Business Development Team Lead

PECAN TRUST

Apply for this job   

Share this job:


A firm in the Financial sector seeks qualified candidates to fill this role

 

Job Summary

  • The Business Development Team Lead is responsible for facilitating delivery of the bank’s strategic plan by ensuring that business plans are fully aligned and implemented. He conducts research & development activities, identifies opportunities to develop new business lines and contributes to the development of the bank's growth via the development and implementation of new and existing credit and deposit products that maximize these opportunities.

 

  • He provides the necessary support to the Network with ensuring that products adequately answer the target market needs, that the processes and procedures are adequate and efficient at all times. To achieve this, he must have constant feedback both from market, from the Correspondent Bank(s) and from other departments.

 

Specific Duties & Responsibilities

  • Develop specific plans to ensure revenue growth and targets
  • Improve on organization's market position and achieve financial growth
  • Build new customer relationships, identify business opportunities, negotiate and close business deals
  • Use strong negotiation skills to develop solutions and overcome impasses in straightforward and complex transactions
  • Identify early warning signals for credit loans given and where necessary, formulate and implement intervention strategies for work-outs, restructuring or rescheduling
  • Ensure that loans are appropriately created on the bank’s system - BankOne with the approved interest rates
  • Ensure zero tolerance to loan default
  • Immediate booking and monitoring of loans and deposits after checking and verifying the necessary documentation and gaining approval
  • Issue daily and weekly progress report to Management
  • Conduct market researches and analysis to understand implications and identify new product/business development opportunities in line with the bank’s strategy
  • Facilitate the development of policies and processes to support implementation of new products within the bank
  • Perform other duties as delegated

 

Key Performance Indicators

  • Follow strictly and apply the Bank’s Operational Procedures and processes
  • Ensure that loans are paid back within the stipulated time frame
  • Ensure zero loan default
  • Confirm the accuracy of customer details and all supporting documents before the disbursement of loans
  • Ensure the growth of deposits
  • Use relationship management strategies to retain customer deposits
  • Ensure the target of new accounts to be opened every week is met
  • Guarantee Turn-around time for disbursement of loans is met
  • Ensure that the financial target (savings, deposit and loans) set for the given period is met
  • Daily and weekly submission of all assigned reports
  • Ensure there is no loss of existing customers

 

 

Knowledge and Skills:

  • Business Development skills
  • Strong Financial Reporting skills
  • Analytical and Research minded skills
  • Excellent knowledge of Microsoft Office skills
  • Excellent organizational, administrative, and time management skills
  • Creativity and Innovation
  • Strong Interpersonal Relations
  • Team playing skills
  • Good Oral and Written Communication
  • Excellent Negotiation skills

Summary

Company

PECAN TRUST

Job Level

Experienced (Non-Manager)

Location

Lagos

Specialization

Banking / Finance / Insurance

Job Type

Full-Time

Minimum Qualification

Degree

Preferred Years of Experience

1 - 3 years

Application Deadline

Friday