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
Supplier management experience
Managing a complex portfolio of business customers with a service and financial analysis focus
Preparing and motivating credit applications
Cost control and sales management
Client focus - service delivery
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)