Job Seeker Reactivate Your Account
Thank you, this account has been Deactivated.
Do you want to Reactivate your account?
No
Yes

Head Of Transaction Products

Yoma Bank
Thanlyin | Yangon
Verified This job has been verified by the company as a real job vacancy.
07 Sep 2023
Recruiter active 11 hours ago The recruiter at this company was last active reviewing applications.
Sorry, Unable to Apply
x
55%
Please Upload CV Attachment, or update your JobNet Profile to at least 55% of completion.
Upload CV
Update Profile
Head Of Transaction Products
Yoma Bank, Thanlyin | Yangon

Head Of Transaction Products

Yoma Bank

Head Of Transaction Products

Yoma Bank
Recruiter active 11 hours ago The recruiter at this company was last active reviewing applications.
Myanmar - Yangon
Verified This job has been verified by the company as a real job vacancy.

Experience level

Director and Above

Job Function

Strategy, Planning

Job Industry

Banking/ Insurance/ Microfinance

Min Education Level

Master Degree

Job Type

Full Time

Job Description

An Exciting Opportunity for ...

Role Purpose

 

Responsible for growing/optimizing on new and existing transaction banking capabilities to support both its domestic (Corporate Banking Department) and cross border businesses (International Business Department). The domestic business is focused on serving SME and corporate, while the International Business is building out its cross-border trade capabilities. This role is required to work closely with Business Banking Department.

 

Responsibilities

 

Strategy: Develop an enterprise-wide transaction banking strategy to support the growth of the International Business and domestic SME/Corporate customer groups.

 

Proposition: Delivery of a comprehensive suite of payments and cash management, trade finance and foreign exchange solutions through active development with the technology teams to ensure that product solution requirements are factored into and delivered with planned systems development/rollout.

 

Execution: Build and lead a transaction banking team focused on client development and solution execution.

 

Key responsibilities

  • Strategy development and execution
  • Product and systems development – ensure that the Bank builds and maintains a compelling proposition
  • External relationships – responsible for new business growth (revenue, pipeline and balance sheet) and client servicing solutions to build long term relationships
  • Internal relationships – collegiate and supportive approach to cross departmental co-operation
  • Risk management – strong compliance and regulatory focus
  • People development – lead and develop an excellent transaction banking team
  • Governance – represent Transaction Banking at local governance committees and forums and act as a champion for the department to ensure that key objectives are prioritized appropriately.
  • Participate on any transactional related offerings, including trade finance, lending decisions, ALCO, technology related offerings, service improvements, marketing of solutions.
  • Liaise with Operations Centers, regularly reviewing all operational standards for product profitability, and identifying skills gaps
  • Review and feedback into customer satisfaction surveys, responding to customer complaints.
  • Participate in promotion of banking products, design of selling programs, and actually participate on sells

Open To

Male/Female

Job Requirements

Education & Special Training

  • Min Degree in Banking/ Finance/ Accounting or any related field

Experience

  • Strong transaction banking background (10+ years) with excellent product and systems knowledge
  • Deep understanding of the workings of corporate banking clients, in particular but not limited to financial institutions
  • Lead a team of specialists on transactional banking offerings

 

Knowledge and skills

ESSENTIAL

  • Proven track record of winning new clients and providing excellent client
  • Strong knowledge of Central Bank’s guidelines and other relevant local legislations
  • Strong marketing and sales skills
  • Strong analytical and judgmental skills
  • Ability to quickly pick up risk of Money Laundering
  • Ability to take decision and be solution driven
  • Strong understanding of various financial market
  • Ability to lead, coach and motivate a team
  • Good communication skills both oral and written
  • Ability to drive business and deliver strong results

DESIRABLE

  • Experience working in global business environment

Language

  • Fluent in both Myanmar and English (written and spoken)

     

    What We Can Offer

    Benefits

    • Ferry Provided
    • Mobile Phone Allowance
    • Life Insurance
    • Limited Medical Cover

    Highlights

    • Empowered Working Environment
    • Diverse Team

    Career Opportunities

    • Learning and Development Platform
    • Opportunities to Explore Multiple Career Paths