Transaction Services - Sales VP or Director

ING Group; South Yorkshire; On-site; GBP 80,000 - 100,000; Full time

Job summary

An established industry player is seeking a Transaction Services Sales professional to drive growth and profitability within their Wholesale Banking client portfolio. This role requires a dynamic individual with over five years of experience in Transaction Services, a deep understanding of Cash and Trade solutions, and excellent commercial skills. You will be responsible for managing client relationships, negotiating deals, and delivering on revenue targets while ensuring compliance with risk frameworks. Join a collaborative and innovative culture that values self-reliance and diversity, and take the opportunity to make a significant impact in the financial sector.

Qualifications

• 5+ years in Transaction Services with strong knowledge of Cash and Trade solutions.
• Excellent commercial skills and ability to manage complex projects.

Responsibilities

• Generate new Transaction Services deals with clients and deliver revenue targets.
• Negotiate pricing agreements and manage the end-to-end proposal process.

Skills

Transaction Services

Cash Management

Trade Solutions

Commercial Skills

Risk Management

Project Management

Networking

Analytical Skills

Education

Bachelor's degree in Economics

Master's degree in Finance

Job description

Department Overview

• As a Transaction Services (TS) Sales professional you are responsible for growing the business and increasing profitability through the origination of new TS mandates within your Wholesale Banking (WB) client portfolio. An energetic individual with drive and a thorough understanding of the TS products & solutions and Treasury Operations, owning and managing prospect deals until signing of the mandate.

• The TS Sales professional sells the full suite of TS solutions across the network for Payments & Cash Management (PCM) and Trade. This means all products in the TS domain, i.e. PCM, Liquidity Management, Bank Guarantees/Letters of Credit and Working Capital Solutions (Supply Chain Finance, Receivable Finance etc.). Demonstrable experience of Trade and Working Capital Solutions will be advantageous.

Candidate Profile

Experience/Knowledge

• 5 years + relevant work experience in Transaction Services
• In depth understanding of Cash and Trade solutions for complex clients
• Excellent commercial skills and able to excel in originating TS sales
• Knowledge of or strong interest in/appreciation of credit approval processes e.g. credit applications, risk management (financial and non-financial) and relevant legal and tax regulations
• Comfortable with managing time-sensitive projects with many stakeholders

Qualification/Education

• Higher education (HBO) or University education (Bachelor or Master's degree) preferably in Economics, Accounting or Finance

Main Duties and Responsibilities of Role:

• Responsible for generating new Transaction Services share of wallet deals with new and existing clients
• Delivery of revenue targets and client profitability within the ING risk framework and appetite
• Manage end-to-end the opportunity, pitching and proposal process efficiently in combination with your colleagues from the TS Cash and TS Trade Advisory & Structuring teams where needed
• Negotiate TS solutions and pricing agreements with clients within the Risk appetite of ING
• Improving and maximising the profitable, cross-buy of TS Solutions
• Attend (client) events to position the ING TS value proposition and keep informed on key trends

Personal Competencies

• Result oriented with an eye for high quality and integrity standards
• Open and creative mindset and a constant drive to be ahead of the game
• Ability to network, a people person who listens actively and strives to understand their needs
• A trusted advisor who likes to invest in his/her expertise and ensure it is market leading
• Takes ownership, is persuasive and builds trusted relationships to win support and create benefit
• An effective team player, gets things done and possesses analytical skills with good sense for details
• Participates in projects as a ‘voice of customer‘
• Flexible

ING’s purpose is ‘Empowering people to stay a step ahead in life and in business’. Every ING colleague is given the opportunity to contribute to that vision. We champion self-reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of ING Values (we are honest; we are prudent; we are responsible) and ING Behaviours: (you take it on and make it happen; you help others to be successful; you are always a step ahead)

For us, success will only be achieved if we act with Integrity.

Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work/life balance. At ING, you will be judged on your performance in line with the Orange Code. And that’s a promise.