Norrenberger is a Financial Services Group that provides bespoke financial solutions. Our component companies are licensed and regulated either by the Central Bank of Nigeria (CBN) or the Securities & Exchange Commission (SEC).
We are recruiting to fill the position below:
Job Title: Business Development Officer
Location: Abuja (FCT)
Employment Type: Full-time
Job Summary
- We seeking to employ a business development officer with sales experience in the financial sector to build and deepen relationships with existing and potential clients by selling product/services of the company, particularly loans and investment products to individuals, retail and MSME customers.
Main Responsibilities
- Grow the existing risk asset portfolio in line with the company’s strategy
- Identify, develop and cultivate relationships with customers within the retail and MSME segment that are in need of loans and advances to support their business
- Sell products/services to increase the deposit mobilization portfolio of the company
- Manage existing clients’ portfolio as well as develop new business opportunities by generating risk assets within the MSME and retail market
- Leverage the company’s existing relationship by developing and executing proactive, creative and on-going contact initiatives
- Prepare sales pitches, presentations and other documents required for client’s engagements
- Assist in the development, launching and sales of new product offering
- Act as liaison between the company and existing/prospective clients
- Responsible for ensuring the coordination, execution and monitoring of an extension of credit through the approval to maturity including the following
- Serving as the primary interface with the client
- Ensuring a complete, accurate and balanced assessment of risk in the credit approval presentation
- Coordinating the approval process managing information flow and ensuring that the credit follows the stated approval process for the facility limit
- Ensuring that clear communication between the company and the client is maintained and that the internal approvals are consistent with client expectations
- Ensuring compliance with related policies, especially the credit policy
- Ensuring that the approval documentation is complete
- Ensuring that the legal documentation is complete, consistent with the internal approvals and properly executed and filed.
- Ensuring quality and timely service delivery, within (or exceeding) customer expectations.
- Monitor industry trends and obtain necessary intelligence to be used as input for new product development
- Proactively manage client’s relationships and monitor the delivery of product/ service proposition to clients
- Drive engagements and close sales of loan and investment products to retail and MSME customers.
- Monitoring and Recovering of PDO’s /Expired loans.
- Ensure that collateral- properties, equipment and inventories hold by the organization are properly insured.
- Prompt identification of unauthorized balances and follow up with customer on early warning and remedial action on newly created PDOs.
- Maintaining accurate, up-to-date customer account information.
- Negotiations/meetings with customers who want loan work out options such as refinancing, rescheduling and restructuring.
- Prepare call memos and progress reports on negotiations with debtors in respect of repayment of indebtedness.
- Follow up on the release of security documents for loans which have been fully repaid
- Give priority attention to regularize outstanding legal and documentation issues on assigned portfolio.
- Staff training internally and externally as may be required
- Carry out such other duties that may be delegated to it by Head of Unit
Educational Qualification & Work Experience
- Bachelor’s degree in Accounting, Finance, Business Administration or other related fields
- Minimum of 4- years’ work relevant experience in credit and deposit mobilization within the financial industry.
- Proven track record of exceeding sales target in the financial sector.
- Good knowledge of CBN policies on credit and loan administration
Required Knowledge, Skills and Abilities:
- Great Sales and Client Management skills
- Excellent Knowledge of the regulatory structure in the Nigerian business environment
- Proficiency in Microsoft Word, Excel, PowerPoint and Project & Visio packages
- Excellent verbal and written communication skills
- Strong industry network.
Job Title: Financial Operations Officer
Location: Abuja (FCT)
Employment Type: Full-time
Sector: Investment and Asset Management
Job Summary
- The Investment Operations Officer is the primary interface between the investment department and all internal and external counterparties (Internally: Advisory, Enterprise Assurance and Corporate services and externally, all transaction counterparties).
The main responsibilities of the position includes:
- Maintains archival and financial administrative files
- Daily reconciliation of all internal ledgers to ensure accuracy
- Ensures timely resolution of all client’s complaints in line with agreed turnaround time
- Ensure accurate and timely upload of customers’ information into the core application.
- Prepares weekly and monthly operations report
- Ensuring that transactions are cleared and settled correctly
- Organize and track investment documents and applications
- Ensures the safekeeping of all cash and negotiable instruments.
- Manages the core application as it’s related to inputs of client’s data to ensure accuracy.
- Assist the Head, Operations to forecast daily cash requirements and execute daily financing decisions.
- Handles all aspects of In-house investment portfolios.
- Maintain investment team archives; ensure all transaction justifications, instructions and confirmations are prepared and received when due and are filed correctly and easily retrievable Maintain investment team archives; ensure all transaction justifications, instructions and confirmations are prepared and received when due and are filed correctly and easily retrievable.
- Checking daily transaction reports
- Perform daily account maintenance, generate reports, prepare correspondence and special projects as assigned
- Organize and track investment documents and applications.
Requirements / Minimum Qualifications
- First degree in a Numerate Field; (preferably in Economics or Finance Sciences, Engineering,)
- 7+ years’ experience in operations within the investment banking sector.
- Strong interest in Global Financial Markets and keen intellectual curiosity
- Interest in enrolling in, and completing, the CFA program
Required Knowledge, Skills and Abilities:
- Statistical analysis
- Proficiency in Microsoft Word and Excel and other operational software
Generic Skills:
- Team player with the ability to think and act independently
- Outstanding written and oral communication skills
- Quick learner, comfortable dealing with ambiguous and fluid situations
- Ability to multi-task; juggle multiple deliverables and perform under very demanding conditions
- Independent, excellent attention to detail and organizational skills
- Superior analytical & critical thinking skills; ability to make good decisions when faced with complex data
- High level of passion, integrity, creativity, inquisitiveness and self-confidence
Deadline: 15th January, 2021.
Method of Application
Interested and qualified candidate should send their Resume to: recruitment@norrenberger.com using the Job Title as the subject of the mail.
Leave a Reply