18 Jan 2024

Transactional Banking Sales Manager at Absa Bank Limited

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Job Description

Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance.

Job Summary

To provide specialist advice and support in sales, enabling the provision of sound claims assessment expertise.

Job Purpose

  • Assist in articulation, ownership, and execution of the TB Strategy for Global Corporates (GC) portfolio in Nairobi Region Kenya.
  • To lead and manage senior level client interaction and sales.
  • Manage and deliver business objectives for the portfolio of clients assigned in this segment.
  • Manage and grow TB business each year across the portfolio of clients.
  • Manage the returns while employing sound risk management disciplines.

Key Accountabilities

Sales – 70%

  • Accountable for the delivery of TB revenues from a portfolio of clients assigned in GC.
  • Develop and execute the sales strategy to deliver the revenue ambition through the portfolio of existing and target clients in GC portfolio.
  • Increase client penetration and revenues for the bank network and product capabilities (cross selling) replicate TB solutions and success within the portfolio.
  • Lead the team to achieve qualitative and quantitative performance objectives of your portfolio. Leveraging the existing sales tools and techniques to identify opportunities for new business.
  • Maintain detailed and up to date knowledge of the bank’s comprehensive products and their application to clients needs and use this knowledge to structure solutions.
  • Set SMART individual objectives that are in link and seek to achieve the overall objectives.
  • Ensure smooth interaction and communication with customer support team, product development within GC team.
  • Drive alignment with key stakeholders; TB teams across multiple geographies, LLC & PC, Global corporates, Business Banking & Operations to achieve TB objectives.
  • Maintain high performance standards and role model behaviours that demonstrate the bank values.

Service and operational rigour – 30 %

  • Working with the LLC & PS service teams to deliver world class customer service practices and ensure adherence.
  • Working with the LLC & PS service teams to develop relationship account plans for their customer portfolios.
  • Achieve Operational rigor excellence in all aspects of procedures and process undertaken to ensure 100% compliance.
  • Minimize potential for fraudulent applications by following each product criteria.
  • Ensuring that pricing is authorized by Transaction Banking Head, agreed with customer, and properly set up to ensure 100% collection upon product/customer set up.
  • Follow the 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.

Requirements

Preferred Qualification

  • Postgraduate or equivalent academic qualifications
  • Over 5 years banking experience, majority of which must be in Cash and Trade.

Preferred Experience

  • Cash and Trade product knowledge

Knowledge & Skills

  • Solid and proven frontline transactional sales experience across Working Capital, Trade Finance (documentary trade products i.e., LCs, bonds & guarantees; bank & country risk products), Supply Chain Financing & Cash Management (Regional/Local payments, receipts and liquidity management structures, system infrastructure, etc.)
  • Skills for analysing 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’ mentality.
  • Strong negotiation and presentation skills; ability to communicate with all levels in an organisation.
  • 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




Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 31 January. 2024





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