Cash Management Sales Associate

CoBank; Greenwood Village (CO); Hybrid; USD 76,000 - 87,000; Full time

Benefits offered by this job

Hybrid work model

Medical, Dental and Vision coverage

Disability and Life Insurance

401k with matching

Tuition reimbursement

Paid holidays

Job summary

CoBank is seeking a Cash Management Sales Associate (CMSA) to support Cash Management Sales Consultants in retaining, growing, and acquiring CMS customers. The role collaborates with Banking Group Relationship Managers, Bank Operations, CMS Customer Service, and Implementation teams to deliver client-focused insights and efficient processes.

The ideal candidate has a Bachelor's degree in business/finance and about 1 year in banking or related roles, with strong analytical and communication

Qualifications

• Bachelor's degree in Business, Finance, Accounting, Economics, Agribusiness, etc. required.
• Bachelor's degree may be substituted with two years of related experience.

Responsibilities

• Prepares for upcoming calls and research using industry data to identify trends and needs.
• Leads creation of sales presentations and proposals matching customer needs.
• Coordinates client materials for reviews and delivers insights from internal data points.
• Maintains pipeline updates, sales tracking, and follow-ups; becomes proficient with CRM and pricing tools.

Skills

Analytical skills

Interpersonal skills

Presentation skills

Communication skills

Team collaboration

Education

Bachelor's degree in Business/Finance

Two years related experience allowed as substitute

Tools

CRM software

Pricing tools

Core banking system

Research databases

Job description

Benefits Overview

A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. In order to be the best, we hire the best!

Benefits Offered by CoBank

• Careers with a purpose
• Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
• Competitive Compensation & Incentive
• Hybrid work model: flexible arrangements for most positions
• Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• Robust associate training and development with CoBank University
• Tuition reimbursement for higher education
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
• Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups: creating a culture of respect and inclusion
• Recognize a fellow associate through our GEM awards

Job Description

The core responsibility of the Cash Management Sales Associate (CMSA) role is to provide consistent and foundational support to Cash Management Sales Consultants in their efforts to retain, grow, and acquire Cash Management Solutions (CMS) customers. CMSA continuously collaborates with the Consultants, Banking Group Relationship Managers, Bank Operations, the CMS Customer Service and Implementation teams, and various other critical partners. To be successful, the CMSA maintains and builds a strong customer focus, an awareness and understanding of the Bank's CMS sales procedures, and is well-versed in the uses of the CMS Products and the operational and pricing aspects of the services used by customers. Given these responsibilities, it is key to hold solid analytical, interpersonal, communication, and presentation skills.

Essential Functions

• Prepares for upcoming calls and performs research using industry and client data to focus on trends and needs.
• Leads the process around the creation of appropriate sales presentations and proposal materials that match customer needs and positions the Bank for success.
• Prepares for client reviews by coordinating needed materials. Skilled at researching needed internal and external data points to deliver valuable insights and position key points.
• Executes consistent updates to pipeline management, sales tracking, call reports, and follow-ups. Works to become "expert" with Bank source systems like CRM, pricing tools, core system, implementation systems, and research databases.
• Supports Sales Consultants in the retention and growth of the current book of customers and exceeding portfolio growth goals.
• Becomes expert in developing pricing Proforma summaries for CMS product sales. Has a keen understanding of CMS fee schedule, profitability, and pricing strategies to offer ideas on client pricing options.
• Has a consistent focus on the customer experience and understands the timing and process for service escalations and the implementation process.
• Leads post-sale customer implementation documents collection and collaborates with CMS Implementations team to ensure a smooth implementation.
• Develops strong working relationships with internal teams, including CMS Support, Product teams, and Operations.
• Assists in coordinating internal stakeholder meetings by documenting action items and distributing follow-ups. Daily focus on all needed partner communication, meetings and updates.
• Learns and adheres to bank policies, compliance requirements, and risk management protocols.
• Focuses on recognizing cross-sell opportunities, prospecting, and developing new business.

Education

• Bachelor's Degree in Business, Finance, Accounting, Economics, Agribusiness, etc. required
• Bachelor's degree may be substituted with two years of related experience (two years is in addition to what is minimally required for the role).

Work Experience

• 1 year of experience in banking, finance, client support, or sales-related roles required
• Energetic self-starter with the ability to learn quickly, work in a team environment, and adapt to a fast-paced setting.
• Knowledge of financial modeling techniques and preparation of pro forma financial statements.
• Strong time management and organizational skills.
• Ability to work independently, as well as collaboratively in a team environment.
• Strong customer service orientation, with the ability to work effectively with external customers.
• Strong analytical, decision making and problem solving skills.
• Excellent verbal, written communication and presentation skills.
• Excellent interpersonal skills, with the ability to influence and build consensus, and build and maintain effective working relationships with management, associates, customers, and other stakeholders at all levels.
• Knowledge of Microsoft Office applications (Office, Word, PowerPoint, Excel), with advanced ability to use spreadsheets and database applications.
• Participates in mentorship and learning opportunities to prepare for future career advancement within Cash Management.

About CoBank

The base pay range for this role is between $76,100 - $87,100. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.

REASONABLE ACCOMMODATION

We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing [e-mail]. Include your contact information and specific details about your requested accommodation.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

CoBank is an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.