Posted on Wed 29th May, 2024 - hotnigerianjobs.com --- (0 comments)
Citibank Nigeria Limited (CNL) was incorporated in Nigeria on May 2, 1984 and the oldest international bank in the country. It provides a wide range of financial products and services to corporate and commercial customers, financial institutions and public sector organizations. It offers deposit and loan products, global transaction services, cash management, sales and trading, corporate finance and investment banking products.
We are recruiting to fill the position below:
Job Title: Financial Institutions Sales Head - Nigeria / Ghana
The Financial Institutions Sales Head for Nigeria/Ghana is responsible for the structuring of Treasury & Trade Solutions (TTS) solutions across Commercial Banks and Central Banks for Nigeria and Ghana
Business Objectives
To meet the primary business and revenue growth goal across the Nigeria and Ghana
Business Development and Wallet share growth in the FI segment across Commercial banks and Central Banks for the 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.
Be a leader in innovation & digitization, and uptier client engagements through co-creation and collaboration including open mindset on collaboration with fintechs in collaboration with the Solutions Sales Head for Fintechs
Provide supervisory support and guidance to Global Solution Sales and Client Executives supporting the portfolio.
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 Nigeria and Ghana with a specific focus on Commercial banks and Central Banks
Handling a 80+ 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's or Master's Degree (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 regional and global cash and trade sales teams