drjobs Sales Manager Microfinance

Sales Manager Microfinance

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1 Vacancy
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Jobs by Experience drjobs

8-10years

Job Location drjobs

Nairobi - Kenya

Monthly Salary drjobs

Ks 150000 - 150000

Vacancy

1 Vacancy

Job Description

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 companys 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:

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 problemsolving ability.
Strong customer focus and ability to build longterm relationships.
Ability to work in a fastpaced targetdriven environment.
High level of integrity and professionalism.

- Experience overseeing a business with more than 300 employees and an annual turnover exceeding 6 Billion shillings. - At least 10 years experience in senior management, minimum 3 years experience as an MD role of a MFI or Financial Services. - A deep knowledge of the latest developments in the financial industry. - Well organized, with excellent time management skills and the ability to multitask. - Innovative and entrepreneurial approach. - Develop positive relationships with business partners, investors, and senior management. - Strong leadership skills. Someone who sets a strong example and leads from the front. - Administration of Management Contracts and ensuring that all deliverables are met per the agreement and updated policies are in place.

Education

- MSc degree in business or tech, MBA preferred.

Employment Type

Full Time

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