Institutional Sales Manager
Job Summary
- The role holder is responsible for discovering and pursuing new sales prospects, negotiating deals, and maintaining customer satisfaction for all Exchange-related products. He/She is also responsible for generating leads and meeting sales goals through client prospecting and sales presentations.
- To be successful in this role, you will have to demonstrate sales competence, as well as have a deep interest in and understanding of the capital markets and the investment landscape, both domestic and foreign.
Duties & Responsibilities
- Develop a go-to-market strategy based on product and market knowledge, policies and the present nature of the market.
- Preparing a detailed plan for the implementation of business strategy and achieving targets
- Develop and deliver insightful presentations to clients and management as required.
- Understand the Exchange products and market dynamics, and accordingly realign sales strategies.
- Monitoring performance with targets and competition under different parameters.
- Track competitors and develop response strategies.
- Provide all relevant information and clarification to the product team and other relevant teams.
- Ensuring market adoption of new contracts and products listed on the exchange.
- Representing the business in key events/seminars/conferences and other related market events.
- Reviewing the performance assigned portfolio in terms of market participation, traded volumes, active clients, etc.
- Ensure timely resolutions of member queries/grievances if any.
- Ensuring timely collection of market feedback for product improvisations & member expectation.
- Ensuring the spread of knowledge and commodity reports to aid members in doing business.
- Actively seeking out new sales opportunities through cold calling, networking and physical meetups.
- Developing marketing materials and participating in client presentations.
- Responsible for product selling and business development.
- Serve as a relationship manager to clients.
- Onboarding of capital market operators as members of the Exchange.
- Ensure the availability of products on the Exchange through coordination with the internal product development team.
- Ensure capital market operators are equipped with the relevant technology to ensure seamless execution of transactions on the Exchange.
- Develop market reports for dissemination to capital market operators.
- Work with capital market operators and distribution partners to build the appetite of their customers for commodity-linked instruments.
- Participate in ad-hoc projects and perform other activities as may be assigned.
- Embark on trips within and outside Nigeria where necessary.
Requirements
- Bachelor’s degree in Finance, Economics, Business Administration or related fields.
- Advanced understanding of investment products and strategies including mutual funds, ETF and alternative investments.
- A proven track record of sales success.
- Strong sales, decision-making, critical thinking, and problem-solving skills.
- Awareness of industry trends, technology, and developments.
- Knowledge of Global capital markets.
- Established relationships within the investment community.
- Willingness to travel.
- Superior presentation and interpersonal skills.
- Exceptional active listening and verbal and written communication skills.
- Minimum of 3 years of work experience in the capital market or related financial institution.
Method of Application
Interested and qualified? Go to AFEX on hr.afex.africa to apply