Business Development Manager – SIPML at Stanbic IBTC Bank

    Full Time
    Nigeria, Port Harcourt, Rivers
    Posted 1 week ago

    Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa’s financial system for 150 years, and now spans 16 countries across the African continent.

    Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.

    We are recruiting to fill the position below:

    Job Title: Business Development Manager – SIPML

    Job ID: 59086
    Location: Port Harcourt, Rivers
    Job Sector: Financial Services
    Work Arrangement: Fully Office Based

    Job Details

    • Test Division Summary

    Job Purpose

    • The Business Development Manager is responsible in providing tailored consultative solutions for all Pension and Gratuity related matters in the region by driving voluntary contributions across the employees of assigned institutions and  growing SIPML’s market share in RSA Holders and Assets Under Management
    • Responsible for ensuring clients perceive, feel and experience the Company positively through timely and conclusive resolution of pre and post sales issues; and other related/incidental matters.
    • The Business Development Manager is also responsible to support and deliver on  the  universal financial solution goals of the Stanbic IBTC Group

    Key Responsibilities/Accountabilities
    Achieve monthly sales target in RSA & Contributions:

    • Achieve and surpass assigned monthly RSA pin target
    • Achieve and surpass assigned monthly/yearly contribution target
    • Achieve and surpass assigned new employers targets
    • Grow SIPML’s wallet share of employer’s business by generating and creating more contributing RSA pins.
    • Provide advice to employers, on potential Pension/Gratuity solutions based on consultative analysis of their business model and pension industry dynamics.
    • Identify, initiate and convert leads for SIPML.
    • Operate within the Pencom guidelines and framework so as to avoid sanctions or infractions to the Company
    • Analyze and review potential labor challenges or peculiarities that may lead to sub-optimization for the employer or organization.
    • Make physical / telephone calls / e-mails to clients for customer interactions
    • Organize and facilitate Interactive sessions and Rotating Desks/PoW with clients and prospective clients.
    • Effectively communicate and follow through, with client requests to back office /support units
    • Maintain and update comprehensive employers’ database.
    • Ensure Employers have updated contribution schedules.
    • Collect schedules from Employer for upload to clients’ accounts.
    • Follow up with employers on monthly pension contribution as at when due.
    • Increase number of funded and contributing RSA Pins in the department.
    • Consistently identify value to our customers by leveraging the various resources within the group
    • Ensure not more than 5% customer attrition from assigned institutions  during the transfer window
    • Collect and correct email mandates for employees in assigned institutions
    • Organize CFI capture with Organizations periodically by the regulator.
    • Grow SIPML’s share of mind among clients/ organizations in assigned institutions
    • Increase the funding and contribution ratios of employees’ contribution within assigned institutions
    • Proffer possible strategies/ways to improve sales and relating to customers.

    Ensure Legislative Compliance and SIBTC standards:

    • Educate and enlighten  employees and their employers about the dynamics of the Pension industry
    •  Operate within the Pencom guidelines and framework so as to avoid sanctions or infractions to the Company
    • Ensure adherence to code of ethics and all other related guidelines
    • Ensure smooth internal & external stakeholder management  
    • Analyze and review potential labor challenges or peculiarities that may lead to sub-optimization for the employer or organization.
    • Make physical / telephone calls / e-mails to clients for customer interactions
    • Organize and facilitate Interactive sessions and Rotating Desks/PoW with clients and prospective clients.
    • Effectively communicate and follow through, with client requests to back office /support units
    • Maintain and update comprehensive employers’ database.
    • Ensure Employers have updated contribution schedules.
    • Collect schedules from Employer for upload to clients’ accounts.
    • Follow up with employers on monthly pension contribution as at when due.
    • Increase number of funded and contributing RSA Pins in the department.
    • Consistently identify value to our customers by leveraging the various resources within the group
    • Ensure not more than 5% customer attrition from assigned institutions  during the transfer window
    • Collect and correct email mandates for employees in assigned institutions
    • Organize CFI capture with Organizations periodically by the regulator.
    • Grow SIPML’s share of mind among clients/ organizations in assigned institutions
    • Increase the funding and contribution ratios of employees’ contribution within assigned institutions
    • Proffer possible strategies/ways to improve sales and relating to customers.

    Minimum Qualification and Experience

    • First Degree in any field of study
    • Minimum of 5 years’ experience with exposure in sales relationship management & leadership position
    • Portfolio Management – Minimum of 5 years’ experience with exposure in client profiling

    Application Closing Date
    Not Specified.

    How to Apply
    Interested and qualified candidates should:
    Click here to apply online

    Note

    • All our recruitment and selection processes comply with applicable local laws and regulations.
    • We will never ask for money or any form of payment as part of our recruitment process. If you experience this, please contact our Fraudline on +27 800222050 or forward to: [email protected]

    Job Features

    Job Category

    Banking

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