Transkredit was birthed to address a gap in financial inclusion, in line with the Maya Declaration; a global initiative for responsible and sustainable financial inclusion that aims to reduce poverty and ensure financial stability for the benefit of all.
We are recruiting to fill the position below:
Job Position: Business Development Officer
Job Location: Abuja (FCT)
Employment Type: Full-time
Summary
- As a Team Member, you will work to improve the organization’s market position and achieve financial growth.
- You are expected effectively manage your team to meet and surpass targets in addition to defining long-term organizational strategic goals, build key customer relationships, identify business, opportunities.
- You are expected to exhibit pristine knowledge of the finance and investment industry.
Roles & Responsibiliies
- Business Development and Client Retention
- Identify, develop, and cultivate relationships with customers within the hospitality and multilaterals segment that needs loans and advances to support their business.
- Effectively manage assigned team to meet and surpass targets.
- Manage existing clients’ portfolio as well as develop new business opportunities by generating risk assets within the Multilaterals and hospitality market.
- Leverage the company’s existing relationship by developing and executing proactive, creative and on-going contact initiatives.
- Prepare sales pitches, presentations and other documents required for client’s engagements.
- Assist in the development, launching and sales of new product offering.
- Act as liaison between the company and existing/prospective clients.
- Responsible for ensuring the coordination, execution and monitoring of an extension of credit through the approval to maturity including the following Serving as the primary interface with the client.
- Ensuring a complete, accurate and balanced assessment of risk in the credit approval presentation
- Coordinating the approval process? managing information flow and ensuring that the credit follows the stated approval process for the facility limit.
- Ensuring that clear communication between the company and the client is maintained, and that the internal approvals are consistent with client expectations.
- Ensuring compliance with related policies, especially the credit policy
- Ensuring that the approval documentation is complete.
- Ensuring that the legal documentation is complete, consistent with the internal approvals and properly executed and filed.
- Ensuring quality and timely service delivery, within (or exceeding) customer expectations.
- Monitor industry trends and obtain necessary intelligence to be used as input for new product development
- Proactively manage client’s relationships and monitor the delivery of product/ service proposition to clients.
- Drive engagements and close sales of loan products with hospitality and multilaterals’ customers.
- Monitoring and recovering of PDO’s /Expired loans.
- Ensure that collaterals- properties, equipment and inventories hold by the organization are properly insured.
- Prompt identification of unauthorized balances and follow up with customer on early warning and remedial action on newly created PDOs.
- Maintaining accurate, up-to-date customer account information.
- Negotiations/meetings with customers who want loan work out options such as refinancing, rescheduling and restructuring.
- Prepare call memos and progress reports on negotiations with debtors in respect of repayment of indebtedness.
- Follow up on release of security documents for loans which have been fully repaid
- Give priority attention to regularize outstanding legal and documentation issues on assigned portfolio.
- Investment mobilization.
- Business Development Planning and Attend industry functions, such as association events and conferences, and provide feedback and information on market and creative trends.
- Identify opportunities for campaigns, services, and distribution channels that will lead to an increase in sales.
- Using knowledge of the market and competitors, identify and develop the company’s unique selling propositions and differentiators.
- Manage records of new clients established, investments, risk assets and other important.
Technical Skills:
- In-depth knowledge and understanding of the principles of product development, brand management and business intelligence.
- Working knowledge of the leading products and services available in the global market
- Deep knowledge of the marketing terrain in Nigeria
- Expert knowledge of Transkredit’s products and services.
- Good knowledge of the micro finance industry regulatory guidelines and the provisions of the license.
Soft Skills:
- Excellent communication (written and oral), interpersonal and negotiation skills
- High level of attention to detail
- Excellent project management skills
- Strong leadership, supervisory and people management skills
- High proficiency in the use of all MS Office tool
Method of Application
Interested and qualified candidates should send their CV to: recruitment@transkreditfinance.com using the Job Position as the subject of the email.