Payments - Saudi Corporate Sales - Executive Director - Riyadh

Job Description
introduction:

• The EMEA Payments Corporate Sales Team is part of J.P. Morgan Payments. J.P. Morgan Payments offers Treasury Services, including Liquidity, Card, Trade & Working Capital and Merchant Services to its Corporate & Investment Bank clients. J.P. Morgan is recognized to provide the global scale and service of a world-class bank, with the innovation and agility of a fintech. As one partner and platform, J.P. Morgan simplifies payments, so its clients can focus on their business.
• The Payments Sales Head role and responsibility combines managing existing client relationships and building new business primarily with Local Saudi Arabian Corporates. The teams work closely with the various Payments products, solutions teams & Trade and Working Capital to sell Payments Solutions both in Saudi Arabia and globally (Americas/EMEA and Asia) The team is accountable for sales initiatives to increase J.P. Morgan's Payments revenues and bottom-line contribution. The ability to liaise and partner across JP Morgan is critical to optimise global solutions and service delivery whilst developing, maintaining, and enhancing the relationships with the clients.
• Candidates must be able to demonstrate previous experience at a senior level within a client facing role within the Payments / Cash Management sector of financial services in the Saudi market

Job Summary

• This role will be responsible for the J.P. Morgan Payments Corporate Sales Team in the Saudi Region.
• The Payments Sales role and responsibility combines managing existing client relationships and building new business es. There will be a leadership element with two direct report s in the initial phase

Job Responsibilities.

• Help grow the client base, share of wallet, and achieve new business goals, including the annual sales plan at target margins by identifying prospects/opportunities, developing the approach / calling plans and engaging partners/ senior managers to influence decision makers at prospective clients.
• Provide compelling financial and market analysis to support proposals for new business to build a pipeline of potential and probable new business wins, documenting status and assumptions throughout the sales process.
• In partnership with other J.P. Morgan (JPM) Executives, execute the sales strategy to achieve new business sales objectives, maintain current revenue streams, expand market share, and increase the share of wallet with target clients to maximize profitability with clients through the appropriate pricing of new business wins, product extensions, and cross-selling other J.P. Morgan products to convert and optimize the regional strategy for the local markets.
• Be the \"voice of the client\" for JPM Payments and manage revenue vulnerability and client loss through a deep understanding of the client's needs and identification of product and service delivery gaps and partner with Product Management and Client Service & Implementation Executives to determine the optimum level of product integration and delivery which maximizes client satisfaction and profitability.
• Collect, manage and analyse key MIS to inform decisions and implementing and supporting ongoing client strategy and co-coordinating cross- sell opportunities with other parts of the Bank.
• Management of the entire sales process from selling to full implementation (including proposals, contract negotiation, documentation and co-ordinating product partners / implementation teams) and responsible for addressing business issues such as risk, legal and compliance and managing resolution. To include managing a small team in the region.
• Representing J.P. Morgan Payments at appropriate external market/industry forums and work with the communication department to increase press coverage with a view to raising the firm's visibility and manage/enhance oversight for its reputation and regulatory risk.

Required qualifications, capabilities, and skills:

• Able to demonstrate relevant sales management experience in a Payments environment alongside demonstrating knowledge of corporate clients in the Saudi markets.
• Able to demonstrate Product knowledge; Cash Management/ Trade and Working Capital (T&WC) knowledge and solution set knowledge globally not just in Saudi market
• Ability to manage complex deals including leading Global RFPs and pitches
• Demonstrated personal contribution to driving client/solution sales and development with client references with a demonstrated track record of collaboration across bank (or former employer) especially with corporate bankers, product, service and operations partners.
• Able to demonstrate thought leadership in solutions for client as demonstrated by articles, speaking engagements, industry bodies, etc.
• Able to demonstrate organisational & planning skills and a track record of being able to follow through on your plans and demonstrated ability to manage client risk dynamics and enable the team to manage risks, work with internal partners and clients to implement balanced risk/reward relationship.
• Demonstrated ability to work across cultures with internal teams and external clients globally and demonstratable ability to operate in a matrix partnership environment to achieve your goals. Proven ability to work to tight timeframes alongside excellent communication, influencing and negotiation skills.
• Arabic Speaker - ESSENTIAL

Preferred qualifications, capabilities, and skills:
Education to degree level (or equivalent) in Finance, Economics, or a related discipline. Or extensive relevant experience.
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.