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Full Time Jobs |
Lagos |
Posted 2 days ago |
Job Title: Team Lead, Other Assets Products
Duties and Responsibilities
- Responsible for driving performance across Community Banking Unit segments (Schools, Local Government Councils, Religious Bodies, Embassies, NGOs) to ensure that products targets are met.
- Maintain the bank’s leadership position/market share by ensuring that FirstBank attains and retains leadership in the Community Banking segments space.
- Research competitor product offerings and make appropriate recommendations for improvement to ensure that the CBU product offerings maintain their competitive advantage.
- Identify market opportunities and launch additional Retail Asset Products.
- Generate ideas for the development of new retail asset products / improvement of existing products
- Work with the BUs for liability generation for the managed segments
- Contribute to strategies for the creation of Retail Asset Loans to grow the bank’s total Retail Business Portfolio
- Contribute to strategies to increase CBU segments relationships in the Bank and generate Revenue.
- Ensure that assigned retail asset (new & existing) meets and conforms with regulatory requirements.
- Work closely with M&CC, Retail & Commercial SBU’s and other stakeholders to ensure that the managed CBU segment products are highly visible in the market.
- Develop & implement strategies for the effective monitoring/tracking of managed CBU Asset Products.
- Develop & implement strategies that will ensure that all Retail LAD is of good quality
- Intelligence/Information gathering on product(s) being managed.
- Conduct trainings by making presentations at various SBUs monthly/quarterly performance review sessions and organized training sessions.
- Attend joint marketing calls/Marketing storms with relevant BUs to provide adequate product and marketing support.
- Develop promotional materials for assigned products and events to support the marketing of products by the customer facing SBUs.
- Develop and send out regular product tips/flyers on assigned products to improve product knowledge and aid overall product performance.
- Work with RMs/BMs to ensure effective and coordinated sales of assigned CBU segment products bank wide.
- Ensure that the NPLs (if any) of the assigned CBU asset products are within tolerance level (currently 5% of the total products portfolio).
- Grow the profitability of assigned CBU product segments.
- Implement strategies to maintain the bank’s leadership position/market share in cheap current account deposits.
- Hold customer engagement for the CBU segments when required.
- Prioritize customer acquisition by sweating the CBU segments.
- Carry out periodic (monthly, quarterly & annual) product reviews to tracks assigned products performance across the SBUs in the bank and across the industry
- Attend User’s Acceptance Test (UAT) sessions and ensure that test results conform with approved products terms and conditions.
- Ensure that assigned new products are launched within approved time frame
- Manage assigned CBU asset & liability products life cycle, from inception to launch, to evaluation/refinement and make necessary recommendations
- Conduct product/Financial planning knowledge training for the bank’s workforce/ customers.
- Carry out other responsibilities as assigned by the Head of Community Banking Unit.
- As part of the Bank’s Information Security requirements, maintain the security of all Information entrusted to the staff and comply with the principles and policies in the Information Security Handbook.
- Prepare proposals and presentation slides for the BUs to engage CBU customer segments
- Prepare and forwards prospects list as marketing Leads to BUs for their use
- Prepare and review product papers.
Job Requirements
Educational Qualification:
- Candidates should possess a First Degree;
- Higher degrees / MBA / professional certifications compulsory
Experience:
- Minimum experience – Relevant Experience
Application Instructions
The application deadline is 30th April, 2025; 17:28. Therefore, qualified and interested candidates can “CLICK HERE TO SUBMIT APPLICATION.” It is important to visit the official website (link below) for detailed information on applying successfully for this vacancy.
Website:
Official Job Website: https://www.firstbanknigeria.com
Job Features
Job Category | Team Lead |