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Cash Sales Manager Jobs – Absa Group Limited (formerly Barclays Bank UK)
Job Title: Cash Sales Manager
Organisation: Absa Group Limited (formerly Barclays Bank UK)
Duty Station: Kampala, Uganda
About US:
Absa Group Limited (formerly Barclays Bank UK) is a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance. Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees.
Job Summary: The Cash Sales Manager will have the primary objective of maximizing the Bank’s earnings through the sale of Cash Management solutions to targeted Corporate clients. To be accomplished by winning new client mandates, expanding existing relationships, and protecting current business flows. To ensure new Cash Management income streams are sustainable, this role must support the establishment of strong, long-term client relationships in conjunction with the RM of the organization.
Key Duties and Responsibilities:
Sales Performance & Business Management – 60%
- Achieve sales performance targets as specified and agreed to within annual objectives.
- Segment each client/prospect based on anticipated need and forecasted growth potential. (Priority Client Zoning)
- Agree on annual client sales objectives and action plans with the line manager for all ‘Priority Clients’ and review progress quarterly.
- Plan specific call objectives required to ‘advance’ the sales process with each client.
- Complete call reports to summarize discussions, opportunities and agreed actions related to all client sales calls.
- Maintain accurate ‘Cash Maps’ for all ‘Priority Clients’ as new information is identified during the sales process.
- Uncover client dissatisfaction with current situation in areas where Absa can provide alternative solutions.
- Update sales pipeline system on a weekly basis as new business opportunities are identified and existing deals are moved forward.
- Determine unique decision criteria, roles, and priorities of each client ‘buyer’ involved in the sales process.
- Influence relative importance of client decision criteria to maximize fit of Absa’s proposed solutions.
- Structure compelling solution proposals to demonstrate a thorough understanding of each client’s requirements and objectives.
Team work – 20%
- Monitor progress of all implementations and provide appropriate support to ensure all client expectations are met or exceeded.
- Develop links with other related companies and product areas to maximise cross selling opportunities.
- Attend selected seminars and conferences to promote cash solutions to targeted customers and prospects
- Coach and up skill team members in regards to cash products as opportunities present themselves
Risk, Governance & Control – 20%
- Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Absa Policies and Policy Standards.
- Identify, manage and mitigate risks and risk events (incidents) relevant to the role.
Qualifications, Skills and Experience:
- The applicant must hold a Bachelor’s Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)
How to Apply:
All suitably qualified and interested candidates who wish to join ABSA Group in the aforementioned capacity should apply online at the link below.
Deadline: 30th September 2023
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