Background

A regulated small-sized Sacco in Nairobi is seeking a qualified Business Development Manager (BDM) to drive business growth, enhance competitiveness, and strengthen market presence.

Key Deliverables

• Increase membership by expanding outreach and successfully attracting new and diverse members.
• Grow and maintain a high-quality loan portfolio that meets business targets.
• Increase member deposits through effective mobilization strategies.
• Enhance the competitiveness of Sacco products by improving existing offerings and launching new products that meet evolving member needs.
• Expand the Sacco's market presence and geographical reach through strategic growth initiatives.
• Strengthen business growth by building and maintaining strategic partnerships with key stakeholders.
• Lead, supervise, and develop staff to achieve high team performance and support the Sacco's business objectives.
• Improve member satisfaction and engagement, ensuring a high standard of service delivery and positive member experience.
• Manage operational and business development costs to ensure efficient use of resources and support the Sacco's financial objectives.

Requirements

• Diploma or Bachelor's degree in a business-related field (additional professional qualifications are an advantage)
• Minimum of four (4) years' experience in a similar role within banking, microfinance, or the Sacco sector
• Strong knowledge of the financial services market
• Excellent communication, leadership, negotiation, and networking skills
• Strong commitment to driving organizational growth

• Increase membership by expanding outreach and successfully attracting new and diverse members.
• Grow and maintain a high-quality loan portfolio that meets business targets.
• Increase member deposits through effective mobilization strategies.
• Enhance the competitiveness of Sacco products by improving existing offerings and launching new products that meet evolving member needs.
• Expand the Sacco's market presence and geographical reach through strategic growth initiatives.
• Strengthen business growth by building and maintaining strategic partnerships with key stakeholders.
• Lead, supervise, and develop staff to achieve high team performance and support the Sacco's business objectives.
• Improve member satisfaction and engagement, ensuring a high standard of service delivery and positive member experience.
• Manage operational and business development costs to ensure efficient use of resources and support the Sacco's financial objectives.

• Excellent communication skills
• Leadership skills
• Negotiation skills
• Networking skills
• Strong commitment to driving organizational growth

• Diploma or Bachelor's degree in a business-related field (additional professional qualifications are an advantage)
• Minimum of four (4) years' experience in a similar role within banking, microfinance, or the Sacco sector
• Strong knowledge of the financial services market