Investment Banking Jobs In Germany | Standard Chartered Bank

 Investment Banking Jobs In Germany | Standard Chartered Bank   

Investment Banking Jobs In Germany | Standard Chartered Bank

Standard Chartered Bank announced on its official Linkedin page a vacancy

Associate Director, Origination Sales

Banks in Germany

  • Banks in Germany are renowned for their efficiency and reliability, offering a wide range of services to individuals and businesses alike. 
  • With over 1,500 banks operating nationwide, customers have access to an extensive network of branches as well as online banking capabilities. 
  • German banks offer competitive interest rates on savings accounts and loans while providing a secure environment for financial transactions. 
  • Additionally, the country's regulatory framework ensures that deposits up to €100 000 are protected by the government-backed deposit guarantee scheme which provides further assurance when it comes to investing funds or taking out loans from German banks.

Banker salary in Germany

  • The average salary of a banker in Germany is quite competitive, with an annual mean salary ranging from €50,000 to €80,000. 
  • This figure can vary depending on the size and type of bank and the individual's experience level. 
  • Bankers in Germany also enjoy other benefits such as bonuses for performance or promotions within their departments as well as access to health insurance plans and pension schemes. 
  • As banking continues to be one of the most sought-after professions in Germany due its high salaries and potential for career growth, it is no surprise that many individuals are attracted by this line of work.

Duties and responsibilities

  • Own and manage Client relationships from a Transaction Banking Cash Solutions perspective, who are domiciled in Germany (Global Transaction Sales - GTS).
  • To drive "new to bank" revenues and product/market penetration with assigned portfolio of Cash clients at global, regional, or local buying centres (depending on role).
  • There will also be a fair level of Trade Sales Coverage required for names where a Cash GTS is responsible for the overall TB relationship.
  • German Language and German market knowledge are essential for the role.
  • Understanding of Client.
  • Deep understanding of clients' business needs, footprint, buying centers and decision-making process.
  • Owns Account Plan commitments.
  • Display exemplary conduct and live by the Group's and SCB AG's Values and Code of Conduct.
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. 
  • This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group and SCB AG's Code of Conduct.
  • Lead the German Cash management to achieve the outcomes set out in the Bank's Conduct Principles.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  • Adhere to local regulators prescribed responsibilities and Rationale for allocation.
  • Exercise authorities delegated by the Management Board and act in accordance with Articles of Association (or equivalent).

Knowledge, Skills And Experience

  • Broad banking experience.
  • Deep knowledge of TB products (cash and trade).
  • Proven ability to independently identify, drive and deliver on opportunities.
  • Strong executive impact and track record of new to bank sales success.
  • German Language is an added advantage and beneficial for the role considering the client base.
  • Practitioner with Advanced Cash knowledge.
  • Structuring Solutions and ability to handle documentation.
  • Strong credit understanding and experience.
  • Seen as an industry expert in Cash (and Trade).
  • Sector expertise relevant to portfolio (i.e. Auto, Industrials, FMCG, Telecom, etc.) preferred.
  • Understanding of how to work effectively within a matrix / network organisation.
  • Ability to proactively identify client needs and create solutions to generate new to bank business.
  • Ability to cultivate a network of relationships in the client with key influencers and senior decision makers to identify and win deals.
  • Ability to probe the commercial implications of a client's needs and provide solutions and advice that positively impact the client's operational and financial performance.

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