Analyze your CV for Business Development Officer at TIB Development Bank
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About this job
TIB Development Bank Limited is Development Finance Institutions (DFI) wholly owned by the Government of United Republic of Tanzania. The bank has been established and exists under the Companies Act, 2002. The focus of TIB Development Bank as a premier national DFI is on national projects that aim at the attainment of the Tanzanian Development Vision 2025. The bank’s mandate is to support the Government in achieving rapid economic growth through the development of industries, infrastructure, services sectors, as well as oil and gas sectors. In this regard, activities of TIB Development Bank have specifically expanded and the bank now invites suitable, qualified, and skilled applicants to fill the vacant positions: –
BUSINESS DEVELOPMENT OFFICER
Nature and Scope
Business development is the process of planning for future growth by identifying new opportunities, forming partnerships, and adding value to a Bank. The successful candidate will be reporting to Manager Business Development. S/he will be responsible for identifying and collecting pertinent information on new business opportunities for the bank and developing effective and sustainable relationships with the bank’s clients.
Key Responsibilities
To identify and collect pertinent information on new business opportunities for the bank.
To develop and maintain effective and sustainable working relationships with the bank’s clients.
To identify, track and add qualified prospects to sales pipeline.
To understand and apply policies, laws and regulations that govern provision of the bank’s services
To develop awareness of products and services offered and present TIB services in a distinctive manner.
To contribute ideas regarding products, processes and procedures relating to the bank’s development financing services.
To analyze financial reports and forecasts presented by customers as part of loan applications
To prepare proposals in the form of memorandum and submit for management decision regarding customer applications for financing.
To coordinate sales teams to develop mutually beneficial proposals
To negotiate contract terms with clients and communicate with stakeholders
To monitor project teams to ensure contracts are executed as agreed
To gather useful information from customer and competitor data
To make and give presentations to prospective clients and internal executives
To create and implement processes and policies to support the overall business
To track and report on the status of proposal components
To conduct ongoing market research
To drive the end-to-end sales process, prepare and submit sales contracts
Educational Qualifications:
A holder of Degree in either Business Administration, Economics, Accounting, Commerce or Agribusiness, master’s degree in business, Commerce, Finance, Accounting, Economics or in any relevant technical area is added advantage.
Working experience, skills, and knowledge:
At least 4-years proven and demonstrable working experience in the financial services sector.
Having relevant skills in credit & financial analysis
Proven experience in business/ credit appraisals
Having relevant skills in financial services and project management
Knowledge of the financial services sector regulatory framework
Sound knowledge in identifying and managing partner relationships.
Ability to work against tight deadlines.
Having skills of engaging teams for delivery of results
REMUNERATION
TIB Development Bank Limited is an equal opportunity employer. The bank offers an attractive remuneration package, career development opportunities and an excellent working environment.
MODE OF APPLICATION
Applications should be accompanied with: –
An application letter.
Detailed Comprehensive Curriculum Vitae (CV)
Certified Copies of relevant certificates and awards.
Indicating your contact address such as telephone number(s) and email address(s) if available.
Names and full addresses of (3) referees.
CLOSING DATE OF APPLICATIONS WILL BE ON MONDAY OF 19th JULY 2024
Managing Director,
TIB Development Bank,
Mlimani City Office Park,
Sam Nujoma Road, Ubungo P.O.BOX 9373,
DAR ES SALAAM.
BUSINESS DEVELOPMENT OFFICER
Nature and Scope
Business development is the process of planning for future growth by identifying new opportunities, forming partnerships, and adding value to a Bank. The successful candidate will be reporting to Manager Business Development. S/he will be responsible for identifying and collecting pertinent information on new business opportunities for the bank and developing effective and sustainable relationships with the bank’s clients.
Key Responsibilities
To identify and collect pertinent information on new business opportunities for the bank.
To develop and maintain effective and sustainable working relationships with the bank’s clients.
To identify, track and add qualified prospects to sales pipeline.
To understand and apply policies, laws and regulations that govern provision of the bank’s services
To develop awareness of products and services offered and present TIB services in a distinctive manner.
To contribute ideas regarding products, processes and procedures relating to the bank’s development financing services.
To analyze financial reports and forecasts presented by customers as part of loan applications
To prepare proposals in the form of memorandum and submit for management decision regarding customer applications for financing.
To coordinate sales teams to develop mutually beneficial proposals
To negotiate contract terms with clients and communicate with stakeholders
To monitor project teams to ensure contracts are executed as agreed
To gather useful information from customer and competitor data
To make and give presentations to prospective clients and internal executives
To create and implement processes and policies to support the overall business
To track and report on the status of proposal components
To conduct ongoing market research
To drive the end-to-end sales process, prepare and submit sales contracts
Educational Qualifications:
A holder of Degree in either Business Administration, Economics, Accounting, Commerce or Agribusiness, master’s degree in business, Commerce, Finance, Accounting, Economics or in any relevant technical area is added advantage.
Working experience, skills, and knowledge:
At least 4-years proven and demonstrable working experience in the financial services sector.
Having relevant skills in credit & financial analysis
Proven experience in business/ credit appraisals
Having relevant skills in financial services and project management
Knowledge of the financial services sector regulatory framework
Sound knowledge in identifying and managing partner relationships.
Ability to work against tight deadlines.
Having skills of engaging teams for delivery of results
REMUNERATION
TIB Development Bank Limited is an equal opportunity employer. The bank offers an attractive remuneration package, career development opportunities and an excellent working environment.
MODE OF APPLICATION
Applications should be accompanied with: –
An application letter.
Detailed Comprehensive Curriculum Vitae (CV)
Certified Copies of relevant certificates and awards.
Indicating your contact address such as telephone number(s) and email address(s) if available.
Names and full addresses of (3) referees.
CLOSING DATE OF APPLICATIONS WILL BE ON MONDAY OF 19th JULY 2024
Managing Director,
TIB Development Bank,
Mlimani City Office Park,
Sam Nujoma Road, Ubungo P.O.BOX 9373,
DAR ES SALAAM.