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.