Talent Acquisition: Bongiwe Mchunu
Job Family
Sales And Services
Career Stream
Sales
Leadership Pipeline
Manage Self: Professional
Job Purpose
To develop and implement strategies to grow and retain the market nationally in line with Commercial Banking objectives and aiming to increase Nedbanks' market share.
Job Responsibilities
Formulate and manage provincial Public Sector budget through assessment of market trends and business banking strategy.
Ensure delivery of annual financial targets and strategy by adhering to budget and timelines.
Ensure business results are achieved by distributing annual financial targets according to guidelines to relevant areas and by monitoring and tracking achievement of targets.
Improve sales targets and assist Business Managers to structure Public Sector CVP's or tenders by providing professional guidance and input.
Identify opportunities for cross selling and identify possible leads for referral to other channels, by engaging with public sector entities at national, provincial, local government and scanning the environment.
Increase market share and identify opportunities to increase acquisition targets by promoting customer value propositions within existing networks.
Develop a thorough understanding of the public sector segment business and needs through conducting client visitations, by assessing the various municipality bodies risk profile in preparation of the accreditation process.
Establish and maintain relationships with stakeholders through collaboration with business partners (e.g. area managers), by communicating and sharing client information and passing on leads.
Develop and enhance public sector models by partnering with external stakeholders (e.g. Public Sector) formally and informally.
Enhance the profile of Nedbank among the public sector fraternity; develop and deliver public sector marketing plans by organising sponsorships, events and/or road shows.
Develop collaborative relationships with stakeholders through establishing strategic internal and external partnership agreements.
Develop trusting relationships with stakeholders by establishing and providing a central point of contact nationally with Public Sector bodies and by enabling smooth flow of work.
Draft Public Sector visitation plan by planning visits according to public sector strategy, annual plans and targeting "most wanted" clients and by reviewing progress, revising plans and monitoring progress.
Review client value propositions annually by assessing industry and/or market trends.
Monitor and identify potential risks of portfolio through analysis of early warning signals (e.g. cash-flow constraints, growing debt etc.), implementing appropriate actions to mitigate risk (e.g. offer appropriate assistance in terms of support) for both the client and Nedbank.
Ensure a uniform credit process is applied across regions, by providing customised client value propositions, input into credit guidelines and credit minutes, assessing applications and recommending approval and/or decline of applications.
Provide input and advice pertaining to the selection of business solutions/products that can be offered to the sector through regular engagement with various product houses and by ensuring that new developments and/or solutions.
Professional Knowledge
Knowledge of the following legislation, as it relates to the Public Sector: Public Finance Management Act (PFMA)
Municipal Finance Management Act (MFMA)
Any other relevant legal framework and legislation applicable in the public sector
Knowledge of Commercial Banking and other bank's products and services across segments
Type of Exposure
Analysing situations or data that requires an evaluation of multiple factors
Building and maintaining effective cross-functional relationships with internal and external stakeholders
Sharing information in different ways to increase stakeholders understanding
Communicating complex information orally.
Interacting at executive forums and board meetings
Negotiating a major deal/contract
Implementing and managing strategies to achieve business area objectives
Conducting market research and scanning the environment
Analysing business operations
Assessing and analysing financial statements
Essential Qualifications - NQF Level Matric / Grade 12 / National Senior Certificate
Advanced Diplomas/National 1st Degrees
Preferred Qualification BComm Hons/ Advanced Degree in Finance
Minimum Experience Level 8 - 10 years Sales experience in the Financial Services Industry, of which at least 3 years must be in the Public Sector banking
Technical / Professional Knowledge
Base/Market Segments
Business Acumen
Business terms and definitions
Nedbank vision and strategy
Principles of project management
Relevant Nedbank product knowledge
Relevant regulatory knowledge
Risk management process and frameworks
Cluster Specific Operational Knowledge
Credit Assessment for Credit Wortiness oF Client
Behavioural Competencies Building Partnerships
Coaching
Customer Focus
High-Impact Communication
Driving Successful Customer Engagements
Technical/Professional Knowledge and Skills
- Please contact the Nedbank Recruiting Team at +27 860 555 566
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