Job Title: Customer Relationship Manager
Location: Cape Town
Contract/ Perm: Perm
Discipline: Financial and Business Solutions
The Customer Relationship Manager maintains and extends their relationship with strategically important partners by implementing innovative CRM strategies. They will ensure that their interaction with them is collaborative in nature and grows their lifetime value to both the Acquiring partner and company against both revenue and profitability targets. This is accomplished by understanding and anticipating the current and future business needs of the merchant, communicating these across the organisation and presenting technical and business solutions to meet those needs. The role leads the merchant's account planning cycle, which includes mutual performance objectives, financial metrics and critical milestones for a one and three year period. The Customer Relationship Manager must be able to influence the customer's service compliance, loyalty and retention.
The candidate will assume ownership for all aspects of the relationship with key merchants and smaller merchant groups:
Strategy & Growth
Lead the merchant's account planning cycle and ensure this is kept up to date. Assist in the preparation of budget stats for their business with the merchant.
Drive for new revenue with the merchant by identifying new business opportunities for both parties and work with the merchant and/or internal company teams to get these across the line. Assist with planning of rollout to new locations as required.
Engage with the merchant once new company product offerings become available to ensure deployment where appropriate.
Carry out regular opportunity analysis, e.g. to identify unsupported currencies.
Manage and extend upwards the contact matrix within the merchant's organisation ensuring all potential points of contact and influence are being addressed.
Establish merchant's affiliation with other companies (acquirers, third parties) across the globe; identify opportunities this may present and also competitive factors that would need to be taken into account.
Ensure all activity related to the merchant is captured on CRM.
Contractual & Compliance
Remain up to date on all developments within the payment industry; understand any necessary compliance related changes and communicate these to the merchant.
Have a comprehensive overview of company' contractual relationship with the acquiring partner and merchants, being mindful of implications any technical, financial or product related changes might have on their contractual relationship. Highlight contract expiry dates/roll-over periods to team leader and work with them through contract renegotiation period to ensure retention of business.
Intelligence & Insights
Understand the key drivers behind their business with the merchant; be able to identify and examine issues with KPIs and bring these to the attention of the merchant or the appropriate internal company team.
Understand the cause and impact of factors external to the merchant and/or company relevant to revenue performance across all stakeholders and be able to articulate this to merchants.
Leverage the relationship to provide ongoing client and market intelligence. Ensure this information is fed back to team leader.
Understand and leverage Mercury BI reporting capabilities available to the merchant, closely monitoring and analysing performance. Work with the merchant to ensure reports are available to the merchant, understood and used as appropriate.
Understand the merchant business outside of company products. Be inquisitive about how the merchant operates; work at identifying any needs outside of current company product offering and flag these with team management and other