Business Development Officer at Ultraviolet Microfinance Bank

About the Role

A reputable organization seeks a dedicated individual to drive business development and lead revenue growth initiatives across the bank's operations.

Key Responsibilities

• Develop and implement business development strategies aligned with the Bank's goals
• Identify new market opportunities, products, and partnerships
• Drive deposit mobilization and loan portfolio growth across branches and channels
• Monitor market trends, competitors, and customer needs
• Set sales targets and KPIs for Relationship Officers and Marketing staff
• Lead, coach, and supervise business development and marketing teams
• Plan and execute marketing campaigns and promotional activities
• Ensure effective cross-selling of the Bank's products and services
• Oversee loan sourcing and ensure quality loan origination
• Review and recommend loan proposals in line with the Bank's credit policy
• Monitor portfolio performance, including PAR and NPL ratios
• Support recovery efforts on delinquent accounts
• Manage key accounts and high-value relationships
• Build strategic relationships with individuals, SMEs, associations, and cooperatives
• Ensure excellent customer experience and retention

Compliance and Risk Management

• Ensure all business development activities comply with CBN regulations and internal policies
• Promote strong KYC, AML/CFT, and customer due diligence practices
• Identify and mitigate business and credit risks

Location

Lagos, Nigeria