Head of Sales at Huko Advisory services

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
3 hours ago

Additional Details

Job ID
156575
Job Views
24

Job Description






Objectives




  • The Head of sales is responsible for developing and implementing effective sales strategies for the bank’s growth and revenue targets.

  • This position entails managing the sales team, overseeing customer acquisition, ensuring customer retention and expanding the bank’s market presence.



Job Roles and Responsibilities



Strategic Planning and Execution:




  • Develop and implement the sales strategy aligned with the bank's business goals.

  • Identify new market opportunities and create plans to capture these opportunities.

  • Set sales targets and ensure they are met by the sales team.



Sales Team Management:




  • Lead, manage, and mentor the sales team to achieve their targets.

  • Conduct regular training sessions to enhance the skills of the sales staff.

  • Evaluate the performance of the sales team and provide feedback for improvement.



Market Analysis and Research:




  • Conduct market research to understand customer needs and market trends.

  • Analyze competitor activities and adjust sales strategies accordingly.

  • Keep abreast of regulatory changes affecting the microfinance sector and adjust strategies as needed.



Customer Relationship Management:




  • Build and maintain strong relationships with key customers and stakeholholders.

  • Ensure high levels of customer satisfaction through excellent service and effective resolution of issues.

  • Develop strategies for customer retention and loyalty.



Sales Operations:




  • Oversee the day-to-day operations of the sales department.

  • Ensure that sales processes and policies are adhered to and are effective.

  • Manage the sales budget and allocate resources efficiently.



Product and Service Development:




  • Collaborate with the product development team to tailor products and services that meet customer needs.

  • Provide feedback from the field to improve existing products and develop new offerings.



Reporting and Analysis:




  • Prepare regular sales reports for the senior management team.

  • Use data and analytics to measure the effectiveness of sales strategies and make data driven decisions.



Team Leadership & Supervision




  • Supervise, coach, and mentor Sales Supervisors and Officers.

  • Conduct periodic performance reviews.

  • Foster a high-performance and compliance-driven sales culture.

  • Monitor key performance indicators (KPIs) and adjust strategies as necessary to achieve targets.



Compliance and Risk Management:




  • Ensure all sales activities comply with relevant regulations and internal policies.

  • Identify and mitigate risks associated with sales operations.

  • Work closely with the compliance team to ensure the sales team's adherence to legal and regulatory requirements.



Collaboration with Other Departments:




  • Work closely with marketing, finance, and operations to ensure a unified approach to achieving the bank's objectives.

  • Facilitate communication between the sales team and other departments to streamline processes and improve service delivery.



Innovation and Continuous Improvement:




  • Foster a culture of innovation within the sales team.

  • Implement best practices in sales management and continuously seek ways to improve efficiency and effectiveness.



Educational and Professional Requirement




  • Bachelor's Degree in Business Administration, Finance, Economics, Marketing or a related field.

  • 7-10 years of experience in Sales or Business Development with at least 5 years in a leadership role.

  • Proven experience in compliance, regulatory affairs, or a similar role.

  • Thorough understanding of the microfinance sector.

  • Strong analytical and problem-solving skills.

  • Ability to develop and execute effective sales strategies.

  • Excellent communication and interpersonal abilities.

  • Certification in CIM, PMP, FRM is advantageous.



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