Sales job at Absa Group Limited is a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance. Absa’s strategic ambition is to continue to grow as a Pan-African bank. In our Nigeria office we offer trade finance, investment banking and market products through our various Nigerian registered subsidiaries.
Financial Institutions Trade Sales Manager Job Summary
| Company | Absa Group Limited |
| Position | Financial Institutions Trade Sales Manager job |
| Industry | Online Sales / Marketing |
| Employment Type | Full time |
| Location | Murtala Muhammed Drive, Lagos |
| Salary | Not specified |
| Experience | 5 years or more Sales and Banking experience |
| Deadline | 2nd November, 2024 |
Job Description
In this role you will be accountable for:
- Pricing to ensure that the threshold returns are met, reviewing and negotiating the full range of FI Trade solutions together with effecting any cost reduction initiatives required by the Group
- Displaying in-depth knowledge and understand the risk profile of relevant products and services
- Acting as the senior sales representatives on opportunities with key clients and/or deals
- Driving best practice in lending and risk policies ensuring this remains in line with economic and market practices
- Driving FI Trade thought leadership within responsible sectors, segments and geographies
- Maximising revenue growth through business development
- Developing effective strategies for winning new clients in order to generate new income for the Group.
- Identifying new sales opportunities in the form of new to bank or new to trade alongside Relationship Managers/Coverage colleagues
- Achieving the profitability hurdle rate as agreed with Customer Groups
- Managing pipeline of new customers and follow end to end sales process
- Managing senior stakeholders across Coverage, Middle Office, Operations, Credit and Portfolio Management.
- Identifying market and industry trends, by analysing sector research, economic periodicals and industry journals and advise clients on these.
- Meeting and exceeding all targets as set
Requirements
- Candidates should possess a Bachelor’s Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)
- 5 years or more Sales and Banking experience
- Good understanding of FI Trade needs including excellent working knowledge of client accounting and Treasury.
- Excellent knowledge of International Banking, Treasury, Trade & Working Capital and broader Transactional Banking to ensure one can provide sound advice and specialized solutions to the client and gain the position of trusted adviser.