Relationship Manager

STATE BANK OF INDIA; Singapore; On-site; SGD 45,000 - 65,000; Full time

Job summary

A leading international bank in Singapore is seeking a Sales & Advisory professional to market banking products and manage customer relationships. The ideal candidate should possess a Bachelor's degree in Banking or a related field, with 1-2 years of experience in sales. Knowledge of financial regulations and customer-focused service is essential for this role, which includes operational responsibilities and collaboration on technology initiatives for customer service enhancement.

Qualifications

• Bachelor's degree or equivalent; preferably in Banking, Insurance & Financial Services.
• Minimum of 1-2 years of experience in sales and financial products.
• CMFAS certified in relevant courses.

Responsibilities

• Market and provide advisory services on retail banking and investment products.
• Respond to all customer issues and manage relationships effectively.
• Ensure operational efficiency and accuracy in submitted forms.

Skills

Sales skills

Customer relationship management

Financial product knowledge

Communication skills

KYC/CDD procedures

Education

Bachelor's Degree in Banking or Financial Services

MBA or Executive MBA

Tools

MS Office

Job description

Overview

State Bank of India (SBI) a Fortune 500 company, is an Indian Multinational, Public Sector Banking and Financial services statutory body headquartered in Mumbai. The rich heritage and legacy of over 200 years, accredits SBI as the most trusted Bank. SBI Singapore (SBIS) has 5 retail branches, 19 SBIS ATMs and over 200 ATMs via the shared island wide ATM5 network.

SBIS has a suite of retail banking products which complement its existing corporate banking products thus enabling us to service both individual and corporate customers. In Commercial and wholesale banking, our areas of operation include ASEAN, South East Asia and South Asia.

SBIS leverages on its extensive international network of branches to offer a wide range of Import/Export Trade Finance Services, in both Singapore Dollar and foreign currencies to facilitate the business needs of customers.

Responsibilities

Sales & Advisory

• Market a range of retail banking and investment products.
• Upsell and cross-sell the Bank\'s suite of products and services.
• Offer advisory service recommending suitable wealth management products for potential customers.
• Knowledge of internal policies and procedures to effectively manage the sales cycle and facilitate operational execution of transactions.
• Report sales activities and results to the management on a regular and prompt manner.
• Competent on all KYC/CDD procedures, AML guidelines and all other regulatory guidelines governing the Sales & Advisory process.
• With the cues from customer feedback, pro-actively identify opportunities and provide feedback for improvements in all areas including product & service offering, sales process or operations.
• Supporting, contributing, promoting and driving technology initiatives like Internet applications, mobile applications, etc towards promoting customer convenience and service excellence.

Customer Relationship Management

• Take ownership to respond for all customer issues and navigate internally to address issues promptly and/or escalate to relevant authorities promptly.
• To act as a single point of contact for all customers under handling.

Operational Efficiency

• Be responsible for 100% accuracy on the various forms submitted to Operations or to Partners for execution.
• Jointly responsible for the upkeep of the branch aesthetics as per the Corporate Identity guidelines.

Requirements

• Bachelor\'s Degree or equivalent; preferably in Banking, Insurance & Financial Services.
• Preference will be given to MBAs/Executive MBAs.
• Proficiency in Indian dialects (Hindi/ Tamil) will be an added advantage as the role requires frequent interaction with Indian customers/ stakeholders.
• Minimum of 1-2 years of experience in sales and financial products and services.
• CMFAS certified required - M5, M8, M8A, M9, M9A, HI, BCP, PGI.
• Excellent customer focused mindset and strong interpersonal skills.
• Sound knowledge of banking, wealth management and insurance products.
• Strong understanding of financial compliance and regulatory requirements in Singapore.