Job Description
Strategic Leadership:
- Goal Setting: Define sales targets and objectives for BDMs based on company goals and market opportunities.
- Market Analysis: Provide insights into market trends, customer needs, and competitor activities to guide the BDMs’ efforts.
- Alignment with Business Goals: Ensure BDMs’ strategies align with the company’s overarching objectives, such as expanding into new markets, launching new products, or acquiring specific customer segments.
Performance Management:
- Tracking Progress: Monitor BDMs’ pipelines, deal closures, and overall performance metrics.
- Feedback and Coaching: Offer regular guidance to enhance sales techniques, relationship management, and negotiation skills.
- Motivation: Foster a results-driven culture, providing incentives and recognition for achieving targets.
Enabling BDM Success
- Providing Resources: Equip BDMs with the tools, technology, and collateral needed to approach clients effectively.
- Training and Development: Organize training on fintech products, regulatory compliance, and industry trends.
- Collaboration Facilitation: Act as a bridge between BDMs and other departments to resolve challenges and streamline processes.
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