Business Development Executive

Stateside Microfinance Bank | Lagos, Nigeria

Full-Time Posted 2 weeks ago 41 views

About the Role

Stateside Microfinance Bank Ltd, licensed by the Central Bank of Nigeria (CBN) and insured by the NDIC, is seeking a dynamic and results-driven Business Development Executive. In this role, you will be instrumental in expanding our client base, increasing deposit mobilization, and promoting our comprehensive suite of credit, investment, and payment solutions to individuals and SMEs across Nigeria.

Key Responsibilities
  • Develop and execute strategic plans to acquire new individual and corporate customers.
  • Drive aggressive deposit mobilization initiatives to meet and exceed organizational targets.
  • Identify, evaluate, and pursue new business opportunities to increase market share and revenue.
  • Build and maintain lasting client relationships by providing exceptional financial advisory and customer service.
  • Promote the Bank's diverse financial products, including savings accounts, high-yield investments, and loan offerings.
  • Conduct market research to analyze competitor activities, emerging trends, and customer needs.
  • Collaborate cross-functionally to ensure seamless service delivery and high retention rates.
  • Prepare and present accurate periodic sales and business development reports to management.
Qualifications
  • Bachelor's Degree in Marketing, Business Administration, Finance, or a related field.
  • 4 to 5 years of proven experience in sales, marketing, or business development within the financial services sector.
  • Strong negotiation, persuasion, and relationship management competencies.
  • Exceptional verbal and written communication skills with strong interpersonal abilities.
  • Comprehensive understanding of banking products, particularly loans, savings, and deposit mobilization strategies.
  • Target-driven mindset with a self-motivated, proactive approach to achieving business growth.
Benefits
  • Competitive salary with attractive performance-based commissions and bonuses.
  • Comprehensive health insurance and medical benefits.
  • Opportunities for continuous professional development and career advancement.
  • Dynamic and collaborative work environment focused on social impact.

Skills

Business Development Deposit Mobilization Sales and Marketing Relationship Management Financial Services Negotiation

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