Business Development Officer Job at Rex Microfinance Bank

Rex Microfinance Bank is a secure digital financial services platform that provides you and your business with opportunities for a strong financial future.

We are recruiting to fill the position below:

Job Position: Business Development Officer
Job Location: Garki, Abuja (FCT) 
Employment Type: Full-time

Key Responsibilities
Deposit Mobilization:

• Actively source and mobilize deposits from individuals, SMEs, and corporate clients.
• Develop strategies to attract and retain savings and fixed deposit accounts.
• Maintain strong relationships with depositors to ensure portfolio stability.
• Monitor and grow deposit volumes in line with assigned targets.

Merchant & Client Acquisition:

• Prospect and engage SMEs, corporate clients, and retail customers.
• Conduct field visits and presentations to potential clients.
• Onboard merchants for POS/digital payment solutions.
• Ensure proper documentation and regulatory compliance during onboarding.

Relationship Management:

• Build and maintain long-term relationships with clients.
• Address customer concerns promptly and ensure high satisfaction levels.
• Cross-sell and upsell relevant banking products.
• Monitor client activity to drive increased engagement and retention.

Performance Monitoring & Reporting:

• Track daily sales activities and pipeline performance.
• Provide weekly and monthly business development reports.
• Monitor transfer volume, transfer value, and deposit growth metrics.

Market Intelligence:

• Gather competitor insights and market trends.
• Provide feedback on product development and customer preferences.

Compliance & Risk Management:

• Ensure adherence to Rex Mfb lending policies and procedures.
• Support fraud prevention by verifying client information and documentation.
• Maintain confidentiality and protect client data.

Collaboration & Team Support:

• Work closely with marketing, operations, and product teams to align strategies and enhance client solutions.
• Mentor and support junior sales team members where applicable.
• Share best practices and contribute to process improvement initiatives.

Qualifications & Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Banking, or related field.
• 2–4 years of experience in business development, sales or lending within a financial institution.
• Proven track record in deposit mobilization and target achievement.
• Good knowledge of lending principles and risk management.
• Strong communication and negotiation skills.
• Excellent negotiation and relationship management skills.
• Proven experience in the Microfinance sector.

Competencies & Attributes:

• Results-oriented with strong goal achievement skills.
• Excellent interpersonal and communication skills.
• Ability to analyze market trends and competitor activity.
• Sound sales and negotiation skills.
• Resilient and able to pay attention to details.
• Customer relationship management.
• High level of integrity and professionalism
• Ability to manage multiple clients.

Method of Application 
Interested and qualified candidates should send their CV to: oolejiya@rexmfbank.com using the Job Position as the subject of the email.