Product Sales Manager - Escrow Services - Transaction Banking - Bank

We are currently looking for Product Sales Managers for Escrow Services based out at Delhi location who can sell & support Escrow services to Corporate/CA customers dealing with Consumer & Commercial Bank.

- Candidates having relevant experience with Banks only need to apply.

- Please go through the below Job Details before applying for this position.

Transaction Banking Group is the Product & Sales Support function that provides product expertise to the various segments of Bank, spanning Consumer Bank, Commercial Bank and Wholesale Banking divisions. Products range from to cash management (payment & collections solutions, escrow services & dividend business to trade finance (import services, export services, funded & non-funded products and remittances),

Roles and Responsibility

- Product Sales Manager is expected to drive the sales of following Escrow Business from all the verticals under Consumer & Commercial Bank which includes Branch Banking, Privy, Wealth, TASC, Agri, WCG, ECG.

- Assist the Relationship manager/Branches to close deals

- Ensure desired penetration of the product in the market by the relationship team by providing marketing support, visibility campaigns and brand presence

- Liaise with operations team to ensure seamless deal execution and ongoing administration.

- Meet the agreed revenue targets (liability & fee), while acquiring new to bank clients with a clear focus on Escrow Business.

- Undertake training of the relationship teams wherever necessary to promote Escrow Business in the Channel

- Provide necessary MIS / Management update.

- Transaction Structuring with Investment Banker/Lawyer/Client

- Dedicated dealing with team of Product Manager & legal officers to assist on complex transaction

- Customised report and MIS to suit client's requirement.

- Escrow Depository account facility available

- Project financing and Loan repayments

- Sale purchase transactions

- Share Buyback and Mergers & Acquisitions

- Revenue and Profit sharing transactions

- Demat Escrows

Personal

- Must be a self-starter

- Must be sales oriented

- Must be market savvy, with good networking skills

- Must be proactive and with high energy levels

- Must be analytical, practical and have aptitude for trouble-shooting.

- Must have excellent interpersonal skills, be tenacious, detail-oriented, tough minded when needed, but diplomatic.

- With Banking / Finance industry

- An MBA with good experience in Escrow services.

Professional

- Must have able to settle in an environment requiring entrepreneurial/ building skills

- Keen interest to sales, structuring and implement deals

- Must be capable of working with a team.

- High attention to detail and accuracy with the ability to work under pressure to meet tight deadlines

- Excellent communication, negotiation, and planning skills.

Manoj Kumar