Latest Job Vacancy in Stanbic IBTC Bank Lagos

Job ID6406
Location Nigeria – Lagos
Division Personal and Business Banking
Position Category Sales & Marketing
Employment Type Full Time – Permanent
Shift No
Regulatory Approval Yes

Division Proposition
Work with Standard Bank and join a dynamic team of professionals proud to be voted the Best Bank in Africa for three years running. Our core values of service and innovation are at the heart of our business, and our global workforce benefits from our unique culture of empowerment and independence, enabling us to maintain competitive advantage in the world’s premier financial markets
Position Description
Accountable for acquisition of Commercial Banking clients. Offering clients all the Bank’s products, services and resources where appropriate in order to maximize the value of the business relationship and originate profitable solutions for the Bank and the Client.

• Core focus on proactively seeking new client acquisition opportunities with companies that fit within the Bank’s Commercial Banking criteria.
• To drive sales and raise awareness of the Banks Business Banking products to Commercial clients
• Liaising with the Banks product teams to provide customized product solutions based on an intimate knowledge of existing and future products.
• Effective credit analysis for prospects with lending potential, ensure such credits are booked and client is successfully handed over to the Commercial Banking Relationship Manager.
• Ensure that these deals are structured effectively to minimize the risk of the Bank and maximize returns
• Maximize customer relationship penetration and explore all future cross-sell opportunities before hand over to relationship managers.
• Build a robust client acquisition pipeline
• Arrange pitches and presentations for identified prospects and make such presentation.
• Understand the micro and macro economic factors affecting the clients and apply these insights into structuring solutions for prospects.
• Develop relationships and manage expectations across internal clients, such as credit and legal departments
• Ensuring compliance with Bank procedures and KYC guidelines to ensure good credit quality and security

• Volume of new business generated from new client acquisitions (Assets and Liabilities etc.)
• Number of new Commercial Banking clients acquired.
• Cross Sell Ratio of products per client
• Development of strong and fluid working relationships with related business units
• Control and manage risk by ensuring proper KYC and compliance with Banks procedures
• Minimize costs by ensuring appropriate pricing on all loans and accounts

• Ability to work under pressure
• Ability to identify potential clients and aggressively seek new business
• Understanding of the local commercial banking environment
• Capacity to find creative solutions to meet client needs
• Ability to sell a range of the Banks products
• Develop a solid pipeline of potential clients

• Principal line responsibility to the Head, Business Banking Acquisitions
• Also expected to report to Commercial Banking Suite Managers where necessary
• Relationship Commercial Banking Relationship Managers
• Establish good relationships with various Product teams, Credit, Legal, and branch network
• Relationship with regional and head office management
Required Skills and Qualifications
• Self motivated and enthusiastic
• ‘Hungry’
• Driven/results focused
• Excellent interpersonal skills
• Good communication skills: Written, verbal and face-to-face.
• Ability to work under pressure
• Commitment
• Willingness to develop in the role
• Integrity and honesty.
Required Competencies
• Understands the broader business environment in which they work from an industry, organisation, Business Unit and role perspective
• Sound knowledge of the banking policies and procedures
• Understanding of credit risk issues
• Strong selling skills

• Minimum of a BSC from any reputable higher institution
• Minimum of 6 years banking experience

Click here to Apply for Job


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