First Bank of Nigeria (FBN) is currently in search of a dynamic Business Manager to oversee the Commercial Banking team in Ado-Ekiti. This position entails the management of relationships, the promotion of business growth, and the maintenance of portfolio quality.
This post will go into detail about the job description of Business Manager Commercial Banking and how to apply for this role.
Also see: Relationship Manager Commercial Banking At First Bank (Lagos & Osogbo)
Summary of Business Manager Commercial Banking At FBN
| Host | First Bank of Nigeria |
| Sponsor | First Bank of Nigeria |
| Category | Jobs (Full time) |
| Location | Ado-Ekiti |
| Job Title | Business Manager Commercial Banking |
| Application Process | Online |
| Application Deadline | Aug 28, 2024. |
About First Bank of Nigeria Limited
First Bank of Nigeria Limited, also known as FirstBank, is a Nigerian multinational bank and financial services corporation with its headquarters in Lagos, Nigeria.
Nigeria’s earliest bank was established in 1894 as the Bank of British West Africa.
FBN is a bank that provides various financial services to private and corporate entities such as:
- Banking for the general public
- Banking for corporations
- Investment banking
- Asset administration
- Insurance
FBN is available in numerous countries, such as Ghana.
- Gambia
- Guinea
- Senegal
- Sierra Leone
- United Kingdom
- Paris
Duties & Responsibilities Business Manager Commercial Banking at FBN
- Ensure that the team’s functions and activities are executed with strategic leadership and direction.
- Optimize and strengthen relationships with both new and existing consumers in the target market.
- Ensure that the Relationship Managers (RMs) within the team work together to coordinate their marketing efforts and achieve a substantial increase in the market share of both new and existing consumers.
- The team’s commerce transaction volumes have been intentionally increased, including Form M, Letters of Credit, and Bills for Collection.
- Establish budgets and objectives for the team, guarantee that budgets are satisfied, and oversee resources to optimize profitability.
- Formulate strategies for retaining and gaining new accounts and identify new business opportunities.
- Deal structuring and collaboration with co-lenders in syndication arrangements.
- Ensure that the team’s performance is periodically reviewed and evaluated, and that corrective actions are taken to achieve the Group’s strategy and annual plans.
- Responsible for the facilitation of trade-related transactions within the bank’s foreign exchange operations.
- Assist in the development of credit structures that are consistent with the potential of the business.
Eligibility Criteria
Education
- Minimum Qualifications: A first degree or equivalent in any field, with a preference for business-related fields.
- An additional benefit will be conferred upon individuals with relevant professional certificates and advanced degrees.
Experience
- A minimum of nine years of relevant banking experience, including credit and marketing, is required.
- Previous experience in the field of commercial banking.
Knowledge
- Sound understanding of the business environment
- Credit/Risk Management
- Banking structure, policies, and procedures
- Customer Service
- Strategic Business Planning
Skills and Competencies
- Negotiation abilities
- Proficient in the management of relationships and networking
- Analytical and reasoning abilities
- Strong credit and marketing skills Deal structuring abilities
- Proficient in the administration of individuals
- Computer and information technology appreciation
- Communication abilities (oral and written)
- Credit Assessment and Structuring Portfolio Management
- Sales and Marketing
- Product/Business Development
- Customer Relationship Management
- Budget Planning and Management
- Financial Analysis Business/Operational Strategy
How to Apply:
Interested and eligible candidates who want to apply for the role of Business Manager Commercial Banking at FBN should follow the steps below to apply.
- You can start your application process by clicking on the “APPLY HERE” button below
- Read through the requirements and duties and click “APPLY NOW”
- Enter your email address to continue with your application
Application closing date: The deadline for this job vacancy is Aug 28, 2024.
NOTE: Only those applicants that are shortlisted will be contacted.