Requirements

Academic Knowledge:


Bachelor's degree in Finance, Business Administration, or a related field; MBA or relevant postgraduate qualification is preferred.


Work Experience:

Minimum of 10 years of experience in transaction banking or related areas.

Main Responsibilities

Strategic Leadership


Understand the target market, customer segments, and their needs.
Analyse competitors and identify gaps in the market.
Develop and implement the strategic plan for the Global Transaction Solutions department, aligning with the bank's overall objectives.​
Identify market opportunities and trends to drive product development and competitiveness


Product Development and Management


Identify required transactional products: notice accounts, overnight loans, savings accounts features, interest on CASA balances, payment services, etc.
Oversee the design, development, and management of transaction banking products and services.​
Ensure products meet regulatory requirements and address client needs effectively


Client Relationship Management


Collaborate with Relationship Managers to provide tailored transaction banking solutions to clients.​
Engage with key clients to understand their transaction banking requirements and ensure high satisfaction levels


Risk Management and Compliance


Ensure all transaction banking activities comply with internal policies and external regulations.​
Implement risk management frameworks to mitigate operational and financial risks


Business Planning/Decision Making


Define the target market – example are our focus would be business banking and Commercial with lower end of corporate banking.
On the defined target market agree volumes, value and revenue targets
Implement the agreed strategy in the best time and cost-effective manne


Policies and Procedures


Evaluate the existing policies and procedures, enhance those that need enhancement and author and implement new policies and procedures required


People Management


Once the initial business case is approved, implement the people plan approved