Business Development Manager - Collection Services

Business Development Manager - Collection Process

The Business Development Manager for the Collection Process plays a critical role in driving the growth and profitability of the organization through the acquisition of new clients and the management of existing client relationships within the collection process domain.

The position contributes to the overall success of the company by identifying new business opportunities, developing and maintaining strong client relationships, and ensuring the successful delivery of collection process solutions.

Key Responsibilities:

- Identify and develop new business opportunities within the collection process sector.

- Build and maintain strong relationships with existing clients to ensure high levels of client satisfaction and retention.

- Collaborate with the sales and marketing teams to develop strategies for expanding the client base in the collection process sector.

- Conduct market research to identify trends, competitive products, and pricing to inform business strategies.

- Prepare and deliver compelling sales presentations to potential clients.

- Negotiate and finalize contracts and agreements with clients.

- Monitor and analyze key performance indicators to assess the success of business development initiatives.

- Provide regular updates and reports on business development activities and progress to senior management.

- Stay updated on industry trends and best practices to ensure the company maintains a competitive edge in the collection process sector.

- Collaborate with cross-functional teams to ensure the successful delivery of collection process solutions to clients.

- Participate in industry events and conferences to network and promote the company's collection process services.

- Contribute to the development of marketing materials and collateral specific to the collection process sector.

- Lead and mentor a team of business development associates.

- Manage the collection process business development budget effectively.

- Develop and implement strategies for upselling and cross-selling collection process services to existing clients.

Required Qualifications.

- Degree in Business Administration, Marketing, Finance, or related field.

- Proven track record of success in business development, specifically within the collection process sector.

- Experience in sales, account management, or business development in a B2B setting.

- Demonstrated ability to understand and analyze complex financial data related to the collection process.

- Excellent communication and negotiation skills.

- Strong strategic planning and business development skills.

- Ability to influence and build relationships at all levels of an organization.

- Proficiency in CRM software and Microsoft Office Suite.

- Ability to travel as needed to meet with clients and attend industry events.

- Proactive and self-motivated with a results-driven approach to achieving targets.

- In-depth understanding of the collection process industry and market dynamics.

- Experience leading and managing a team is preferred.

- Ability to work effectively in a fast-paced, dynamic environment.

- Strong analytical and problem-solving abilities.

- Ability to handle multiple projects and priorities simultaneously.