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Specialist: Business Development
3 months ago
- With over 100 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.
To attract new to bank clients to Absa Business Bank (SME, Growth, Premium and High Value Segments) as well as expansion of existing clients through the pro-active selling of financial solutions (Advances, transactional primacy i.e.
The focus would be on creating awareness and sales opportunities (acquisitions) in the various business banking segments that do not bank with Absa and new business acquisition of existing Absa clients in the market.
Job Description:
Objectives
The Acquisition Dealmaker reports to the Head of Wholesale, Retail and Franchise with support from the National Business Development Managers that are responsible for the various sub sector focuses i.e.
Responsibilities:
To attract quality new business into the business
To achieve contracted growth targets
Compile action plans to achieve set objectives and targets and monitor performance against plans Keep abreast of business trends in the assigned catchment area and on all competitors' offerings and activities in the market Identify and establish a network of relevant role players to ensure a continuous supply of quality leads Active participation in the region's marketing initiatives Provide business leads for all other business areas on a regular basis
To achieve contracted profitability targets
Encourage maximum product utilization through profitable cross selling Refer leads obtained to relevant business areas Follow up leads referred to other business areas Manage profitable pricing on new transactions
To maintain acceptable credit risk within new business
To manage career and personal development
Partner with management in determining own future and career development Keep abreast of all relevant training interventions
Accountabilities
v Manage own career and personal development
To achieve contracted advances growth and cross-sell targets To attract quality new business and complete documentation in the required formats To deliver service excellence proactively and continuously to clients To encourage product utilization, and through selective profitable cross selling, expand the use of Absa Group Products and Financial Services Ensuring exceptional client care and satisfaction
Competencies
Proven track record in a financial services sale's environment Strong financial statement analytic skills i.e. cash flows, ratios and repayment ability calculations Strong written and verbal communication skills in the language business is conducted in Strong persuasion skills Creative problem-solving capability Outstanding networking skills Strong client focus Good knowledge and understanding of advances products
Attributes
A high degree of social confidence Ability to market self successfully A passion for achievement Good insight into peoples' motives and behaviour Adaptable to constant change Conscientious Tough-minded A high degree of integrity
Experience and knowledge
A track record of successful financial solution sales to businesses of at least 3 years
Qualification
B Com or other relevant business degree
Education
Bachelors Degree and Professional Qualifications:
Business, Commerce and Management Studies (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_