Manager - Financial Institutions at Watershed Consulting

An exceptional opportunity awaits a dynamic individual with the right personality and experience. The successful incumbent is responsible for meeting the revenue and profitability targets assigned to the FI unit. He/she is required to develop a plan to cross-sell the bank's products to financial institutions in South Africa and be the liaison with Banks domestically and internationally to facilitate Trade and Payment business as well as handle regulatory issues and manage trade limits.

• To prepare the team's business plans for the expansion of business opportunities in strategic target areas and provide key inputs into competitors' analysis, develop strategy and direct for FI business growth.
• To help in developing strategy and plan for optimizing revenue and profitability across a full range of products aimed at local/international FI along with evaluating the Year-to-Date performance to be in line with the budget.
• To liaise with banks present domestically and internationally for correspondent banking assignments to facilitate Treasury, Trade and Payment businesses.
• To coordinate with internal business units (Treasury, Trade, Payments) for clarifications on product policies, limits, business objectives, and smooth and efficient execution of transactions.
• To ensure that all transactions are undertaken in line with the standard / approved process / policies & deviations authorized for audit trail purposes; also to oversee periodical check and monitoring to ensure smooth effective and efficient function from internal control aspects.
• To provide direction & guidance to teams within his/her domain to improve work flows, operational efficiency and quality service to customers to meet the assigned Turn-around-Time (TATs) and standards for the service delivery, at all times.
• To ensure healthy professional relationship with internal as well as external customers, i.e. business & other segments, banks present domestically and internationally for correspondent banking assignments to facilitate Treasury, Trade and Payment businesses.
• To ensure a healthy professional environment within his/her team to promote coordination, continuous learning and growth at all times.
• Minimum 7 to 10 years' experience working in a similar position (preferably with a commercial bank dealing in Trade Finance)
• Graduate/Post graduate / MBA degree or equivalent qualification
• Excellent verbal and written skills in English as well as in the local language
• Well versed with all South African Regulatory & Statutory Laws
• Strong understanding and knowledge of industry best practices and regulatory guidelines
• Experience of dealing with FI business
• Strong knowledge of Banking Operations
• Possess high accountability and reliability coupled with good leadership skills
• High integrity, professionalism, transparency and displays respect for diversity and inclusion
• Self-motivated with the ability to work under pressure
• Passionate about FI and being the key driver to the business success