Cash Management Sales Manager
5461 absa bank ghana
📍 absa bank head office gh ghana🕐 1mo ago🔗 workday
Job Description
### **Empowering Africa’s tomorrow, together…one story at a time.**
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
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**Job Summary**
• The primary objective of this role is to maximise the Bank’s earnings through the sale of Cash Management solutions to existing and new to bank corporate clients.
• To be accomplished by winning new client mandates, expanding existing relationships, and protecting current business flows.
• To ensure new Cash Management income streams are sustainable, this role must support the establishment of strong, long-term client relationships in conjunction with the RM/RD organization.
**Job Description**
**Sales Performance**
**Time split: 60%**
* Achieve sales performance targets as specified and agreed to within annual objectives.
* Segment each client/prospect based on anticipated need and forecasted growth potential. (Priority Client Zoning)
* Agree on annual client sales objectives and action plans with RM/RD organization for all ‘Priority Clients and review progress quarterly.
* Plan specific call objectives required to ‘advance’ the sales process with each client.
* Complete call reports to summarize discussions, opportunities and agreed actions related to all client sales calls.
* Maintain accurate ‘Cash Maps’ for all ‘Priority Clients’ as new information is identified during the sales process.
* Uncover client dissatisfaction with current situation in areas where Absa can provide alternative solutions.
* Update sales pipeline system on a weekly basis as new business opportunities are identified and existing deals are moved forward.
* Determine unique decision criteria, roles, and priorities of each client ‘buyer’ involved in the sales process.
* Influence relative importance of client decision criteria to maximize fit of Absa proposed solutions.
* Structure compelling solution proposals to demonstrate a thorough understanding of each client’s requirements and objectives.
**Teamwork Output**
**Time split: 20%**
* Monitor progress of all implementations and provide appropriate support to ensure all client expectations are met or exceeded.
* Develop links with other related companies and product areas to maximize cross-selling opportunities.
* Attend selected seminars and conferences to promote cash solutions to targeted customers and prospects
* Coach and up skill team members regarding cash products as opportunities present themselves
**Risk & Control**
**Time Split: 10%**
* Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and internal Absa Policies and Policy Standards
**Self**
**Time Split: 10%**
* Agree performance development objectives with the team leader.
* Pursue self-development to increase personal effectiveness, acknowledging strengths and areas for development.
**Technical skills / Competencies**
* Demonstrated cash management industry expertise or excellent cash management knowledge.
* Detailed local market knowledge
* University Degree within business field, MBA an added advantage
* Good knowledge of excel
**Knowledge & Expertise**
**Critical competencies:**
* Strong interpersonal, negotiation and selling skills.
* Ability to work across in a virtual environment and across a demographic split.
* Self-starter and performance driven
* Good presentation skills, Oral and written
**Development competencies:**
* Communications and influence.
* Excellent People Skills
* Relationship/ partnership approach
* Planning & organisation
**Educational Background & Work Experience**
* Basic requirements - A degree holder with appreciation for numerical and statistical analysis
* Preferably a master’s degree holder in Finance or a related field e.g. Economics, Business, Commerce, etc.
* A minimum of 3 years work experience in a similar role would be an added advantage
**Education**
Bachelor\`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)