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Vice President of Sales-Banking Software

Vice President of Sales-Banking Software

Intellect Design Arena LtdMumbai, Maharashtra, India
17 hours ago
Job description

Sales Director

Position Title : VP

Department : Strategic Sales

Reporting-Client Partner

Location-Mumbai

Domain-Transaction banking-Payments,Cash Management,Liquidity,Trade Finance(should have experience in selling)

Role Overview

We are looking for a proactive Sales Account Manager to nurture and expand relationships with our banking and financial clients. The role involves managing existing accounts, driving revenue growth, and ensuring client satisfaction by delivering tailored software solutions. The ideal candidate will possess a strong understanding of account management, a client-centric approach, and expertise in the banking and financial software sector.

Key Responsibilities

Account Management

  • Serve as the primary point of contact for assigned client accounts.
  • Develop and maintain strong, long-term relationships with key stakeholders.
  • Understand client needs, challenges, and business objectives to recommend appropriate solutions.

Revenue Growth

  • Identify upselling and cross-selling opportunities within existing accounts.
  • Collaborate with the sales and technical teams to present and deliver solutions that drive value.
  • Achieve and exceed revenue targets for assigned accounts.
  • Client Success

  • Monitor client satisfaction and proactively address issues to ensure a seamless customer experience.
  • Provide regular updates, insights, and performance reviews to clients.
  • Act as a trusted advisor, ensuring clients see measurable value from the solutions provided.
  • Market Insights & Collaboration

  • Stay updated on market trends, industry challenges, and competitor activities.
  • Work closely with product teams to relay client feedback and contribute to solution enhancements.
  • Coordinate with internal teams to ensure timely delivery and implementation of solutions.
  • Key Performance Indicators (KPIs)

  • Revenue Retention and Growth : Meet or exceed revenue targets for managed accounts.
  • Client Retention Rate : Maintain a high retention rate by delivering excellent client service.
  • Upselling and Cross-Selling : Generate additional revenue from existing clients.
  • Customer Satisfaction Score (CSAT) : Ensure high satisfaction through client feedback surveys.
  • Account Coverage : Frequency of meetings, reviews, and engagement with key stakeholders.
  • Pipeline Development : Maintain a healthy pipeline of upsell and renewal opportunities.
  • Success Factors

  • Client-Centric Approach :
  • Demonstrated ability to understand and align with client goals and objectives.
  • Relationship Management :
  • Build trust and long-term relationships with key stakeholders at all levels.
  • Financial Acumen :
  • Ability to identify growth opportunities and propose cost-effective solutions.
  • Industry Knowledge :
  • Deep understanding of banking and financial software and its applications.
  • Familiarity with industry regulations and compliance requirements.
  • Problem-Solving Skills :
  • Resolve client concerns efficiently and turn challenges into opportunities.
  • Communication and Presentation Skills :
  • Clear and persuasive in presenting solutions, updates, and recommendations to clients and internal teams.
  • Qualifications and Experience

    Education :

  • Bachelor’s degree in Business, Finance, IT, or a related field.
  • Experience :

  • 5+ years of experience in sales account management, with a focus on the banking and financial software industry.
  • Proven track record of meeting or exceeding revenue and retention goals.
  • Skills :

  • Excellent relationship-building and client management skills.
  • Strong analytical, negotiation, and problem-solving abilities.
  • Proficiency in CRM tools (e.g., Salesforce) and Microsoft Office S
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    Vice President • Mumbai, Maharashtra, India

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