CDIover 1 year ago

Business Manager - Commercial Banking at First Bank of Nigeria Limited

Confidential Company
Nigeria

Job Description

× DAILY JOB ALERTS GET FREE JOB ALERTS FROM EMPLOYMENT NIGERIA Business Manager - Commercial Banking at First Bank of Nigeria Limited Employment Nigeria 02-Nov-2024 ₦Not Available ABA , Banking and Finance First Bank of Nigeria Limited (FirstBank) is Nigeria's largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi. We are recruiting to fill the position below: Job Title: Business Manager - Commercial Banking Location: Umuahia, Abia Employment Type: Full-time 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 target market. Coordinate the overall marketing activities of the Relationship Managers (RMs) within the team; and ensure a significant increase in market share of new and existing customers. Deliberate growth of the team’s trade transaction volumes: Form M / Letters of Credit / Bills for Collection, etc. Develop budgets and goals for the team and ensure budgets are met and manage resources for profitability. Identify new business opportunities and formulate strategies for retaining and winning new accounts. Structuring of deals and relating with co-lenders in syndication arrangements. Periodically review and evaluate the performance of the team and ensure corrective actions to achieve Group’s strategy and annual plans Responsible for driving of trade-related transactions for the bank (Fx business) Provide support in the structuring of credits in line with business potentials. Requirements Minimum Education: First Degree or its equivalent in any discipline preferably business-related. Higher Degrees and relevant Professional Certificate will be an added advantage. Minimum experience – 9 years relevant banking (marketing and credit) experience. Prior experience in Commercial Banking. Knowledge: Good Knowledge of the business environment Credit/Risk Management Banking structure, policies, and procedures Customer Service Strategic Business Planning Skill/Competencies: Negotiation skills Strong networking and relationship Management skills Reasoning and analytical skills Deal structuring skills Strong credit and marketing skills Excellent people management skills IT and Computer appreciation Communications skills (written and oral) Portfolio Management Credit Assessment and Structuring Marketing/ Sales Business/ Product Development Customer Relationship Management Budget Planning & Control Financial Analysis Business Operational Strategy. Deadline: 2nd November, 2024.

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Commercial banking — Banks conduct thorough background checks. Ensure your references are reachable and briefed. Knowledge of local banking regulations (COBAC/BCEAO) is often a final-round eliminator.

Sales KPIs — Revenue generated, portfolio growth, quota attainment (%): these 3 metrics are mandatory in senior interviews. Also prepare your 100-day plan — sales directors who arrive with a plan are consistently perceived as more credible.

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