Company Info
Large organization
200 + Employees
The Development Bank of Nigeria (DBN) was conceived by the Federal Government of Nigeria (FGN) in collaboration with global development partners to address the major financing challenges facing Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria.
The Development Bank of Nigeria (DBN) was conceived by the Federal Government of Nigeria (FGN) in collaboration with global development partners to address the major financing challenges facing Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria. Our objective is to alleviate financing constraints faced by MSMEs and small Corporates in Nigeria through the provision of financing and partial credit guarantees to eligible financial intermediaries on a market-conforming and fully financially sustainable basis.
1). Credit Risk Assessment Officer – Direct Lending
Location: Abuja
Department: Risk Management
Job Objective and Summary
- Support the direct lending activities of the Bank by ensuring strict adherence to the Bank’s credit policy and risk appetite, and that risk management principles are effectively integrated into the lending process.
- Coordinate and ensure prompt and adequate identification, assessment, treatment, monitoring and reporting of credit risk, particularly, the non-regulated financial institutions in emerging channels such as FinTechs, MFIs, Financial NGOs, Digital Lending and other retail lending partners and platforms.
- Review the credit appraisal of the Potential Obligors presented by Credit Operations department and ensure that the Risk Acceptance Criteria are met, and that the obligors are rated in line with the credit policy manual, including implementing the Environmental and Social Risk Management (E & SRM) Policy of the Bank and monitoring compliance by the Obligors to the Bank`s E & SRM Policy.
- Conduct onboarding and Annual Due Diligence, and ensuring that disbursement processes comply with both direct lending and environmental & social risk management (E&S) frameworks.
Core Responsibilities and Key Result Areas
Risk Management Functions:
- Monitor compliance with all applicable policies and procedures, particularly, the Direct Lending Framework, the Credit Policy Guide and the ESRM Policy.
- Support the HRAR in developing risk models, credit rating frameworks, and limits for the Bank’s direct lending operations.
- Support the creation and implementation of risk measures, adapting to emerging risks in direct lending and MSME sectors.
- Proactively identify emerging and systemic risk issues within the non-regulated financial institutions which might adversely affect the going concern status of the Bank.
- Identify potential risks related to non-regulated financial partners and propose risk mitigation strategies.
- Regularly review the performance of financial partners and ensure compliance with the Bank’s risk policies, including environmental and social risk factors.
- Engage with regulators, rating agencies, auditors, and other external stakeholders (including development partners) to ensure compliance and transparency.
- Support the development of the annual Credit Portfolio Plan and monitor its implementation, including regular review of the plan when necessary.
Effective Credit Risk Management:
- Conduct thorough eligibility and due diligence assessments of new direct lending partners, and validate the outcome of the due diligence with available metrics and information.
- Support the conducting of impact assessments of the Bank’s Direct Lending framework being implemented in collaboration with other stakeholders and recommend review where necessary
- Monitor the credit performance of the non-regulated financial institutions and flag any deterioration in credit quality, including identifying early warning signs of credit deterioration.
- Implement proactive risk mitigation strategies, including restructuring or recovery actions when necessary.
- Develop credit risk reporting tools, dashboards, and regular risk analytics for decision making.
- Conduct periodic portfolio stress testing and scenario analysis.
- Assist in the development of a policy repository for risk management, serving as a central resource for both internal and external stakeholders.
- Support the periodic Due Diligence Review of all existing borrowers that have drawn on their lines and independently report on their continued eligibility as obligors.
- Monitor compliance with collateral management policy.
- Review drawdown request of approved lines as presented by Operations and ensure that all conditions precedent to drawdown are met.
- Prepare regular reports to MCC & BCRC.
Effective Implementation of E & S Risk Management:
- Ensure compliance with the Environmental and Social Risk Management (ESRM) policies.
- Support the implementation of the ESMS Policy and recommend review where necessary
- Screen all end-borrowers in line with the E & S Rating model and recommend remediation action for end-borrowers with high E & S risk
- Support the preparation of regular updates to Development partners on level of implementation of ESRM policy.
Key Performance Indicators
- Effectiveness of communication of risk management strategies across the Bank
- Credit Approval Turnaround Time: Efficiency in evaluating and approving loan applications.
- Number of unresolved audit (internal & external) queries
- Portfolio Quality: Non-Performing Loan (NPL) ratio within acceptable limits
- Percentage of risk issues exceeding defined risk tolerance without action plans
- CBN rating of Risk Management of the Bank
- Early Warning Detection: Percentage of loans flagged for early risk mitigation
- Risk Reporting Accuracy: Timeliness and quality of credit risk reports.
- Number of observed exceptions by the Development Partners on implementation of ESRM Policy
- Turnaround time in meeting reporting deadlines for Reports (MCC, BCRC)
- Outcome of customer satisfaction survey
- Level of compliance with the Bank’s Risk Appetite.
- Adherence to the Bank’s risk appetite in direct lending channels.
Qualifications
Educational Qualifications:
- A Bachelor’s Degree in Accounting, Banking & Finance, Economics, Business Administration or any Social Sciences related discipline.
Professional Qualifications:
- Membership of any recognized professional certification such as RIMAN, PRMIA, RMP, ACCA, or any related certification is an added advantage.
Experience Qualifications:
- A minimum of 5 years working experience in Commercial and Corporate Banking Credit Risk Management is required within a financial services institution.
Competencies
Knowledge:
- Understanding of banking laws and policies
- Knowledge of risk management procedures and policies.
- Working knowledge of credit rating models.
- Familiarity with regulatory requirements and operational risk in financial services
- In-depth understanding of credit risk management in Retail, Commercial and Corporate Banking Portfolios.
- Knowledge of regulatory frameworks governing MSME lending and credit risk management.
Technical Competencies:
- Meeting Facilitation skills
- Working knowledge of P/C productivity tools such as Microsoft Word, Excel, PowerPoint etc.
- Excellent written and oral communications Skills
- Excellent organizational and coordination skills
- Excellent analytical skills
- Demonstrates expertise in risk management systems, risk analysis and control.
- Proficiency in risk analytics, credit scoring models, and data-driven risk assessment tools.
Behavioural Competencies:
- Problem solving
- Resilience and Tenacity
- Integrity
- Strong communication skills
- Team work
- Conflict management
- Responsiveness
- Industry Knowledge
- Sound managerial and leadership ability
- Administrative ability
- Ability to work independently and in a team-oriented environment.
Application Closing Date
4th April, 2025.
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2). Corporate Communications & Branding Officer
Location: Abuja
Department: Corporate Services
Job Objective and Summary
- Provide internal and external communications support to the Corporate Communications & Branding Unit.
Core Responsibilities and Key Result Areas
- Support the Corporate Communications Unit in the creation and implementation of public awareness, audience perception campaigns, internal communications, and employee engagement campaigns, including special projects.
- Support the media relations team in answering and responding to press enquiries which will include drafting statements and press releases.
- Assist the digital team in the development of social media and digital channels, including uploading data for the website and intranet, producing content to provide direct communication to our people, public and partners.
- Support the Unit in organizing, planning, and running events including press briefings/conferences, staff engagement events and public events, including other notable days.
- Support by disseminating communications requests as appropriate coming into the department via central inboxes or phone lines to ensure a timely and appropriate response.
- Support the daily tasking process by recording actions, chasing updates, and completing individual tasks to facilitate the appropriate response to enquiries as it relates to our people, or other stakeholders.
- Support the research, insight and evaluation of the Communications officer in the performance of his/her role, including assisting with the commissioning of primary research such as audience surveys, focus groups and interviews to inform communication strategies, evaluate activity and monitor effectiveness of communications channels internally and externally.
- Manage the company’s social media profiles and online presence, ensuring consistent and positive messaging.
- Track engagement metrics and identify opportunities to improve online communication strategies.
- Collaborate with digital marketing teams to optimize social media content and website messaging.
- Coordinate internal communications to ensure employees are informed and engaged with company updates, announcements, and initiatives.
- Create and distribute internal newsletters, memos, and reports to enhance employee engagement.
- Work closely with HR and other departments to ensure a cohesive communication approach across the organization.
Key Performance Indicators
- Consistency in the deployment of internal & external communication
- 100% full utilization of the Bank’s ICT platforms
- Level of brand compliance to the Bank’s policy
- Good interpersonal skills with the ability to work with people at all levels of the organization
- Strong team player with the ability work under pressure
- Social Media Growth: Track growth in followers, likes, shares, and comments across social media platforms.
- Engagement Rate: Measure engagement rates (likes, shares, comments) on posts relative to audience size.
- Website Traffic: Monitor traffic to the company website as a result of communication campaigns or press releases.
- Content Performance: Track which types of content (blog posts, social media updates, videos) generate the most engagement and optimize accordingly.
- Proven ability to contribute creative ideas to the team in campaign planning and creation of digital content.
- Experience of working with the media.
Qualifications
Educational Qualifications:
- A good First Degree in Social / Management Sciences or any related discipline.
- Professional Qualifications: Relevant professional certification
- Experience Qualifications: Minimum of 2 years’ cognate experience in a bank or other financial institution.
Competencies
Knowledge:
- Knowledge of trends in the financial services industry
- Knowledge of relationship/stakeholder value and management practices
- Knowledge in budget and cost management
- Policy Development/Implementation.
Technical Competencies:
- Negotiation
- Excellent written and verbal skills
- Strong interpersonal skills
- Brand management
- Marketing and advertising
- Project management
- Excellent communication / presentation skills
- Desktop publishing and computer proficiency
- Above average skills in design (Corel, Adobe and/or Photoshop).
Behavioural Competencies:
- Integrity and discretion
- Initiative / Proactive
- Entrepreneurship
- Organization and coordination skills
- Analytical Skills
- People/ Relationship Management
- Team building / conflict management.
Application Closing Date
4th April, 2025.
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3). Information Technology Officer
Location: Abuja
Department: Corporate Services
Job Objective and Summary
- To implement IT Strategies necessary to streamline IT operation, provide support for the alignment of the IT strategy with the Bank’s strategy; provide expertise and manage resources for a cost-effective technology implementation.
- Ensure continuous development and implementation of the Bank’s technology requirements and needs.
Core Responsibilities and Key Result Areas
Business Analysis and Support:
- Provide business analysis and requirements gathering support for end-users.
- Manage Service Level Agreement (SLA) with application service providers.
- Actively manage the timely resolution of outstanding defects or Issues impacting the business.
- Support the preparation of key presentations and other documents.
Enterprise Architecture, Programs and Project Management:
- Define and maintain the DBN enterprise architecture.
- Implement the DBN Digital Strategy and document changes to the current state assessment of the enterprise.
- Manage Programs and Projects related to IT and provide Management reports.
- Define and provide periodic report on Return on Investment (ROI) in IT.
- Technical Architecture Planning, Design and Development
- Manage change.
Quality Assurance & Testing Coordination:
- Handle and implement requests for application customizations.
- Provide end-user support and training.
- Investigate user problems, identify root causes, determine possible solutions, test, and implement solutions.
- Any other duties may be assigned by Head, Information Technology.
Application Development and Support:
- Functional support of the Core Banking system, other enterprise applications and interdependent interfaces.
- Configuration, patches, update and upgrade management of the Core Banking system, other applications, and interdependent interfaces.
- * Provide support for the integration of the Core Banking system with other interconnected applications.
Key Performance Indicators
- Number of automated processes
- Uptime of integration interfaces
- IT project delivery on time and within budget
- Percentage of emergency changes and change requests completed on time.
- Percentage of IT costs accounted for
- Time to complete IT service continuity management plan.
- The percentage of release moved to production on time.
Qualifications
Educational Qualifications:
- A Bachelor’s Degree in Information Technology, Computer Sciences / Engineering, Systems Engineering or any related discipline.
Professional Qualifications:
- MCSA or MCSE.
- TOGAF or any Enterprise Architecture certificate will be an advantage.
- Cisco or NSE
- Prince 2 or PMP will be an advantage
Experience Qualifications:
- Minimum of 4 years working experience in an IT role with strong focus on process automation and testing.
- 2 Years should have been in application development and support functions.
Competencies
Knowledge:
- Strong understanding of IT operating systems and cloud solutions
- Knowledge of enterprise architecture and project management practices
- Knowledge of business process automation tools and methodology
- Adequate knowledge of information and knowledge management.
Technical Competencies:
- Knowledge of different programming languages including C# and MS Visual Basic
- Demonstrates expertise in Application development and support
- Excellent writing and oral communications skills.
- Sound business analysis and technical documentation skills.
- Sound business analysis and technical documentation skills.
- Excellent organizational and co-ordination skills
- Expertise in Enterprise Architecture, IT strategy Management, Program and project management.
- Good knowledge on the use of cloud solution, MS Azure, AWS.
Behavioural Competencies:
- Problem Solving
- Resilience and Tenacity
- Integrity
- Strong communication skills
- Teamwork
- Responsiveness
- Administrative ability
- Strategic Orientation.
Application Closing Date
4th April, 2025.
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4). Business Development & Relationship Manager – Direct Lending
Location: Lagos
Job Objective and Summary
- Develops and implements strategies to ensure onboarding of new PFIs under the direct lending model and maintains excellent day-to-day relationships with existing ones to achieve organizational goals.
- The principal objective of the role is client relationship management, business development, client acquisition, industry analysis, risk monitoring and mitigation.
Responsibilities and Key Result Areas
- Initiates and develops relationships with select Direct Lending (DL) partners for business growth.
- Manages information flow between PFIs (DL Partners) and the Bank.
- Monitors and reports on the performance of all Direct Lending loan products, schemes and investments managed by the Bank, against monthly/quarterly/annual plans.
- Develops and implements efficient and effective customer service framework/guidelines.
- Identify potential domestic DL partners based on maturity, market share, and alignment to MSMEs.
- Work with identified aggregators across different sectors including but not limited to Agribusiness, FMCG, etc to channel funding to MSMEs.
- Explore partnership opportunities with DL entities including business model and form/terms of capital required.
- Accelerate the feasibility of providing direct lending to MSMEs through select impact-based entities with focused presence in our underserved regions.
- Drive increased MSME count achievement of the BDRM portfolio through the DL space with aggressive focus on Youth, Gender, first time access and start ups
- Work with other BDRMS specifically Fintech BDRM to develop app based digital loans (where required) to MSMEs through identified DL entities.
- Negotiate, execute and implement partnership agreement(s) with DL partners.
- Support multiple DL partners post-onboarding including pro-active engagement, identifying, and tracking any issues for resolution.
- Ensure the framework for serving and Funding the Direct Lending space is updated in line with industry developments to ensure its adaptability to market
- Provide support for due diligence process by ensuring clear and timely communication to DL partners for optimal compliance and Risk management outcomes.
- Ensure compliance of on-board DL partners with the Bank’s policies and any such policies or regulations that may arise from regulatory partners.
- Responsible for achieving business development targets for DL space.
- Stays abreast of recent industry trends, identifies market opportunities, and develops customer relevant propositions that drive key measures such as market share, revenue, profit, and brand health.
- Develops and maintains detailed business plans for client projects.
- Conduct regular meetings, provide updated progress reports and maintain notes & follow up priorities and tasks for effective management/penetration of the DL partnerships.
- Works with management in developing timely solutions based on clients’ requirements.
- Conducts business reviews with clients on periodic basis.
- Contacts and follows-up on qualified lead to new opportunities.
- Addresses customer issues/concerns in an accurate and timely manner.
- Works closely with DL partners to understand their business needs and to explore opportunities for growth.
- Provides business advice and consultancy in an effective manner.
- Maintains strong knowledge of the Bank’s products, pricing, policies etc., to educate clients on benefits.
- Identifies present and future business development opportunities with new and existing DL partners.
- Maintains strong relationship with existing DL partners for business retention.
- Maintains security and confidentiality of client information.
Key Performance Indicators
- Contribution to Bank’s PBT
- Non-Performing Loan Ratio
- Volume of new loans disbursed under the DL proposition.
- Total count of loans disbursed to DL partners.
- Number/percentage of first-time accessors of Bank loan.
- The number of new DL partners onboarded and disbursed to.
- The total number of partners disbursed within the year.
- Number of MSMEs/End borrowers reached.
- Gender Empowerment (percentage of total MSMEs impacted that are female owned)
- Youth Empowerment (percentage of total MSMEs impacted that are owned by Youth – aged 35 years and below)
- Total disbursement to Start-up businesses.
- Number of errors detected on the Activity Reports to Management
- Cycle time to evaluate requests received.
- Promptness in submitting acceptable monthly report.
- Rate of non-compliance with operational guidelines observed by auditors.
- Number of complaints from external customers
- Number of administrative lapses observed.
- Quality of reports produced
Qualifications
Educational Qualifications:
- A Bachelor’s Degree in Economics, Business Administration, Banking and Finance, Accounting, Finance and Administration or any related field
- A post graduate Degree in Business or Development Finance related field or Management is an added advantage.
Professional Qualifications:
- Any professional Membership is an added advantage.
Experience Qualifications:
- Minimum of 5 years work experience in a financial institution/development agency is required.
Competencies
Knowledge:
- Good working knowledge of financial procedures and applications
- Understanding of banking practice and related policy issues, their implications, and applications
- Knowledge of credit administration, operations, and management
- Knowledge of risk management
- Deep understanding of the financial industry and emerging developments/opportunities.
Technical Competencies:
- Meeting Facilitation skills
- Demonstrates expertise in Budget and cost management.
- Application of P/C productivity tools such as Microsoft Word, Excel, PowerPoint etc.
- Excellent written and oral communications Skills
- Excellent organisational and Coordination skills
- Expertise in formulation and implementation of credit policies and regulations
- Expertise in credit administration/ supervision
- Excellent analytical skills
- Expertise in credit analysis and appraisal
- Expertise in loans administration / account management.
Behavioural Competencies:
- Strategic orientation
- Teamwork
- Motivation
- Results orientation
- Interpersonal relationship Ability
- Action planning
- Creativity/Innovation
- Responsiveness
- Sound managerial and leadership ability.
- Excellent Administrative ability.
Application Closing Date
4th April, 2025.
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5). Business Development & Relationship Manager – Permanent Capital Vehicles
Location: Lagos
Job Objective and Summary
- To manage business relations with Permanent Capital Vehicles (PCVs) that are focused on MSMEs and whose business models align with DBN’s mandate.
- This will include on-boarding and lending to the PCV firms, portfolio expansion to target market, providing support in developing products, frameworks and propositions to increase lending and impact of DBN funding to PCVs, monitor portfolio performance, and Develop strategic partnerships with Key stakeholders to enhance DBN’s activities via the PCV channel.
Core Responsibilities and Key Result Areas
- Identification and On-boarding of permanent capital vehicle firms with a sizeable MSME portfolio, whose activities align with DBN’s mandates of sustainability and impact.
- Responsible for achieving business development targets for the PCV business.
- Manages communication between DBN and its PCV client relationships.
- Drafts Credit Approval Memorandums for PCV loan requests.
- Addresses customer issues/concerns and works with management to develop timely resolutions.
- Support the development of products and offerings, terms and conditions and deal contracts for the Permanent Capital Vehicle portfolio.
- Lead efforts for the review / refinement of the PCV lending framework covering the entire permanent capital vehicle Investment value chain (Screening, Acquisition, Lending, Monitoring and Exit) to guide DBN’s engagements with permanent capital vehicle firms in line with market realities.
- Provide VC Funding: Anchor Limited Partnerships (LP) through VCs and monitor scalability over time
- Develop a sub-strategy for the provision of venture capital considering the stage of intervention (seed capital, early stage or late stage) and form of participation (fund of funds, direct co-investment with other investors, venture debt)
- Conduct Market Engagements & Identify potential PCV fund Managers to manage the PCV scheme.
- Targeted selection of MSMEs with focus on DBN impact areas such as Start Ups, Youth, Gender, First time access, Green and presence in underserved states for PCV funding
- Aggressively ramp up DBN’s impact disbursement value/count for Youth and startups through the PCV space.
- Work with risk management in the periodic review of the risk management framework and KRIs of the bank to guide the management and mitigation of risks associated with permanent capital vehicle business relationships.
- Working with compliance, review regulatory frameworks to ensure alignment of DBN’s proposed engagement strategy with identified regulatory frameworks.
- Conduct Knowledge sharing sessions to support capacity-building of internal stakeholders as regards the required skill set for DBN’s efficient management and expansion of the PCV portfolio.
- Organize customer engagement sessions for the PCV client relationships to communicate new developments and opportunities at DBN.
- Review and report on the PCV portfolio performance and provide recommendations for strengthening business operations and/or reducing risk.
- Conduct research in line with DBN’s strategic direction and provide recommendations to identify and determine DBN’s engagements with the PCVs.
- Participate in trade shows, exhibitions and supports event activities to increase the Bank’s visibility and outreach.
- Develop and implement efficient and effective customer service framework/guidelines.
Key Performance Indicators
- Number of PCVs on-boarded.
- Volume of disbursements to PCVs.
- Count of end-beneficiaries of PCV disbursements.
- Revenue generated from PCV portfolio.
- Contribution to Bank’s PBT
- Non-Performing Loan Ratio
- Number/percentage of first-time accessors of Bank loan.
- Gender Empowerment (percentage of total MSMEs impacted that are female-owned)
- Volume & Count of youth disbursements (percentage of total MSMEs impacted that are youth)
- Volume & count of disbursements to Start-up businesses (percentage of total MSMEs that are start-ups)
- Market research, and stakeholder engagements.
- Rate of non-compliance with operational guidelines observed by auditors
- External customer satisfaction surveys.
- Internal stakeholder rating.
Qualifications
Educational Qualifications:
- A Bachelor’s Degree in Economics, Business Administration, Banking and Finance, Accounting, Finance and Administration or any related field or a post graduate Degree in Business, Development Finance or related field.
- Post graduate degree in business or development finance related field or management is an advantage.
Professional Qualifications:
- Membership of a professional business-related institute such as ICAN, CIMA, CPA, CIBN etc. is an advantage.
Experience Qualifications:
- A minimum of 5 years’ experience working with financial institutions with a minimum of 3 years in investments, private equity /venture capital, structured finance, etc.
- In emerging markets or in Nigeria with knowledge and experience in working with the regulatory framework for permanent capital vehicles.
- Past experience working in a Business Development role.
Competencies
Knowledge:
- Competence in Private Equity & Venture Capital business operations.
- Knowledge of financial management, Structured finance and Development Finance.
- Should be conversant with permanent capital vehicle standard operations and global best practice.
- Working knowledge of financial procedures and applications
- Understanding of banking practice and related policy issues, their implications and applications
- Knowledge of credit administration, operations and management
- Knowledge of risk management.
Technical Competencies:
- Meeting Facilitation skills
- Application of P/C productivity tools such as Microsoft Word, Excel, PowerPoint etc.
- Excellent written and oral communications Skills
- Excellent organisational and Coordination skills
- Working Knowledge of credit administration/ supervision
- Excellent analytical skills
- Working knowledge of credit analysis
- Financial analysis proficiency
- Working knowledge of loan administration / account management
- Working Knowledge in managing & raising funds for Fintechs or past experience in a PCV firm.
Behavioural Competencies:
- Strategic orientation
- Teamwork
- Motivation
- Results orientation
- Interpersonal relationship Ability
- Action planning
- Creativity/Innovation
- Responsiveness
- Excellent Administrative ability
- Innovation
- Attention to details.
Application Closing Date
4th April, 2025.
How to Apply: Interested and qualified candidates should send their Resume to: [email protected] using the job title as the subject of the mail.
