This is a Treasury Sales Officer role, managing a portfolio of the subsidiaries of US HQ’ed Commercial Banking clients across the APAC market.
New sales wins, revenue growth and retention within a predefined portfolio as a corporate sales consultant across all BofA markets – across treasury, trade and FX
Engage key decision makers of the largest and most demanding clients advancing the relationships from 1) access 2) dialogue 3) material relationship 4) pipeline 5) mandate, to 6) strategic advisor
Work closely with other regions and Global Commercial banking (GCB) team to deliver solution to our clients
Pro-active approach to sales, sending unsolicited proposals, lead client engagement and pitches / presentations
Respond to RFPs (request for proposal)
Constantly review client names to ensure that the names achieve and maintain hurdle profitability levels or exit the relationship based on the Bank’s business objectives.
Identify and implement revenue opportunities for names assigned via cross-sell opportunities through ongoing discussions with clients
Coordinate with implementation and services teams to ensure a smooth implementation and high client satisfaction
Ensure timely resolution of relationship-sensitive client servicing issues within the organization and act as the senior escalation point in relationship-sensitive key service issues
Completion of ad-hoc projects related to names and accounts
Develop existing client relationships to advance business opportunities and close deals. Understand client objectives for transaction banking and other cash and treasury related services; effectively match bank resources and capabilities against client requirements to develop business opportunities deliver incremental revenue
Ensure complete alignment in client selection and growth strategies with GCB banking colleagues.
Design, write and present proposals/cash management solutions to existing and prospect clients
Delivery of revenue and new business pipeline in accordance with defined and agreed goals and objectives
Ensure full observance of and adherence to applicable compliance and other regulatory requirements and guidelines
Provide client and market feedback to management and business partners, including for product development and enhancement
Act as Corporate client Sales liaison with Banking, Investment Banking, Credit and Risk; Compliance; Product Management; Client Delivery & Service; Implementation; and Operations
Produce or provide input for both external and internal marketing to enhance the visibility of the Bank of America Merrill Lynch franchise
Participate in industry events, represent Bank of America externally
Coach and support the development of team resources, including Treasury Sales Analysts (TSA)
Provide input and briefing information for senior management client calls and other interactions in-region
Responsible for making decisions on many day-to-day aspects of client relationships
Requirements
Relevant cash and trade sales or relationship management experience within a top tier international/ regional bank
Proven track record in managing complex cash and trade deals for multinational corporations
Excellent written and oral communication skills, in English.
Strong presentation skills
Strong inter-personal and organizational skills
Able to successfully develop and maintain collaborative working relationships
Strong financial skills
Knowledge of Corporate Treasury functions
Strong client engagement skills with an unwavering focus on client satisfaction and growing business
A strong team player who understands how to leverage various businesses functions/partners to drive business growth and support the US client management and sales teams
Willing to travel cross-regions and within the region.
Strong PC skills (Word, Excel, PowerPoint, etc)
Proven negotiation and active listening skills
Excellent critical/strategic thinking and problem resolution skills
Successfully demonstrates creative thinking while adhering to guidelines
Strong business/financial acumen
Demonstrates the ability to foster strong partnerships within the core team and the ability to build sincere rapport with client contacts
Effectively manages competing priorities in an organized fashion while maintaining a consistent level of client satisfaction
Successfully maneuvers throughout the enterprise
Proactively engages all internal partners for sales opportunities
Effectively manages risk while balancing the needs of the client, the team, and the bank
Able to effectively work as an individual contributor as well as a close team member in a fast paced environment
European International treasury management experience and product knowledge
Intrinsically motivated to continuously improve processes and/or a strong desire to learn
Ability to lead small groups while effectively delegating tasks
Exercises the desire to mentor and sponsor other Associates