Area Sales Manager - Commercial Loans
Poonawalla Fincorp — Ropar, RUPNAGAR
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Job Description
Poonawalla Fincorp is hiring for this Area Sales Manager - Commercial Loans role in Ropar.
Job Description
Principal Accountabilities
- Lead, mentor, and run a team of Relationship Managers to attain individual and team sales targets.
- Conduct regular team meetings to review performance, deliver feedback, and address any challenges.
- Foster a positive and motivating work environment to enhance team productivity and morale.
- Shape and implement sales strategies to attain business targets for Commercial business loans.
- Analyze market trends, customer needs, and competitor activities to pinpoint prospects for expansion.
- Prepare and execute action plans to penetrate new markets and expand the customer base.
- Support Relationship Managers in acquiring new clients and running existing relationships.
- Guarantee high levels of customer satisfaction by addressing client queries and resolving issues promptly.
- Create and sustain robust relationships with key customers and stakeholders.
- Monitor and evaluate the performance of Relationship Managers against set targets and KPIs.
- Prepare and submit regular reports on sales activities, loan disbursements, and portfolio performance.
- Deliver perspectives and recommendations to senior management based on performance analysis.
- Spot training needs and organize training programs for the sales team to enhance their competencies and grasp.
- Offer ongoing coaching and support for Relationship Managers to help them reach their goals.
- Ensure the team is well-versed with the company's products, policies, and procedures.
- Guarantee all sales activities and loan processes comply with regulatory and company policies.
- Monitor the loan portfolio to minimize delinquency and default rates.
- Conduct periodic reviews of client accounts to assess creditworthiness and financial health.
Qualification, Experience Abilities
- Graduate degree in Finance,Business Administration,or a related field
Frequently Asked Questions
What are the eligibility criteria for the Area Sales Manager - Commercial Loans job at Poonawalla Fincorp?
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 5-7 Years years of relevant experience expected for this role.
What are the primary responsibilities of a Area Sales Manager - Commercial Loans at Poonawalla Fincorp?
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Area Sales Manager - Commercial Loans at Poonawalla Fincorp.
Is prior experience required for this position?
This role requires around 5-7 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
What skills are important for this role?
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
How do I apply for the Area Sales Manager - Commercial Loans role at Poonawalla Fincorp?
You can apply directly using the Apply Now button on this page, which will take you to Poonawalla Fincorp's application process for this role.
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