Job Vacancy at Standard Chartered Bank for a Relationship Manager, Priority Banking
Standard Chartered Bank Nigeria - We attract talented individuals. Not
only can they give you the benefit of their experience, they also
reveal a closer, more personal look at the wide range of global
opportunities we offer. At the core of the Group's people strategy is
our focus on employee
engagement. Engagement is a key driver of
productivity and performance, which creates the foundation of our
performance culture. We encourage and focus on the behaviours that
bring out the very best from every employee, assessing their
performance not just on results but on how those results were
achieved. To further embed these behaviours we have a remuneration
programme in place, carefully designed to incentivise our employees to
live our values every day.
Standard Chartered Bank is recruiting to fill the job position below:
Job Title: Relationship Manager, Priority Banking
Job ID: 526947
Location: Lagos
Regular/Temporary: Permanent
Full/Part Time: Full time
Job Descriptions
- Advise Priority Clients approaching Bank with complex individual needs
- Engage Affluent and hidden affluent in advisory conversations with analytics support and collaboration with Wealth Specialists
- Acquire and activate new Affluent/potential Affluent client referred to from ETB clients or directly to Priority Banker/Team.
- Prepare and educate clients to interact via digital platforms
Key Roles and Responsibilities
Engaging and deepening activities
Methodically engage (remote):
- Have complete knowledge of the clients in terms of the profile & assets
- Create analytics-backed next best conversation
Needs/Achor Products:
- Individual banking products (PL, CASA etc), Wealth Products
Meet & deep sell (remote & in person):
- Develop a comprehensive Account Plan for at least 20% of client base
- Set up products
- Conduct/connect for periodic CDD reviews
- Conduct fulfillment & activate
- Meet in person to meet advisory needs (once a month/quarter)
- Connect client with specialists
Services (remote):
- Refer most servicing activities to Client Service Officers/Managers
- As needed by clients
Key Responsibilities
Acquiring on referrals:
- Connect & prepare (remote)
- Connect & start up referred leads (including Business Client owners, CC and CIC C-level executives with more advanced needs)
- Explain proposition & requirements in full
Needs/anchor products:
- PL, CASA, Wealth Products
- Conduct/connect for CDD
- Educate and conduct initial set up for online, ATMs, Client Centre
- Conduct fulfillment & activate
- Meet, deep sell & train (in person)
- Meet, listen and determine further needs
- Set up anchor products & initiate cross-sell
Key Stakeholders
- Priority Wealth Specialists
- Client Service Manager, Affluent
- CDD team
- Branch Manager
Skill Requirements
Product broadening:
- Enhanced multi-product Priority knowledge
- Market and competition knowledge
Client engagement:
- Presentation and soft skills tailored to engaging Affluent Clients
- Communication and presentation skills
- Negotiation and objection handling
- Client training on digital solutions
- Internal stakeholder engagement skills
- Closing deals
- Ability to drive and manage client interaction
Journey completion:
- Discipline and time management to handle a client portfolio
- Ability to solve problems and close issues without handing over
- Strong analytical ability
- Understanding of Priority CDD principles
AML/CDD Clause:
- Ensure all reasonable steps are taken to verify the identify customers.
- Retain adequate records of identification, account opening and transactions
- Make prompt reports of suspicious transactions (STR) and suspicious activities (SAR) using the right internal channels
- Maintain raised awareness of Anti-Money Laundering prevention by
training all staff /attending training sessions, through eLearning or
any material updates provided by the Bank.
Source of Leads:
- Sales force generated (RM personal contacts) - Family of clients in particular
- Affluent senior executives of employers (primarily BC/CC/CIC)
- Affluent senior executives of employers in EB
Associated Client Journeys
- Acquiring from individual client referrals
- Actively engaging during the first 3 months
- Proactively engaging with the “Hidden Affluent”
- Updating CDD
- Managing Client’s credit situation
- Migrating newly Affluent.
- Supporting the client on any client-initiated needs
- Proactively reaching out to client for advice discussions
- Delivering on transactions, service requests, mobile/online training
Target Clients:
How to Apply
Interested and qualified candidates should:
Click here to apply