Executive Director, Prime - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job Summary

This is a Financial Markets (FM) Prime and Financing P&F) Sales role operated within Financing & Securities Services (FSS) business.

The scope of coverage is Europe and AME.

FSS business has a unique footprint in Asia, Middle East, and Africa, and offers agrowing range of products, including for Prime and Financing more specifically:
OTC Clearing, Rates intermediation, FX Prime Brokerage, Fixed Income Prime Brokerage and Agency Securities Lending.

P&F services are proposed to a number of client sectors includingbanks, investors, intermediaries, sovereigns, fund managers insurance companies and corporates.

The Job holder will focus on seeking out and closing commercially viable and realistic mandates that will provide sustained growth in revenue.

The jobholder will have the ability to sell the complete suite of solutions (in particular P&F) that are applicableto P&F Clients with a track record of successful deal team management, quick and efficient deal closure and pipeline discipline (i.e.

consistency in budget vs. realised revenue). The jobholder will work with a strategic mindset to identifying suitable targetclients & cross selling opportunities, able to grow the revenue across P&F Clients and mobilise stakeholders across Product, Risk, Operations, Legal, Compliance and Technology - whilst staying on strategy

Responsibilities

Strategy:

Executes strategy for P&F Clients sales in defined region addressing specific country and client needs and in support of the global sales strategy for the segment.
Identifies target clients, works in collaboration with stakeholders, such as FM Sales and Client Coverage, to agree and execute on

- growing incremental client income from existing clients, through increasing wallet share and onboarding new services, and
- generating new client income from New-to

Bank or New to
FSS clients
Builds a qualified pipeline ensuring enough diversity to realise short term revenue objectives vs. building for the future, with a suitable balance between large strategic mandates and lesser complex deals.
Ensures that the pipeline information are accurately entered in Workbench and actively updated, capturing call reports and all pertinent deal activity in a timely manner.
Demonstrates ability to articulate the P&F / FSS / Bank value proposition in relation to client requirements
Leverages thought leadership and SCB strengths to position P&F and FSS with the client.
Acts as a trusted advisor to the client based on longterm perspective on current and future needs in order to continue to develop the client relationship.
Research potential clients to assess new sales opportunities and prioritise those opportunities accordingly in consideration of the business gestation period.
Identifies and assists with crosssell opportunities within Financial Markets products and services, working collaboratively and in partnership with FM Sales colleagues.
Works closely with P&F Product Team to:
Provide feedback in a structured manner to Product, detailing opportunities, gaps, outstanding compliance, and risk action items.
Proactively seek opportunities for client engagement with Product and new product initiatives
Maximise the impact of market advocacy, product launches/ updates, marketing and client engagement events, and participation in industry events

Business:

Maintains awareness and understanding of the wider business, economic, and market environments in which the Group, FSS and P&F businesses operates in.
Maintains good knowledge of all products within the P&F and FSS framework, and broad understanding of the applicable Financial Market products and services.
Identifies innovative solutions to clients' requirements, maximising reuse of existing capabilities.
Builds and manages sales pipeline in support of P&F Clients sales strategy against assigned targets (budget) which are revised annually according to business growth plan.
Designs and executes tactical plans to achieve targets as defined in individual scorecard and contributes to achievement of the overall business objectives.
Participates in account planning activities as required, in collaboration with internal stakeholders such as the Global Head of P&F, Head of P&F East, Client Coverage, Client Segment Heads, Global Head of FSS Sales, Regional Heads of FSS, to forecast clientgrowth areas and engagement effort planning.
Monitors competitor activities and market share within their region across their segment, and internally highlights threats and opportunities.
Maintains appropriate commercial balance between client needs and longterm profitability / efficiency of the business, through active review of pricing, business activities, and costs of servicing.
Anticipates and embraces changes (e.g. in the market, regulatory requirements, client organisational changes, etc) and builds a competitive edge with complex clients to optimise outcome of the changes.

Processes:

Constructs appropriate deal team and agrees priorities across deal team members to secure the mandate.
Responsible for submitting the response to RFPs and coordinates activities related to new business proposals.
Maintains pipeline discipline in accordance with the guidance provided by the Global Head of P&F, Regional Head of FSS Europe and AME, Segment Heads and/or Global Head of FSS Sales.
Appropriate socialisation with key stakeholders from within the regions and Client Coverage and Financial Markets Sales.
Collaborative working with colleagues across the regions and functions to provide a consistent and thorough client experience throughout the sales cycle.
Works closely with Client Coverage, Client Solutions, Legal, Onboarding, Technology, and Operations teams to ensure smooth and speedy transition from mandate to live client.
Provides pricing proposals in compliance with conduct and business requirements, with input and approval from relevant parties.
Liaises with business and support functions to ensure all relevant policies are adhered to.
Maintains an appropriate balance between advocating client agendas and maintaining standardisation of business model.
Acts as senior escalation point as per the client escalation matrix on casebycase basis and takes leading role in managing issues to resolutions.

People & Talent - Leads through example and contributes actively to building appropriate culture and values. Contributes actively to best practic