Business Development Manager- Microfinance Institutions (MFI) at Equity Bank Kenya

Posted 2 months ago - By Kenya Vacancies - Over 22 Potential Applicants

  • Equity Bank Limited (The "Bank”) is incorporated, registered under the Kenyan Companies Act Cap 486 and domiciled in Kenya. The address of the Bank’s registered office is 9th Floor, Equity Centre, P.O. Box 75104 - 00200 Nairobi. The Bank is licensed under the Kenya Banking Act (Chapter 488), and continues to offer retail banking, microfinance a...

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    Business Development Manager- Microfinance Institutions (MFI)
    • Job TypeFull Time
    • QualificationBA/BSc/HND
    • Experience5 years
    • LocationNairobi
    • Job FieldSales / Marketing / Retail / Business Development&nbsp

    The role holder will be responsible for establishing and maintaining strong relationships with microfinance institutions (MFIs). The primary responsibility is customer acquisition, retention, and generating income through the sales of the bank's products.

    Key Responsibilities

    • Ensure all new businesses comply with AML/KYC and CTF regulations and maintain up-to-date customer information.
    • Identify and develop new business proposals promptly to capitalize on potential opportunities.
    • Onboard new clients, address their needs, and ensure the service provided aligns with customer expectations.
    •  Drive the growth of the existing deposit book by expanding current accounts, collection business, and wholesale deposits from focus institutions, in line with organizational targets.
    • Grow the existing asset book by increasing quality loans and advances to focus institutions, meeting set organizational goals.
    • Achieve income generation targets through integrations and co-branded solutions that recruit institutions to our platform.
    • Stay informed on developments in the cooperative movement, monitoring industry performance and regulatory changes.
    • Provide advisory services and build capacity to support institutional growth and consolidate their business with the bank.
    • Deliver exceptional customer service, resolve queries, and ensure customer satisfaction.
    • Prepare customer sales coverage plans and go-to-market strategies to optimize market penetration and wallet sizing with existing customers. 
    • Role model the bank’s brand and corporate values both internally and externally.
    • Perform other official duties as assigned by management.

    Qualifications, Experience

    • Bachelor’s degree in commerce or business-related field.
    • At least 5 years’ experience in a sales-related role in the financial institutions segment.
    • Computer proficiency is a must.

    Method of Application Interested and qualified? Go to Equity Bank Kenya on equitybank.taleo.net to apply

  • Apply Before: 23 February 2025
    Apply Now