Business Manager – Commercial Banking Group (Lagos, South West & Onitsha) at First Bank of Nigeria Limited Full Time

First Bank of Nigeria Limited is currently looking for a business manager for immediate employment. Interested persons are expected to apply. Kindly go through the full details of this position below:

Job Title: Business Manager – Commercial Banking Group

Job Identification: 776
Location: Lagos, South West & Onitsha – Anambra
Job Type: Full-time

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 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
Education:

• Minimum Education: First Degree or its equivalent in any discipline preferably business-related.
• Higher Degrees and relevant Professional Certificate will be an added advantage.

Experience:

• Minimum experience – 9 years relevant banking (marketing and credit) experience.

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

Application Closing Date
14th February, 2023.