Vp, Sales Manager, Global Transaction Services, Institutional Banking Group

Singapore, Singapore

Job Description


Business FunctionCorporate and Investment Banking provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long-standing relationships with its customers in the region that are based on account relationship management, service differentiation, product development and rigorous credit standards.\xe2\x80\x8bJob PurposeThe GTS Sales Manager is responsible for driving new-to-product client acquisition and GTS product revenues from existing clients and new-to-bank prospects. GTS uses a consultative selling model, within which the GTS Sales Manager completes client needs analyses and recommendations to effectively engage clients and prospects and thereby provide appropriate cash management, open account trade, and trade finance solutions.Key Accountabilities

  • Increase Income \xe2\x80\x93 Grow GTS Client Revenues in line with the budget by deepening client wallet share through new and recurring product sales efforts. Ensure Cash and Trade mandates are implemented and expected revenues are realized.
  • Provide Digital and Working Capital Advisory \xe2\x80\x93 Leverage DBS\xe2\x80\x99 digital channels and working capital solutions to acquire and engage clients, providing advice which helps in the transformation of traditional financial services processes and improvements in working capital positions.
  • Develop New Pipeline \xe2\x80\x93 Work with IBG (MIDCAP/SME) coverage to continuously build a comprehensive pipeline of Cash Management and Trade Finance opportunities.
  • Win New Business \xe2\x80\x93 Secure Cash and Trade mandates, working with Relationship Managers, GTS Product, GTS Implementation, T&O and relevant stakeholders to deliver the agreed solutions.
  • Develop and Deepen GTS Client Relationships \xe2\x80\x93 Establish forward-looking group-wide GTS client account plans based on clients\xe2\x80\x99 own strategies and needs, leveraging DBS network and GTS capabilities, both for Outbound and Inbound opportunities.
Responsibilities
  • Drive cash and trade business to deliver revenue targets and related KPIs in support of the overall GTS revenue plan and business objectives
  • Develop a healthy GTS pipeline of inbound and outbound opportunities, by identifying new prospects, creating sales proposals, and providing senior leadership into sales pitches to win new business. Actively manage the sales pipeline to reflect current best estimates of product solution components, time to mandate & implement, and opportunity values. Monitor to ensure future expected revenues remain strong.
  • Work with various business partners including IBG, Branch heads, T&O, T&M etc. to drive organizational goals in unison
  • Lead/execute client events to improve the profile of the bank, showcasing a consultative sales approach
  • Actively engage clients on their needs to identify opportunities to position DBS\' cash, trade and transactional fx capabilities, and gain insights on client utilization profiles to identify actions needed to maintain and grow DBS\' wallet share
  • Collaborate with sales managers and other business partners and stakeholders across the GTS franchise offshore to provide in-country engagement to acquire regional mandates.
  • Provide client and market feedback and insight into GTS\xe2\x80\x99 innovation agenda. Identify emerging market requirements and material client opportunities and work with relevant GTS stakeholders to determine appetite to pursue. Provide input into business requirements.
  • Be inquisitive - Stay up to date on assigned clients\xe2\x80\x99 and new to bank prospects\xe2\x80\x99 business strategies, and the industries in which they operate. Keep abreast of traditional and new competitors\xe2\x80\x99 selling into assigned clients, as well as the evolving regulatory landscape.
  • Comply consistently with Group and Business Unit risk and control standards.
Requirements
  • At least 10 years of relevant experience
  • Education / Preferred Qualifications \xe2\x80\x93 University-level bachelor\xe2\x80\x99s degree, preferably having majored in either Business Management/Economics/Finance or Computer Science or related Digital 4.0 discipline
  • Certifications - Cert ICM or ACT (preferred); FCI certification for International Factoring (preferred)
  • Knowledge and Skills:
  • Strong GTS product knowledge in one or more of the GTS product businesses (cash, open account trade, and trade finance) with a strong track record of sales and business development experience
  • Demonstrated ability to perform within a matrix organization and regional multi-country franchise
  • Established track record of delivering strong revenue growth derived from local & cross border cash & trade solutions
  • Credit experience/knowledge (preferred).
  • Other requirements:
  • Ability to influence and impact outcomes
  • Strong team player with good communication and interpersonal skills
  • Strong communication skills, both written and verbal
  • Ability to operate in a multi-tasking environment, meet deadlines, and work with a wide range of sensitive and confidential issues
  • Ability to take initiative, work independently and to accomplish tasks with little supervision
  • Strong strategic mindset with proven analytical skills.
Apply nowWe offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

DBS Bank

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Job Detail

  • Job Id
    JD1466084
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned