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Banker, Entrenchment

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To proactively promote a virtual/remote relationship-based offering by being a dedicated and primary point of contact for clients in the Prestige/Executive Banking segment (and Private Banking where required), through the provision of banking solutions which meet their needs and in accordance with the specified value propositions.

Qualifications

Bachelors Degree in Commerce (Min)

Additional Information

3-4 years: Experience in sales and relationship management of clients and able to drive profitability and build relationships.

3-4 years: Proven sales track record in the financial services industry. Knowledge of the bank’s products, services and digital platforms.

Key Responsibilities:

  • Maintain, entrench and grow each client relationship and manages the risk per client to ensure consistent growth in portfolio and returns to the bank.
  • Pro-actively manage portfolio to maximise revenue for the Bank, minimises costs and risks, whilst maintaining and entrenching the client’s relationship with the Bank.
  • Promote and pro-actively solutions a range of banking offerings and solutions to meet the financial needs of clients in line with the segment value proposition.
  • Resolve client requests tactfully and within set service level agreements (SLA’s), whilst not compromising the client or the bank’s interests / reputation.

Behavioral Competencies:

  • Convincing People
  • Managing Tasks
  • Pursuing Goals
  • Team Working
  • Upholding Standards

Technical Competencies:

  • Client Retention
  • Cross and Up-Selling
  • Customer Understanding (Business Banking)
  • Product Knowledge (Business Banking)
  • Risk Identification
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CEO of Standard Bank Group
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Sim Tshabalala
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What You Should Know About Banker, Entrenchment, Standard Bank Group

Are you ready to take your banking career to new heights? At Standard Bank Group in Windhoek, Namibia, we are seeking an enthusiastic and skilled Banker to join our dynamic team. In this pivotal role, you'll serve as the primary point of contact for clients within our Prestige/Executive Banking segment, passionately providing them with tailored banking solutions that truly meet their unique needs. You will have the opportunity to build and maintain strong relationships while ensuring your clients receive the best possible service. With a focus on driving profitability, you'll maintain and deepen each client relationship, utilizing your expertise in sales and relationship management. Your knowledge of our comprehensive range of banking products and digital platforms will be instrumental in delivering exceptional value to our clients. This role is not just about banking; it's about creating meaningful connections and driving growth in Africa. The ideal candidate has a Bachelor’s Degree in Commerce and at least 3-4 years of experience in sales within the financial services sector, demonstrating a proven sales track record. If you are a goal-oriented individual who thrives in a team environment, this is the perfect opportunity for you to make a significant impact. Join us at Standard Bank Group and be part of a team that is passionate about client satisfaction and community service. We can't wait to see what you will achieve with us!

Frequently Asked Questions (FAQs) for Banker, Entrenchment Role at Standard Bank Group
What does a Banker do at Standard Bank Group in Windhoek?

As a Banker at Standard Bank Group in Windhoek, you'll proactively manage client relationships within the Prestige/Executive Banking segment, offering customized banking solutions and ensuring optimal client care. Your role involves maintaining and growing client portfolios, enhancing profitability for the bank while balancing risk management and customer satisfaction.

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What qualifications do I need to become a Banker at Standard Bank Group?

To become a Banker at Standard Bank Group, you need a Bachelor’s Degree in Commerce, along with 3-4 years of experience in sales and relationship management within the financial services sector. A strong sales track record and knowledge of banking products are essential for success in this role.

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What are the key responsibilities of a Banker at Standard Bank Group?

A Banker at Standard Bank Group is responsible for managing client portfolios, promoting banking offerings, resolving client requests, and safeguarding the bank's reputation. You will be focused on building long-term relationships with clients while maximizing revenue and minimizing risks.

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How does Standard Bank Group support its Bankers in their roles?

Standard Bank Group provides a supportive environment where Bankers receive ongoing training and guidance to enhance their skills. You'll work alongside talented colleagues, gaining insights into best practices and leveraging the bank's resources to succeed in your role.

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What skills are essential for a successful Banker at Standard Bank Group?

Successful Bankers at Standard Bank Group need strong sales and relationship management skills, excellent product knowledge, the ability to analyze customer needs, and outstanding communication capabilities. Additionally, being goal-oriented and a team player are crucial traits for success.

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What is the work culture like at Standard Bank Group?

The work culture at Standard Bank Group is dynamic and collaborative, emphasizing growth, innovation, and client satisfaction. You'll be part of a team that values your contributions and encourages continuous personal and professional development.

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What opportunities for career growth exist for Bankers at Standard Bank Group?

At Standard Bank Group, Bankers have numerous opportunities for career advancement. Whether through targeted training programs, mentorship, or lateral moves within the organization, you'll be supported in your professional journey, paving the way for leadership positions within the bank.

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Common Interview Questions for Banker, Entrenchment
Can you explain your approach to managing client relationships as a Banker?

When answering this question, emphasize your relationship-building skills and the importance of understanding each client's unique needs. Provide specific examples of how you've successfully managed client relationships in the past, showcasing your ability to retain clients and grow their portfolios.

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How do you prioritize your tasks and manage time effectively as a Banker?

Highlight your organizational skills and ability to manage competing priorities. Share an example of how you've successfully balanced multiple clients while ensuring top-notch service delivery, demonstrating your ability to remain focused and achieve goals under pressure.

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What specific strategies do you use for cross-selling and up-selling banking products?

Discuss your understanding of client needs and how you identify opportunities for cross-selling and up-selling. Provide a clear example from your previous experience where you successfully increased a client's uptake of additional products or services through targeted conversations.

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How do you handle difficult or dissatisfied clients?

Describe your conflict resolution skills and your commitment to customer satisfaction. Talk about your approach to actively listening to clients’ concerns, finding appropriate solutions, and maintaining a professional demeanor to ensure a positive outcome.

Join Rise to see the full answer
What banking products are you most familiar with, and how have you used them in your previous roles?

Outline your familiarity with various banking products relevant to the Prestige/Executive Banking segment. Illustrate your experience by mentioning specific products and how you've effectively utilized them to meet client needs in your past roles.

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What metrics do you consider when assessing your performance as a Banker?

Explain the key performance indicators (KPIs) you focus on, such as client retention rates, revenue generated, or the number of successful product upsells. Discuss how you use these metrics to continuously improve your sales approach and client engagement.

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How do you stay informed about changes in the banking industry?

Discuss your commitment to staying current with industry trends, regulations, and innovations. Mention specific sources you utilize, such as industry publications, continuing education, or networking with other professionals, showcasing your dedication to professional development.

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Can you provide an example of a time you successfully turned a prospect into a client?

Share a specific success story that illustrates your persuasive techniques and relationship-building skills. Describe the challenges you faced, the strategies you employed to engage the prospect, and the outcome of your efforts, emphasizing your effectiveness in sales.

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What role does teamwork play in achieving your goals as a Banker?

Highlight the importance of collaboration with colleagues in achieving collective goals. Share examples of how you've worked with different teams to coordinate efforts, share insights, and drive success, reinforcing your belief in teamwork as a vital component of the role.

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Why do you want to work for Standard Bank Group as a Banker?

Express your admiration for Standard Bank Group's reputation, commitment to client satisfaction, and focus on growth in Africa. Discuss what aligns your personal values with the bank's mission, and explain how you see yourself contributing to its success.

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Dental Insurance
Disability Insurance
Flexible Spending Account (FSA)
Health Savings Account (HSA)
Vision Insurance
Performance Bonus
Family Medical Leave
Paid Holidays
Sabbatical

Standard Bank Group sets the standard for sub-Saharan banking. Standard Bank, South Africa's largest bank, offers a variety of retail and commercial banking, corporate and investment banking, investment management, and life insurance services thro...

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Full-time, remote
DATE POSTED
November 29, 2024

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