GTI Microfinance Limited Available Job Opportunity – Apply Now!
2022-06-21
Lagos
GTI Microfinance Limited was incorporated in August 2007 as a limited liability company and started its operations in 2008 at No. 127 Obafemi Awolowo Road, Ikeja. In October 2013, it was licensed as a State-Wide Microfinance Bank and moved its Head Office to No. 4 Tinubu Street, Central Business District, Marina Lagos. Other branches are located at Mushin, Abattoir in Agege, Surulere. We are recruiting to fill the position below:
Job Title: Business Development Manager
Location: Lagos
Employment Type: Full-time
Responsibilities:
Business Direction, Performance & General Management:
- Grow business and profitability in the Bank through strategic planning, budgeting, forecasting, implementation and monitoring.
- Oversee all business and financial operations in the Bank, including business development, risk asset creation, loan monitoring and repayments as well as P&L management.
- Focus on continued value creation to customers and constantly gauge customers’ experience through their feedbacks.
- Provide leadership in driving client acquisition, retention and building healthy loan portfolios whilst also ensuring compliance with the related policies and regulations.
- Drive advocacy and migration of customers to the digital platform and other automated channels.
- Drive increased penetration in public sector lending.
- Safeguard fixed assets at the branches and divisions within the Bank and ensure good ambience of the operating environment.
- Develop and implement growth strategies, identify new business opportunities and drive actualization.
- Appraise effectiveness of processes and systems in use and recommend changes/actions or automation initiatives for improvement.
- Make recommendation for review and updates into the bank’s credit policies as necessary.
- Render timely report to regulatory bodies (CBN, NDIC, etc) when required.
- Benchmark productivity of the Bank against industry standards and institute measures to close identified gaps for competitive performance.
- Attend Management Credit Committee, Strategic Business Unit (SBU) and Management Meetings.
- Attain top ratings in audit of the branches and divisions within the ank.
- Issue monthly performance and profitability report on the Bank vis-à-vis the budgets.
Branch Management:
- Drive expansion in customer base through opening of new active customer accounts and activation of inactive accounts at branches.
- Monitor and drive creation of quality risk assets at the branches in line with budgets.
- Periodic review of performance of branches along Risk Asset Creation, Loan Repayment and Portfolio At Risk (PAR).
- Monitor performance of marketing staff for optimal productivity.
Loan Processing (Booking):
- Ensure quality evaluation and reviewing of clients’ credit proposals for approval decision whilst also maintaining a good balance between returns and risks.
- Proper documentation and booking of loans in line with the credit policy and approved terms and conditions.
- Collaborating with branches to achieve budgets on risk assets creation.
- Render timely report to regulatory bodies (CBN, NDIC, etc) when required.
- Follow up with IT Unit to ensure prompt and accurate monthly update of loans on the Credit Bureau and CRMS portal.
Business Development Management:
- Provide leadership in implementing business development plans to improve mobilization and retention of deposit, achieve set targets and manage withdrawal attrition.
- Innovate and develop attractive value-added deposit products together with the Marketing Department to achieve the overall deposit targets.
People Management / Leadership:
- Mentor and develop staff using a supportive and collaborative approach by setting clear objectives, establishing priorities as well as monitoring and evaluating their performance.
- Build capacity of staff in the Bank through quality training for optimal productivity and mastery of Credit policies, practices, and regulations amongst others.
- Entrench practices that promote the bank’s vision and encourage a culture of excellence, high performance and continuous improvement.
- Ensure efficient and productive engagement of resources in the Bank.
- Create an ecosystem of partnerships and collaboration within the Bank and other functional teams.
- Any other task that may be assigned by the Management.
Requirements:
- Candidates should possess a Bachelor’s Degree with at least 8 years relevant work experience.
To Apply:
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.
Application Deadline: 31st August, 2022.
