BUSINESS DEVELOPMENT OFFICERS (2) – LAKE ZONE at TADB. February 2024.

Overview

Reporting to the Zonal Manager, he/she is responsible for identifying, developing, and managing new business relationships for the bank within the zone.

KEY RESPONSIBILITIES:

• To initiate proposals for new business and develop relationships with prospective clients in conjunction with the Business Development Manager.
• To assist in expanding current business in accordance with bank’s plans and strategies.
• To assist clients applying for the bank’s facilities and manage client’s business relationships.
• Negotiating Deals: BDO must have strong negotiation skills to close deals with potential customers, including pricing, terms, and conditions.
• Developing Sales Proposals: BDO must be able to develop sales proposals and presentations that effectively communicate the bank’s value proposition to potential customers.

• Provide a superior level of customer relations and service; and ensure compliance with bank’s policies and procedures.

• Obtain all the client information necessary for the appraisal of a credit proposition and liaise with Credit Analysts as and when appropriate;

• To carry out market research for possible expansion and development of new projects/business.
• To retain customers within the assigned portfolio – Ensure retention ratio of 90%.

• To obtain all the client information necessary for the appraisal of a credit proposition and liaise with Credit Analysts as and when appropriate;
• Cross-Selling Bank Products and Services: BDO must be knowledgeable about the bank’s products and services, and be able to identify opportunities to cross-sell them to existing and potential customers.
• Analyzing Financial Data: BDO must be able to analyze financial data and market trends to identify opportunities for the bank to expand its business

• To carry out any other duties assigned by your Line Manager/Supervisor from time to time.

GENERAL COMPETENCIES:

• High degree of knowledge and familiarity with statistical techniques and analytical tools.
• Intimate knowledge and familiarity with banking business, products, customers, bb/sheet and P & L.
• Experienced and knowledgeable on banking technology and businesses and able to quickly assess impact of challenges; change requests etc. to cost and service.
• Excellent Analytical and problem-solving skills with strong experience of gathering business requirements and facilitating.
• Proactive self-starter; adept at self-management, able to learn new skills and gain technical experience where skill and knowledge gaps have been identified.

• University degree in Business Administration, Statistics or Economics and relevant professional qualifications in banking, finance, or marketing.
• Minimum of 3 years relevant working experience in a similar position.
• Computer literacy and knowledge of new evolving technology systems.

QUALIFICATION AND EXPERIENCE REQUIRED:

• University degree in Business Administration, Statistics or Economics and relevant professional qualifications in banking, finance, or marketing.
• Minimum of 3 years relevant working experience in a similar position
• Computer literacy and knowledge of new evolving technology systems

MODE OF APPLICATION AND CLOSING DATE:

Job applicants are required to apply for this employment opportunity through; the TADB career portal: https://www.tadb.co.tz/careers/ or send an email to careers@tadb.co.tz

Please note: applicants are required to attach the following for their respective applications:

Application letter showing how you meet the requirements of the position and the Zone you are applying for

An up-to-date Curriculum Vitae

Contacts stating name in full, physical address, telephone numbers, and e-mail addresses of the candidate

Certified copies of relevant certificates

Names and full contacts of three (3) referees

TADB is an equal opportunity employer. The Bank does not engage in practices that discriminate against any person employed or seeking employment.

TADB fosters the strength and health of its workforce through a competitive benefits package, professional development, and policies and programs that support a healthy work/life balance.

Join our workforce to make a positive difference for others — and yourself.

Closing date:

Applications should reach the undersigned no later than 4.00 pm on Sunday, 25^th Feb 2024 For further information, please visit the Bank’s website: www.tadb.co.tz

Only shortlisted candidate will be contacted.

Join our workforce to make a positive difference for others — and yourself)