Website:
robertwalters.co.uk
Job details:
Job Title: AVP, Transaction Banking Product Management
Location: Mumbai (BKC), India
Perm/Contract/ Full-time/Part-time: Permanent
On-site/Hybrid/Remote: On-site
Who We Are
Robert Walters is the world’s most trusted talent solutions business. Across the globe, we deliver recruitment, outsourcing, and talent advisory services for businesses of all sizes, opening doors for people with diverse skills, ambitions, and backgrounds.
Our Outsourcing service delivers recruitment for some of the world’s top employers, and we are currently recruiting on behalf of one our client which is the Fifth largest global bank globally by assets, with 2400 locations in over 50 markets. Our client has approximately 360 years of history. Its global network has over 180,000 employees. It was ranked as the fourth largest in the world.
The Role
Our client is seeking an AVP, Transaction Banking Product Management in the Banking division.
This role offers an exciting opportunity to join a global team, providing top-tier service to existing and prospective clients while expanding the business on a product and global level.
Job Description:
Purpose of the Role:
Responsible for enhancing and developing/ delivering market competitive Transaction Banking products, including Cash Management, and Implementation. Also responsible for supporting Relationship Managers/ larger TB Sales teams to originate clients, structure and execute Transaction Banking business opportunities in the Country across a variety of industries. Responsible for understanding the customer’s product requirements, contributing to global and local product development and delivering products on time and within budget to meet customer requirements.
Main Responsibilities:
Strategic
- Carry out the development of the Transaction Banking department's strategy by working closely with the India franchise and regional office to deliver profit/revenue targets through detailed and strategic account planning and to deliver Product Development and Commercialization through detailed and strategic Product Management.
Financial
- Conduct the delivery of relevant banking services to customers to meet the department’s revenue targets by understanding customers’ business requirements and preparing recommendations on suitable products or services. Commercialize and support the delivery of relevant transaction banking products to customers to meet revenue targets for department.
Customer
- Anticipate as well as be sensitive to shifting customer expectations and suggest appropriate measures to ensure the Bank stays ahead of competitors.
- Develop and maintain strong stakeholder management with key stakeholders both within MUFG and externally.
- Work in partnership with Relationship Managers in the Branch to support in promoting products and provide Subject Matter Expertise on Transaction Banking products to customers.
- Work in partnership with various external parties including but not limited to Legal Counsel, Financial Institutions and consultants to seek advice on product issues.
- Work in partnership with various departments within the Bank to support in delivering seamless transactions to the customer. Departments including but not limited to Legal, Operations, Compliance and Risk.
- Work in partnership with colleagues in the department to support in resolving customer issues.
- Anticipate as well as be sensitive to shifting customer expectations and suggest appropriate measures to ensure the Bank stays ahead of competitors.
People
- Training, sharing information with co-workers in the department and update the other members on all the latest circulars from RBI, IFSCA, HO etc. and participate / conduct regular study seminars.
- Working as a team member in close ordination with other departments like JCBD, GCBD, Remittance, Deposit, Forex, Systems, etc.
- To enhance team spirit amongst the members of the department.
Other/Control
- Contribute/prepare deal proposals aligned to business strategy, deliver extraordinary customer experiences and mitigate risk for the bank.
- Support in managing the risk profile for the department.
- Ensure compliance with relevant regulations and limits while keeping track of latest changes in extant guidelines under Local Rules & Regulations, KYC & AML, Standard Procedures / Unit Procedures related to Transaction Banking.
- Maintain good working knowledge of industry trends, products, and making recommendations and driving Product delivery / enhancements.
- Adhere to all company policies / guidelines.
Expertise / knowledge required:
- Strong stakeholder management skills to collaborate with other departments and interpersonal / networking skills.
- Strong communication skills with ability to influence others using data or analysis to support line of reasoning.
- Sound understanding of local / regional financial laws and regulations.
- Substantial experience and/or knowledge in Transaction Banking products including but not limited to Cash Management and Digital Channels.
- Good understanding of Systems and applications.
- Good understanding and experience of international / cross-border transactions will be an advantage.
- Experience of handling international / cross-border transactions and FI business will be an added advantage.
Requirements:
- Degree qualified.
- Postgraduate – MBA or PGDM in Management.
- Desirable to have at least 5 - 8 years of relevant experience.
This position is being recruited on behalf of our client through our Outsourcing service line. Resource Solutions Limited, trading as Robert Walters, acts as an employment business and agency, partnering with top organisations to help them find the best talent. We welcome applications from all candidates and are committed to providing equal opportunities.
Client promotes collaboration and aims to provide a supportive and inclusive environment where all individuals can maximize their full potential.
As we are continuously hiring for all our clients in the region, we will retain your CV in our database for any other positions that may fit your profile. Therefore, please let us know if you are not agreeable to that.
Click on Apply to know more.
