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Merchant Business Manager
About this role
A management role for a Merchant Business Manager at Maurice Xandra Solutions in Lagos. The position focuses on growing merchant banking activities, including deposits, loans, and merchant acquisitions, with emphasis on SMEs and payment solutions. The role requires leading teams to expand the bank's merchant customer base, drive POS deployment and usage, and improve digital banking and payment services. The employer provides management consulting in HR, process improvement and related services, and seeks someone with substantial experience in merchant banking or payment processing. The role involves ensuring regulatory compliance, risk management, and monitoring performance against targets while collaborating with internal teams.
What you would do
- Develop and implement growth strategies for merchant banking, deposits and loan disbursements.
- Lead acquisition of SMEs and medium-sized businesses to expand the merchant base.
- Drive merchant account growth, POS deployment and active usage of payment solutions.
- Create initiatives to increase merchant engagement, transactions and product adoption.
- Promote merchant lending solutions while maintaining credit risk and portfolio quality.
- Collaborate with internal teams to improve digital banking, payment gateway services and transaction management.
- Identify opportunities to expand merchant deposits, lending and other banking services.
- Monitor performance against targets for merchant acquisition, deposits, loans, POS usage and profitability.
- Ensure compliance with regulatory requirements, risk policies and operational guidelines.
- Oversee and review business performance to support achieving targets.
What they are asking for
- Bachelor's degree in Finance, Banking, Business Administration or related field.
- MBA or relevant professional certification is an advantage.
- 8 to 10 years of experience in merchant banking, SME banking or payment processing, with at least 5 years in a leadership role.
- Strong knowledge of merchant banking products, digital payment solutions and credit risk management.
- Proven ability to drive business development, merchant acquisition, deposit mobilisation and loan growth.
- Excellent leadership, relationship management, negotiation and strategic planning skills.
- Strong commercial awareness and ability to manage performance against targets.
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