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Business Development Officer (Loan and Savings Product)

MRM Investment Limited

Accounting, Auditing & Finance

Banking, Finance & Insurance NGN 75,000 - 150,000
New
3 weeks ago

Job Summary

The Business Development Officer will effectively develop, manage and maintain high-quality loans and savings portfolios; cross-selling the organization’s financial products and supporting the development of delivery channels and front-end technology to improve client’s access to financial services.

  • Minimum Qualification: Degree
  • Experience Level: Entry level
  • Experience Length: 1 year

Job Description/Requirements

Responsibilities:

  • Partner with the Customer Relationship Supervisor in developing weekly/monthly plans concerning client mobilization and individual performance goals.
  • Maintain a good knowledge of assigned market geographical areas and understand clients' needs with competing products.
  • Research and develop business opportunities within assigned geographical zones and assist the marketing department with market research and impact studies upon request
  • Market all MRM Products and Services to potential clients by using the promotional tools as approved by management.
  • Responsible for acquisition and management of loans and savings portfolio, loan initiation, processing, monitoring, and prompt repayment.
  • Conduct a thorough loan analysis to ascertain the customer’s payment capacity and willingness; evaluate the credit risk before Credit Committee Meetings.
  • Reduce liquidity risk by aggressively mobilizing savings daily.
  • Ensure each loan disbursed complies with MRM lending procedures, policies, and methodology.
  • Prepare and present the report as assigned by your Team Lead/ Head, BDS.
  • Compile credit files with required documentation and hand them over to back office staff for processing.
  • Any other responsibilities required by the Head, Business Development & Strategies in line with MRM policies.

Requirements:

  • Minimum of 1 year experience as a Business Development Officer
  • Bachelor's degree in any related field

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