Head of Business Division

Bank Category: Specialized Scheduled Bank

Position: Head of Business Division

Job Grade: SVP & Above

Age Limit: 40 65 Years

Job Type: Contractual

Contract Period: 03 Years

One of the Specialized Scheduled Bank is seeking an experienced and dynamic Head of Business Development to lead the banks growth initiatives. The ideal candidate should have a strong background in business development specially agriculture sector strategic planning and relationship management within the banking or financial services sector. This role is critical in driving the banks expansion identifying new business opportunities and strengthening existing client relationships. The Head of Business Development will be responsible for managing both the asset and liability sides of the banks operations digital financial services ensuring balanced growth recovery of NPL and profitability in line with the strategy of the bank.

Key Responsibilities:

Strategic Business Development: Develop and implement a comprehensive business development strategy that aligns with company longterm goals. Identify and prioritize new business opportunities including markets products and partnerships. Collaborate with senior management to ensure business development efforts are integrated with the banks overall strategic direction.

Market Research & Expansion: Conduct thorough market research and analysis to identify trends competitive landscape and customer needs. Explore and develop new business avenues with a focus on retail banking SME banking and cooperative banking particularly in the agriculture sector. Identify and pursue strategic partnerships that enhance the banks market presence and service offerings.

Asset & Liability Management: Oversee the growth and management of the banks asset portfolio including loans investments and other financial products. Develop strategies to grow the banks deposit base ensuring a balanced approach to asset and liability management. Monitor and manage funding sources and cost of funds to optimize profitability.

Client Relationship Management: Lead the development and maintenance of strong relationships with key clients partners and stakeholders. Ensure high levels of client satisfaction by delivering tailored solutions that meet their needs. Manage and expand existing client relationships to maximize retention and revenue growth.

Product Innovation & Launch: Collaborate with product teams to develop innovative banking products and services that meet market demands. Oversee the launch of new products ensuring effective marketing and adoption by target customers. Continuously assess the banks product portfolio making recommendations for enhancements or new offerings.

Team Leadership & Development: Lead mentor and develop the business development team to achieve sales targets and business objectives. Set clear performance goals provide regular feedback and ensure the team has the necessary skills and tools. Foster a culture of collaboration innovation and excellence within the team.

Financial Management & Reporting: Develop and manage the business development budget ensuring costeffective use of resources. Monitor and analyze the financial performance of business development initiatives providing regular reports to the CEO. Identify and address any revenue generation gaps recommending corrective actions as needed.

Compliance & Risk Management: Ensure all business development activities comply with relevant banking regulations and industry standards. Identify and mitigate risks associated with new business ventures including legal financial and operational risks. Collaborate with risk management and compliance teams to ensure thorough assessment and compliance.

Stakeholder Communication & Representation: Serve as the key point of contact for business development matters representing bank at industry events conferences and meetings. Communicate the banks business development strategy and progress to the Board of Directors CEO and other key stakeholders. Build and maintain strong relationships with external partners regulators and industry bodies.

Skills and Qualifications:

Masters degree in Business Administration Commerce Economics or a related field.

• Minimum of 10 years of experience in business development with at least 5 years in a leadership role within the banking or financial services sector particularly in the agriculture sector.
• Proven track record of driving business growth and achieving revenue targets.
• Strong knowledge of banking products services and market dynamics.
• Exceptional leadership communication and negotiation skills.

Ability to think strategically and execute effectively in a fastpaced environment.

Skills

Business Development Strategies Product Marketing Client Relations Management

Job Details

Industry: Banking/Financial Services

Functional Area: Sales & Business Development

Total Positions: 1 Post

Job Shift: First Shift (Day)

Job Type: Contract

Job Location: The Mall Lahore Pakistan

Gender: No Preference

Age: 40 65 Years

Minimum Education: Masters

Degree Title: Business Administration Commerce Economics

Career Level: Department Head

Minimum Experience: 10 Years