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Head of Cash Management – Mackenzie – Kuwait

Mackenize_Jones

Mackenzie Jones is driven by a conviction that great organisations and great people deserve to find one another. After all, you’ll be spending a great deal of time with one another.

 

The Company

My client is one of the largest banks in the Middle East

The Role

  • Achieve/exceed cash management sales and revenue goals.set for the WBG – Government banking coverage team
  • Professionally package and sell cash management products to target customers enabling them to manage their accounts, payments and collections effectively; deepening relationships and reinforcing loyalty to THE BANK in order to capture operating accounts, and generate liabilities and float/fee income.
  • Proactively manage a portfolio of the bank customers, supporting the “Fast Forward” Client Service Teams as the Cash Management Product Specialist head for Government banking segment.
  • Cash liabilities and revenue (float income and transaction fees)
  • Number of deals closed/Number of products sold
  • Transaction throughput/volume
  • Number of new to bank customer acquisition
  • Number of customer sales calls per month
  • Cross Sell
  • Work in close partnership with RMs to identify Cash opportunities.

 

  • Conduct wallet sizing exercise.

 

  • Engage consultative sales approach to identify client needs.

 

  • As a product specialist, package and sell customized Cash Management products (i.e., payments, collections, account and liquidity management, internet banking and other channels) and solutions to clients under the Wholesale Banking Group.
  • Achieve/exceed agreed customer acquisition, revenue, deal, transaction and deposit targets.
  • Manage and grow an assigned the customer portfolio, maximizing customer coverage and product penetration.
  • Perform role as cash product specialist for liquidity management, local and cross-border payments, collections, information delivery to Wholesale Banking customers as well as Relationship Management Teams.
  • Analyse customer transaction banking profile and determine the potential for generating increased business.
  • Plan the sales strategy and develop sales/deal pipeline for the Government banking segment.
  • Visit clients across all target market sectors in order to understand needs, and to establish or maintain and expand business relationships.
  • Prepare product proposals and pricing. Negotiate pricing, terms and conditions, which will result to deal closure and revenue optimization.
  • Provide customers with the necessary legal and product documentation and assist in completion.       Forward completed documentation to the Implementation Team.
  • Prepare all required reports on Cash Management Sales
  • Ensure that customers receive a satisfactory sales support through regular visits and follow-ups.
  • Facilitate/resolve customer and product-related issues.
  • Refer non-cash management business opportunities to other units.
  • Perform other additional responsibilities and initiatives that will be assigned.

 

The Person

  • Degree in Business Administration, MBA or equivalent is an advantage
  • Cash Management and Sales Training
  • 8+ years experience in corporate banking / liabilities/ cash management

Click Here To Apply

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