Key Account Manager (Banking & Financial Institutions) at Strivo Labs
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- Key Account Manager (Banking & Financial Institutions) at Strivo Labs
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Posted: Jul 17, 2026
Deadline: Not specified
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At Strivo Labs, we are passionate about helping businesses scale with speed and precision. We specialize in providing end-to-end digital solutions, from custom design and MVP development to automation and content creation.
Key Account Manager (Banking & Financial Institutions)
- Job Type Full Time
- Qualification BA/BSc/HND
- Experience 5 years
- Location Lagos
- Job Field Sales and Business Development 
About the Role
- We are seeking a highly driven and commercially focused Business Development Manager / Key Account Manager (BDM/KAM) to drive strategic partnerships and revenue growth across the banking and financial services sector.
- The ideal candidate will have a proven track record of selling B2B technology or financial solutions to banks, fintechs, microfinance banks, finance companies, and other financial institutions.
- This role is responsible for identifying new business opportunities, acquiring enterprise clients, managing strategic accounts, expanding existing relationships, and ensuring exceptional customer experience throughout the client lifecycle.
- The successful candidate will serve as a trusted advisor to clients while working closely with internal teams to deliver value, maximize account profitability, and support the company’s long-term growth objectives.
Key Responsibilities
Business Development & Revenue Growth:
- Identify, develop, and close new business opportunities within the banking, fintech, and financial services industry.
- Build and execute strategic sales plans to achieve revenue and growth targets.Prospect and engage decision-makers across banks, fintech companies, microfinance banks, insurance firms, finance houses, and other financial institutions.
- Prepare compelling proposals, presentations, commercial offers, and business cases.
- Lead contract negotiations and close high-value enterprise deals.
- Maintain a healthy sales pipeline and accurately forecast business opportunities.
Achieve monthly, quarterly, and annual sales targets.
Key Account Management:
- Manage and grow relationships with assigned strategic accounts.
- Act as the primary relationship manager for key clients.
- Understand client business objectives and recommend suitable products and solutions.
- Drive account growth through upselling, cross-selling, and expansion opportunities.
- Conduct regular business review meetings with clients.
- Monitor account performance, profitability, and customer satisfaction.
- Ensure high client retention through proactive relationship management.
Client Engagement & Service Delivery:
- Coordinate with Product, Operations, Customer Experience, Technology, Compliance, and Finance teams to ensure seamless service delivery.
- Ensure prompt resolution of client issues, concerns, and escalations.
- Support client onboarding, implementation, and adoption of products and services.
- Monitor service quality against agreed service levels and identify improvement opportunities.
Strategic Partnerships & Market Development:
- Build and maintain strong relationships with industry stakeholders and strategic partners.
- Identify emerging opportunities within the financial services ecosystem.
- Monitor competitor activities, market trends, and customer needs.
- Provide market intelligence and customer feedback to influence product development and business strategy.
Sales Operations & Reporting:
- Maintain accurate records of client interactions, sales activities, and opportunities using CRM tools.
- Prepare periodic sales reports, forecasts, and account performance updates.
- Track customer engagement, commercial performance, and revenue metrics.
- Follow up on invoices, collections, and account reconciliations where necessary.
- Ensure compliance with internal sales processes, policies, and documentation standards.
Key Performance Indicators (KPIs)
- Achievement of monthly, quarterly, and annual revenue targets.
- Number and value of new enterprise clients acquired.
- Growth in revenue from existing accounts.
- Client retention and renewal rate.
- Upselling and cross-selling performance.
- Sales pipeline conversion rate.
- Customer satisfaction and engagement scores.
- Response and issue resolution turnaround time.
- Accuracy of sales forecasting and reporting.
Qualifications & Experience
- Bachelor’s Degree in Business Administration, Marketing, Economics, Finance, or a related discipline.
- Minimum of 5 years’ experience in Business Development, Enterprise Sales, Relationship Management, or Key Account Management.
- Mandatory experience working within or selling to the Banking, Fintech, or Financial Services industry.
- Demonstrated success in managing enterprise or corporate accounts and closing high-value B2B deals.
- Strong understanding of financial services, digital payments, lending, banking operations, or fintech solutions.
- Existing network of contacts within banks, fintechs, or other financial institutions will be an added advantage.
Required Skills & Competencies:
- Strong enterprise sales and business development skills.
- Excellent relationship management and stakeholder engagement abilities.
- Strong negotiation, presentation, and communication skills.
- Commercial acumen with strong analytical and problem-solving capabilities.
- Ability to identify opportunities and convert prospects into long-term clients.
- Strong account planning and portfolio management skills.
- Excellent organizational and time management skills.
- Proficiency in CRM platforms and Microsoft Office Suite.
- Ability to work independently while collaborating effectively across teams.
Behavioral Competencies:
- Results-oriented with a strong commercial mindset.
- High level of professionalism, integrity, and accountability.
- Customer-focused with exceptional relationship-building skills.
- Proactive, self-motivated, and resilient.
- Strong ownership mentality with excellent follow-through.
- Collaborative and able to influence stakeholders across all levels.
- Adaptable and comfortable working in a fast-paced fintech environment.
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Method of Application
Interested candidates should send their CV along with a brief note explaining why they are a strong fit for the role and their salary expectations to: [email protected].
Note: Only shortlisted candidates will be contacted.
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