Send me more jobs like this

Sorry, This job is expired.

Sales Manager - Global Transaction Services (GTS)

Keywords / Skills : Sales Manager, Global Transaction Services , GTS, GTS Sales Manager, client acquisition , Grow Income, Client Planning, Client Planning, Digital Advisory

6 - 10 years
Posted: 2019-07-22

Banking/Financial Services
Sales/Business Development
Banking, Insurance & Financial Services
Regional Sales
Posted On
22nd Jul 2019
Job Ref code
Job Description

Business Function
Global Transaction Services (GTS) is a product group focused on the management and sale of Cash Management, Trade Finance, and Securities & Fiduciary products and services to institutional clients. DBS aspires to be recognized by clients and competitors as one of the top GTS providers in its key markets. This is achieved through an ongoing process of efficiently matching clients’ changing business requirements with product capabilities.
Job Purpose
The 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 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.
Key Accountabilities
  • 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.

Job Duties and Responsibilities
  • 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.
  • Provide client and market feedback and insight into GTS’ 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’ and new to bank prospects’ business strategies, and the industries in which they operate. Keep abreast of traditional and new competitors’ selling to your clients, as well as the evolving regulatory landscape.

Minimum Requirements   
  • At least 6-8 years of relevant experience;
  • Education / Preferred Qualifications - University level Bachelors 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, 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.

Apply Now 
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

About Company

DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named “Asia's Best Bank” by The Banker, a member of the Financial Times group, and “Best Bank in Asia-Pacific” by Global Finance. The bank has also been named “Safest Bank in Asia” by Global Finance for seven consecutive years from 2009 to 2015.

Walkin for you