A reputable bank is currently seeking an experienced Senior Business Manager to join their team in Rustenburg. The ideal candidate would reside in the North West or would relocate to the area and have knowledge of that area.

Duties:

• Financial performance
• Customer service
• Customer growth
• Credit and risk management
• Compliance with legislation
• People Management

Requirements:

• Diploma/Bachelor's Degree in Business Management or Finance
• Business knowledge and acumen
• Understand interdependencies between industry knowledge, business and financial risks, Business banking product knowledge, pricing and taxation (to determine feasible operating tactics for the Centre to maximize total profit and minimize loss
• People management principles and practices
• Financial Modelling: activity-based costing, financial analysis (evaluating and identifying trends), complex cash flow cycles (industry/ sector specific)
• Principles and practices of business economics and the current business economic environment.
• Different industry sectors and sector risk profiles/ trends; this includes an understanding of the impact of climatic conditions on markets
• Managing Local Market (MLM) sales principles and practices to manage and optimise retention and growth within the Centre.
• General banking practices and procedures.
• Knowledge of competitor product offerings/ channels/ operational and marketing tactics.
• Credit principles and practices, including an understanding of credit application, securities and
• Legal entities (companies, close corporations, sole proprietorships etc.) in the commercial market and the legislative restrictions and requirements governing these from a financial services perspective.
• Financial Advisory and Intermediary Services Act (FAIS) and the Financial Intelligence Centre Act (FICA).
• Extract and apply information to CRM (Customer relationship management) strategy
• General understanding of how Business Banking operates, as well as understanding the business risks, industry risks and financial requirements pertaining to the business market