Company Description
First Abu Dhabi Bank is an inclusive environment where each person values the experiences, perspectives, ideas and beliefs of others. We’re in a unique position to learn from all our colleagues, combining international experience with deep cultural knowledge and local expertise. At FAB, you’ll have the support of your team and a strong relationship with your line manager, who will trust you with responsibility and recognize your good performance. As we embrace different ways of seeing the world, listening to each other and respecting different viewpoints, we grow stronger – together.
Job Description
JOB PURPOSE:
The role holder is primarily responsible for working with Coverage teams in delivering Cash and Trade solutions, and contributing in the management and growth of Transaction Banking business across the UAE. The role holder will be a member of the team covering Cash and Trade sales in the UAE.
ACCOUNTABILITIES:
Commercial Oversight: Achieving long term results for delivery of working capital for Cash and Trade clients.
Contribute in the identification and development of Cash and Trade business opportunities and profitability across the UAE
New Business: contributor for Cash and Trade product growth jointly with the coverage teams in UAE. Execute calling plans for each industry segment in conjunction with relationship managers (as appropriate) to deepen Cash and Trade product penetration across client portfolio.
Use of consultative approach along with the Cash and Trade knowledge and experience to design and implement suitable innovative solutions for customer’s needs. Support the senior team when structuring cash management deals and responding to RFPs.
New Markets & Products: Support the senior members of the team on the structuring of open account solutions (SCF & RF) and ensure a high-quality customer experience through consultative approach, design and implementing workable and innovative solutions for customer’s needs.
CASA Generation: Manage liquidity and liabilities solutions that drive CASA growth while ensuring best-in-class customer experience.
Regulatory Oversight: Manage proactively the fraud and compliance risks in the Cash and Trade business when developing solutions for clients.
Digital Penetration: Facilitate conversion of all existing and new to bank customers on to FAB’s electronic channels
Pipeline Discipline: Work with the senior members of the team and Coverage to build and maintain a strong Cash and Trade pipeline while remaining focused on pipeline deal mandate closures. This includes regular review and communication to the relevant stakeholders.
Partner with coverage teams to develop quality credit proposals supporting Trade facilities and proactively managing transactional risk in an efficient and profitable manner. Ensure ancillary business in cash management is ring-fenced to FAB.
Service Delivery: Collaborate with other stakeholders to Ensure that customer comes first by delivering best-in-class service.
Business Liaison: Maintain close liaison with intra region and cross regional stakeholders to bring about network connectivity to facilitate cross border transactions and opportunities where possible.
Support the origination activities to increase share of wallet with existing relationships by deep selling new Cash and Trade products and support Coverage team to generate new revenue opportunities from new to bank clients and opportunities.
Work closely with coverage teams and make the unit head aware of performance gaps in your portfolio.
Actively engage with client together with the Seniors and with the Unit Head of Cash and Trade Solutions & Advisory UAE and Coverage team to build business for the Bank.
Support Seniors in the team for structuring Cash & Trade deals and providing technical expertise to relationship managers and facilitate client discussions. This includes structuring Cash and Trade transactions, responding to RFPs and providing technical expertise to relationship managers.
Participating in and contributing to deal teams where transactions require bespoke Cash and Trade solutions.
Establish strong stakeholder relationships and work with colleagues and partners across the network to build a strong pipeline.
Partner with coverage teams in contributing to quality credit proposals supporting structuring of existing and new Trade facilities.
Proactively managing transactional risk in an efficient and profitable manner.
Identify opportunities for continuous improvement of products, systems, processes, and practices while considering client needs, market developments and trends.
Actively participate in opportunities to update product skills, understand market trends and competitor behaviours.
Work closely with Coverage teams across the region and network to propose new markets, clients, and products.
Work with Coverage team on creating detailed Key Account Plan for growing trade business and maximize market share.
Closely monitoring utilization of Trade facilities and cross sell non-credit trade products / services to deepen client wallet.
Understand and comply with regulations and internal policies i.e., Credit/ Compliance/ Operational Risks, etc.
Work closely with Cash & Trade Product innovation team in UAE to finalize documentation/ structures/ rollout new trade products/ solutions.
Qualifications
Minimum Qualification - Degree in Finance, Accounting, Economics, Commerce, or equivalent discipline
Minimum Experience - 3+ years Transactional Banking Experience with specialized knowledge and experience in Cash Management, Payments, Liquidity Management, Core Trade Finance and Value-Added Trade Finance. Candidate should have a track record in Origination, managing a portfolio of relationships and meeting specific portfolio KPIs and development of client relationships, both new-to-product and new-to-Bank.
A highly motivated and experienced salesperson with focus on originating new clients and driving revenues within a portfolio of corporate clients.
Strong Client network with focus to grow Cash and Trade business for the bank in the region.
Knowledge of Cash and Trade Finance products including core and value-added Trade Finance. Cash Management products including Payments and Digital/Electronic Channels; Collections and Reconciliation tools, Account Services, Liquidity and Liabilities management.
Self-starter who can handle all enquiries relating to Cash and Trade Finance independently.
Strong interpersonal and communication skills as well as a team player.
Strong origination capability coupled with excellent customer orientation & negotiation skills.
Strong communication skills.
Self-confident and performance driven. Ability to work under pressure and with a strong delivery focus.
Ability to articulate, formulate and deliver high quality client presentation.
Understanding of operations processes and procedures, and related risk in cash and trade transactions.
Familiar with the regulatory environment concerning financial industry in UAE.
Top Skills
What We Do
FAB, the UAE’s largest bank and one of the world’s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the bank’s international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.
To empower its customers and clients to Grow Stronger, FAB is initiating a powerful movement, which goes beyond banking. The Grow Stronger movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future. Through a strong, diversified balance sheet, leading efficiency and a solid corporate governance structure in place, FAB is set to drive growth forward.
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