Business Development Manager
Current• Partner Relationship Management: Cultivating and maintaining strong relationships with channel partners such as financial institutions, or other businesses. • Identifying Opportunities: Identifying new business opportunities and potential partnerships to expand the distribution of credit cards and loans. • Sales Strategy Development: Creating and implementing effective sales strategies to meet revenue targets and increase the bank's market share. • Collaboration with Internal Teams: Coordinating with internal teams, including marketing, product development, and finance, to ensure seamless execution of sales initiatives. • Training and Support: Providing training and support to channel partners to enhance their understanding of the bank's credit card and loan products. • Market Analysis: Conducting market research and analysis to stay informed about industry trends, customer needs, and competitive offerings. • Compliance Management: Ensuring that all sales activities comply with regulatory requirements and internal policies. • Performance Monitoring: Tracking and analyzing the performance of channel partners and implementing corrective measures when necessary.• Negotiations: Negotiating terms and agreements with channel partners to maximize mutual benefits and strengthen the partnership. • Reporting: Generating regular reports on sales performance, market trends, and other relevant metrics to inform decision-making. Overall, the role involves a combination of strategic planning, relationship management, and execution to drive the successful sale of credit card and loan products through various channels.