Coverage Banker: NBFI needed at Absa Group Limited

Job Summary

• We are seeking a motivated and experienced Coverage Banker to focus on the Money Remitter sector within the Non-Bank Financial Institutions Coverage team at Absa Corporate and Investment Bank.
• The Corporate Banker will play a crucial role in building and managing relationships with Money Remitter clients, driving sales growth, and promoting our financial products and services tailored to their unique needs both in SA.
• The ideal candidate will have a deep understanding of the MSB industry, exceptional sales and relationship-building skills, and a proven track record in achieving sales targets.
• Knowledge of the payments framework and compliance requirements for the sector would be beneficial.
• The role will entail developing and nurturing strong relationships with MSB clients, understanding their business models, financial needs, and compliance and regulatory requirements.
• Serve as the primary point of contact for MSB clients, identify sales opportunities within the MSB sector and develop effective strategies to achieve sales targets and revenue growth, including partnership opportunities.
• The banker will be responsible for understanding, managing, and mitigating the risks within the MSB sector.
• The banker must maintain a deep understanding of the MSB industry landscape, regulatory changes, and market trends that impact the financial needs of MSB and provide strategic insights and guidance to both clients and internal teams on industry developments.

Job Description

Education

• Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)