Product Sales Manager-Cash Management Services

5 - 10 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Product Sales Manager - Cash Management in the Transaction Banking Group, your primary responsibility will be to collaborate closely with Wholesale Bank Relationship Managers (RMs) from Corporate, NBFC, FI, and GBG segments. Your role involves driving transaction banking and liability product sales while acquiring new clients within these sectors. Your efforts will be instrumental in boosting average CASA balances and enhancing Fee Income through scoping and cross-selling of transaction banking products. You will be tasked with managing the transaction banking needs of clients and maintaining crucial regulatory relationships. Your key objectives will include identifying clients with substantial Transaction Banking potential, activating client wish-lists related to Transaction Banking, and nurturing overall business growth. Emphasis will be placed on increasing Current Account Balances and generating Fee-based income from identified clients and prospects. Collaboration with product and strategy teams will be essential, as you provide valuable insights on products, service levels, and product features to help shape a top-notch Transaction Banking product suite. Your role will also involve contributing to the sales strategy for implementing transaction banking services for clients. You will be responsible for developing and executing a comprehensive business strategy encompassing product development management, sales, and service delivery to meet cash management and trade targets. Additionally, you will keep Relationship Managers informed about any new Transaction Banking Products (Cash and Trade) through regular updates and training sessions. Building strong working relationships with all stakeholders to ensure effective execution of responsibilities will be a key focus. You will also gather market knowledge and competitive feedback to evaluate in-house offerings consistently. Collaboration with Product and Operations teams for process re-engineering and product enhancements will be essential to enhance client retention. Furthermore, you will be tasked with identifying and establishing strategic alliances across various segments to deliver innovative solutions to clients. The ideal candidate for this role should have a graduation degree and possess 5-10 years of relevant experience. If you meet the educational qualifications and have the necessary experience, we encourage you to apply for this dynamic role that offers significant opportunities for professional growth and impact within the Transaction Banking space.,

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IDFC FIRST Bank logo
IDFC FIRST Bank

Banking and Financial Services

Chennai

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