Associate Principal: Ifi Sales

Johannesburg, Gauteng, South Africa

Job Description

Job Purpose
To manage a portfolio of International Financial Institutions relationships for Nedbank from a coverage point of view, while driving sales of transactional services and managing the network of correspondent banking accounts within the portfolio.
Job Responsibilities

  • Build sound client relationships (existing and new clients) by clear communication; regular meetings and setting clear objectives and timelines.
  • Manage internal stakeholder relationships by collaboration across all clusters; clear communication; agreeing on objectives and timelines and requesting stakeholder input indecision making.
  • Build professional relationships by networking. Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.).
  • Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
  • Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
  • Evaluate deal progress in line with set objectives and timelines by scheduling and leading progress meetings; following up on deliverables; scheduling review meetings with client and reviewing own work before submitting to relevant stakeholders.
  • Ensure timeous submission of credit reviews by effectively planning (setting deliverables; expectations and timelines); early engagement and following up stakeholders on deliverables; delegating and reviewing associates work and assisting in deal implementation across various aspects of the transaction.
  • Monitor and assess credit exposure for any increase in risk by assessing exposures for appropriateness taking into consideration the client business performance and market conditions.
  • Adapt to changes in all relevant legislation and industry trends by attending relevant training sessions or informal meetings with relevant divisions.
  • Ensure appropriate allocation of revenue streams by submitting proposals to finance including a motivation for the recommended classification of the revenue.
  • Resolve work obstacles by lobbying and one on one engagements with relevant stakeholders.
  • Lead transaction to close by completing deal assessments; running various pricing scenarios; structuring the transaction; negotiating legal documents; preparing credit applications and executing on compliance and presenting application to credit committee.
  • Close transactions by sharing your professional skills; completing deal assessments; running various pricing scenarios and scoping financial models; structuring the transaction; executing on compliance and presenting application to credit committee.
  • Maintain and build existing and on-board market share by applying your professional skills.
  • Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
  • Identify training courses and career progression for self through input and feedback from management.
  • Ensure all personal development plan activities are completed within specified time frame.
  • Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
  • Contribute to developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholder's businesses by highlighting benefits in support of the implementation of recommendations.
Essential Qualifications - NQF Level
  • Matric / Grade 12 / National Senior Certificate
  • Advanced Diplomas/National 1st Degrees
Preferred Qualification
Chartered Accountant , Chartered Financial Analyst (CFA),Master Degree in Sciences or Legal.
Essential Certifications
  • Chartered Accountant (SA), Chartered Financial Analyst, Chartered Institute of Management Accountants (Not essential)
Minimum Experience Level
3-5 years' experience in relevant product or related industry
3-5 years of product CVP experience
Technical / Professional Knowledge
  • Microsoft Office
  • Nedbank culture and values
  • Nedbank policies and procedures
  • Nedbank vision and strategy
  • Principles of financial management
  • Principles of project management
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Research methodology
  • Decision-making process
Behavioural Competencies
  • Building Partnerships
  • Collaborating
  • Customer Focus
  • Initiating Action
  • Work Standards
  • Managing Work
  • Technical/Professional Knowledge and Skills
Employment Equity Statement
Preference will be given to individual from underrepresented.
Please contact the Nedbank Recruiting Team at +27 860 555 566
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Job Detail

  • Job Id
    JD1479257
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned