Sales and Marketing Role in a Bank
Posted 1 year ago
Job Summary:
The Sales and Marketing Associate is responsible for driving sales and marketing initiatives to promote the bank’s products and services, attract new customers, and retain existing clients. This role-plays a crucial part in developing and executing effective sales and marketing strategies to achieve business growth and meet revenue targets.
Key Responsibilities:
- Sales and Business Development:
- Identify and target potential customers through market research, referrals, and networking.
- Conduct cold calls, meetings, and presentations to showcase the bank’s products and services.
- Build and maintain relationships with clients, understanding their financial needs and recommending appropriate solutions.
- Cross-sell and upsell banking products to existing customers to increase revenue.
- Achieve individual sales targets and contribute to the overall sales goals of the bank.
- Marketing Strategy and Campaigns:
- Collaborate with the marketing team to develop and execute strategic marketing plans.
- Conduct market analysis to identify customer segments, trends, and competitive offerings.
- Create and implement marketing campaigns, promotions, and events to increase brand awareness and attract new customers.
- Utilize various marketing channels, including digital platforms, social media, email marketing, and traditional advertising methods.
- Monitor and analyze the effectiveness of marketing campaigns and make recommendations for improvements.
- Relationship Management:
- Foster strong relationships with key stakeholders, including internal teams, external partners, and customers.
- Work closely with product managers to stay updated on new products, features, and industry trends.
- Provide feedback and market insights to assist in the development of new products and services.
- Handle customer inquiries, resolve issues, and ensure high levels of customer satisfaction.
- Stay informed about regulatory changes and compliance requirements in the banking industry.
- Market Research and Competitive Analysis:
- Conduct market research to identify opportunities, customer preferences, and emerging trends.
- Monitor competitor activities, pricing strategies, and marketing campaigns.
- Analyze market data and customer feedback to identify areas for improvement and recommend new sales and marketing approaches.
Qualifications and Skills:
- Bachelor’s degree in business, marketing, finance, or a related field.
- Proven experience in sales, business development, or marketing, preferably in the banking or financial services industry.
- Strong knowledge of banking products, financial services, and market dynamics.
- Excellent communication and presentation skills.
- Ability to build and maintain relationships with clients and internal stakeholders.
- Proficiency in using CRM software and other sales and marketing tools.
- Analytical mindset with the ability to interpret data and make data-driven decisions.
- Self-motivated, goal-oriented, and capable of working independently.
- Knowledge of regulatory and compliance requirements in the banking industry.
Send CVs to jobs@skaikconsulting. com