
Regional Sales Manager
1 day ago
Seeking experienced Regional Sales Manager to lead our sales efforts for affordable housing loan products. The ideal candidate will have a strong background in the financial sector, specifically in NBFC, with a focus on affordable housing. The Regional Sales Manager will be responsible for Identifying business opportunity, opening spokes, Hiring/Managing teams, Achieving sales volumes with good yield and permissible bounce rates .
Key responsibilities:
- Need to Manage 8-12 Branches .
- Develop and implement regional sales strategies to meet or exceed sales targets for home loans and LAP products.
- Analyze market trends, competitor activities, and customer needs to identify sales opportunities and areas for growth.
- Build a good distribution network and ensure that each Sourcing point is active and does business contribution.
- Prepare and manage sales budgets and forecasts for the region.
- Ensure productivity, Ensure Sufficient lead generation opportunity are created, Conversion Ratios.
- To Ensure higher yield and better insurance penetration.
- Recruit, train, and manage a team of sales professionals, ensuring they have the necessary skills and resources to succeed.
- Define and communicate all performance parameters to the complete hierarchy.
- Conduct regular performance reviews, and take required steps to ensure productivity
- retention of talent
- Foster a collaborative and motivating work environment to enhance team performance and morale.
- Prepare and present regular sales reports, including performance metrics, sales activities, and market insights, to senior management.
- Use data and analytics to evaluate sales performance, identify areas for improvement, and make data-driven decisions.
- To be aware and to make team aware to prevailing KPI.
- Ensure proper travel and touch base at branches by self and team
- Ensure compliance with all regulatory requirements, company policies, and ethical standards in the sales process.
- Monitor and manage risk associated with loan sourcing and disbursements, ensuring adherence to credit policies and procedures.
- Ensure each employee is aware and adhere to integrity guideline
- Ensure portfolio quality and bounce ratios
- be aware of market and bounce and raise proper red flags
Qualifications and Key Skills
- Bachelor's degree in Business Administration, Finance, or a related field (MBA preferred).
- Minimum of 10+ years of experience in sales management, preferably in the home loan and LAP product sector.
- Experience of Managing multiple locations is must
- Proven track record of achieving sales targets and driving business growth.
- Strong leadership and team management skills.
- Good communication and interpersonal skills.
- In-depth knowledge of home loan and LAP products, market dynamics, and Legal and Technical requirements.
- Ability to travel within the designated region as required.
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