Director, Transaction Banking Sales📣 Job Ad
| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Riyadh |
About the Role
Standard Chartered is seeking a Director, Transaction Banking Sales to join its team in Riyadh, Saudi Arabia. This role is focused on expanding Transaction Banking (Cash) product penetration within the region. The position involves providing strategic insights to identify new business opportunities, developing and delivering value propositions and complex solutions to clients, and leading product-related strategies to meet evolving client needs. A key responsibility includes channeling market trends and crucial information back to the team to support continuous improvement and strategic alignment.
This role offers the opportunity to shape client-level strategies, drive digitization initiatives, and identify significant Cash business opportunities. The Director will be responsible for structuring and pitching appropriate solutions, ensuring the seamless delivery of client mandates, and collaborating with internal teams to deliver a superior client experience. This is a full-time opportunity based in Riyadh, Saudi Arabia.
Key Responsibilities
- Develop long-term strategic and tactical client-level strategies for assigned clients, ensuring alignment with overall account plans and coverage partners.
- Create a global calling plan and conduct thorough client stakeholder mapping as part of client strategy development.
- Define and drive a clear digitization agenda within the assigned client portfolio to enhance client loyalty, increase wallet share, and strengthen share of mind.
- Partner with trade distribution teams to augment capacity and meet diverse client requirements.
- Proactively identify Cash business opportunities, structure and pitch suitable solutions, deliver compelling pitches, and ensure the seamless execution of client mandates.
- Collaborate with implementation, client management, and service teams to ensure a consistent and superior client experience throughout the engagement lifecycle.
- Develop a joint operating plan with Product teams to achieve country revenue targets for cash products, aligned with the Transaction Banking sales strategy.
- Lead the identification of explicit and implied client needs, engage key influencers and decision-makers, develop innovative solutions, and spearhead proposals and client pitches.
- Provide input into Business Case Analyses (BCAs) for the assigned client portfolio.
- Work with Structured Solutions Teams to develop integrated cash and trade finance solutions for clients.
- Develop comprehensive trade, cash, and transactional FX solutions tailored to client needs.
- Manage the execution of deals through to revenue realization, with a focus on completed implementations.
- Leverage input from the Transactional Sales team to drive client engagement and revenue realization, addressing any emerging issues.
- Document negotiations for new-to-bank business opportunities.
- Participate in credit and compliance approvals, particularly concerning Product Policy Governance (PPG) deviations.
- Drive the utilization of Trade limits to maximize client engagement and revenue.
- Ensure that post-sales service issues are managed effectively by Client Management and/or other relevant departments.
- Participate in Deal Review Processes and adhere to Good Governance processes for Reverse Solicitation.
- Ensure strict adherence to all pricing governance and guidelines.
- Oversee Transaction Banking Sales risks within the country, ensuring alignment with global standards, enhancing risk metrics, and promoting a strong risk culture.
- Maintain a strong record of successful internal and external audits.
- Comply with established sales practices, relevant policies, and behaviours in accordance with Culture and Conduct & Behaviours guidelines.
- Develop a comprehensive understanding of local regulations and initiatives from industry bodies to ensure proactive alignment with regulatory changes.
- Engage proactively with business and functional partners and stakeholders to advance the origination sales agenda with clients.
- Champion the Standard Chartered brand and embody the values of SCB AG in all activities, including strict adherence to the Group Code of Conduct.
- Assume personal accountability for fostering the highest standards of ethics, including regulatory and business conduct, ensuring full compliance with all relevant laws, regulations, guidelines, and the Group Code of Conduct.
- Collaborate effectively to identify, escalate, mitigate, and resolve risks, conduct, and compliance issues.
Qualifications and Requirements
- A Bachelor's degree is required.
- Fluency in both English and Arabic is essential.
Required Skills
- Proven capability to proactively identify client needs and develop innovative solutions that generate new business opportunities.
- Skill in cultivating a robust network of relationships with key influencers and senior decision-makers to identify and secure deals.
- Ability to analyze the commercial impact of client needs and offer strategic solutions and advice that enhance the client's operational and financial performance.
- Strong knowledge of Trade and Cash Products.
- Proficient client management skills.
- Excellent relationship management capabilities.
- Demonstrated sales experience.
Work Environment and Experience
This is a full-time position based in Riyadh, Saudi Arabia. The role requires 5-10 years of experience in a relevant field.
Standard Chartered is an international bank committed to making a positive difference for its clients, communities, and employees. The company encourages questioning the status quo and finding new opportunities for growth. The organization's purpose is to drive commerce and prosperity through its unique diversity, with a brand promise to be "here for good." The culture values difference and advocates for inclusion, emphasizing doing the right thing, being assertive, challenging each other, and acting with integrity, always prioritizing the client. Continuous improvement, simplicity, and learning from experiences are core values. The bank fosters a culture of collaboration, inclusivity, and long-term building.
Requirements
- Requires 5-10 Years experience
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