Business Development Manager - Financial Products

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

Benefits offered by this job

Commission and bonus structure

Health and retirement benefits

Generous annual leave

Professional development and careerAdv

Exposure to diverse financial products

Dynamic work environment

Job summary

Placements24 is seeking a dynamic Business Development Manager for the Mahikeng, North West region in the Banking & Finance sector. This office-based role focuses on identifying opportunities, forming strategic partnerships, and driving revenue growth through financial products and services.

You will travel within the North West, engage extensively with clients, and collaborate with internal teams to ensure successful launches and onboarding.

Qualifications

• Bachelor's degree in Business Administration, Marketing, Finance, or related field.
• Master's degree or relevant professional qualification is a plus.
• Minimum of 5 years in business development or sales within financial services.
• Proven track record of developing new business and meeting sales targets.
• Understanding of Banking & Finance products; ability to travel within North West region.

Responsibilities

• Identify and develop new business opportunities and partnerships.
• Drive sales of financial products and services to meet targets.
• Build and maintain relationships with key clients and stakeholders.
• Develop and execute strategic business development plans for the territory.
• Conduct market research to identify trends and opportunities.
• Prepare and deliver presentations and proposals to potential clients.
• Collaborate with marketing and product teams for launches and onboarding.
• Negotiate and close deals with favorable terms.
• Represent the company at industry events and network extensively.
• Provide market feedback to product and management teams.

Skills

Negotiation

Communication

Presentation

Relationship-building

Strategic thinking

Travel readiness

Education

Bachelor's degree in business, marketing, or finance

Master's degree or professional qualification (plus)

Tools

CRM software

MS Office Suite

Job description

About the Role

Our client, a leading provider of innovative financial solutions, is seeking a dynamic and results-driven Business Development Manager to join their team in **Mahikeng, North West**. This role is responsible for identifying new business opportunities, forging strategic partnerships, and driving the sales of financial products and services within the region. The Business Development Manager will play a crucial role in expanding market share and achieving revenue growth targets for the company within the **Banking & Finance** sector. This is an office-based position requiring extensive client engagement and travel within the **Mahikeng, North West** area.

Key Responsibilities

• Identify and develop new business opportunities and strategic partnerships within the financial services market.


• Drive the sales of financial products and services, meeting and exceeding set targets.


• Build and maintain strong relationships with key clients, stakeholders, and industry influencers.


• Develop and execute strategic business development plans for the assigned territory.


• Conduct market research and competitor analysis to identify market trends and opportunities.


• Prepare and deliver compelling presentations and proposals to potential clients.


• Collaborate with internal teams (e.g., marketing, product development) to ensure successful product launches and client onboarding.


• Negotiate and close deals, ensuring favorable terms for the company.


• Represent the company at industry events, conferences, and networking functions.


• Provide market feedback to product development and management teams.

Requirements

• Bachelor's degree in Business Administration, Marketing, Finance, or a related field.


• A Master's degree or relevant professional qualification is a plus.


• Minimum of 5 years of experience in business development, sales, or a related role within the financial services industry.


• Proven track record of successfully developing new business and achieving sales targets.


• In-depth understanding of financial products and the **Banking & Finance** landscape.


• Excellent negotiation, communication, and presentation skills.


• Strong networking and relationship-building abilities.


• Strategic thinking and planning capabilities.


• Proficiency in CRM software and MS Office Suite.


• Ability to travel within the **North West** region as required.


• Must be a results-oriented individual with a high degree of initiative and drive.


• Must be legally authorized to work in **South Africa**.

Benefits

• Competitive base salary with an attractive commission and bonus structure.


• Comprehensive health and retirement benefits.


• Generous annual leave and paid time off.


• Opportunities for professional development and career advancement.


• Be part of a growing and innovative financial services company.


• Exposure to diverse financial products and markets.


• Dynamic work environment in **Mahikeng, North West**.