Business Development Manager

About the Role

Voedsel Capital Limited is seeking a dedicated Business Development Manager to join our team in Lagos, Nigeria. In this role, you will drive high-impact sales initiatives, manage credit assessments, and support clients with comprehensive financial solutions.

Key Responsibilities

• Lead high-impact sales activities by identifying prospective clients, offering loans and financial solutions, and achieving monthly loan disbursement and Proof of Funds targets
• Conduct credit assessments and prepare appraisal reports according to prescribed guidelines, including desk reviews and onsite due diligence
• Make credit recommendations to the Credit & Business Development Manager
• Analyze financial data to assess creditworthiness and maintain comprehensive documentation of all credit cases for approval
• Capture Know Your Customer (KYC) data and financial information into the institutional credit management system
• Undertake portfolio management to identify default triggers, assess loan penalties, and implement measures to mitigate portfolio risk
• Initiate collection mechanisms and business recovery processes according to organizational policy
• Provide financial advice to clients to support their business and credit needs
• Prepare credit facility offer letters outlining terms, conditions, and covenants for managerial review
• Identify and document innovative approaches to improve business processes within the Credit and Business Development Department
• Collaborate with cross-functional teams to develop proposals and effective market strategies
• Perform additional duties as assigned by your line manager

Required Qualifications

• Bachelor's degree in Business, Economics, Finance, Accounting, or equivalent field
• 4–5 years of professional experience in banking, finance, or investment sector
• Previous experience as a Credit Officer or direct sales agent with strong knowledge of small business financing
• Proven track record of achieving sales and revenue targets
• Completion of National Youth Service Corps (NYSC)

Required Skills

• Excellent communication and presentation skills
• Outstanding reporting and documentation abilities
• Proficiency in Microsoft Office Applications (Word, Excel, and similar tools)
• Strong financial analysis capabilities