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Eden: Business Development Manager

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Job Description

Job Overview: Business Development Manager (BDM) The Business Development Manager (BDM) is a strategic growth driver within the distribution team, responsible for expanding the firm’s footprint across the independent financial advisor (IFA) and wealth manager landscape. Located in Geroge, this permanent role reports to the Head of Distribution. The BDM combines relationship management, sales expertise, and technical investment knowledge to promote investment solutions, deepen existing partnerships, and onboard new advisers. The ideal candidate is commercially minded, client-centric, and passionate about financial markets. They are expected to deliver measurable growth in assets under management (AUM), maintain high levels of client satisfaction, and represent the brand with professionalism. Key Responsibilities Business Growth & Sales Execution: Identify and convert new business opportunities while driving fund and model portfolio inflows through strategic initiatives. Performance Targets: Achieve net new AUM targets of R90 million per quarter and maintain a 70% conversion rate on investment proposals. Advisor Onboarding: Self-source and onboard a minimum of five new active IFAs per annum, converting them into brand ambassadors. Relationship Management: Conduct at least 20 high-quality engagements per month with supporting IFAs to analyze portfolios and market conditions. Technical Expertise: Demonstrate a deep understanding of financial markets and portfolio construction, collaborating with research teams to present investment philosophy with confidence. Client Experience: Deliver proactive, innovative service aiming for a Client Satisfaction Score 90%. Requirements & Expectation Strategic Execution: Ability to develop and execute regional growth strategies to expand market share and visibility. Retention: Deepen relationships with existing IFAs to grow net AUM by at least 10% annually. Compliance & Culture: Adhere to all compliance policies while contributing to a respectful, solutions-focused team culture. Continuous Development: Take ownership of professional growth by staying current with legislative changes and industry best practices.

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About Sales Jobs in Western Cape

The sales industry in Western Cape is typically characterized by a competitive job market, with a high demand for skilled professionals who can drive revenue growth and build strong relationships with clients. Generally, the job market trends in this field are influenced by the overall economic climate and the specific needs of various industries.

In terms of salary expectations, it’s common to find sales positions paying salaries that range from around R300 000 to R600 000 per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad estimates, and actual salaries can vary significantly based on individual circumstances.

Typically, a successful sales professional in Western Cape should possess a range of skills, including strong communication and interpersonal skills, the ability to build rapport with clients and colleagues alike, and a solid understanding of marketing principles and product knowledge. Common skills also include negotiation and closing techniques, sales strategy development, and data analysis and reporting. Additionally, proficiency in Microsoft Office and CRM software is often an added advantage.

The technology industry, financial services sector, and manufacturing sector are among the most common industries that employ sales professionals in Western Cape. Other sectors, such as healthcare and education, also have a presence of sales roles.

In terms of career development, sales professionals in Western Cape can expect to progress through various stages, from entry-level sales positions to senior account management or sales leadership roles. Opportunities for training and professional development are often available, including sales certifications, product knowledge updates, and industry-specific conferences. As experience grows, so does the scope of responsibilities, with sales professionals taking on more complex sales strategies, managing larger client portfolios, and contributing to sales team performance metrics.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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