Logo of Huzzle

Citi Commercial Bank - Business Development Specialist, Senior Vice President

image

Citi

1mo ago

  • Job
    Full-time
    Senior Level
  • Sales & Business Development
    Banking & Finance
  • Irving
  • 2d left

AI generated summary

  • You need 5+ years in Treasury Services sales, CTP preferred, strong client focus, experience with companies $100MM-$5BN, and expertise in banking operations. Strong problem-solving, team player, and organizational skills are essential.
  • You will manage the Treasury Management sales cycle, develop client relationships, identify solutions, coordinate with partners, analyze wins/losses, and drive business initiatives.

Requirements

  • 5+ years of relevant direct Treasury Services sales experience required
  • Certified Treasury Professional (CTP) preferred
  • Proven track record of successful client-focused activity and ability to design best in class Treasury proposals
  • Experience in developing new business specific to treasury services with a focus on companies with revenue of $100MM - $5BN in annual sales revenue
  • Advanced knowledge of general banking operations, including treasury management, liquidity & investments, and/or other commercial banking products and services
  • Strong problem solving and excellent interpersonal skills
  • Committed, trusted team player
  • High energy with strong initiative
  • Efficient time management and organizational skills

Responsibilities

  • Responsible for managing all elements of Treasury Management sales cycle including business development, prospect qualification, needs analysis, proposal creation, solution presentation and close of sale
  • Develop independent channels to prospect for new Treasury Management clients and manage the process to maintain a pipeline of potential targets.
  • Interface with prospective clients to develop an understanding of their operating procedures, organization structures and needs, in order to identify and propose the optimal Citi treasury solutions
  • Identify and coordinate new cross-sell opportunities with Coverage partners
  • Build effective network working closely with overseas Citibank branches to design global treasury proposals
  • Responsible for monthly win/loss analysis ensuring MIS systems
  • Be responsible for an individual win goal in excess of $3Million annually
  • Be part of a culture of responsible finance, good governance and supervision, expense discipline and ethics
  • Ability to articulate complex ideas and analytics in succinct and easy to grasp form as well as conceptual framework creation
  • Established or understanding of innovations and disruptive technologies in the corporate treasury space
  • Deep understanding of client trends in liquidity, payments, working capital, risk management and treasury technology, and distill them for mass consumption and direct business impact
  • Strong knowledge of the TTS and CCB cash management business, revenue drivers, and products
  • Proven abilities to focus resources and leverage data and analysis to drive towards business objectives
  • Desire to challenge the conventional, own a problem, bring others onboard, and drive the firm to creating solutions
  • Strong self-motivation and ability to gather consensus on priorities and drive initiatives

FAQs

What is the primary location for this position?

The primary location for this position is San Francisco, California, United States.

What is the expected annual win goal for this role?

The role is responsible for an individual win goal in excess of $3 million annually.

What qualifications are required for this position?

Candidates should have 5+ years of relevant direct Treasury Services sales experience, with a Certified Treasury Professional (CTP) preferred.

What types of clients will I be working with in this role?

This position will focus on companies with annual sales revenue between $100 million and $5 billion.

What are some key responsibilities of the Business Development Specialist?

Key responsibilities include managing the Treasury Management sales cycle, developing independent channels for new clients, and identifying cross-sell opportunities with Coverage partners.

Is experience in commercial banking required for this position?

Yes, an advanced knowledge of general banking operations, including treasury management, liquidity & investments, and other commercial banking products and services, is required.

What is the salary range for this position?

The primary location full-time salary range is between $176,720.00 and $265,080.00.

Are there any incentives or retention awards offered?

Yes, in addition to salary, Citi may offer discretionary and formulaic incentive and retention awards for eligible employees.

What skills are emphasized as important for this role?

Important skills include strong problem-solving abilities, excellent interpersonal skills, and efficient time management and organizational skills.

Will I need to work collaboratively with other teams?

Yes, the role involves building effective networks and coordinating with Coverage partners and overseas Citibank branches.

Finance
Industry
10,001+
Employees
1998
Founded Year

Mission & Purpose

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. Citi's operation is to provide financial services that enable growth and economic progress. Core activities are safeguarding assets, lending money, making payments and accessing the capital markets.

Benefits

  • Live Well, Stay Healthy

    Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.

  • Paid parental leave

    We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.

  • Save well, for now and your future

    We empower our employees to manage their financial well-being and help them plan for the future.

  • Keep learning

    Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

  • Be well, take time off

    We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

  • Support Your Community

    We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.