HEAD - BUSINESS
Job Description
An exciting opportunity for Head- Business has arisen within EmpowerBank. Suitably qualified and experienced candidates are encouraged to apply. The successful candidate shall be responsible for developing and implementing the bank's credit and retail strategy.
Duties and Responsibilities
• Oversee branch operations, business development, team development, systems and processes, to ensure productivity and excellent results
delivery;
• Coach, Mentor and Supervise core business staff and ensure that they are adequately trained;
• Works with the Chief Executive Officer and other Heads to influence the creation and communication of company strategy, business
priorities and targets for the branch managers and ensures there are systems in place to enable the branch managers to receive the
information in a timely manner;
• Ensures that the retail operation complies with all policies and procedures relating to security, health and safety etc.;
• Takes a lead role in building a strong sales management culture within the operations team.
• Ensure the processing and approval of all loans granted;
• Reviews and recommends approvals for all SMEs/Group and personal loans which are above own lending limit on a daily basis to the
Management Credit Committee;
• Ensure that the credit policies and procedures are in line with regulatory requirements;
• Prepares Board Credit Committee papers on a quarterly basis and as and when these are required;
Qualifications and Experience
• University degree in Accounting, Economics, Business Administration or related field;
• A Masters Degree in Accounting, Economics and Business Administration or related field:
• 10 years of professional credit and retail experience and 5 years of which should be at managerial level;
• Experience in banking in a managerial capacity.
• Excellent skills in lending processes and debt recovery;
• Strong managerial, business development, analytical and research skills;
• Good communication and interpersonal skills;
• Problem solving skills.
How to Apply
All applications addressed to [email protected] must be recieved no later than 20th October 2023 clearly stating the position being applied for under the subject line.
Certified copies of academic and professional qualifications must accompany all applications.
VacancyHQ Expert Job Listing Tips
Tips for Application Success:
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["In my experience..."] Tailor Your Resume: Highlight any experience you have in credit and retail, especially at a managerial level. A well-structured CV is important; list your roles and duties in previous employment that align directly with the tasks required for this role.
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"Your Cover Letter Matters": Your cover letter should demonstrate manageriality, business development, analytical and research skills, lending processes, and debt recovery knowledge. Use examples from your career that establish you as a problem solver.
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"Everyone appreciates Effort": It would be beneficial to showcase how you've previously influenced strategy creation and communicated about business priorities to stakeholders in your previous roles.
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"Demonstrated Task Ownership shows Maturity": The job requires ensuring compliance with various policies and procedures- demonstrate the times you've demonstrated this sort of task ownership in your previous roles.
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"Maintain Relevance": Prepare for potential interviews by equipping yourself with a working knowledge of the regulatory requirements affecting credit policies that the bank needs to adhere to.
Attention Points From The Listing:
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"Deadlines Matter": The deadline for application submission is 20th October 2023; applicants must take note and meet this deadline.
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"Guidelines are there for a reason": Applications should be sent through email with the position being applied for clearly indicated in the subject line.
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"Check the Small Print": Applications should be accompanied by certified copies of academic and professional qualifications.
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"Strive to Qualify": Prospective candidates must have a degree in a related field, with at least 10 years of professional experience, five of which should be at the managerial level.
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"The Devil is in the Details": Take note of the importance placed on the aspects of training staff and sales management in your application.
Stand Out Methods:
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"What I have noticed over time": It would be very compelling for applicants to include specific examples of how they achieved excellent results in past roles, specifically around metrics such as increased sales or superior team performance.
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"In my experience...": Certified qualifications would place you a step ahead. Perhaps, consider getting specialized certifications in credit and retail or a Master's degree if feasible.
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"Show them the Money": It's always recommended to demonstrate your business acumen and revenue generation strategies. Make sure you discuss your past strategies that lead to business growth in your previous roles.
Area For Novices To Consider:
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"Never underestimate Paperwork": The role requires regular preparation of credit committee papers - novice candidates may overlook the importance of such administrative tasks.
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"But it's just a Loan": The daily review and recommendation of all SMEs/Group and personal loans that are above the set lending limit is a crucial task. The crux of the role lies in credit and lending, its importance cannot be understated.
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"A Team Player brings Home the Trophy": The job demands regular interaction with the bank's top executives which can be intimidating for new applicants without managerial experience. This is an important part of the job and should not be overlooked.
