Sales – Trade & Working Capital Transaction Banking Expert I at Santander

Frankfurt, Hesse, Germany

Santander Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Investment BankingIndustries

Requirements

  • Minimum of 5 years of relevant experience in banking and/or Trade & Working Capital instruments and solutions (Required)
  • At least 2 to 3 years of customer facing and/or sales experience (Required)
  • B.A. in Finance, Business Administration or equivalent ideal, or other university and business school qualifications, such as finance, law, engineering, math, physics, or economics (Required)
  • Fluency in English and in German (Required)
  • Nordic and any other languages would be a plus (Preferred)
  • Expertise in trade & working capital products, structures, and geographies (Required)

Responsibilities

  • Originate new Trade & Working Capital business through regular client calling, by developing key relationships and by overseeing junior staff in accelerating and maintaining revenues already in the portfolio
  • Coordinate and align on business asks, commercial plans, financial analyses, pitches with the relationship management team for the customer as well as other internal stakeholders (Product, Private Debt Mobilisation (Syndicate desk), Compliance, Legal, IT, Operations, etc.) to provide a best-in-class service and seamless end to end origination and execution
  • Maintain knowledge and awareness of key trends across core sectors and potential application of our working capital solutions and position and facilitate cross sell opportunities for Santander
  • Deliver client presentations and actively drive sales and coverage initiatives. Manage client journey from sales through implementation, and act as escalation point of contact internally and externally
  • Manage transactions through the internal approval and execution process taking into account the bank’s profitability and portfolio requirements
  • Adherence to internal processes and governance to ensure control and transparency over sales activity
  • Manage, teach and develop junior staff and support hiring and interviewing

Skills

Trade Finance
Working Capital Solutions
Transaction Banking
Sales
Client Origination
Relationship Management
P&L Management
Financial Analysis

Santander

Provides banking, investment, and insurance services

About Santander

Santander Bank provides a variety of financial services to individuals, small businesses, and large corporations in the United States. Its offerings include savings and checking accounts, loans, credit cards, and investment products. The bank also has specialized services through Santander Investment Services and insurance products via Santander Securities LLC. Santander stands out from its competitors by focusing on community growth, committing $13.6 billion to support initiatives like the 'Cultivate Small Business' program, which aids early-stage entrepreneurs, especially from underrepresented groups. The bank generates revenue through interest on loans, service fees, and commissions, while promoting responsible banking practices and financial education. Santander's goal is to empower individuals and businesses, enhance community prosperity, and provide comprehensive financial solutions.

Boston, MassachusettsHeadquarters
1902Year Founded
$75MTotal Funding
POST_IPO_DEBTCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees

Benefits

Health, dental, & vision
401k
Flexible PTO
Parental & sick leave
Discounts: technology, travel, auto, fitness, & tuition

Risks

ISO 20022 transition may challenge smaller business partners.
'Quishing' attacks pose a growing threat to consumer security.
Openbank faces competition in the U.S. high-yield savings market.

Differentiation

Santander's Openbank offers a 5.00% APY high-yield savings account nationwide.
The bank's Inclusive Communities Plan pledges $13.6 billion for community initiatives.
Santander's ISO 20022 adoption enhances operational efficiency and data management.

Upsides

Openbank's high-yield savings account attracts more U.S. customers.
Santander's renewable energy financing highlights commitment to sustainable investments.
Proactive cybersecurity measures enhance customer trust and protect digital assets.

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