CCM Business Development Department Head
CCM Business Development Department Head
RCBC BankardFresher
- 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.
- 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.
- - 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
Key Skills
electronic banking
custody and trust
transaction banking products
