Elite Talent Partner at Hireginie Talent Cloud Pvt Ltd
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Key Account Manager - Sales - Bank (7-9 yrs)
- Our client, a Leading Private Bank, is dedicated to providing exceptional banking and financial services to its customers. With a strong presence in the market, they prioritize customer satisfaction and aim to build long-term relationships with their clients. As an employer, they offer a dynamic work environment that promotes growth, innovation, and career development.
Company : Leading Private Bank
Designation : Key Account Manager -Government Business
Location : Bangalore
Education : Bachelor's degree in Business, Public Administration, or a related field (Masters/MBA preferred).
Experience : Minimum of 7 years of relevant experience in key account management, preferably within government departments or public sector clients.
Qualification: Industry: Banking
- Account Management : Build and maintain strong relationships with key government clients, acting as the main point of contact for all their needs and concerns. Manage the existing key relationships for Government & Institutional Business in the assigned geography/ Cluster for deepening of ETB (Existing to Bank) Book
- Strategic Planning : Develop and execute comprehensive account plans that align with the company's business objectives and contribute to the growth of government accounts.
- Business Development : Identify opportunities for upselling, cross-selling, and expanding the range of products and services offered to government clients.
- Negotiations : Lead negotiations with government agencies to ensure favourable terms and conditions, while balancing company profitability and client satisfaction.
- Collaboration : Coordinate with internal departments, including sales, marketing, legal, and product teams, to ensure seamless service delivery and address client needs effectively.
- Problem Solving : Proactively identify challenges or potential issues within government accounts and work to find creative solutions that align with both client requirements and company capabilities.
- Contract Management : Manage contract renewals, amendments, and terminations in compliance with government regulations and company policies.
- Market Insights : Stay abreast of industry trends, government policies, and competitive landscape affecting government accounts, and use this knowledge to inform account strategies.
- Reporting : Provide regular reports on account status, sales performance, and forecasts to senior management.
- Team Leadership : Provide guidance and mentorship to junior account managers, fostering their professional growth and ensuring consistent service quality.
Job Requirements :
- Bachelor's degree in Business, Public Administration, or a related field (Masters/MBA preferred).
- Experience : Minimum of 7 years of relevant experience in key account management, preferably within government departments or public sector clients.
- Industry Knowledge : Solid understanding of government procurement processes, regulations, and compliance requirements.
- Relationship Building : Proven track record of building and maintaining strong client relationships, resulting in increased sales and customer satisfaction.
- Negotiation Skills : Strong negotiation and conflict resolution skills, with a demonstrated ability to achieve win-win outcomes.
- Strategic Thinking : Ability to develop and execute strategic account plans, aligning client needs with company objectives.
- Communication : Excellent written and verbal communication skills, with the ability to present complex information clearly and persuasively.
- Leadership : Experience in leading and mentoring a team of account managers is a plus.
- Analytical Skills : Proficiency in analysing sales data, market trends, and financial reports to inform strategic decisions.
- Tech Savviness : Comfortable using CRM software, Microsoft Office Suite, and other relevant tools.
- Problem Solving : Strong critical thinking skills to identify and address challenges effectively.