Jobs

Business Development Officer at Transkredit Finance Company

  • Job Type Full Time
  • Qualification BA/BSc/HND , MBA/MSc/MA
  • Experience 5 – 10 years
  • Location Lagos
  • Job Field Sales / Marketing / Retail / Business Development&nbsp

Business Development Officer at Transkredit Finance Company

Business Development Officer

Responsibilty 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 / Responsibilities

  • Business Development and Client Retention
  • Identify, develop and cultivate relationships with customers within the hospitality and
  • multilaterals segment that need 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, creativeand 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, Attend industry functions, such as association events and conferences, and provide feedback
  • and information on market and creative trends. o Identify opportunities for campaigns, services, and distribution channels that will lead to an increase in sales. o 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 data.

Requirements

  • Candidates should possess a Bachelor’s Degree / Master’s Degree with 5-10 years work experience.

Method of Application

Interested and qualified candidates should send their CV to: recruitment@transkreditfinance.com using the Job Title as the subject of the email.

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