Business Manager – Commercial Banking (Ado-Ekiti) at First Bank

Job Title: Business Manager – Commercial Banking (Ado-Ekiti)
Location: Nigeria
Job Type: Full-time
Application Deadline: 08/28/2024, 10:59 AM

First Bank

Job Description

Duties & Responsibilities:

• Provide strategic leadership and direction in the execution of the team’s functions and activities.
• Optimally manage and deepen relationships with new and existing customers in the target market.
• Coordinate the overall marketing activities of the Relationship Managers (RMs) within the team, ensuring a significant increase in market share among new and existing customers.
• Drive deliberate growth of the team’s trade transaction volumes, including Form M, Letters of Credit, and Bills for Collection.
• Develop budgets and goals for the team, ensuring that budgets are met and resources are managed for profitability.
• Identify new business opportunities and formulate strategies for retaining and winning new accounts.
• Structure deals and collaborate with co-lenders in syndication arrangements.
• Periodically review and evaluate the performance of the team, ensuring corrective actions to achieve the Group’s strategy and annual plans.
• Drive trade-related transactions for the bank (FX business).
• Provide support in structuring credits in line with business potentials.

Education:

• Minimum of a First Degree or its equivalent in any discipline, preferably business-related.
• Higher Degrees and relevant Professional Certificates will be an added advantage.

Experience:

• Minimum of 9 years of relevant banking experience in marketing and credit.
• Prior experience in Commercial Banking.

Knowledge:

• Strong understanding of the business environment.
• Credit/Risk Management.
• Familiarity with banking structure, policies, and procedures.
• Customer Service expertise.
• Strategic Business Planning skills.

Skills/Competencies:

• Negotiation skills.
• Strong networking and relationship management.
• Analytical and reasoning abilities.
• Deal structuring expertise.
• Strong credit and marketing skills.
• Excellent people management capabilities.
• IT and Computer proficiency.
• Strong communication skills (written and oral).
• Portfolio Management.
• Credit Assessment and Structuring.
• Marketing and Sales expertise.
• Business/Product Development.
• Customer Relationship Management.
• Budget Planning & Control.
• Financial Analysis.
• Business/Operational Strategy.

Note: Only shortlisted applicants will be contacted.

Application Link: Apply Now