Business Development Manager - Banking

Placements24; Soweto; On-site; ZAR 600,000 - 1,000,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Paid time off

Job summary

Placements24, Soweto, is seeking a dynamic Business Development Manager to drive growth in the banking division. You will identify opportunities, forge partnerships, and expand market reach while developing and executing sales strategies to hit revenue targets.

The role requires a proactive hunter with deep knowledge of financial products, strong communication and negotiation skills, and the ability to manage a full sales pipeline independently.

Qualifications

• 5+ years of experience in business development, sales, or relationship management within the banking or financial services industry.
• Proven track record of successfully meeting and exceeding sales targets.
• Excellent communication, negotiation, and presentation skills.
• Strong understanding of financial products and services.

Responsibilities

• Identify and pursue new business opportunities within the banking and financial services sector.
• Develop and implement strategic sales plans to achieve revenue and growth objectives.
• Build and maintain strong relationships with key clients, partners, and stakeholders.
• Negotiate and close deals, ensuring profitable outcomes for the company.
• Conduct market research to identify emerging trends and competitive insights.
• Collaborate with internal teams (marketing, product development) to align business development efforts.

Skills

Sales experience

Relationship management

Communication skills

Negotiation

Education

Bachelor's degree in Business Administration/Marketing/Finance

Job description

About the Role

Our client is looking for a dynamic and results-oriented Business Development Manager to drive growth within their banking division in Soweto. This role is pivotal in identifying new business opportunities, forging strategic partnerships, and expanding the company's market reach. You will be responsible for developing and executing sales strategies to achieve revenue targets and enhance client relationships. This position requires a proactive individual with strong sales acumen and a deep understanding of the banking and financial services landscape, contributing significantly to the company's commercial success within the local market.

Key Responsibilities

• Identify and pursue new business opportunities within the banking and financial services sector.
• Develop and implement strategic sales plans to achieve revenue and growth objectives.
• Build and maintain strong relationships with key clients, partners, and stakeholders.
• Negotiate and close deals, ensuring profitable outcomes for the company.
• Conduct market research to identify emerging trends and competitive insights.
• Collaborate with internal teams (marketing, product development) to align business development efforts.

Requirements

• Bachelor's degree in Business Administration, Marketing, Finance, or a related field.
• 5+ years of experience in business development, sales, or relationship management within the banking or financial services industry.
• Proven track record of successfully meeting and exceeding sales targets.
• Excellent communication, negotiation, and presentation skills.
• Strong understanding of financial products and services.
• Ability to work independently and effectively manage a sales pipeline.

Benefits

• Competitive base salary with attractive commission and bonus structure.
• Comprehensive health, dental, and vision insurance plans.
• Retirement savings plan.
• Paid time off and holidays.
• Opportunities for career advancement and professional development.