Posted:9 hours ago
By:Hiring Kenya
Company Details
Industry:
Banking
Description:
Citibank N.A. Kenya has been operating in Kenya since 1974 and has two branches in Nairobi and Mombasa, serving Corporate and Institutional clients. Citibank Kenya is the regional hub for the Citi East Africa cluster, which covers Kenya, Uganda, Tanzania and Zambia. It's the only solely corporate bank in Kenya. Businesses Citi Kenya is structured around business segments, product groups, operations and technology and staff units. The business segment that caters to our diverse customer base is our Institutional Clients Group, which includes the global relationship banking services we provide for top-tier local corporate clients. As a part of our business focus and broader market reach, in 1999 we expanded our target market to cater to the emerging and vibrant middle and lower market tiers. We also have a financial institutions group that is responsible for our businesses with other banks, insurance companies and other non-banking financial institutions. We offer a range of banking services to companies, including commercial finance, inter-bank transactions, investment services, deposits, cash management and electronic banking. We assist our customers with managing their finances to increase the value of their investments and finance their projects. Citi Kenya also provides global transaction services, treasury and corporate finance services. Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank - an institution connecting millions of people across hundreds of countries and cities.
Job Description
- The Financial Institutions Solution Sales Specialist, is responsible for the structuring of Treasury & Trade Solutions (TTS) solutions across Commercial Banks and Central Banks for select portfolio of clients in Sub-Saharan Africa.
Business Objectives:
- To meet the primary business and revenue growth goal across the portfolio of clients
- Business Development and Wallet share growth in the FI segment across Commercial banks and Central Banks for TTS solutions
Core Responsibilities:
- Build the strategy for the FI business - across identification and growth of new business segments, new clients and new flows with a core focus on digitization and market share growth
- Establish, nurture and lead relationships with senior client buying centers for all key clients typically at the level of EDs/GMs and CXO’s.
- Be recognized as a thought leader in the industry and work with customers to provide an enabling solution, 1st to market in an evolving business environment.
- To penetrate deeper and grow market share across Commercial Banks and Central Banks to further consolidate our position as a top correspondent through implementation of various strategies including “Bank for Banks” to help our bank clients compete with growing fintechs in the cross-border payments space.
- Build productive working relationships with partner groups across regional/global sales teams, product, operations & technology, legal, compliance, coverage and market teams. Be involved in cross-functional workgroups to ideate and implement actions that improve customer experience with Citi TTS
The complexity of the FI segment stems from:
- Impact of regulatory guidelines and restrictions
- Credit linkages
- Reciprocity orientation
- Incumbent should possess specialized product knowledge of TTS products, keen understanding of the FI segment and the ability to build senior relationships. In addition, the incumbent has to:
- Work with coverage teams, regional and global FI teams, product teams regional bank partners amongst others
- Ability to deal with uncertainty and change due to internal requirements and regulations change and adapt strategy
- Evolving buying centers- like Chief Digital officer and teams and stay on top of changing key decision maker networks across client segments
- Achieving an aggressive revenue growth number in a highly competitive market by selling a diverse portfolio of 10+ products/sub-products
- Maintaining customer relationships across diverse functions like Accounts, Treasury, Marketing, Purchase, IT etc. to ensure appropriate coverage across buying centers
Financial/ Budgetary:
- Delivering revenue growth goals across select client portfolio Sub-Saharan Africa, with a specific focus on Commercial banks and Central Banks
- Handling a 40+ client base with another a few prospects
Key Deliverables:
- Manage customer expectation with the existing resource base. To ensure customer confidence despite instances of non or error-prone delivery due to resource capacity constraints both in terms of people as well as system.
- Increasing customer volumes/revenues in a competitive and dynamic environment
- Knowledge depth within the cash and trade organization, for value-adding beyond one’s normal scope of activities on an ongoing basis.
- Promote team involvement in Process and Change Management within the myriad of existing regulatory constraints.
Qualifications
- Bachelor Degree or Masters (preferred)
- Possess specialized product knowledge in Cash and Trade across FI segment
- Prior work experience in financial services experience in the areas described above
- Relevant experience in the field of transaction banking or relationship management in cash and trade
- Ability to quickly understand cash and trade product propositions, business drivers, policies, customer needs and market and competition
- Managing effectively, the success transfers from TTS region
- al and global cash and trade sales teams
Salary: Discuss During Interview
Education: Diploma, High/Secondary School
Employment Type: Full Time