Job closed
Ref: HP905-600
Job description / Role
Job Purpose:
Establish new business and manage the existing government and semi-government relationships to retain and grow their banking relationships with the bank in a profitable manner.
Principal Accountabilities
Build new business relationship with potential government and semi-government entities to increase product volume and deposits
Develop strategic partnerships with government and semi-government entities to offer bank digital products and solutions in coordination with products partners including PCM, PSP and treasury.
Identify, solicit and acquire new government relations across all geographic areas and in line with bank approved strategy and guidelines.
Maintain & manage an assigned portfolio of existing government relations to retain & grow their banking relationships in a profitable manner and in line with assigned business growth targets.
Interact with Government officials and arrange business meetings on a regular basis in order to strengthen the relationship by marketing and cross sell PCM & PSP services and products to the existing and potential government. Such visits to be recorded by way of call reports, which are to include all pertinent information in a timely manner.
Work closely with product partners including; Transactional Banking, Treasury Banking Team, PSP to prepare holistic pitching business proposals for new/existing government entity to maximize department profitability.
Ensure disciplined approach towards Pipeline Report Management.
Establish effective & professional communication (both internal and external) to ensure turnaround time within designated parameters and higher client satisfaction levels.
Keep abreast of developments in the area of Transactional Banking (iBusiness, H-2-H, iCollect, iPrint, Cash Management, iPay, Cheque Printing, POS solution, Cash Collection & Delivery, SCDM, eCommerce, iServe) to be able to propose digitised solutions with full understanding of its impact on government entities to spot potential business opportunities. Contribute to the planning process in order to develop government relations business strategies.
Develop a strong level of local contacts with the government and semi-government entities.
Requirements
Degree in Economics or Finance or Business Management
8 - 12 years of experience in corporate banking with 5 - 6 years of exposure to government entities in the UAE
About the Company
In 1969, when we at Commercial Bank of Dubai started out little did we know that sheer grit and determination would get us where we are today. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of modern Dubai, laid the cornerstone of Commercial Bank of Dubai. We started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. A minority stake was held by a few UAE businessmen.
By 1982, little more than a decade later, we evolved into a National Public Shareholding company. A feat complimented by an exponential increase in the capital base and mammoth restructuring of our operations. The feather in the cap came when the Government of Dubai became a key shareholder.
Over the decades, we have transformed ourselves into a progressive and modern banking institution. We are supported by a sturdy financial base and reigned by a strong and stable management. The proof of which lies with our customers who have stood by us over the years.