Senior Specialist Twc Origination

Sandton, Johannesburg, South Africa

Job Description


Empowering Africaxe2x80x99s tomorrow, togetherxe2x80xa6one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary We are looking for a seasoned Trade and Working Capital Sales expert. In this role you will identify and engage with new-to-bank corporate clients across target markets that do not have an existing banking relationship with the Bank. The main focus is to acquire clients for the Trade business.

The job will entail:
o Identifying of target clients
o Originating and qualifying the opportunity
o Seeking credit approval for facilities
o Executing and implementing deal as approved
o Strategy formulation and execution



In this role your key accountabilities will include the following;

Origination/Acquisition:

  • Maintaining an active calling program with non-banked corporate clients (annual revenues of R1bn and greater) with the primary purpose of securing Trade and Working Capital facilities for the target prospects whilst cross selling the broader CIB value proposition.
  • Identifying research and create a target list of potential new clients for sourcing and engagement.
  • Identifying potential clients post coverage interlock, who should be contacted. The Specialist is accountable to ensure that the bankxe2x80x99s representatives have a full understanding of the clientxe2x80x99s business operations, Trade and Working Capital and International Banking requirements.
  • Engaging with stakeholders i.e. Coverage, risk, operations to appropriately solution the client.
Deal Project Management:
  • Managing all live and active transactions by working with the respective deal teams to ensure seamless execution.
Risk Management:
  • Ensuring adherence to Absa-wide compliance and risk policy procedures
  • Operating in accordance with Absaxe2x80x99s risk appetite and lending procedures
  • Responsible for credit risk management with the respective coverage teams and management of credit action plan
Operations and Compliance:
  • Actively keep up to date with all relevant knowledge, legislation and developments within the business unit and banking industry that may have an impact on the effective delivery on the role
Kindly send us your CV if you have the required experience as well as;
  • B-degree in Commerce, Sales & Marketing or Finance; and/or any other suitable academic field of study
  • 8 xe2x80x93 10 years Trade Specialist experience with a track record in documentary trade, supply chain and open account short term lending transactions.
Education

Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

Absa

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Job Detail

  • Job Id
    JD1290141
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Sandton, Johannesburg, South Africa
  • Education
    Not mentioned