Business Manager

Capitec Bank Ltd; Thohoyandou; On-site; ZAR 480,000 - 700,000; Full time

Job summary

Capitec Bank Limited in South Africa seeks an energetic, self-motivated professional to join our Business Banking, Rental Finance, or Payment Services teams.

You will focus on achieving monthly sales targets through a network of suppliers and business partners, and you will manage a complex portfolio with a service and financial analysis emphasis.

Ideal candidates have 5+ years in related banking sectors, strong relationship skills, and the ability to lead teams in a dynamic environment.

Qualifications

• A relevant tertiary qualification in Finance or Business Management
• A relevant degree in Finance or Business Administration
• Experience in CRM and client management is advantageous

Responsibilities

• Achieve agreed monthly sales targets in Business Banking, Rental Finance or Payment Services
• Grow supplier portfolio through value-adding and specialised product solutions
• Maintain service delivery standards to all internal and external suppliers and business partners

Skills

Analytical Skills

Attention to Detail

Commercial Thinking

Communications Skills

Computer Literacy

Interpersonal & Relationship mgmt

Strategic Thinking

Education

A relevant tertiary qualification in Finance or Business Management

A relevant degree in Finance or Business Administration

Job description

We’re on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

Purpose Statement

• To achieve agreed monthly sales targets in a functional area of Business Banking, Rental Finance, or Payment Services by value and number of applications through an established supplier/ business partner network. To grow the supplier portfolio through successful identification and implementation of value adding and specialised business banking / rental finance / payment service product solutions and maintain service delivery standards to all internal and external suppliers and business partners.
• To contribute to the overall profitability of Business Bank, Rental Finance, or Payment Services by promoting and selling products to new and existing clients.

Experience

Min:

• 5+ years of general business banking, rental finance or payment services experience and relationship-building
• Managing a complex portfolio of business customers with a service and financial analysis focus
• Preparing and motivating credit applications
• Cost control and sales management
• Experience in the business banking, rental or payment services market
• Remote / distance relationship management
• Turnaround times and working within those limits

Ideal:

• 1-2 years managerial / leadership experience
• 1-2 years managing a small business centre

Qualifications (Minimum)

• A relevant tertiary qualification in Finance or Business Management

Qualifications (Ideal or Preferred)

• A relevant degree in Finance or Business Administration

Knowledge

Min:

• Principles and practices of business economics and the current business economic environment
• Customer relationship management (CRM) principles and techniques
• Able to extract, analyse and apply CRM insights to influence the client management approach and strategy
• Different industry sectors and sector risk profiles / trends; e.g. impact of climatic conditions on agricultural market
• Understanding of the current local market and industry principles and practices to optimise retention and growth within the portfolio
• General banking practices and procedures.
• Knowledge of competitor product offerings/ channels/ operational and marketing tactics.
• Credit principles and practices, including an understanding of credit application, securities
• Legal entities (companies, close corporations, sole proprietorships etc.) in the commercial market and the legislative restrictions and requirements governing these from a financial services perspective.
• Financial Advisory and Intermediary Services Act (FAIS) and the Financial Intelligence Centre Act(FICA).
• General understanding of how Business Banking, Rental Finance or Payment Services operate, as well as understanding the business risks, industry risks and financial requirements pertaining to the business market
• Understanding of rental finance, payment services and related products
• Discounting process
• Understanding of the office automation, IT, telephony rental and payment services environments
• General office and administration practices and standards

Ideal:

• Features, benefits and value propositions of the respective company product/service offerings.
• Multi-level products available and pricing structures
• Current taxation laws as they apply to customers.
• A good knowledge of administration processes and procedures pertaining to transactions in functional area
• Financial Modelling; activity based costing, financial analysis (evaluating and identifying trends),complex cash flow cycles (industry/ sector specific)
• BB/MRF/Payment Services policies and procedures

Skills

• Analytical Skills
• Attention to Detail
• Commercial Thinking Skills
• Communications Skills
• Computer Literacy (MS Word, MS Excel, MS Outlook)
• Interpersonal & Relationship management Skills
• Strategic Thinking Skills

Conditions of Employment

• Clear criminal and credit record

Capitec is committed to diversity, applications to this position will strictly be considered in support of our employment equity goals.

Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Capitec Bank Limited Reg. No: 1980/003695/06