Business Development Manager

Absa Bank Limited; Gauteng; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A major local bank in South Africa is seeking a skilled Business Development Manager to develop and implement business development strategies. This role focuses on acquiring and retaining clients and driving stakeholder engagement to optimize profitability. Candidates should possess a Bachelor's degree in business or related fields, along with strategic and relationship management skills. The position is based in Gauteng, offering opportunities for significant growth and impact within the bank's operations.

Responsibilities

• Formulate segment strategies for external stakeholder engagement.
• Develop and implement bulk and targeted acquisition strategies.
• Drive targeted retention and expansion strategies for clients.
• Execute business development initiatives for profitability.
• Promote collaborative engagements with stakeholders.
• Drive application of Supplier Management strategy.
• Ensure adherence to compliance standards.

Skills

Strategic thinking

Relationship management

Business development expertise

Risk and compliance awareness

Analytical skills

Education

Bachelors Degree and Professional Qualifications in Business, Commerce and Management Studies

Job description

Empowering Africa's tomorrow, together...one story at a time. With over years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

Develop and implement a functional business development management operating model and framework within a broadly defined business strategy.

Enable horizontal adoption and execution across clusters and segments to drive growth, operational excellence, and stakeholder collaboration.

Key Purpose

To design and execute dynamic business and partnership development strategies, targeted acquisition plans, and propositional concepts that deliver positive outcomes for customers, segments, and clusters.

Key Responsibilities

• Formulate segment strategies for external stakeholder engagement, partnerships, and professional relationships.
• Develop and implement bulk and targeted acquisition strategies aligned with cluster and segment objectives.
• Drive targeted retention and expansion strategies for new and existing clients.
• Execute business development initiatives to optimise sector profitability and cost-to-serve.
• Promote and manage collaborative engagements with internal and external stakeholders.
• Drive effective application of Supplier Management strategy.
• Ensure adherence to compliance and quality standards.

Key Deliverables

• Acquisition and retention strategies
• Segment strategy frameworks
• Supplier performance and risk reports
• Stakeholder engagement outcomes

Competencies & Skills

• Strategic thinking
• Relationship management
• Business development expertise
• Risk and compliance awareness
• Analytical skills

Education

Bachelors Degree and Professional Qualifications : Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer.

In compliance with the Employment Equity Act 55 of

• Preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
• Absa Bank Limited reserves the right not to make an appointment to the post as advertised.