Head, Business Development at Interswitch Financial Inclusion Services Limited (IFIS)-Nigeria

Interswitch Financial Inclusion Services Limited (IFIS), is a newly established subsidiary joint venture between Beyond Branches, Growing Businesses Capital and Interswitch Limited. The Company was established to ensure increased agent activity in the delivery of financial and related value adding services outside the traditional channels, through additional financial access points within Nigeria and across Africa.

To support its objectives of growth and sustained profitability, IFIS is looking for result oriented, passionate, performance driven and innovative leaders to fill the Senior Management position below:

Job Title: Head, Business Development 

Ref: ES0098
Location: Nigeria

Job Description

  • Reporting to the Divisional CEO, the successful candidate will support business growth across all solutions and the achievement of IFIS revenue targets by articulating and managing the delivery of an effective sales plan.
  • A key component of this role will be to oversee and coordinate the day-to-day activities of the sales team and ensure sales and service targets are continuously achieved to deliver business results.
  • The role oversees both Corporate and Consumer segments of the business.

Key Responsibilities will be to:

  • Support the Divisional CEO in budget preparation and champion the delivery of the team’s budget.
  • Provide insights to the Divisional CEO to support the development of the Sales strategic plan and execution approach.
  • Oversee the generation of relevant market intelligence and feed this to the Divisional CEO towards crafting effective strategies to improve product market share.
  • Report all team activities on budget allocation and execution to the Divisional CEO.
  • Promptly flag off any risk or compliance issues likely to affect sales opportunities (existing/potential).
  • Liaise with regulatory bodies to facilitate approvals for IFIS requests and protect the interest of IFIS during formulation of regulatory policies.
  • Review set targets against actual with the Divisional CEO with respect to sales turnover and revenue generated using CRM.
  • Prospect for new opportunities and identify new profitable customers for IFIS products/Services.
  • Negotiate contract and payment terms with clients, review and prepare tenets of agreements/ MOU/NDA and work with Legal team to finalize and execute the contracts with clients.
  • Carry out research with existing clients to gather market intelligence in relation to the Organization’s products and services.
  • Work with other Group Heads to close any risks/compliance issues identified during the risk assessment and audit exercise.
  • Coach, challenge team members and work to ensure that they are empowered to deliver on agreed targets.
  • Prepare and submit weekly, monthly reports on sales activities to the Divisional CEO.

Key Requirements

  • A good first degree or its equivalent from a reputable institution.
  • A minimum of six (6) years’ relevant experience in the Sales /Marketing unit of a similar organization.
  • Possession of Certified Sales Professional qualification(s) will be an advantage.
  • Good Strategic thinking abilities, market research and information gathering.
  • Good Knowledge of payment and e-commerce products and services.
  • Strong business development skills.

Employee Value Proposition

  • IFIS provides a dynamic, flexible, and innovative environment for self-starters that are passionate and excited to shape the future.
  • IFIS also invests heavily in her employees by providing cutting edge training and development opportunities comparable with leading global payment processing firms.
  • Our reward packages are designed to meet the needs of our geographically diverse workforce. This includes: competitive compensation, annual performance bonus and profit sharing that rewards you for your individual contribution to our business targets and share ownership schemes which link your reward to IFIS’s longer term performance.
  • Successful candidates for this role will work in a multi-disciplinary team and will require good IT, sound interpersonal, communication and presentation skills, combined with excellent organisation and team working skills, a drive for excellence and a passion for success.

Application Closing Date
31st July, 2015.

How to Apply
Interested and qualified candidates should send their current curriculum vitae (prepared as a Microsoft Word document, and saved with your full names) to: please quote the reference number as the subject of your e-mail 

Note: All applications will be treated in strict confidence. Only short-listed candidates will be contacted.