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Director Cash Management Sales UK

Posted 9 Nov 2024
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Work experience
0 to 7 years
Full-time / part-time
Part-time
Job function
Degree level
Required language
English (Fluent)

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The main purpose of the role of a Cash Sales Director is:

To be a subject matter expert in Cash Management across the Corporate Banking teams serving Larger Corporate, International Corporates, and FIG Clients. Deliver leading-edge cash management advice through the sale of complex cash management and liquidity solutions including our working capital product set.

Play an integral part in achieving the Cash income plan through the acquisition of new business in the cash arena and protect income lines from potential competitor threats.

To establish Barclays as one of the market leaders in the field of cash management, aligned with the Corporate Bank Coverage teams within the UK & Europe.

Build and maintain strong customer relationships with valuable key names through effective client planning to ensure Barclays earnings are maximized from the Cash Management Products. Develop potential new banking business, which will require tailored and competitive pricing, and bespoke integration with our customer’s internal systems, with a view to presenting to and influencing larger business customers both at board and operational levels.

Build strong stakeholder relationships with key and senior coverage colleagues and senior colleagues from across the Corporate Bank. Ensuring that common goals are understood and clear initiatives to achieve goals are in place.

Provide introductions to treasury colleagues, as well as other group partners in order to maximize group revenue as a whole.

Assist in developing innovative Cash Management solutions for the industry sectors by working closely with our product team.

Purpose of the role

To generate revenue and promote the bank's diverse product and service offerings to various customer segments.

Accountabilities

  • Identification of potential customers, analyzing their needs and preferences, and staying abreast of emerging market trends and competitor strategies.
  • Creation of detailed profiles for target customer segments, outlining their demographics, financial habits, and pain points to tailor sales approaches and product recommendations.
  • Relationship management of potential and existing customer relations through the execution of high-quality customer support, by responding to queries and resolving issues, gaining their trust, and understanding their financial goals and challenges.
  • Understanding of the features, benefits, risks, and compliance requirements of various banking products and services offered. Understanding of the key features, benefits, risks, enhancements, and regulatory requirements of new and existing banking products, and communicate insights clearly to potential customers to address their financial needs.
  • Development of compelling sales pitches and proposals that showcase the value proposition of the bank's offerings to convert leads into customers, and negotiation of terms that are beneficial for both the client and the bank.
  • Collection and analysis of customer feedback on various products, services, and overall experience, to support the development of reports that communicate key findings to relevant stakeholders, to inform product development and sales strategies.
  • Monitoring of lead conversion rates, customer acquisition costs, and other relevant metrics to assess sales performance and identify areas for improvement.

Director Expectations

  • To manage a business function, providing significant input to function-wide strategic initiatives. Contribute to and influence policy and procedures for the function and plan, manage and consult on multiple complex and critical strategic projects, which may be business-wide.
  • Manage the direction of a large team or sub-function, leading other people managers and embedding a performance culture aligned to the values of the business. Or for an individual contributor, lead organization-wide projects and act as a deep technical expert and thought leader, identifying new ways of working and collaborating cross-functionally. Train, guide, and coach less experienced specialists and provide information affecting long-term profits, organizational risks, and strategic decisions.
  • Provide expert advice to senior functional management and committees to influence decisions made outside of own function, offering significant input to function-wide strategic initiatives.
  • Manage, coordinate and enable resourcing, budgeting, and policy creation for a significant sub-function.
  • Escalate breaches of policies/procedure appropriately.
  • Foster and guide compliance, ensure regulations are observed and that relevant processes in place to facilitate adherence.
  • Focus on the external environment, regulators, or advocacy groups to monitor and influence on behalf of Barclays when appropriate.
  • Demonstrate extensive knowledge of how the function integrates with the business division/Group to achieve the overall business objectives.
  • Maintain broad and comprehensive knowledge of industry theories and practices within own discipline alongside up-to-date relevant sector/functional knowledge, and insight into external market developments/initiatives.
  • Use interpretative thinking and advanced analytical skills to solve problems and design solutions in often complex/sensitive situations.
  • Exercise management authority to make significant decisions and certain strategic decisions or recommendations within the own area.
  • Negotiate with and influence stakeholders at a senior level both internally and externally.
  • Act as the principal contact point for key clients and counterparts in other functions/businesses divisions.
  • Mandated as a spokesperson for the function and business division.

All Senior Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are:

  • L – Listen and be authentic
  • E – Energise and inspire
  • A – Align across the enterprise
  • D – Develop others

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge, and Drive – the operating manual for how we behave.

Barclays moves, lends, invests and protects money for 48 million customers and clients worldwide.

Finance & Banking
London
55,000 employees