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Job Summary:
- Our client in microfinance is looking to hire a Sales Manager who will be responsible for developing and executing sales strategies to drive business growth, increase client acquisition, and expand the company’s microfinance portfolio. This role involves managing a sales team, building relationships with clients, and ensuring the achievement of sales targets while maintaining compliance with microfinance regulations.
Key Responsibilities:
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- Develop and implement sales strategies to grow the microfinance customer base.
- Identify new market opportunities and partnerships to expand financial products and services.
- Conduct market research to understand customer needs and competitive trends.
- Lead efforts to acquire new clients, including individuals and small businesses.
- Maintain strong relationships with existing clients to ensure retention and repeat business.
- Provide financial advisory services to clients and recommend suitable loan products.
- Recruit, train, and supervise sales officers to ensure high performance.
- Set sales targets and provide guidance to the sales team to achieve them.
- Monitor team performance through KPIs and provide coaching as needed.
- Collaborate with the credit team to ensure responsible lending practices.
- Assist in assessing customer creditworthiness and advising on loan approvals.
- Ensure compliance with microfinance policies and regulatory requirements.
- Prepare sales reports and present performance updates to senior management.
- Analyze sales data to identify areas for improvement and optimize sales strategies.
- Track customer feedback to improve products and services.
Requirements
Key Qualifications :
- Bachelor’s degree in Business, Finance, Marketing, or a related field.
- Minimum of 7years of experience in sales, preferably in microfinance, banking, or financial services.
- Proven track record of achieving sales targets and driving business growth.
- Strong leadership and people management skills.
- Excellent communication, negotiation, and relationship management skills.
- Good understanding of microfinance products, credit risk assessment, and financial regulations.
- Proficiency in CRM and sales tracking tools is an added advantage.
Key Competencies:
- Strategic thinking and problem-solving ability.
- Strong customer focus and ability to build long-term relationships.
- Ability to work in a fast-paced, target-driven environment.
- High level of integrity and professionalism.