Business Development Executive - Financial Services

Placements24; LegKraal Gate; On-site; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive base salary

Commissions and bonuses

Medical aid

Retirement benefits

Ongoing professional development

Career advancement

Job summary

Placements24, a reputable financial services institution, seeks a driven Business Development Executive to expand its North West client base, centered on Mahikeng. The role focuses on identifying opportunities, forging partnerships, and driving revenue growth through tailored financial solutions.

You will develop and execute business development strategies, engage potential clients, and present compelling proposals.

Qualifications

• Minimum of 5 years of experience in business development or sales within the financial services industry.
• Proven track record of identifying new business opportunities and meeting/exceeding sales targets.
• In-depth knowledge of financial products, markets, and regulations.
• Excellent communication, negotiation, and interpersonal skills.
• Strong understanding of the Mahikeng, North West region business landscape.
• Ability to work independently with initiative.
• Proficiency in CRM software and standard productivity tools.
• Relevant qualifications or a Bachelor’s degree in Finance, Economics, Business, or related field.
• A valid driver’s license and willingness to travel within the region.

Responsibilities

• Identify and pursue new business opportunities within the financial services market in the North West province.
• Develop and implement strategic business development plans to achieve sales targets.
• Build and maintain strong relationships with key clients, including businesses and high-net-worth individuals.
• Conduct thorough needs assessments and present appropriate financial solutions and services.
• Negotiate and finalize agreements with new clients.
• Represent the company at industry events, seminars, and networking functions.
• Collaborate with internal teams to ensure seamless service delivery and client satisfaction.
• Track sales activities, manage pipelines, and provide regular reports on business development efforts.
• Stay updated on market trends, regulatory changes, and competitor activities in the financial services industry.

Skills

Networking

Negotiation

CRM software

Client relationships

Lead generation

Sales targets

Education

Bachelor's degree in Finance/Economics/Business

Tools

CRM software

Job description

About the Role

Our client, a reputable financial services institution, is seeking a driven and results-oriented Business Development Executive to expand its client base within the North West province, focusing on the Mahikeng area. This role is critical for identifying new business opportunities, building strategic partnerships, and driving revenue growth in the financial services sector. You will be responsible for developing and executing business development strategies, engaging with potential clients, and presenting tailored financial solutions. The ideal candidate possesses a strong understanding of financial products and services, excellent networking skills, and a proven ability to generate leads and close deals. This is an on-site position requiring significant client interaction and travel within the Mahikeng, North West region.

Key Responsibilities

• Identify and pursue new business opportunities within the financial services market in the North West province.
• Develop and implement strategic business development plans to achieve sales targets.
• Build and maintain strong relationships with key clients, including businesses and high-net-worth individuals.
• Conduct thorough needs assessments and present appropriate financial solutions and services.
• Negotiate and finalize agreements with new clients.
• Represent the company at industry events, seminars, and networking functions.
• Collaborate with internal teams to ensure seamless service delivery and client satisfaction.
• Track sales activities, manage pipelines, and provide regular reports on business development efforts.
• Stay updated on market trends, regulatory changes, and competitor activities in the financial services industry.

Requirements

• Minimum of 5 years of experience in business development or sales, specifically within the financial services industry (e.g., banking, investments, insurance).
• Proven track record of successfully identifying new business opportunities and meeting/exceeding sales targets.
• In-depth knowledge of financial products, markets, and regulations.
• Excellent communication, negotiation, and interpersonal skills.
• Strong understanding of the business landscape in the Mahikeng, North West region.
• Ability to work independently and proactively, with a strong sense of initiative.
• Proficiency in CRM software and standard business productivity tools.
• Relevant professional qualifications or a Bachelor's degree in Finance, Economics, Business, or a related field.
• A valid driver's license and willingness to travel within the designated region.

Benefits

• competitive base salary
• lucrative commission and bonus structure
• comprehensive medical aid
• retirement benefits
• ongoing professional development
• opportunities for career advancement within a respected financial institution
• chance to make a significant impact on regional economic growth
• stability and excellent earning potential