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Profession (Banking, microfinance, insurance, Mid-level)
Industry (Accounting, finance, banking, insurance, Mid-level)
Seniority (Accounting, finance, banking, insurance, Banking, microfinance, insurance)
© Fuzu Ltd
Absa Group Ltd
Banking + 2 more
Description
Education and experience required
- Postgraduate or equivalent academic qualifications
- Over 5 years banking experience, majority of which must be in Cash and Trade.
Knowledge and skills:
- FI Cash and Trade product knowledge
- Solid and proven frontline transactional sales experience across Trade Finance (documentary trade products i.e., LCs, bonds & guarantees; bank & country risk products), & Cash Management (Regional/Local payments, receipts and liquidity management structures, system infrastructure, etc.)
- Skills for analyzing and formatting data provided by Finance and other sources
- Strong sales management skills and experience, ideally with relevant banking or business/corporate banking background.
- Proven treasury, credit, and country risk exposure
- Open minded, good listener, flexible with ‘think out of the box’s mentality
- Strong negotiation and presentation skills; ability to communicate with all levels in an organization
- Disciplined approach to deal execution/client follows up
- Strong cross-cultural awareness
- Excellent interpersonal skills
- Team player
- Excellent knowledge of the banking policies, standards, local regulations, and legislation of the prevention of money laundering
Responsibilities
Sales – 70%
- Accountable for the delivery of TB revenues from portfolio of clients assigned in FI.
- Develop and execute the sales strategy to deliver the revenue ambition through the portfolio of existing and target clients in FI.
- Increase client penetration and revenues for the bank by actively promoting the bank’s network and product capabilities (cross selling). Replicate TB solutions and successes within the portfolio.
- Lead the team to achieve quantitative and qualitative performance objectives for your portfolio. Leverage the existing sales tools and techniques to identify opportunities for new/incremental business - account planning and pipeline management to achieve sales/revenue targets.
- Maintain a detailed and up to date knowledge of the bank’s comprehensive products capabilities and their application to clients’ needs and use this knowledge in structuring of solutions.
- Set SMART individual objectives that are in line with and seek to achieve the overall objectives.
- Ensure smooth interaction and communication with Customer Support team, product development and customer services teams within FI teams across the Absa Group. Drive alignment with key stakeholders; TB teams across multiple geographies to achieve TB priorities
- Maintain high performance standards and role model behaviours that demonstrate the bank values
Service & Operational Rigor – 30%
- Working with the FI operations teams locally and at the group to deliver world class customer service practices and ensure adherence to Absa service standards.
- Work with the FI coverage teams to develop relationship account plans for their customer portfolios.
- Achieve operational rigor excellence in all aspects of procedures and processes undertaken to ensure 100% compliance.
- Minimize potential for fraudulent applications by following each product criteria.
- Ensuring that pricing is authorized by Transaction Baking Head, agreed with Customer, and properly set up to ensure 100% collection upon product/customer set up.
- Follow the TB end-to-end product set-up process ensuring new set-ups are authorized and properly set up.
- Ensure compliance with operations risk & rigour requirements e.g., Health & Safety standards and security of premises.
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