Payments & Cash Management Specialist

Barclays; Comunidad de Madrid; On-site; EUR 72,000 - 88,000; Full time

Benefits offered by this job

Incentive award

Country-specific benefits

Job summary

Barclays in Madrid is seeking a Payments & Cash Management Specialist within our Transaction Banking team to drive growth across Europe, delivering cash management, liquidity and digital solutions to corporate clients. You will support senior relationships, advise on product developments and shape strategic enhancements in a fast-paced environment.

You will collaborate with product, compliance and finance teams to deliver robust, commercially viable solutions and help Barclays maintain its

Qualifications

• Experience in cash origination business development or sales
• Knowledge of Spanish and European corporate and financial markets
• Experience in cash management, liquidity and global payment solutions
• Experience in sales management; pipeline and stakeholder management
• Strong commerciality and understanding of deposits and money transmission
• Experience in risk, compliance and regulatory governance
• Cash sales cycle management and pipeline planning

Responsibilities

• Identification of potential customers, analysing needs and staying abreast of market trends
• Create detailed profiles for target segments to tailor sales approaches and product recommendations
• Relationship management of potential and existing customers through high-quality support
• Understand features, benefits, risks and compliance of banking products and services
• Develop compelling sales pitches and proposals and negotiate terms
• Collect and analyze customer feedback to inform product development and sales strategy
• Monitor lead conversion rates and customer acquisition costs to improve performance

Skills

Cash origination

Sales experience

Knowledge of European markets

Cash management knowledge

Risk & compliance understanding

Pipeline & stakeholder management

Education

ACIB / degree / ACT diploma

Job description

Join us as a Payments & Cash Management Specialist within our Transaction Banking team in Madrid, where you’ll play a key role in driving growth across our European cash management franchise. Transaction Banking is a core income engine for Barclays Corporate Bank, delivering market-leading payment, collections, liquidity and digital solutions to corporate and non-bank financial institution clients across the UK, Europe, North America and Asia. Sitting within our Global Specialist Cash Sales team, you’ll support Relationship Directors and Global Relationship Directors in identifying, structuring and monetising complex domestic and cross-border cash, liquidity and global payment opportunities.

In this Origination role, you will act as a subject matter expert in Payments and Cash Sales, providing advisory support to clients while helping shape new product developments and strategic enhancements. You’ll work closely with product, tax, legal, finance and compliance teams to deliver robust, commercially viable solutions, while positioning Barclays as a market leader through the delivery of innovative, high-value cash and liquidity capabilities.

To be successful in this role you will have:

• Experience working in a Cash origination business development or sales team
• Knowledge of the Spanish and European corporate and financial markets
• Experience in cash management, liquidity and global payment solutions
• Experience in sales management; pipeline and stakeholder management
• Solid commerciality and understanding of relative value of deposits and money transmission
• Experience in risk, compliance and regulatory governance
• Cash sales cycle management and pipeline planning, analytical and strategic thinking

Desirable skills/Preferred Qualifications are:

• ACIB / degree / ACT diploma or similar qualification
• Excellent knowledge of complex cash management solutions (notional pooling, multicurrency pooling, ZBA)
• Excellent knowledge of liquidity solutions
• FX payment solutions and multicurrency solutions
• Knowledge of market infrastructures and clearing and settlement systems such as TARGET2, EURO1, CHAPS, BACS, FEDWIRE, STEP2 and RT1
• Knowledge of European domestic payment solutions; SEPA SCT, SDDs, TIPS, EBICs etc.
• SWIFT knowledge, such as XML ISO 20022, FINPLUS, FileAct protocol and associated reporting

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

For roles that are deemed as a Controlled Functions (CF) under the Ireland Central Bank of Ireland (CBI), Fitness and Probity Regulations (F& P) include:

This role is deemed as a Controlled Function role under the Central Bank of Ireland Fitness and Probity Regulations and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Minimum Salary: €80,000

The minimum salary information above includes only annual full-time equivalent base salary and typically represents the lowest level of pay for this role. The actual pay rate will reflect the responsibility level of the role and experience level of the individual. It does not include any other type of compensation or benefits that may be available.

Barclays employees are also eligible for a suite of competitive country-specific benefits.

This position is eligible for an incentive award.

Purpose of the role

To generate revenue and promote the bank's diverse product and service offerings to various customer segments.

Accountabilities

• Identification of potential customers, analysing their needs and preferences, and staying abreast of emerging market trends and competitor strategies.
• Creation of detailed profiles for target customer segments, outlining their demographics, financial habits, and pain points to tailor sales approaches and product recommendations.
• Relationship management of potential and existing customer relations through the execution of high-quality customer support, by responding to queries and resolving issues, gaining their customer trust, and understanding their financial goals and challenges.
• Understanding of the features, benefits, risks, and compliance requirements of various banking products and services offered. Understanding of the key features, benefits, risks, enhancements, and regulatory requirements of new and existing banking products, and communicate insights clearly to potential customers to address their financial needs.
• Development of compelling sales pitches and proposals that showcase the value proposition of the bank's offerings to convert leads into customers, and negotiation of terms that are beneficial for both the client and the bank.
• Collection and analysis of customer feedback on various products, services, and overall experience, to support the development of reports that communicate key findings to relevant stakeholders, to inform product development and sales strategies.
• Monitoring of lead conversion rates, customer acquisition costs, and other relevant metrics to assess sales performance and identify areas for improvement.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and elevate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.