DBS Bank

VP, Financial Institutions Sales Manager, Global Transaction Services, Institutional Banking Group

DBS Bank  •  Singapore, SG (Onsite)  •  2 hours ago
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Job Description

Business Function

Global Transaction Services (GTS) comprises of Cash & Trade, Securities Services and Fiduciary Services. In an increasingly borderless world marked by burgeoning trade flow, expertise in trade finance services is an invaluable asset. With cash the lifeblood of every company, so too, is a good understanding of how to manage these cashflows. Trade Finance, together with Cash Management, is the mainstay of GTS, and is extended to SME and corporate clients for their local and cross-border financial transaction needs.

Job Purpose

The GTS Financial Institution Sales Manager is responsible for driving new-to-product client acquisition and GTS product revenues from existing clients and new-to-bank prospects. The sales manager will be responsible for the Bank segment. GTS uses a consultative selling model to engage clients and prospects effectively, within which the GTS Sales Manager completes a client needs analysis and recommendation to provide appropriate cash management, open account trade, and trade finance solutions.

Responsibilities

  • Grow Income - Grow GTS Client Revenues by deepening client wallet share through new and recurring product sales efforts. Ensure Cash and Trade mandates are implemented and expected revenues are realized.
  • Win New-to-Bank Business - Secure Cash and Trade mandates from assigned clients and new to bank prospects.
  • Develop Open Pipeline - Continuously build a comprehensive pipeline of Cash and Trade opportunities for assigned clients and new to bank prospects.
  • Client Planning - Plan and execute detailed GTS Client Plans for Priority Clients.
  • Digital Advisory - Leverage digital channels to engage and acquire clients. Advise assigned clients and new-to-bank prospects with their digital transformation of traditional financial services processes.
  • Achieve Revenue targets & Key Performance Indicators (KPIs) - Drive cash and trade business for assigned clients and new to bank prospects to deliver assigned revenue targets and KPIs in support of the overall GTS revenue plan and business objectives.
  • Work independently and in teams to deliver KPIs - Collaboratively interact with business partners and stakeholders including Relationship Management, and other GTS functions including Client Management & Implementation, Product Management and COO teams to design and implement GTS solutions to increase/defend the GTS wallet share for assigned clients and new-to-bank prospects.
  • Apply a Consultative Sales approach to all client engagements - Continuously engage clients to keep abreast of their evolving business priorities, as well as their working capital and treasury management practices to proactively position existing and emerging GTS capabilities to address clients’ changing situations.
  • Develop and drive sales pipeline - Identify new prospects, create sales proposals and lead required 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 value.
  • Actively engage trade finance clients - Continuously engage clients on their utilization of DBS trade limits and revenue realization to sustain the Bank’s trade franchise.
  • Collaborate with peers across the GTS network to secure new for clients - Collaborate with regional sales managers and other business partners and stakeholders across the GTS franchise offshore to provide in-country engagement to support regional account acquisition.
  • Digital Advisory - Lead/participate in Client journeys and drive digital engagement across the GTS franchise to support clients’ digital agendas.

Requirements

  • At least 8 years of relevant experiences. Master’s degree/University Degree education level, preferable majored in Banking, Business Management and Finance.
  • 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).
  • Ability to influence and impact outcomes.
  • Strong team player with good communication and interpersonal skills.
  • Strong communication skills, both written and verbal, and interpersonal skills.
  • Ability to handle multi-tasking environment, meet deadlines, and work with a wide range of sensitive and confidential issues.
  • Ability to take initiative, work independently and accomplish a task with little supervision.
  • Strong strategic mindset with proven analytical skills.

Location:

DBS Asia Central

Job:

Product Sales

Schedule:

Regular

Employee Status:

Full time

DBS Bank

About DBS Bank

DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 14 consecutive years from 2009 to 2022.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Singapore, SG
Year Founded
1968
Website
dbs.com
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