Job descriptionBusiness typeTypes of Jobs - Finance / Accounting
Job titleVice President, Cross-Asset Distribution Sales
Contract typePermanent Contract
Job summarySummary• Cross-Asset Solutions Sales part of the Americas Solutions Sales desk, responsible for distributing Cross-Asset Structured Notes, OTC Derivatives and Investment Solutions to Financial Institutions, with a focus on USbased clients.
• The customer base includes Private Banks, Broker-Dealers and RIA channels.
Key Responsibilities1. Strategy and Business Planning
• Take on sales responsibilities within Cross-Asset Distribution Sales, part of the Americas Solutions Sales team, focused on US based clients.
• Pricing, execution and post sales/booking of Equity and Fixed Income Structured Notes
• Plan and organize client visits and meetings to pitch the bank's product capabilities in line with internal procedures.
• Identify, target and solicit new accounts/customers where appropriate; initiate and drive internal procedures necessary to on-boarding new clients (account opening, documentation, etc.)
• Ensure all usual sales and business KPIs are monitored; work with structuring and trading to ensure an improvement of the desk KPIs in line with the objectives of the desk and the department.
• Contribute to desk operations improvement, including documented automation project, API connectivity to platforms and overall enhancement of workflow
• Work with structuring and trading teams to develop new products & innovations
2. Management and Reporting
• Report to the Head of Cross-Asset Distribution Sales Americas on a regular basis to review on the progress of the business and specific issues.
• Actively participate in sales meeting with structuring and trading teams to review market strategy, exchange ideas, and receive updates on any important matters
3. Control & Risk
• Take ownership and responsibility for all types of risks in relation to client activities: credit risk, reputation risk, product suitability risk and the bank's Retail Distribution Policy around distribution of products to Retail clients.
• Ensure adherence to all company policies
• Contribute to a responsible risk culture in GMD Americas
4. Communication
Key Internal Contacts
• Trading and Structuring teams
• Middle and Back Offices
• Legal and Compliance
• Coverage
Key External Contacts
• Clients (All range of US clients)
SPECIAL ROLE REQUIREMENTS• Knowledge of Cross-Asset Structured Products (Equity/Fixed income) pricing mechanics
• Good understanding of US Structured Products distribution channels and clients
Salary Range: $150k - $225k
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Position locationGeographical areaAmerica, United States Of America
CityNEW YORK
Candidate criteriaMinimal education levelBachelor Degree / BSc Degree or equivalent
Academic qualification / Speciality- Education Essential:
- Bachelor's/Undergraduate Degree
- Required licenses and professional certifications
Level of minimal experience3-5 years
Experience- Experience Essential:
- 3-5 years' experience covering clients in the structured products space for US market, pricing and executing trades
- Competencies Required:
- Motivated
- Good communicator
- Creative
- Innovative
- Team-Oriented
- Entrepreneurial mindset
- Skills & Knowledge Requirement:
- IT literate
- Mathematically minded
- Good understanding equity derivatives products
- Superior sales skills
- Extensive market knowledge
- Relevant Information:
- Role requires some travel to visit clients in designated areas of responsibility
LanguagesProficiency in English (both written and verbal)