Cash Management Sales Manager, GTB Mashreq Bank UAE

Full time @Mashreq posted 11 months ago
  • Dubai, UAE View on Map
  • Post Date : January 16, 2024
  • Apply Before : January 16, 2025
  • Salary: د.إ1,000,025,000.0 - د.إ1,000,025,000.0 / Monthly
  • 0 Application(s)
  • View(s) 29
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Job Detail

  • Job ID 4229
  • Career Level  Intermediate
  • Experience  Fresh
  • Gender  Female|Male

Job Description

Mashreq Bank UAE is currently looking for suitable candidate for the job role Cash Management Sales Manager, GTB to join their team. The primary objective of the role is to drive cash management revenues and attract high quality liabilities by winning cash management mandates with middle market clients in the UAE. This role has responsibility for cash management sales and solutioning for middle market clients primarily in the retail, trading, distribution, services and manufacturing sectors. Middle market clients are defined as those typically generating between AED250mn and AED1bn (approx. USD70-270mn) of sales revenues.

Responsibilities of Cash Management Sales Manager, GTB

  • Achieve Sales Targets: achieve overall revenue and liability targets by identifying and capturing business with high value targets, maintaining pricing discipline on fees and interest margins, and following through to ensure expected transaction volumes and liabilities are realised.
  • Develop Sales Strategy: work with Coverage colleagues, the Regional Sales Head and Product Management to focus your efforts on the highest opportunity areas.
  • Identify the value propositions most likely to resonate with target clients
  • Prepare Account Plans: develop specific account plans for high opportunity names including target opportunities, revenue potential, and action steps to capture the opportunity
  • Drive Sales Calling: maintain high activity calling program to maximize your sales funnel
  • Understand Client Needs: understand key client needs, hot buttons and pain points through a consultative selling approach.
  • Confirm understanding and position the Bank’s offerings where appropriate and relevant.
  • De-prioritize low value or ‘poor fit’ opportunities
  • Develop Solutions: collaborate with Product and clients to develop relevant solutions that meet their needs
  • Facilitate Product Innovation: provide feedback to Product team on competitor offerings client needs, and performance/capabilities of existing products to identify new opportunities for new product development, customisation, or improvement.

What You’ll Do More?

  • Pitch Presentations and Proposals: prepare well-crafted proposals and presentations that clearly articulate solutions matching the specific needs of the client. Pitch solution to the client.
  • Secure Mandates: follow up to fine tune proposed solutions, clarify issues and respond to questions, and refine pricing where necessary to secure the mandate.
  • Maintain Sales Disciplines: always complete call reports after each client interaction, update the deal pipeline.
  • Maintain Expertise and Knowledge: work closely with Product to stay abreast of the latest products, features and capabilities.
  • Read relevant articles to stay up with treasury and cash management practices.
  • Become the expert on each client’s internal processes to better understand needs and structure solutions.
  • Train corporate RMs and clients on cash management products and practices when required.
  • Drive Revenue Ramp: ensure completion of all contracts and paperwork for deal activation.
  • Engage Implementation team for larger deals and ensure a proper handover.
  • Stay with the deal and periodically attend client meetings to ensure the client is happy and the implementation is progressing well.
  • Assist on further solutioning where required.
  • Follow up with client to ensure the promised business volumes and liabilities are transferred to Mashreq.
  • Check on progress with implementation and monitor revenue reports.

Requirements of Cash Management Sales Manager, GTB

  • Bachelors degree in Business, Finance or in Accounting.
  • 3-5 years of cash management experience in Sales or Account Management roles.
  • Experience ideally selling or supporting cash management services in multiple corporate business segments.

Skills and Knowledge Desired

  • Good product knowledge in Collections, Payments and Liquidity Management.
  • Working knowledge of cash management practices in Corporates.
  • Strong communication, relationship management and analytical skills.
  • Strong communication ability and executive impact.

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