Business Development Executive - Financial Services

Placements24; Bloemfontein; Hybrid; ZAR 500,000 - 900,000; Full time

Benefits offered by this job

Competitive base salary

Commission & bonus

Medical benefits

Retirement plan

Hybrid work model

Travel allowance

Job summary

Placements24 in Bloemfontein, Free State, is seeking an experienced Business Development Executive to identify opportunities, build strategic partnerships, and drive revenue growth in the financial services sector. This hybrid role balances remote work with in-person client engagements in the Bloemfontein area.

The ideal candidate has a proven sales record, excellent networking and negotiation skills, and a strong understanding of financial products and market dynamics.

Qualifications

• Proven experience in business development, sales, or relationship management within the financial services industry.
• Demonstrated success in identifying new business opportunities and closing complex deals.
• Excellent networking, negotiation, and communication skills.
• Strong understanding of financial products, services, and market dynamics.
• Ability to work independently and effectively manage a hybrid work schedule.
• Proficiency in CRM software and MS Office Suite.
• Bachelor's degree in Finance, Business Administration, Marketing, or a related field.
• Familiarity with the Bloemfontein and Free State business landscape is an advantage.
• Must be results-oriented and possess a strong drive for achievement.

Responsibilities

• Identify and develop new business opportunities within the financial services industry in Bloemfontein and the surrounding Free State region.
• Build and maintain strong, long-lasting relationships with potential clients, partners, and stakeholders.
• Develop and execute strategic plans to achieve sales targets and expand market reach.
• Conduct market research to identify emerging trends, competitor activities, and potential growth areas.
• Prepare and deliver compelling presentations and proposals to prospective clients.
• Negotiate and close business deals, ensuring alignment with company policies and financial objectives.
• Collaborate with internal teams, including product development and marketing, to ensure successful client onboarding and service delivery.
• Manage and report on sales pipeline, forecasts, and key performance indicators.
• Stay current with regulations and best practices in the financial services sector.

Skills

Business development

Sales

Networking

Negotiation

Communication

CRM software

MS Office

Education

Bachelor's degree (Finance, Business Admin, Marketing)

Tools

CRM software

MS Office Suite

Job description

About the Role

Our client, a leading player in the financial services sector, is seeking a motivated and experienced Business Development Executive to join their team in **Bloemfontein, Free State**. This critical role involves identifying and pursuing new business opportunities, building strategic partnerships, and driving revenue growth within the financial services market. You will be responsible for prospecting new clients, nurturing relationships, and closing deals that align with the company's strategic objectives. This hybrid position requires a professional who can effectively balance remote work with in-person meetings and client engagements within the **Bloemfontein** area. The ideal candidate possesses a strong understanding of financial products and services, exceptional networking abilities, and a proven track record of achieving sales targets. We are looking for an ambitious individual eager to make a significant contribution to our client's success in **Free State**.

Key Responsibilities

• Identify and develop new business opportunities within the financial services industry in **Bloemfontein** and the surrounding **Free State** region.
• Build and maintain strong, long-lasting relationships with potential clients, partners, and stakeholders.
• Develop and execute strategic plans to achieve sales targets and expand market reach.
• Conduct market research to identify emerging trends, competitor activities, and potential growth areas.
• Prepare and deliver compelling presentations and proposals to prospective clients.
• Negotiate and close business deals, ensuring alignment with company policies and financial objectives.
• Collaborate with internal teams, including product development and marketing, to ensure successful client onboarding and service delivery.
• Manage and report on sales pipeline, forecasts, and key performance indicators.
• Stay current with regulations and best practices in the financial services sector.

Requirements

• Proven experience in business development, sales, or relationship management within the financial services industry (e.g., banking, insurance, investments).
• Demonstrated success in identifying new business opportunities and closing complex deals.
• Excellent networking, negotiation, and communication skills.
• Strong understanding of financial products, services, and market dynamics.
• Ability to work independently and effectively manage a hybrid work schedule.
• Proficiency in CRM software and MS Office Suite.
• Bachelor's degree in Finance, Business Administration, Marketing, or a related field.
• Familiarity with the **Bloemfontein** and **Free State** business landscape is an advantage.
• Must be results-oriented and possess a strong drive for achievement.

Benefits

• Competitive base salary with an attractive commission and bonus structure.
• Comprehensive medical and retirement benefits.
• Opportunities for professional growth and career advancement in a reputable financial institution.
• Hybrid work model offering flexibility and work-life balance.
• Travel allowance for client meetings and business development activities.
• Access to continuous training and development programs.