Business Development Manager (Loan) at Palmpay Limited Internship

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

Job Title: Business Development Manager (Loan)

Location: Lagos
Employment Type: Full-time

Job Description

• The role holder will be responsible for the Business Development of the Flexi Product for PalmPay Limited.
• This position will be in charge of the Business engagement for Flexi, sourcing for funding, post-loan disposal of assets, Flexi calculation, and strategies for growth, with duties including market research, and recommending upgrades when necessary.
• Ultimately, the role holder will direct the executive team on the best processes to attain set goals.

Key Responsibilities
Key Tasks:

• Drive Business engagement with partners to derive strategic partnerships for funding and delivery of Flexi (Cooperate Lending and Co-Lending)
• Identifying viable business opportunities; coordinating business generation activities; developing customized targeted sales strategies.
• The ultimate success of the Flexi Business: sustainable product-market fit and profitability
• Manage Flexi products portfolio.
• Manage post-loan asset disposal.
• Drive engagements of partners for loan collection outsourcing and asset package sale.
• Essential capacity building in Auto-deduction, credit investigation, and external data research.
• Product reporting and analysis for informed decision making.
• Assist the Risk and Compliance Department with the NPL management and reporting.
• Develop new products generating new business opportunities by performing market research to identify customer needs/trends and opportunities.
• Assess market competition by comparing the unsecured lending proposition to competitors’ products across offerings, processes, customer experience, and portfolio quality.

Professional & Academic Qualifications

• Bachelor’s Degree in relevant field.
• Minimum of 4 years work experience in Business Development and credit.

Required Competencies;
The post holder must demonstrate appropriate skills and experience which will enable him/her to deliver against the main purpose and key responsibilities of the role. More specifically, the competencies required to succeed in the role:

• Proven experience in Business Development or similar leadership roles.
• Sound Knowledge of Credit and lending trends to build organizational strategy.
• Ability to conduct analyses and research.
• An in-depth understanding of Credit assessment, and credit risk criteria.
• Strong interpersonal skills.
• Excellent communication skills.
• Leadership and organizational skills.
• Problem-solving attitude.
• Understand the 5 Cs of lending

Application Closing Date
Not Specified.

Method of Appl