FirstRand Bank Limited, the largest listed financial services group in Africa which has RMB Nigeria as a franchise is recruiting for an Asset Management Business Development Manager.
Details of the job description, requirements, and how to apply for this role is given below.
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Quick Summary of Asset Management Business Development Manager at RMB (FirstRand Bank Limited)
| Company/Host | RMB (FirstRand Bank Limited) |
| Job Category | Job |
| Job Type | Full time |
| Job Title | Asset Management Business Development Manager |
| Eligible Location | Lagos, Nigeria |
| Experience level | 5 to 8 years’ |
| End Date: | December 12, 2025 |
About RMB (FirstRand Bank Limited)
In terms of market capitalization, FirstRand Bank Limited is the most prominent listed financial services group in the African continent. The Group is distinguished by its owner-manager culture and operates a portfolio of five independently branded franchises, which are as follows: FNB, RMB, WesBank, Aldermore, and Ashburton Investments.
The Corporate and Investment Banking (CIB) activities of the Group in Ghana, Lesotho, Mozambique, Swaziland, Tanzania, and Zambia are branded as FNB in order to satisfy and comply with the standards imposed by the legal and regulatory systems.
RMB is the brand name of the CIB offering that the Group provides in South Africa, Namibia, Nigeria, and Botswana.
Job Description
Purpose:
The principal objective of the Business Development role is to generate sales, expand assets under management, and cultivate and retain clients to enhance the organization’s market standing. The Business Development team will identify potential business opportunities, negotiate and finalize agreements, maintain comprehensive knowledge of the financial market and prevailing market trends, and contribute to the formulation of the distribution strategy.
They will collaborate closely with the product development team, investment team, marketing team, and other internal departments to enhance sales opportunities. They will serve as the internal representative of the Client and communicate market insights and client feedback to support the development and improvement of products and services. The Business Development Team will assume a crucial responsibility in the integration of technological solutions.
Responsibilities:
The successful candidate will be accountable for the following:
- Increases sales by expanding assets under management.
- Prospect for possible new clients and turn this into increasing business, develop proposals, and give presentations.
- Maintain the appropriate balance of assets under management across products to accomplish the organization’s goals.
- Increase the client’s wallet share by marketing a variety of items and services that match their needs.
- Expand and improve the distribution strategy, both in existing and new markets.
- Conduct research to uncover new markets and client needs.
- Develop and sponsor initiatives to produce higher revenue and profitability in line with the firm’s risk appetite and financial objectives.
- Actively contribute in product strategy and development in collaboration with Product Management and Corporate Strategy.
- Encourage collaboration and knowledge exchange across the team and partners.
- Understand and ensure compliance with the applicable regulatory body’s requirements, and ensure the effective and timely resolution of any audit, compliance, or control concerns that may arise.
- Act with integrity, expertise, care, and diligence.
Qualifications & Experience:
- A Bachelor’s Degree in Arts, Sciences, or Related Technical Fields
- A postgraduate qualification in banking-related disciplines, finance, and management, or an MBA, will be desirable.
- Experience selling mutual funds, structured products, and other asset management products.
- Registration with Nigeria’s Securities and Exchange Commission (SEC) as a Sponsored Individual is desirable.
- Minimum of 5 to 8 years’ experience in asset management or a comparable context.
Technical Skills:
- Strong understanding of asset management
- Fixed income solutions and credit expertise.
- Equity and Multi-Asset Solutions
- Broad market knowledge.
- Financial advice and wealth management
General competencies:
- Entrepreneurial attitude.
- Outstanding presenting, written, and oral communication skills.
- Strong interpersonal and networking skills.
- Analytic and problem-solving talents
- Information analysis and management.
- Proactive and adaptable.
- Customer Focus (Internal and External Customers)
Mode of Application
Apply online through the RMB job application portal by clicking the “APPLY HERE” button below
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