Job Description
Job Description
Position: Business Development Officer
A fast-growing microfinance institution is looking for a dynamic, results-oriented Business Development Officer to drive client acquisition, grow the loan portfolio, and champion the institution's growth agenda in a competitive lending market.
Experience Required: Minimum 2 years' experience in business development or lending within the microfinance sector
Prior exposure to payroll-based lending, SME financing, and relationship management with corporate or institutional clients will be an added advantage.
Duties and Responsibilities
Key Responsibilities
● Identify and pursue new business opportunities, including corporate partnerships, payroll deduction schemes, and SME lending relationships.
● Grow and diversify the loan portfolio by sourcing, screening, and onboarding creditworthy individual and business clients.
● Build and maintain strategic relationships with employers, associations, and other institutions to secure sustainable pipelines of business.
● Develop business and strategic plans, along with operational policies and standard operating procedures (SOPs), to support the efficient, sustainable, and compliant management of the microfinance institution
● Design and execute marketing and client acquisition strategies to promote the institution's loan products and expand its market footprint.
● Conduct market and competitor analysis to identify emerging opportunities, pricing gaps, and client needs.
● Assess client creditworthiness and structure loan proposals in line with the institution's risk appetite and lending policies.
● Monitor portfolio quality and support collections, working closely with credit and recovery teams to keep arrears within acceptable limits.
● Actively market the institution's loan products, supporting business growth and strong customer relationships.
● Support debt recovery efforts, follow up on outstanding arrears, and help ensure portfolio performance targets are achieved.
● Assess, process, and recommend loan applications, ensuring full alignment with internal policies and regulatory standards.
● Prepare regular reports on business development activity, pipeline conversion, and portfolio growth.
● Uphold the institution's values of integrity and professionalism in every client interaction.
Qualifications and Experience
Qualifications & Requirements
● Degree in Business Studies, Marketing, Banking, Finance, or a related field.
● At least 2 years' experience in business development, sales, or lending, preferably within microfinance or banking.
● Proven track record of meeting or exceeding growth and sales targets.
● Strong networking and relationship-building skills.
● Excellent negotiation, presentation, and communication skills.
● Sound understanding of credit risk principles and loan structuring.
● Self-driven and target-oriented, with the ability to work independently and under pressure.
● High levels of integrity, professionalism, and confidentiality.
● Willingness to travel for client visits and business development activities.
How to Apply
Why Join Us?
● Be part of a growing microfinance institution with an ambitious expansion agenda.
● Work in a performance-driven environment that rewards initiative and results.
How to Apply
Interested candidates should submit the following:
● Cover Letter
● Curriculum Vitae (CV)
● Certified Copies of Academic and Professional Certificates
Email applications to: limitsbs1@gmail.com
Deadline:05 September 2026
Only shortlisted candidates will be contacted.