BUSINESS DEVELOPMENT MANAGER AT ULTRAVIOLET MICROFINANCE BANK | BUSINESS DEVELOPMENT MANAGER JOBS IN ABUJA

About Company:

Ultraviolet Microfinance Bank is a financial institution with its office located in Abuja, Nigeria

Job Description:

Ultraviolet MFB is seeking a high-caliber Business Development Manager to lead our growth engine. In the competitive microfinance landscape, we need a leader who can balance the "Twin Pillars" of banking: aggressive deposit mobilization and the development of a high-quality, low-risk loan portfolio.

As the BDM, you will be the primary architect of the bank's expansion. You will be responsible for sourcing low-cost deposits from HNWIs and corporate entities while simultaneously identifying credit-worthy SMEs to grow our risk assets. This is a leadership role requiring a mix of strategic planning, forensic market analysis, and high-level relationship management. If you have a proven track record of hitting multi-million naira targets and leading high-performing marketing teams, we invite you to drive our mission of financial inclusion.

Requirements:

1. Liability Generation & Revenue Growth

• Deposit Mobilization: Develop and execute sophisticated strategies to attract savings and fixed deposits from SMEs, cooperatives, and high-net-worth individuals.

• Target Achievement: Own the monthly and annual deposit quotas, ensuring the bank maintains optimal liquidity levels.

• Segment Targeting: Identify and penetrate untapped corporate and institutional sectors to diversify the bank's liability base.

2. Quality Risk Asset Development

• Portfolio Expansion: Drive the growth of the bank’s loan portfolio while maintaining a primary focus on asset quality and low Non-Performing Loan (NPL) ratios.

• Credit Collaboration: Work closely with the credit team to ensure loans are structured to meet client needs while protecting the bank's capital.

• Performance Monitoring: Proactively monitor the loan book to identify early warning signs of default and implement recovery strategies.

3. Strategic Leadership & Relationship Management

• Market Intelligence: Conduct deep-dive competitor analysis and market research to identify new expansion opportunities and product niches.

• Elite Networking: Represent the bank at executive-level meetings and industry events to build strategic partnerships that drive sustainability.

• Team Orchestration: Supervise and mentor the deposit mobilization and marketing staff, setting clear KPIs and conducting rigorous performance reviews.

Qualifications and Skills:

Professional Profile

• Experience: Proven experience in a senior business development or marketing role within the Banking or Microfinance sector.

• Track Record: A documented history of achieving significant deposit mobilization and loan growth targets.

• Regulatory IQ: Deep understanding of CBN regulations, microfinance policy frameworks, and internal compliance standards.

Core Competencies

• Financial Literacy: Strong ability to analyze economic indices and credit risk profiles.

• Leadership: Exceptional skills in mentoring teams and driving high-productivity cultures.

• Negotiation Mastery: Ability to close high-value deals with corporate boards and institutional stakeholders.

• Analytical Thinking: Data-driven approach to market research and strategy development.

Salary

Application Closing Date: Not specified

Application Instructions:

Interested and qualified candidates should forward their CV to: hr@ultravioletmfb.com using the position as subject of email.