Business Development Officer – Liabilities | LOLC Kenya Microfinance Bank – 2025

Business Development Officer – Liabilities | LOLC Kenya Microfinance Bank – 2025

ESSENTIAL JOB DETAILS

• Position: Business Development Officer – Liabilities
• Location: Kenya
• Job Type: Full-Time
• Industry: Banking and Financial Services
• Experience Level: Mid-Level (Minimum 2 years required)
• Education Requirement: Bachelor’s Degree or Diploma in Business-related fields
• Application Deadline: 15th March 2025
• Application Method: Email applications to LOLC Kenya HR

INTRODUCTION

LOLC Kenya Microfinance Bank, a subsidiary of LOLC Holdings, is offering an exciting opportunity for dynamic and goal-oriented professionals to join their expanding financial services team as Business Development Officers – Liabilities. This role is crucial in driving institutional liability growth, fostering new client relationships, and enhancing the deposit base. Candidates with strong sales acumen and expertise in SME banking and liability products will find this role both rewarding and impactful.

ABOUT LOLC KENYA MICROFINANCE BANK

LOLC Holdings is a globally recognized conglomerate that has successfully expanded into various high-growth sectors, including financial services, agriculture, construction, manufacturing, real estate, and technology. LOLC Kenya Microfinance Bank, a vital arm of this enterprise, is committed to empowering individuals and businesses by providing top-tier financial solutions tailored to meet market needs. The bank prides itself on innovation, strategic growth, and customer-centric financial products that foster long-term economic development.

KEY RESPONSIBILITIES

• Increase institutional liability base by actively sourcing new deposit accounts and expanding existing portfolios.
• Open and manage profitable, non-borrowing accounts, ensuring compliance with banking regulations.
• Act as the primary contact point for liability products and deposit-related client inquiries.
• Provide expert guidance to internal teams on liability product offerings and banking solutions.
• Cross-sell relevant financial products to the existing and managed customer base, maximizing revenue opportunities.
• Execute marketing initiatives and promotional campaigns aimed at boosting the liability business segment.
• Collaborate with the Business Development team to align banking strategies with institutional goals.

QUALIFICATIONS AND SKILLS

• Minimum of 2 years’ experience in financial services, particularly in SME Banking and Liability Sales.
• A Bachelor’s Degree or Diploma in Business-related fields such as Commerce, Finance, Accounting, or Economics from a recognized institution.
• Strong knowledge of general liability products, financial instruments, and banking regulations.
• Goal-oriented mindset with a demonstrated ability to achieve corporate targets.
• Excellent stakeholder management skills, with the ability to build and maintain client relationships.
• Exceptional interpersonal and communication abilities, fostering a collaborative work environment.
• Adherence to organizational values and ethical banking practices.

COMPANY CULTURE AND VALUES

At LOLC Kenya Microfinance Bank, we uphold a culture of integrity, professionalism, and customer-centric service. Our core values emphasize:

• Innovation – Adapting to market trends and offering forward-thinking financial solutions.
• Growth-Oriented Mindset – Encouraging employees to achieve both personal and professional development.
• Collaboration – Teamwork-driven success to ensure business excellence and customer satisfaction.
• Accountability and Transparency – Upholding high ethical standards in all financial dealings.

HOW TO APPLY

Qualified and interested candidates are invited to apply via email by 15th March 2025.

Send your application to: LOLC Kenya HR with the subject line “Application for Business Development Officer – Liabilities”.

Ensure that your application includes:

• A detailed CV highlighting relevant experience and achievements.
• A cover letter explaining why you are the ideal candidate for the role.
• Any additional supporting documents (e.g., certifications, professional references).

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FINAL REMARKS

This opportunity at LOLC Kenya Microfinance Bank is ideal for professionals eager to contribute to a leading financial institution while enhancing their career in SME banking and liability sales. If you meet the qualifications and seek a dynamic work environment, apply today!