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CCM Business Development Department Head

CCM Business Development Department Head

RCBC Bankard
  • Posted 4 hours ago
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Job Description

Job Summary

  • The CCM Business Development Department Head works to set appropriate strategies aimed to
  • improve the Bank's market position to achieve CASA growth. Expected to apply follow-throughs
  • on deals to achieve Bank's goal/objectives, specific to Transaction Banking Solutions. S/he is to
  • lead in developing new business, classify potential market segments, and generate revenues
  • through new and key account management.
  • Responsible for handling Business Development Managers (BDM). S/he should monitor market
  • intelligence for market development, competitive landscape, and new customers. S/he should
  • also join the BDMs in handling meetings with key clients and should provide necessary training to
  • sales team as needed. Ultimately, s/he shall be accountable for achieving the sales target and
  • monitor the BDM's performance, guiding them to move in the Bank's best interests.

How will you contribute

  • 1. Ensures business growth by helping BDMs in prospecting for new clients by networking
  • or other means of generating interest from potential clients. Plans persuasive approaches
  • that will convince potential clients to do business with the company.
  • 2. Participates in the strategic planning since it is the Department Head's responsibility to
  • develop the pipeline of new business for the Bank. This requires a thorough knowledge of
  • the market, the solutions the Bank can provide, and of competitors.
  • 3. Expected to lead enterprise-level sales opportunities and coordinate project teams for big
  • ticket deals and will be required to lead by example and maintain the highest standards of
  • administration in accordance with the agreed sales process, ensuring that the sales reports
  • are accurately updated and that the required documentation is completed by the team for all
  • new business opportunities.
  • 4. Monitors deals in the pipeline submitted by BDMs and ensures faster turnaround of
  • prospective deals which will lead to faster achievement of potential revenue.
  • 5. Ensures that post sales client support is monitored by the BDM by assisting in the
  • recommendation of possible solution/s to fit client needs.
  • 6. Develops relevant MIS to ensure the reliable tracking of BDM's performance. S/he shall
  • submit monthly progress reports and ensure data is accurate and updated. S/he should also
  • keep track and record activity on accounts and help close deals to meet previously
  • forecasted sales targets.
  • 7. Contributes to the personal development of BDMs through excellent leadership and
  • performance management. S/he shall continually refine the sales process and ensure that
  • the team works effectively and prioritizes workloads.
  • 8. Responsible for delivering regular training to BDMs in both selling and technical
  • knowledge. Additionally, s/he is expected to be the lead in regular team meeting and
  • ensures fair allocation and distribution of targets and potential deals.
  • 9. Works hand-in-hand with other stakeholders of a cash management deal to deliver
  • applicable solutions to the clients and ensure deal-profitability for the Bank.
  • 10. Supports the Relationship Managers and Business Development team to market
  • solutions to clients during sales call.
  • 11. Works with the team to develop proposals that speaks to the client's needs, concerns,
  • and objectives. This shall include participation in pricing the solution being offered to a
  • client, keeping in mind the Bank's objective of profitable growth.
  • 12. Handles objections by clarifying, emphasizing agreements, and working through
  • differences to a positive conclusion. S/he should use a variety of styles to persuade or
  • negotiate appropriately.
  • 13. Keeps abreast of global transactional services markets and trends to ensure
  • competitiveness of products in the market.
  • 14. Using knowledge of the market and competitors, identify and develop the company's
  • unique selling propositions and differentiators.
  • 15. Identifies opportunities for campaigns, services, and distribution channels that will lead
  • to an increase in sales including cross-selling of other RCBC and YGC products and
  • services.

What will make you successful

  • - Graduate of any related course
  • - Knowledge of transaction banking products such as,
  • but not limited to, cash management, trade services,
  • payments, custody and trust, electronic banking
  • - Banking / With experience in sales and/or product
  • management preferably in trade or cash management
  • and personnel management
  • - Excellent communication and presentation skills;
  • ability to work in teams; above average project
  • management skills; analytical and innovative

More Info

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Key Skills

electronic banking

custody and trust

transaction banking products

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