Job Description
About the Role
The Head: Business Development Unit is a critical role that drives growth and expansion for our Corporation. This position requires a seasoned professional with extensive experience in business development, deal origination, and transactional expertise within the financial services sector.
Key Responsibilities
- Develop and execute strategic business development plans aligned to the Corporation’s growth objectives.
- Develop and sustain a robust pipeline of high-quality projects and transactions through proactive origination and business development.
- Comprehensively map industry and sector opportunities to generate a list of prospects.
- Build and maintain strong relationships with clients, global, regional and local private businesses, banking and multilateral partners, and government officials to further develop specific underwriting opportunities.
- Work closely with the underwriting team to find innovative solutions that address client transactional needs and provide support.
- Collaborate with internal teams to design, develop and refine the company’s products and services.
- Liaise with the medium- to long-term underwriting and short-term insurance trade teams to ensure seamless handover and continuous oversight of transactions post-application.
- Conduct market research to identify appropriate business opportunities that match the company’s products and eligibility requirements.
- Play a proactive facilitation role in matching business opportunities with relevant clients to unlock potential deal flow for the company.
- Pursue various business initiatives to increase the company client base across different market segments and geographies.
- Contribute to internal and external knowledge-sharing platforms by providing specialist input in areas of expertise and championing a culture of client-centricity.
- Provide leadership and management to direct reports to ensure effective execution of their roles in alignment with the corporate strategic plan, annual performance plan and balanced scorecard objectives.
- Ensure sufficient execution capabilities exist within the Business Development Unit.
- In collaboration with other business units, establish, execute and manage the distribution channels of the company’s products.
- Build and maintain relationships with key stakeholders such as partner banks, development finance institutions, export councils and industry associations.
- Manage the end-to-end sales process, from lead generation to deal closure.
- Champion the adoption of innovative digital solutions, including online portals and automated processing systems, to enhance customer experience and improve operational efficiency.
- Prepare regular reports on business development activities, including performance, market trends and potential growth areas.
- Present business development strategies and progress updates to the Executive Committee and Board Committees.
- Represent the company’s at industry forums and networking events.
- Develop and manage business unit budgets and financial forecasts.
- Carry out any other duties assigned by executive management.
Requirements
- A minimum of an Honours degree in a commercial or technical discipline, including but not limited to Economics, Accounting, Finance, Banking, Science, Law, or Engineering.
- A postgraduate qualification, preferably a CA(SA), CFA, MBA, or Marketing qualification, will be advantageous.
- A minimum of 8 years’ transactional experience in deal origination and deal structuring within the financial services sector, with a proven track record in business development and originating successful transactions.
Qualifications
No specific qualifications mentioned in the original job description.
Salary & Benefits
No salary information provided in the original job description.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Sales Jobs in Gauteng
The sales industry in Gauteng, South Africa is a dynamic and competitive field, with various sectors driving demand for skilled professionals. Generally, the job market trend in this region indicates a steady growth in sales-related positions, driven by the increasing importance of businesses in South Africa’s economy.
Typically, sales roles in Gauteng offer a broad salary range, which can vary widely depending on factors such as level of experience, company size, and industry sector. For example, entry-level sales positions may start at around R200 000 to R400 000 per annum, while senior sales professionals or those working in large corporations can earn upwards of R800 000 to R1 500 000 per year. However, it’s essential to note that these figures are general estimates and actual salaries can differ significantly depending on individual circumstances.
Common skills required for a successful sales career in Gauteng include excellent communication and interpersonal skills, the ability to build strong relationships with customers and colleagues, negotiation and closing techniques, product knowledge and industry insights, and proficiency in CRM software and other sales tools. Additionally, many sales professionals in this region possess a degree or diploma in business, marketing, or related fields.
Sales roles can be found across various industry sectors, including financial services sector, technology industry, manufacturing sector, and more. These industries often require sales professionals to have a deep understanding of their respective markets and customers, as well as the ability to adapt to changing market conditions.
For those looking to pursue a career in sales, there are typically several opportunities for professional development and growth. Many companies offer training programs, mentorship schemes, and performance-based bonuses, which can help sales professionals advance their careers and increase their earning potential. Additionally, certifications such as the Certified Sales Professional (CSP) or the Advanced Sales Certification (ASC) can demonstrate a commitment to excellence and enhance job prospects.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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