Business & Commercial Clients
Please note this vacancy is Always ON
We are constantly recruiting for Account Executives to join our team, across all provinces in South Africa. The vacancies may not always be open in your preferred area of work at the time of your application, but they are frequently available.
Should you meet the requirements of what we are looking for a consultant will be in touch with you
What is Always On?
Always On refers to advertising of roles that we are recruiting for currently and on an ongoing basis.
Why Always On?
This method of advertising is aimed at improving candidate experience by allowing :
You to apply once for an opportunity over a certain period e.g. 6 months.
You to obtain swift feedback on your one application.
The Talent Acquisition Team to screen your one application, based on your personal preferences in locations where you would like to work, and type of environment (Voice / Physical Branch) then match you to opportunities where you are suitably qualified.
Candidate Tips :
Ensure that you have uploaded the latest CV and all copies of your qualifications online when you apply for the desired role (this aids the recruiter to effectively match your profile to the opportunity).
Your latest CV should reflect your skills / capabilities, qualifications and the roles you have been in with the correct dates and accurate contact details.
To grow and retain a portfolio of high value Commercial Segment relationships by performing a proactive, mobile, value adding financial partnership role.
To ensure that close personal attention is given to provide a full array of customised financial solutions tailored to meet the growth needs and potential of the customers within the portfolio.
To provide effective relationship management aimed at optimising customer profitability and value to the Bank.
To ensure customer satisfaction across allocated portfolio of customers.
Key Responsibilities / Accountabilities
Relationship and portfolio management
Ensures deep understanding of Customer’s business through regular interaction with client at their place of business.
Employs the use of client value chain analysis to understand customer needs and deploy banking solutions to meet those needs.
Utilises the Banks Customer Relationship Management (CRM) tool to ensure accurate and updated customer information and effectively manage the relationship.
Develops and implements a client-calling schedule to visit all clients in the portfolio.
Identifies opportunities to migrate clients in line with customer value proposition.
Complete all compliance training within laid down timelines.
Ensures that customer service expectations are met / exceeded.
Provides a central advisory role to the client.
Ensures effective query management and client feedback.
Monitors and manages (in collaboration with internal business partners) the delivery of service in line with service level agreements, standards and turnaround times within the Centre.
Ensures the implementation of Business Banking Value proposition.
Performs a proactive liaison role, at appropriate levels, between relevant stakeholders e.g. Credit, Operational Shared Services (OSS) and other relevant business partners, to ensure customer service expectations are fully met.
Achievement of financial budgets through optimal growth of balances, margin management and revenue streams.
Manages profit margins on portfolio through appropriate pricing within policy guidelines. Recommends pricing concessions where appropriate.
Ensures recovery of all revenue.
Plans and implements annual credit reviews for allocated portfolio.
Structures the customised credit loan facility options and parameters.
Explains credit procedures, qualifying criteria and expected turnaround times to clients in order to ensure that their expectations are being managed.
Motivates and processes credit applications.
Notifies customers regarding the approval / decline, including reasons thereof, of credit loan facilities.
Explores alternative solutions in the event of declines from Credit.
Monitors daily referrals to ensure that client facilities are managed within the set risk parameters.
Exercises discretion regarding account conduct based on a close knowledge and understanding of client activities.
Proactively manages client’s credit exposure and collateral held to contain risk.
Ensures the submission of high quality credit applications to enable business and credit stakeholders to appropriately assess the risk to the Bank.
Keeps abreast of external factors influencing the client’s exposure to risk.
Risk and Compliance
Ensures compliance with general banking and credit policies and procedures.
Supports the implementation of the Financial Intelligence Centre Act (FICA) to ensure adherence to record keeping requirements
Ensures compliance to all applicable legislative requirements such as the National Credit Act, Consumer Protect Act etc.
Ensures adherence to all regulatory and compliance risk requirements
Manage the Account Analyst to ensure that work standards and quality work output targets are set, achieved and maintained.
Manage the performance contribution of support staff.
Identifying strengths and development areas and ensuring that support staff receives the requisite learning and skills development interventions.
Plays an active role in the recruitment process, development and retention of relevant skills in order to meet the business needs.
Ensures the effective selection of staff by matching the skills and competencies to the requirements of the job.
Ensures skills assessments and competency-based training takes place as and when required.
Drive 100% compliance training for all staff.
Ensures that appropriate skills transfer initiatives are implemented.
Creates an environment in which learning and development are emphasised and valued.
Takes personal responsibility for coaching and mentoring others.
Promotes a culture where the values of the Bank are seen to be alive’
Ensures the implementation of the leadership promise and employee engagement programme.
Encourages team members to express their views, resolves issues raised by the team, escalates issues if required, and provides feedback to teams on an ongoing basis.
Develops and maintains an open communication channel with direct reports and supports staff to foster greater co-operation and teamwork.
Monitors and manages the performance and development of staff within the area. This includes regular one-on-one feedback sessions, conducting mid-year and final performance appraisals, as well as the moderation and relative distribution of all appraisals for the team.
Ensures staff are appropriately and consistently rewarded and recognised for their achievements and outputs.
Ensures that disciplinary action and grievances are addressed and aligned to the Standard Bank policies and procedures.
Preferred Qualification and Experience
Previous managerial experience (+ / - 3 years) as a Business Manager, Account Manager, or any other related role dealing with high value commercial clients is essential.
This experience provides a general understanding of how Business Banking and commercial businesses operate, as well as understanding the business risks, industry risks and financial requirements pertaining to the commercial market.
Significant experience in preparing and motivating Credit applications.
Must have relevant intermediary experience in respect of the FAIS product subcategories applicable to this role.
Must complete one of the Qualifications listed on the FSB recognised list within the allocated time.