Job Summary
- Assist in articulation, ownership and execution of the TB strategy for Business Banking in the commercial banking segment
- To lead and manage senior level client interaction and sales.
- Manage and deliver business objectives through the BB sales team in the commercial banking segment.
- Manage and grow TB business each year across the BB clients in the commercial banking segment.
- Manage the returns while employing sound risk management disciplines
Job Description
Key accountabilities/Deliverables/Outcomes
Accountability: Sales Time Split 50%
- Accountable for the delivery of TB revenues from Business Banking clients in the commercial banking segment.
- Develop and execute the sales strategy to deliver the revenue ambition through a portfolio of existing and target list in BB.
- 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.
- Ensure smooth interaction and communication with the Customer Support team, product development and customer services teams within Business Banking team. Drive alignment with key stakeholders; TB teams across multiple geographies, Business Banking and operations to achieve TB priorities.
- Lead client insight events and industry forums to showcase ABSA’s leadership in Transaction Banking and also to build the brand awareness
- Maintain high performance standards and role model behaviours that demonstrate the bank values.
Accountability: Service and Operational Rigor 30%
- Working with the BB service team ensure delivery of world class customer service practices and ensure adherence to ABSA Service standards.
- Lead the team in assisting the BB coverage teams in the commercial banking segment 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 of fraudulent applications by following each product criteria.
- Ensuring that pricing is authorized by as per mandate Business Banking Director and Transactional Baking Director, 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.
Accountability: Team Support and Management - 20 %
- Set SMART individual objectives that are in line with and seek to achieve the teams overall objectives. Review and drive performance of the team against the objectives on a regular basis,
- Identify training needs and recommend training plans to satisfy those needs for the CSAs.
Role/person specification
Qualification
- Bachelor’s degree or equivalent academic qualifications
- Post graduate or equivalent academic qualifications
Experience
- Over 5 years’ experience in BB or CIB
- Strong people and sales management skills experience
- Frontline Transactional sales experience
- Must be willing to be stationed outside Nairobi. Relevant work experience outside Nairobi will be an added advantage
Knowledge and Skills
- Strong people and sales management skills, and experience in banking.
- 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