Business Development Manager - Financial Services

Placements24; Benoni; Hybrid; ZAR 700,000 - 1,100,000; Full time

Benefits offered by this job

Health, dental, vision

Retirement plan with match

Career advancement

Bonus potential

Job summary

Placements24 is seeking a dynamic Business Development Manager to drive growth in Benoni’s financial services sector. You will identify new business opportunities, build relationships with corporate clients, and lead negotiations to secure new accounts.

The role requires 5–7 years in business development or sales within financial services, a relevant degree, and strong communication and presentation skills in a hybrid work setting.

Qualifications

• Bachelor's degree in business-related field required.
• MBA or advanced degree a plus.
• 5–7 years in business development, sales, or relationship management in financial services/banking.
• Proven track record of achieving ambitious sales targets and growing revenue.
• Strong understanding of financial products, services, and market dynamics.

Responsibilities

• Identify and pursue new clients and strategic partnerships in financial services.
• Develop and implement business development strategies to hit revenue targets.
• Build long-lasting relationships with key stakeholders at client organizations.
• Lead the sales process from lead generation to closing deals, including proposals and negotiations.
• Collaborate with product and operations to onboard clients and ensure service delivery.
• Monitor market trends, competitor activities, and customer needs to identify opportunities.

Skills

Business development

Sales

Relationship management

Negotiation

Presentation

Communication

Education

Bachelor's degree

MBA

Job description

About the Role

Our client is seeking a dynamic and results-oriented Business Development Manager to drive growth within their financial services division in Benoni . This strategic role focuses on identifying and pursuing new business opportunities, forging strong relationships with corporate clients, and expanding market share within the competitive banking and finance sector . You will be responsible for developing and executing effective sales strategies, leading negotiations, and ensuring the successful acquisition of new clients. The ideal candidate will have a proven track record in business development and a deep understanding of financial products and services.

Key Responsibilities

• Identify and target potential new clients and strategic partnerships within the financial services industry.
• Develop and implement comprehensive business development strategies to achieve revenue and growth targets.
• Build and maintain strong, long-lasting relationships with key stakeholders at prospective and existing client organizations.
• Lead the sales process from lead generation to closing deals, including proposal development, presentations, and contract negotiation.
• Collaborate with internal teams (e.g., product development, operations) to ensure seamless client onboarding and service delivery.
• Monitor market trends, competitor activities, and customer needs to identify new business opportunities.

Requirements

• Bachelor's degree in Business Administration, Marketing, Finance, or a related field.
• An MBA or advanced degree is a plus.
• Minimum of 5-7 years of experience in business development, sales, or relationship management within the financial services or banking industry .
• Proven track record of achieving ambitious sales targets and growing revenue streams.
• Strong understanding of financial products, services, and market dynamics.
• Excellent communication, negotiation, presentation, and interpersonal skills.
• Ability to work effectively in a hybrid environment, balancing remote work with necessary in-office collaboration.

Benefits

• Competitive base salary with significant performance-based bonuses and commission potential.
• Comprehensive health, dental, and vision insurance plans.
• Retirement savings plan with employer matching.
• Opportunities for career advancement and professional development.
• A stimulating work environment with a focus on innovation and client success in Benoni .