Channel Development Manager
2 weeks ago
This position is responsible for mid to high level sales for the Equipment Finance - Technology division of the Bank by securing mid to large complex retail installment contracts from dealers. Provides routine and non-routine established solutions to clients by assessing and understanding the scope of their project and offering the appropriate financing for their needs ensuring all credit decisions and application processing programs provide value for both dealers and the Bank. The Channel Development Manager for Technology is responsible for generating lease volume from preferred list of resellers for a private label finance program for the Equipment Finance Division of the Bank. This role will work within a designated territory to prospect and build strong relationships. The primary role responsibility is territory development.
Responsibilities:
Relationship Development: Develop strengthen, grow, and maintain relationships with selected program business partners and program field reps; drive and close new financing opportunities for the private label finance program; engage at C-Level, VP of Sales, and Sale Management Contacts to strategize, win their endorsement of the program, and implement our finance program as part of their overall sales solution; participating on customer sales calls, creating lease proposals, and supporting the RFP process for the vendor field reps. Regularly attends and presents at Vendor Sales/Management meetings to provide updates on the latest news, current events, and the overall direction/results of the program
Prospecting: Consistently prospect from data base of vendors that currently do not engage in the finance program; onboard new vendors that have not yet leveraged the private label finance program
Internal Development: Support development of internal FCB Internal Sales Executive, developing partnership cadence, and setting expectations of working together to grow the business; Working with FCB Sales Support Team and cross functional support teams (credit, legal, pricing, customer service) to streamline processes and drive operational efficiency.
Forecasting and Reporting: Provide monthly forecasts and weekly updates to management; track volume over monthly, quarterly, and annual goals; develop primary list of prospect vendors, strategy to win, and track success.
Marketing: Research industry trends, understand competitive environment, and leverage information internally to develop competitive solutions; assist in developing and implementing marketing and promotional offerings designed to increase demand
Qualifications:
Basic Qualifications:
Bachelor’s Degree with 5 years of experience or High School Diploma/GED with 10 years’ experience in Financial Sales
Preferred Qualifications:
Undergraduate degree
Basic skills of (url removed), Microsoft Office and ability to use T-Value in support of the sales effort.
Proficient in developing relationships with vendors/distributors/reseller and customers.
Ability to work effectively with all levels of management (internally and in the customer organization)
Effective organization, time management, and follow-up skills
Understanding of residuals and pricing methodology
Understanding of financial statements and ability to structure transactions to match risk profile.
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