Business Manager

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We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

1. To see what life at Capitec is all about and complete a short assessment, please click here!

2. Once you have completed the above finalize your application by clicking apply below.

Purpose Statement

- To achieve agreed monthly sales targets in a functional area of Business Banking, Rental Finance, or Payment Services by value and number of applications through an established supplier/ business partner network. To grow the supplier portfolio through successful identification and implementation of value adding and specialised business banking / rental finance / payment service product solutions and maintain service delivery standards to all internal and external suppliers and business partners.

- To contribute to the overall profitability of Business Bank, Rental Finance, or Payment Services by promoting and selling products to new and existing clients.

Experience

Min:

- 5+ years of general business banking, rental finance or payment services experience and relationship-building

- Supplier management experience

- Managing a complex portfolio of business customers with a service and financial analysis focus

- Preparing and motivating credit applications

- Cost control and sales management

- Client focus – service delivery

- Experience in the business banking, rental or payment services market

- Remote / distance relationship management

- Turnaround times and working within those limits

Ideal:

- 1-2 years managerial / leadership experience

- 1-2 years managing a small business centre

Qualifications (Minimum)

- A relevant tertiary qualification in Finance or Business Management

Qualifications (Ideal or Preferred)

- A relevant degree in Finance or Business Administration

Knowledge

Min:

- Principles and practices of business economics and the current business economic environment

- Customer relationship management (CRM) principles and techniques

- Able to extract, analyse and apply CRM insights to influence the client management approach and strategy

- Different industry sectors and sector risk profiles / trends; e.g. impact of climatic conditions on agricultural market

- Understanding of the current local market and industry principles and practices to optimise retention and growth within the portfolio

- General banking practices and procedures.

- Knowledge of competitor product offerings/ channels/ operational and marketing tactics.

- Credit principles and practices, including an understanding of credit application, securities

- Legal entities (companies, close corporations, sole proprietorships etc.) in the commercial market and the legislative restrictions and requirements governing these from a financial services perspective.

- Financial Advisory and Intermediary Services Act (FAIS) and the Financial Intelligence Centre Act(FICA).

- General understanding of how Business Banking, Rental Finance or Payment Services operate, as well as understanding the business risks, industry risks and financial requirements pertaining to the business market

- Understanding of rental finance, payment services and related products

- Discounting process

- Understanding of the office automation, IT, telephony rental and payment services environments

- General office and administration practices and standards

Ideal :

- Features, benefits and value propositions of the respective company product/service offerings.

- Multi-level products available and pricing structures

- Current taxation laws as they apply to customers.

- A good knowledge of administration processes and procedures pertaining to transactions in functional area

- Financial Modelling; activity based costing, financial analysis (evaluating and identifying trends),complex cash flow cycles (industry/ sector specific)

- BB/MRF/Payment Services policies and procedures

Skills

- Analytical Skills
- Attention to Detail
- Commercial Thinking Skills
- Communications Skills
- Computer Literacy (MS Word, MS Excel, MS Outlook)
- Decision making skills
- Influencing Skills
- Interpersonal & Relationship management Skills
- Negotiation skills
- Problem solving skills
- Strategic Thinking Skills

Conditions of Employment

- Clear criminal and credit record

Capitec is committed to diversity, applications to this position will strictly be considered in support of our employment equity goals.