Business Development Officer, Halal Unit at Norrenberger Asset Management Limited – Lagos

Norrenberger Asset Management Limited is recruiting a Business Development Officer for its Halal Unit in Lagos. The role will grow the distribution of Shariah-compliant investment products, build relationships with mass-market and high-net-worth clients, and support asset growth and the organisation’s market position.

Key Responsibilities

• Develop and implement strategies for Halal investment growth, sales and distribution.
• Work with the team and portfolio manager to develop profitable Shariah-compliant products, financing solutions and proposals for individual and corporate clients.
• Meet assigned asset-generation, disbursement and investment targets, including annual financial-year targets.
• Identify and onboard clients through professional networks and cold calling, and build a strong business pipeline.
• Conduct cluster marketing to increase sign-ups and account openings.
• Work with Risk, Compliance, Legal, Investment Management and other stakeholders to structure and validate compliant, market-relevant risk-asset offerings.
• Assess financing structures, including Murabaha, Ijara and Mudaraba, against Islamic finance guidelines and internal policies.
• Analyse market trends, competitors and client feedback to improve products and competitive positioning.
• Advise management on business trends, new offerings and distribution channels.
• Monitor clients after disbursement to support asset management, early risk detection and repayment performance.
• Prepare individual and team reports covering asset performance, call memos and plans, pipeline activity, market insights and Shariah compliance.
• Mobilise individual, corporate, retail and institutional investments to grow assets under management and Halal portfolios.
• Manage existing client relationships and investment maturities to support satisfaction, repeat business, loyalty and referrals.
• Carry out other duties assigned by the Team Lead or Regional Head.

Education and Experience

• Bachelor’s Degree from an accredited university.
• At least five years of experience in business development, preferably within financial services.
• Working knowledge of Islamic finance principles and Shariah-compliant investment products, including the ability to explain product features, investment objectives and associated risks.
• Knowledge of organisational effectiveness, controls management and financial-services operations.