Merchant Business Manager

Maurice Xandra Solutions | Lagos, Nigeria

Full-Time Posted today 2 views

About the Role

Maurice Xandra Solutions is a premier management consulting firm specializing in human resources, management, and process improvement. We are currently recruiting a dynamic and results-driven Merchant Business Manager to lead our client's merchant banking operations in Nigeria. In this strategic leadership role, you will spearhead business growth, expand our SME customer base, and optimize payment solutions to drive profitability and market penetration.

Key Responsibilities
  • Develop and implement robust strategies to drive merchant banking growth, deposit mobilization, and loan disbursements.
  • Lead the aggressive acquisition of SMEs and medium-sized businesses to expand the merchant customer base.
  • Drive merchant account growth, POS terminal deployment, and active usage of digital payment solutions.
  • Design initiatives to increase merchant engagement, transaction volumes, and overall product adoption.
  • Manage merchant lending solutions while maintaining sound credit risk management and excellent portfolio quality.
  • Collaborate with cross-functional teams to enhance digital banking, payment gateway services, and transaction management solutions.
  • Monitor business performance against aggressive targets, including merchant acquisition, deposits, loans, POS usage, and profitability.
  • Ensure strict compliance with regulatory requirements, risk policies, and internal operational guidelines.

Qualifications
  • Bachelor's degree in Finance, Banking, Business Administration, or a related field; an MBA or relevant professional certification is a strong advantage.
  • Minimum of 8 to 10 years of robust experience in merchant banking, SME banking, or payment processing.
  • At least 5 years of demonstrated success in a senior leadership or management role.
  • Comprehensive knowledge of merchant banking products, digital payment ecosystems, and credit risk management.
  • Proven track record in business development, merchant acquisition, deposit mobilization, and loan portfolio growth.
  • Exceptional leadership, relationship management, negotiation, and strategic planning skills.
  • Strong commercial awareness with the ability to manage and exceed business performance targets.

Benefits
  • Competitive salary and performance-based incentives.
  • Comprehensive health insurance coverage.
  • Opportunities for professional development and career advancement.
  • A collaborative, dynamic, and high-performance work culture.

Skills

Merchant Banking SME Banking Payment Processing Credit Risk Management Business Development Deposit Mobilization Strategic Planning Relationship Management
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