Business Development Executive - Transactional Banking
New Yesterday
MAIN OBJECTIVES:The Business Development Executive – Transactional Banking, will be responsible for supporting an assigned Relationship Manager (RM) working in the Digital Transactional Banking (DTB) division to meet and exceed the performance objectives of the assigned RM by establishing and developing new corporate target customer industry sectors aligned to the Bank’s strategy.You must be focused, dedicated, always striving to exceed expectations, whilst maintaining strong and fruitful working relationships with any DTB Clients and your colleagues within the business to gain their trust and respect.MAIN DUTIESContribute towards Digital Transaction Banking’s success through sales support and key performance targets.Acquire new business opportunities with a focus on Financial Regulated Companies including APIs, EMIs, Brokers, Asset Management Firms, Wealth Management Firms and Fund Managers.Also acquire new business opportunities with a focus on payments and FX.Research, plan and implement new Business sectors that are aligned to the Bank’s strategy.Development & maintain effective marketing schedules.Develop/design campaign ideas for customer attraction.Maintain iFAST Bank policies, procedures and controls and ensure that they are always followed as first line of defence.Ensure that with new business sectors introduced service levels and facilities can be maintained and improved that will increase standards of customer service to achieve brand loyalty.Enable strong relationships with all 3rd parties to raise the profile of our brand in the market.Perform any other reasonable duties as and when the business requires.Enable strong relationships with all your colleagues and any clients to optimise utilisation of iFAST’s products and services.Support client retention strategies for all our new and existing customers.Cultivate knowledge: Participate in networking opportunities; read professional publications; grow your network.Ensure that iFAST Bank’s ‘Treating Customers Fairly’ policy and “Consumer Duty Policy” are both considered when aligning new business sectors with iFAST Bank facilities.EDUCATION & TRAININGIdeally educated to degree level in finance or business-related discipline or marketing, with demonstrable relevant experience.Required to keep up to date with the financial services and banking regulations.Ensure that you understand the Regulatory Licences applicable to Financial Institutions (training can be provided)EXPERIENCE AND SKILLS REQUIRED:You must have a minimum of 2 years’ experience in a similar role, ideally within Retail or Commercial Banking, or a Non-Bank Financial Institution in the Payment Sector environment.Success by meeting key business targets individually and/or collectively within a team.Demonstrable experience of providing innovative and creative ideas to drive and increase revenue growth.Structured, organised and methodical in your day-to-day planning.Ability to interact, persuade and influence key stakeholders.Understanding of services required by Financial Institutions such as Foreign Exchange, all types of Payments, and Client savings services, and the intricacies within each of these schemes.Knowledge of UK regulatory compliance requirements, AML/Financial Crime and risk management principles is preferred.INDEPENDENT ACTION & DECISION MAKINGProactively manage your day-to-day activities ensuring that the appropriate policies and procedures are always adhered to.ACCOUNTABILITY FOR ACTIONS/RESULTSImplement all necessary actions to achieve business objectives and successfully grow new business sector client bases as well as iFAST’s existing business sector client base.CONFIDENTIAL INFORMATIONOne of your key responsibilities will be to ensure that all client records, including their financial information and personal details, are securely maintained at all times, in compliance with the General Data Protection Regulation (GDPR).WORKING CONDITIONS37.5 hours per week Monday to Friday, although candidates are asked to work flexibly to suit business needs, this is subject to business and operational requirements. These hours will be inclusive of your contracted 37.5 hours per week, so take this time back during the week.Travel will likely only be within UK based on our present branch and customer locations, any changes to this will be discussed and agreed with you at that time.MENTAL DEMANDS & JOB COMPLEXITYThe job requires an ability to undertake planning of multi-layered, integrated responsibilities; to react quickly and professionally to resolve any problematic issues.Openly communicate with management so any arising issues can be dealt with and prevented in the future.Ability to work under pressure and tight deadlines.The Right Qualities:Possess good team-spiritDedicated to go the extra mile for workSmart and InnovativeHighly self-driven to excelInquisitiveAnnual leave– 25 days plus 8 bank holidaysPension plan– 4% employer contribution to support your retirement savingsPrivate Medical Insurance– comprehensive cover for your health and wellbeingHybrid working– 60/40 split following successful completion of probationProfessional development– ongoing training and career progression opportunitiesFree gym access in the building
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- Location:
- City Of London, England, United Kingdom
- Job Type:
- PartTime
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Business Development Executive - Transactional Banking
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OverviewBusiness Development Executive - Transactional Banking. The role supports an assigned Relationship Manager (RM) in the Digital Transactional Banking (DTB) division to meet and exceed performance objectives by identifying and developing new co...
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New Yesterday
Business Development Executive - Transactional Banking
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City Of London, England, United Kingdom
MAIN OBJECTIVES:The Business Development Executive – Transactional Banking, will be responsible for supporting an assigned Relationship Manager (RM) working in the Digital Transactional Banking (DTB) division to meet and exceed the performance object...
More Details -