Jobs at First Bank of Nigeria Limited

Job Description

• Identify potential partners/ users for the Bank’s Data Products & Services and work with the Team Lead to engage them to get favourable terms for proposed monetization opportunities
• Identify and qualify new market opportunities and work with the Team Lead and Unit Head to develop new product roadmaps to address their needs
• Collaborate with existing and potential partners to define new monetization routes and opportunities for growth
• Work closely with internal teams to drive development of produts/ initiatives and processes to deliver unique partnerships and monetization opportunities
• Providing input with regards to market and competitive trends that are impacting Data Products customers and those that are seen as opportunities for new business
• Identification of opportunities to acquire and grow customer relationships and increase their profitability through improved targeting, best-in-class product/services and appropriate channel strategies
• Work on the development of business proposals for the new ideas with the guidance of the Team Lead and Unit Head and follow through to ensure they are developed, approved and executed
• Design internal product flier to engender and sustain product knowledge amongst staff
• Obtain regular market intelligence and monitor trends to provide competitive edge in terms of products features, benefits and pricing
• Locate potential business deals by contacting prospective partners; discovering and exploring opportunities.
• Work with the Team Lead to create and review Service Level Agreements (SLAs) with customers, partners and vendors to ensure the bank’s interest is adequately protected in terms product/service performance, revenue generation and other internal stakeholders’ requirements such as: Audit, Operational risk management, information security, compliance etc.
• Work with product development teams on new products and current product enhancements ensuring achievement of strategic revenue objectives
• Report, track and analyze the performance of features in production and advise Team Lead and the Unit Head, Data Monetization on observed trends, gaps or issues
• Tracking of value realization and measurement of business impact of Data Monetization initiatives during/after implementations

Job Requirements
Education Experience:

• At least 1 year in a role involving reporting/data analysis and relationship management.

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Duties & Responsibilities

• Carrying out detailed business analysis; outlining problems, opportunities and proffering solutions for the Monetization business
• Gathering, validation and documentation of business requirements for monetization initiatives and communicating/reporting them back to all stakeholders
• Conduct market analyses, analyze Monetization product lines and the overall profitability of the Monetization business.
• Estimating costs, carry out revenue projections and identifying business savings
• Serving as a liaison between different stakeholders and the Data Monetization Team.
• Develop and monitor Data Products performance metrics
• Help design, document and maintain system processes
• Use data analysis and modelling to create suggestions for strategic and operational improvements and changes
• Creating functional specifications/requirements for solutions and systems
• Ensuring solutions meet business needs and requirements
• Monitoring deliverables and ensuring timely completion of projects
• Prioritizing initiatives based on business needs and requirements
• Efficiently managing competing resources and priorities
• Identifying issues, risks and benefits of existing and proposed solutions and outlining business impacts

Experience

• Minimum of 2 years in a similar (Business Analyst) role
• Proven experience in working with data, strong data analysis and interpretation skills.