Trade Utilization Specialist
Dubai, United Arab Emirates
Job Description
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Job: Transaction Banking
Primary Location: Africa & Middle East-United Arab Emirates-Dubai
Schedule: Full-time
Employee Status: Permanent
Posting Date: 26/Mar/2024, 12:29:19 AM
Unposting Date: 09/Apr/2024, 5:59:00 PM
The Role Responsibilities
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you\'ll see how we value difference and advocate inclusion. Together we:
The Role Responsibilities
- Proactively reach out to existing clients to broaden relationship and deepen wallet share
- Drive client calling/farming activities to defend, maintain, replenish, and grow utilization for existing Trade Finance credit facilities and flow opportunities
- Flow opportunities will include export LC confirmation and discounting
- Credit facilities will span from Documentary Trade (Import LC, Bank Gtees) to Open Account (Invoice, Receivables and Supplier financing) to name a few
- Define existing corporate client focus list alongside Sales and Product leads
- Explore opportunities with non clients around FI products (non client beneficiaries)
- Devise a consistent but adaptive client calling and follow up plan for the targeted clients, with the goal to maintain and grow A&Cs
- Record all client outreach efforts, noting wins and lost opportunities (for lost opportunities, provide feedback on reason for loss)
- Gain insights on clients business requirements to build leads for upsell/cross-sell
- Build relationships with key internal stakeholders, including Product Management, Trade Operations, Trade Sales, Trade distribution, Compliance, Credit and Legal.
- Provide reporting support, tracking, and reporting as required.
- Ensure compliance with all AML, KYC, and all other Compliance requirements.
- Individual Contributor role
- To keep abreast of customers needs, trends and product / market intelligence for new product developments/ enhancements, strengthening SCBs competitive position in this field.
- To understand our clients businesses and to anticipate the requirements
- To provide feedback to management regarding client needs, trends and market intelligence
- Display exemplary conduct and live by the Groups Values and Code of Conduct.
- Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
- Coverage and TB Sales
- Regional/ Country Product Teams
- Operations
- Central product management and product development
- Clients
- Relevant years of client-facing experience, with particular emphasis on quota-carrying roles
- Good working knowledge of Trade Finance products is a must, including but not limited to: Import and Export Letters of Credit, Standby LCs / Guarantees, Invoice Financing, Supplier Finance, Receivables Finance, Working Capital
- Past experience in Sales, Product Management, Trade Operations or Client Service is a plus
- Ability to work with a wide range of stakeholders across different functions to drive a collective agenda across multiple products and stakeholders
- Good interpersonal and communications skills (both in person and over phone and digital channels) and able to build rapport with client portfolio
- Ability to push through rejections and stay resilient and positive are key character and attitude traits for the role
- Fluency in English and the applicable local language is a must; for this posting
- Knowledge of Product Line
- Marketing Strategy and Positioning
- Planning: Tactical, Strategic
- Disruptive Innovation
- Business Markets
- Business Performance Management
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you\'ll see how we value difference and advocate inclusion. Together we:
- Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
- Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
- Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
- Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
- Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum
- Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
- A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
- Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
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Job Detail
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Job IdJD1652215
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationDubai, United Arab Emirates
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EducationNot mentioned