Business Development Officer at Norrenberger Financial Group

    Full-Time
    Abuja FCT
    Posted 7 months ago

    Job Description
    To build and deepen relationships with existing and potential clients by selling product/services of the company, particularly loans, to retail and MSME customers.

    Duties and Responsibilities

    • Grow the existing risk asset portfolio in line with the company’s strategy
    • Identify, develop and cultivate relationships with customers within the retail and MSME segment that are in need of loans and advances to support their business
    • Manage existing clients’ portfolio as well as develop new business opportunities by generating risk assets within the MSME and retail 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 retail and MSME customers.
    • Monitoring and Recovering of PDO’s /Expired loans.
    • Ensure that collateral- 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.
    • Staff training internally and externally as may be required
    • Carry out such other duties that may be delegated to it by Head Of Unit

    Job Qualification

    • Bachelor’s degree with 5 – 10 years work experience.

    Method of Application

    Interested and qualified candidates should send their CV and Cover letters to:¬†[email protected]¬†using the “Job Title” as the subject of the email.

    Job Features

    Experience

    5 - 10 years

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