Senior Business Development Officer
Full-time
La Fayette Microfinance Bank Limited, Advans Nigeria
Job title : Senior Business Development Officer
Job Location : Oyo Deadline : November 13, 2026 Quick Recommended LinksResponsibilities
Business Development and Revenue Generation:
- Identify, research, and develop new business opportunities to drive revenue growth.
- Develop and implement business development strategies in line with organisational objectives.
- Identify potential clients, markets, partnerships, and business opportunities.
- Generate and manage a pipeline of prospective clients and business leads.
- Develop strategies to expand the organisation's market presence and customer base.
- Drive the achievement of assigned business development and revenue targets.
- Explore new products, services, and market opportunities to improve business performance.
Client Relationship Management:
- Build and maintain strong relationships with existing and prospective clients.
- Identify client needs and recommend appropriate products and services.
- Maintain regular engagement with key clients to strengthen business relationships.
- Address client enquiries, concerns, and business-related challenges promptly.
- Develop strategies to improve customer retention and client satisfaction.
- Identify opportunities for cross-selling and upselling of products and services.
Strategic Partnerships and Stakeholder Management:
- Identify and establish strategic partnerships that support business growth.
- Engage corporate organisations, institutions, business associations, and other relevant stakeholders.
- Develop and maintain relationships with key decision-makers.
- Represent the organisation at business meetings, networking events, conferences, and industry engagements.
- Negotiate partnership agreements and commercial arrangements in line with approved policies.
- Monitor existing partnerships to ensure value creation and achievement of agreed objectives.
Market Research and Competitive Analysis:
- Conduct market research to identify emerging business opportunities and industry trends.
- Analyse competitors' products, services, pricing, and market positioning.
- Identify customer needs, market gaps, and potential areas for business expansion.
- Prepare market intelligence reports and business development recommendations.
- Provide management with insights to support strategic business decisions.
- Monitor changes in the business environment that may impact organisational growth.
Proposal Development and Business Negotiations:
- Prepare business proposals, presentations, quotations, and commercial offers.
- Develop and deliver compelling presentations to prospective clients and business partners.
- Lead or support business negotiations to secure profitable deals.
- Review client requirements and ensure proposed solutions align with organisational capabilities.
- Coordinate with relevant departments to ensure timely submission of proposals and tenders.
- Follow up on submitted proposals and convert business leads into successful transactions.
Business Performance Monitoring and Reporting:
- Monitor business development activities against approved targets and performance indicators.
- Prepare periodic business development reports for management.
- Track sales performance, revenue generation, conversion rates, and business pipeline activities.
- Maintain accurate records of prospects, clients, partnerships, and business opportunities.
- Identify challenges affecting business growth and recommend appropriate solutions.
- Provide regular updates on market developments and business performance.
Team Collaboration and Support:
- Collaborate with Marketing, Operations, Finance, Customer Service, and other relevant departments to achieve business objectives.
- Provide guidance and support to junior business development team members.
- Share market intelligence and business development best practices with the team.
- Support the implementation of organisational sales and marketing initiatives.
- Participate in business planning and strategy development sessions.
Vacancy posted 2 days ago
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