Development Bank of Nigeria PLC

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DBN promises a world of opportunities from entry level to Senior Management level.


At the Development Bank of Nigeria, we provide you with the platform to achieve your goals while impacting your community. We are looking for competent and confident people who share our vision to take up these rewarding opportunities. Take the next step in your career.


Our recruitment philosophy is to attract, develop, motivate and retain a cohort of highly qualified professionals designed to meet the unique challenges and goals of the Bank.


In light of its specialized mandate, DBN shall treat its staff as its most important assets.



Current Vacancies (3)


Job Objective and Summary

Supports the development and implementation of strategies to ensure onboarding of new Participating Financial Institutions (PFIs) – Micro-Finance Banks (MFBs) & Other Financial Institutions (OFIs). Maintains excellent day-to-day relationships with existing PFIs (MFBs & OFIs) to achieve organizational goals. The principal objective of the role is client relationship management, business development, client acquisition, industry analysis, risk monitoring and mitigation. The role reports to the Business Development & Relationship Manager – MFBs & OFIs.


Core Responsibilities

Business Development & Relationship Management

• Initiates and develops relationships with Micro Finance Banks & Other Financial Institutions (MFBs & OFIs) for business growth.

• Manages information flow between PFIs (MFBs & OFIs) and the Bank.

• Monitors and reports on the performance of all MFBs & OFIs’ loan products, schemes and investments managed by the Bank, against monthly/quarterly/annual plans.

• Provides support in the development and implementation of efficient and effective customer service framework/guidelines

• Supports the achievement of business development targets for a segment of the market.

• 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.

• Works with the Business Development & Relationship Manager in developing timely solutions for client requirements.

• Conducts business reviews with clients on periodic basis.

• Contacts and follows-up on qualified MFBs & OFIs for new opportunities.

• Addresses customer issues/concerns in accurate and timely manner.

• Works closely with MFBs & OFIs to understand their business needs and to explore opportunities for growth.

• Provides business advice and consultancy to PFIs (MFBs & OFIs) in an effective manner.

• Maintains strong knowledge of Bank’s products, pricing, policies etc, so as to educate clients on benefits.

• Identifies present and future business development opportunities with new and existing PFIs.

• Maintains strong relationship with existing PFIs (MFBs & OFIs) for business retention.

• Maintains security and confidentiality of client information.





• 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


Technical Competencies:

• Meeting Facilitation skills

• Good understanding of budget and cost management

• Application of P/C productivity tools such as Microsoft Word, Excel, PowerPoint etc.

• Excellent organisational and coordination skills

• Proficiency in the formulation and implementation of credit policies and regulations

• Proficiency in credit administration/supervision

• Excellent analytical skills

• Excellent credit analysis and appraisal skills

• Demonstrated competence in loans administration/account management

• Excellent communication skills (Oral & Written)


Behavioural Competencies:

• Teamwork & collaboration

• Motivation

• Results orientation

• Interpersonal relationship ability

• Action planning

• Creativity/Innovation

• Responsiveness

• Excellent administrative ability




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:

Membership of a professional business-related institute such as ICAN, CIMA, CPA, CIBN etc. is an added advantage.



Minimum of 3 years working experience in a financial institution /development agency is required.


Interested and qualified candidates should apply by forwarding their updated resumé and covering letter to with the subject “Application for BDRM Officer Role – Candidate Name”. Application deadline is December 02, 2022.



Job Objective and Summary

The Legal Officer provides effective legal services and compliance advice to the institution (including its subsidiary) in the most efficient manner. He/She provides support in the delivery of corporate governance and regulatory compliance responsibilities. The role reports to the Company Secretary/Legal Adviser.


Core Responsibilities

Provision of Legal Advice

• Provides assistance in the management of relationship with specialist external legal firms and practitioners, as required.

• Transfers files to external lawyers and monitors performance.

• Reviews and ensures updates to the Bank’s documents as needed.

• Participates in collaboration with the Legal Adviser, legislative and regulatory changes or developments that might affect the institution’s operations or Board activities, and ensures briefing of the Board to aid informed decisions.

• Analyses formal complaints against the Bank/its subsidiary and provides advice on measures of action.

• Ensures that proper legal consultations are provided to departments / units.

• Conducts review on texts of standard contracts, agreements and forms.

• Assists with the registration of agreements for submission to ministries, governmental departments, relevant administrations and agencies.

• Prepares Memorandum of Understanding, bills and statutes on administrative matters and conduct research on appropriate emerging legal issues.

Meetings and Representation

• Provides representation to the Bank in ensuring the efficient handling and winning resolution of all negotiations and disputes.

• Participates in meetings with clients and concerned parties to discuss related legal matters.





• Understanding of legal issues including governance and legal compliance

• Understanding of the financial services industry policies and principles/p>

• Knowledge of customer service principles and practices

• Knowledge of conflict management

• Knowledge of administrative laws

• Understanding of ethical rules and laws


Technical Competencies:

• Demonstrates expertise in negotiation, arbitration and contracts

• Demonstrates expertise in providing advice at Board/Top Management level

• Demonstrates expertise in dispute resolution

• Expertise in the application of principles and instruments of Company Law

• Excellent communication skills (Oral & Written)


Behavioural Competencies:

• Problem-solving/decision making ability

• Creativity

• Ability to perform multiple tasks

• Teamwork, collaboration and networking skills

• Accuracy and attention to details




Educational Qualifications:

A bachelor’s degree in Law

Possession of a Post graduate qualification (i.e. LLM) is an added advantage


Professional Qualifications:

Membership of the Nigerian Bar Association is required.



Minimum of 3 years post call cognate experience in a financial regulatory environment is required.


Interested and qualified candidates should apply by forwarding their updated resumé and covering letter to with the subject “Application for Legal Officer Role – Candidate Name”. Application deadline is December 02, 2022.



Job Objective and Summary

The Financial Analyst provides high quality analysis of the Bank’s financial activities to ensure availability of critical information for decision making within the Bank. He/She carries out financial processing of transactions and generates journals, trial balance, financial statements and other reports. The role reports to the Head, Finance & Accounts.


Core Responsibilities

Financial Policies and Control

• Coordinates finance policies and processes, updates and ensures withdrawal of outdated policies and processes

• Collates feedback and evaluates information on financial control lapses from various sources

• Liaises with the relevant teams to organize workshops and other communication aimed at promoting Financial Control awareness

Financial Transaction Processing

• Processes all financial transactions of the Bank in line with the Financial Management manual

• Prepares accurate and timely journal entries in support of all financial transactions

• Prepares daily activity records and Bank’s financial position

• Posts duly approved entries in Bank’s core banking application and generates the trial balance

Financial Data Analysis

• Calculates and analyses trends in line with the Bank’s strategic objectives

• Prepares and evaluates financial projections - income statements, balance sheet, cash flow and key ratios

• Prepares yield and cost reports of assets and liabilities

• Conducts financial and economic analyses of customers, projects and initiatives to assess profitability and performance

• Collects and analyzes all financial data and appropriate performance indicators to ensure optimal balance sheet management

• Analyses prudential and regulatory ratios and reports on compliance with set thresholds

Financial Reporting

• Prepares monthly and quarterly financial statements and analysis

• Generates financial ratios between current and prior year values in the Balance Sheet, Income and Cash Flow Statements

• Conducts review on historic performance and prepares report on financial trends and financial statement analysis

• Reviews and reports on the alignment of proposed capital expenditure for initiatives with the Bank’s objectives/performance targets as well as perform cost-benefit analysis

• Assists with the provision of financial recommendations and advice to the management

• Provides financial expertise to teams in charge of activities at the various stages of project cycle, namely identification, preparation, appraisal, implementation and completion

• Reviews financial records and audit reports of on-lending accounts in order to advise on the allocation and monitoring of on-lending funds.





• Knowledge of financial services industry

• Knowledge of accounting standards and regulations (GAAP/IFRS etc.)

• Working knowledge of financial control and analysis

• Knowledge of relevant banking applications

• Knowledge of controls and risk management

• Knowledge of cash-flow and financial modelling

• Knowledge of local and international economic and development issues


Technical Competencies:

• Expertise in Financial & Management Accounting

• Expertise in research, data gathering and numerical analysis

• Demonstrates expertise in Financial Analysis & Interpretation and reporting

• Excellent communication skills (Oral & Written)

• Expertise in technical financial report writing.


Behavioural Competencies:

• Mentoring and Coaching Skills

• Analytical/Problem Solving Skills

• Team management

• Strategic Thinking/Orientation

• Interpersonal Skills

• Organisation Skills

• Teamwork, collaboration and networking skills.

• Multi-tasking ability.

• Accuracy and attention to details.




Educational Qualifications:

A bachelor’s degree in Finance, Accounts or any Social Management Sciences or Business-related discipline.

A post-graduate or master’s degree in a related field is an added advantage.


Professional Qualifications:

Membership of ICAN, ACCA, CFA or CPA is required.



A minimum of 4 years working experience in an Accounting or Finance related function in a financial institution.


Interested and qualified candidates should apply by forwarding their updated resumé and covering letter to with subject “Application for Financial Analyst Role – Candidate Name”. Application deadline is December 02, 2022.



Information provided by applicants will be treated in strict confidence.