Sales Head – Banking (Newcastle)
| Location | Newcastle-Newcastle, South Africa |
| Date Posted | September 10, 2022 |
| Category |
Banking
|
| Job Type |
Full-time
|
| Currency | ZAR |
Description
Our client, a well-established Financial Institution, based in Newcastle, is looking to fill the position of Sales Head.
Purpose:
Strategic management of all areas across the business, its people and other resources, to ensure sustainable growth of its consolidated Balance Sheet and Income Statement by identifying business growth opportunities (new markets, new products and new services) and deliver those through the design of the most cost effective delivery channel appropriate to the respective segment, developing appropriate risk management strategies and introduce efficiency improvement measures to an optimal return and maximum stakeholder value.
Key Responsibilities:
- Achievement of net profit growth for business.
- Drive an increase in average balance of specific portfolio of liabilities (e.g. Call reports, 32 Day Deposits, Fixed Deposits) as defined in the Financial Performance Report of the Business.
- Establish, align, and manage target and budget goals whilst ensuring effective control of costs for a range of functional areas to increase cost efficiency.
- Develop a service culture which builds rewarding relationships, proposes innovations and allows others to provide exceptional client service.
- Build and maintain strategic relationships with internal and external parties to support the sales strategy.
- Manage the growth of active customer Account Base to increase client base.
- Maximise Business Portfolio cross sell opportunities and strengthen client relationships.
- Facilitate channel migration of customers to ensure most effective way of banking customers.
- Track, control and influence sales activities with the specific aim to achieve previously determined sales team targets.
- Define a portfolio growth strategy in line with predetermined growth targets, which are determined on an annual basis through conducting competitor analysis, providing innovating new value propositions and focusing on new as well as cross-sell opportunities.
- Monitor changes in legislation, regulations, initiatives and relevant industry practices. Ensure drafting and implementation of appropriate interventions. Ensure compliance with audit requirements.
- Develop Strategies to improve operational and cost efficiencies by tracking, controlling and influencing sales activities with the specific aim to increase sales efficiencies of the team.
- Keep up to date with financial and economic developments to inform and support clients and provide clear analysis for all business processes and documentation to develop the business.
- Plan and execute campaigns successfully and on schedule. Set standards and benchmarks for measuring successful campaign execution.· Monitor costs / benefits per campaign/channel. Maintain operational accountability for all campaign execution.
- Improve business decisions by providing accurate and reliable business intelligence (information) together with analysing trends and data.
Qualifications and Experience:
- Grade 12 Senior Certificate
- MBA or other equivalent Business Management Degree
- 15 years banking experience, 5 years at Executive level