Description

    Market Penetration:

    • Develop and implement strategies to penetrate new markets and increase market share.
    • Monitor competitors and adjust strategies as needed.
    • Develop new business opportunities by generating Deposit Liabilities and Fund Mobilization within the MSME and retail market.

    Client Acquisition and Relationship Management:

    • Lead efforts to acquire new clients and expand the customer base.

    Negotiation and Deal Closing

    • Lead negotiations with clients, partners, and stakeholders to secure favorable deals.
    • Ensure contracts are effectively managed and executed.
    • Identify, develop, and cultivate relationships with customers within the retail and MSME segment that need loans and advances to support their business.
    • Initiate the development, launching, and sales of new product offerings.

    Sales and Revenue Generation:

    • Set sales targets and lead the business team to achieve revenue goals.
    • Develop and implement sales strategies to maximize profitability.

    Performance Monitoring and Reporting:

    • Monitor key performance indicators (KPIs) to measure the success of business development efforts.
    • Prepare regular reports for Management on progress and achievements.

    Team Leadership and Development:

    • Lead and manage the business development team, providing guidance and mentorship.
    • Conduct regular training and skill development programs for team members.

    Compliance and Risk Management:

    • Ensure business development activities comply with industry regulations and internal policies.
    • Mitigate risks associated with business expansion and client relationships.

    Networking and Industry Engagement:

    • Represent the institution at industry events, conferences, and seminars to enhance brand visibility.
    • Build a strong network of contacts within the financial industry.

    Method of Application

    Interested and qualified candidates should send their CV to: using the Job Title as the subject of the mail.

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