Job Description:
Details of the Division and Team:
Institutional Cash and Trade (ICT) works with banks world-wide fostering and enabling Deutsche Bank’s clearing and documentary trade flow business with these clients, both in- and outbound.
The ICT Accountable Client Officer (“ACO”) will report to the Director & Client Manager, Institutional Cash and Trade, Middle East and Africa. The ACO will be an integral part of the Sales team, coordinating client interactions and acting as back up to Sales team when they are traveling. The ACO will originate, arrange and facilitate transactions of letters of credit and trade-related guarantees from the banks we cover, destined into Deutsche Bank’s global network of trade finance locations. Reversely, we help our branches to issue instructions, on behalf of Deutsche Bank’s corporate clients, to the banks we cover. The ICT ACO will also work in close coordination to support the lead Cash FI ACO with clearing products and support functions. In coordination with other areas of Corporate Bank and Investment Banking, we have to ensure that Deutsche Bank’s Know-Your-Customer (KYC) requirements on these clients and for our particular business are fulfilled and documented.
What we will offer you:
A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.
You can expect:
Life Insurance
Accidental Death Insurance
Permanent Partial Disability Insurance
Private Medical Insurance for you, your spouse and dependent children
Flexible working arrangements
30 days of annual paid leave, plus public holiday & Flexible Working Arrangement
Your key responsibilities:
Taking responsibility for selling the entire range of Trade and Cash FI products to Financial Institutions (FIs) located in Middle East and Africa region, with particular expertise on South and East Africa. . The product range consists of traditional trade products (such as LCs, guarantees, and collections), FI Financing, trade reimbursement services, structured short-term trade finance (e.g. Structured LCs) and electronic banking products. In addition support will be provided to the lead ACO covering Cash FI products in the market.
Being in charge of Know-Your-Customer (KYC) reviews and on-boarding of new customers as well as taking accountability for FI client relationships (as “Accountable Client Owner”)
Coordinating and corresponding internally and with clients in cases of off-boarding legacy clients
Supporting the organization and management of client events (e.g. product presentations at seminars)
Analyzing trade flows and internal MIS data to identify business opportunities.
Preparing marketing material, customer presentations, and business proposals
Reviewing existing price schemes, conducting profitability analysis and initiating respective action to ensure that FI customer relationships are profitable.
Liaising with Product Management for new and innovative solutions
Keeping dialogue with CRM on determining credit lines for FIs as well as DB's credit appetite (including country limits)
Interacting / Cross-selling with other areas of the bank, such as STEF, SeS and ICG.
Your skills and experience:
University degree (preferably with a major in economics, business administration, or similar field of study) or equivalent professional experience
Relevant work experience in GTB business, esp. Trade Finance in Sub Saharan African markets.
Strong understanding of all trade finance products
Motivated team player with strong interpersonal skills and multi-cultural understanding
Ability to communicate effectively at varying levels of seniority (internally and externally)
Creative (e.g. when preparing marketing material, such as business proposals) and innovative (e.g. when structuring trade finance deals) working style.
Client-centric attitude, while living the values of Integrity and Discipline in assuring the bank does not incur financial, non-financial, or reputational risk.
Effective and concise communicator in English (verbally & in writing) paired with good presentation skills. Additional knowledge of Arabic and French is helpful.
Easiness with the Microsoft Office Suite (especially Excel, Word, PowerPoint)
How we’ll support you:
Flexible working to assist you balance your personal priorities
Coaching and support from experts in your team
A culture of continuous learning to aid progression
A range of flexible benefits that you can tailor to suit your needs
Training and development to help you excel in your career
About us and our teams:
Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.
Deutsche Bank & Diversity
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
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