Saturday , April 13 2024

Nedbank Vacancies in Durban – Business Manager

  • Full Time
  • Durban

Website Nedbank

Job Description:

To create and increase revenue and economic profit from new and existing clients in order to achieve the banks strategic objectives and create shareholder value.

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Job Responsibilities:

  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
  • Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy).
  • Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
  • Identify and confirm own financial targets by aligning with business unit targets.
  • Achieve or exceed targets by developing and implementing account plans for clients and targetting new business.
  • Develop an account plan for each client using knowledge of the client’s needs and by engaging with relevant stakeholders to identify tailor-made solutions to meet the client’s needs.
  • Manage costs by monitoring expenses and keeping within budget parameters.
  • Achieve economic profit by reviewing pricing annually and making required adjustments.
  • Provide relevant recommendations by maintaining sound knowledge of bank’s products and solutions; staying abreast of the market and business environment; by using research conducted by bank economic unit and by reading economic and financial material.
  • Meet client and bank needs by confirming that recommended solution is in line with bank guidelines for economic profit; bank business needs and regulations and by managing client expectations.
  • Support the implementation process by communicating with the client and internal stakeholders; monitoring progress; gathering feedback and taking corrective action.
  • Achieve agreed objectives within cost and time parameters by identifying potential and actual problems and working with relevant stakeholders to find solutions.
  • Manage all risks and ensure compliance by following regulatory requirements and bank’s internal policies and procedures; identifying risks and non-compliances and taking corrective action.
  • Recommend improvements for efficiency and competitve advantage by providing client and market feedback to relevant stakeholders.

Job Requirements:

  • Matric / Grade 12 / National Senior Certificate
  • Degree or diploma at NQF Level 6 in commerce, business, finance or law.
  • Conducting root cause analysis
  • Analysing situations or data that requires an evaluation of multiple factors
  • Building and maintaining effective cross-functional relationships with internal and external stakeholders
  • Analysing and interpreting qualitative and quantitative data
  • Brainstorming ways of improving a product or situation
  • Challenging the status quo with a view to improving the environment or people’s understanding
  • Conducting gap analysis
  • Coordinating and securing buy-in from internal stakeholders.
  • Comparing two or more sets of information
  • Providing professional advice/opinion
  • 8 years experience in a sales or relationship management role in a banking environment.
  • Banking procedures
  • Communication Strategies
  • Data analysis
  • Governance, Risk and Controls
  • Nedbank policies and procedures
  • Nedbank vision and strategy
  • Principles of project management
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Cluster Specific Operational Knowledge

Job Details:

Company: Nedbank

Vacancy Type:  Full Time

Job Location: Durban

Application Deadline: N/A

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