Job Summary:

• Currently, we are in search of an innovative and forward-thinking Senior Business Development Executivewho can steer our microfinance bank towards great achievements.
• As the Senior Business Development Executive, you will be responsible for the overall strategic direction, leadership, and management of the microfinance bank.
• You will drive growth and expansion, ensure operational efficiency, maintain regulatory compliance, and lead a diverse team to achieve the bank’s mission and objectives.

Key Responsibilities

• Strategic Leadership:
  • Develop and execute a comprehensive strategic plan that aligns with the bank’s vision, mission, and values.
  • Identify growth opportunities and expansion strategies to increase the bank’s market presence and impact.
• Financial Management:
  • Oversee financial performance, budgets, and forecasts, ensuring profitability and sustainable growth.
  • Implement effective risk management strategies and maintain a strong credit quality portfolio.
  • Monitor key financial indicators and take proactive measures to address any deviations.
• Operational Excellence:
  • Streamline operational processes to enhance efficiency, customer experience, and service delivery.
  • Maintain a robust internal control framework and ensure compliance with industry regulations and standards.
• Team Leadership:
  • Foster a positive and collaborative work environment, leading and inspiring a diverse team of professionals.
  • Provide coaching and professional development opportunities to ensure the team’s continuous growth.
• Customer Engagement:
  • Enhance customer relationships and ensure the bank’s products and services are aligned with customer needs.
  • Drive customer retention and satisfaction by promoting excellent service quality.
• Market Expansion:
  • Identify potential markets and segments for expansion, conducting market research and feasibility studies.
  • Develop and execute market entry strategies to successfully launch new branches or units.

Requirements

• Bachelor’s Degree in Accounting, Finance, Business Administration, Economics, or a related field.
• 5 years of progressive experience in the microfinance or financial services industry, with a minimum of 3years in a leadership role.
• Strong understanding of microfinance operations, risk management, and regulatory compliance.
• Proven track record of successfully leading teams and driving growth in a financial institution.
• Excellent interpersonal and communication skills, both written and verbal.
• Strategic thinker with the ability to make data-driven decisions.
• Demonstrated ability to manage change and navigate a dynamic environment.
• Proficiency in utilizing technology and digital tools for business enhancement.