Transactional Products Officer Jobs – Stanbic Bank

This job falls under:

Banking Jobs in Uganda, Business Administration Jobs in Uganda, Finance Jobs in Uganda, Sales and Marketing Jobs in Uganda

Job Title: Transactional Products Officer

Organisation: Stanbic Bank

Duty Station: Kampala, Uganda

About Organisation:

Stanbic Bank Uganda Limited is a subsidiary of Stanbic Africa Holdings Limited which is in turn owned by Standard Bank Group Limited. Standard Bank Group is the largest African banking group by assets and earnings. Stanbic Bank Uganda was established in 2002 and is the largest bank in Uganda by assets and branch network.

Job Summary: To contribute to the growth of the Liabilities book through the analysis of product performance, product planning and design, and product management of PBB Transactional and Liabilities products.

Key Duties and Responsibilities:

To ensure revenue collection on all products and services by monitoring all fee lines for accurate pricing and subsequent collection, proper system set up and timely response to all queries assigned from a customer perspective.
Monitor the current concession book to ensure clients are meeting conditions for the concession, the right accounts actually have the correct concessions loaded, review the book to ensure concessions granted are still profitable therefore preventing revenue leakage and at the same time growing the total income to the bank.
Analyse transactional liability reports in order to provide insights and recommended actions to the segment and product heads regarding the performance of the products.
Develop product proposals to suit customer needs based on customer engagements, surveys, feedback from the staff across the business which will be presented for approval to the product committee via the Manager, Transactional Products and Liabilities.
Attend Business Development Committee, identify cross sell opportunities for clients discussed at the committee and offer solutions to the relationship managers for consideration.

Qualifications, Skills and Experience:

First Degree Business Commerce or related from a recognised Institution
4 years experience within the Consumer Banking sector with the ability to do financial modelling, Business acumen to understand and drive impact of actions on product economics.
Experience managing risk (financial, reputational, regulatory, Guarantees and understanding the reporting process
Strong analytical skills and ability to make decisions independently.
Knowledge and experience of Trade product Guarantees, Sanctions/compliance.
Experience with all relevant publications governing guarantees Uniform Rules for Demand Guarantees no 758, International Standby Practices ISP 98
Experience with issuance of Foreign Outward and Inward Guarantees, spot transactions, Nostro and Vostro accounts, exchange rates, balance of payments, exchange control, Nostro/Vostro reconciliation, SWIFT concepts,

Additional Information

Continuous Process Improvement

Aligning Business to Strategy

Purposeful Collaboration

Product and Services Knowledge

Product Related Systems (Business Banking)

Customer and Client Focused Innovation

Adopting Practical Approaches

Challenging Ideas

Conveying Self-Confidence

Developing Expertise

Documenting Facts