Vacancy title:
Receivables Product Officer
Jobs at:
Ecobank Rwanda PlcDeadline of this Job:
25 January 2023
Summary
Date Posted: Thursday, January 19, 2023 , Base Salary: Not Disclosed
JOB DETAILS:
Receivables Product Officer
Ecobank Rwanda Plc is a full-service bank that joined the Rwandan market in 2007 with the aim of providing a broad range of products and Services to Consumer, Commercial, and Corporates business segments.
The bank’s vision is to build a world-class bank and contribute to the economic development and financial integration of Rwanda and the region by providing customers with convenient and reliable financial products and services.
Ecobank Rwanda Plc is an affiliate under Ecobank Group and operates in Central East and Southern African (CESA) region.
Ecobank Rwanda Plc.
P.O. BOX: 3268 Kigali - Rwanda
External recruitment Advert
Job Vacancy: Receivables Product Officer
Opening date: January 13, 2023
Closing date: January 25, 2023
About Ecobank Rwanda Plc
Ecobank Rwanda Plc is a full-service bank that joined the Rwandan market in 2007 with the aim of providing a broad range of products and Services to Consumer, Commercial and Corporates business segments.
The bank’s vision is to build a world-class bank and contribute to the economic development and financial integration of Rwanda and the region by providing customers with convenient and reliable financial products and services.
Ecobank Rwanda Plc is an affiliate under Ecobank Group and operates in Central East and Southern African (CESA) region.
In order to respond to our growing market with the required human capital, we are currently looking for experienced professional in the following area
Role Title: Receivables Product Officer
Reporting: Head Transaction Service Group
Job Objective:
• To position Ecobank with our corporate clients as a leader in cash management services in Africa. This includes supporting companies expanding into Africa from Europe, US and Asia with relevant treasury advice and solutions, as well as helping African companies as they expand across Africa and into other regions leveraging the partnerships with Nedbank (South Africa) and QNB (Middle East, North Africa and Turkey). Ensuring that policies supporting the Risk management framework are kept always updated.
• Designing receivables product strategy capable of capturing new customer collections
• Review current process of cash and cheque collections and create digital solutions that are cheap and less risky
• Implementation of Product Plans which encompasses: Product Offering Definition, Development, Testing and Launch, Marketing strategies, Pricing Strategies, Training, Operations and Tech Roadmap, Pricing Models, Sales and Distribution, Delivery Channels, Metrics and Performance Management., Capacity Planning etc.
• Ensuring that the Bank complies with regulatory reporting requirements.
Key Responsibilities:
Business Development & Implementation
• Overall management of the Receivables P&L for Rwanda
• Ensure effective delivery of Receivables products to CIB and Commercial banking
• Lead end to end from the affiliate integration of receivables and digital solutions with client Receivables & Collections systems.
• Manage the collections channels effectively – Bank
• Represent Ecobank at internal and external forums to promote thought leadership and encourage active industry engagement as it relates to Receivables.
• Support the growth of local currency liabilities (NIB/IBCAs) of the bank ensuring growth and product innovation.
• dentify and evaluate potential revenue opportunities in new and diverse markets including Public Sector, CIB, Commercial Bank.
• Ensure Ecobank’s Receivable Electronic Channels are positioned as a leader in the affiliate market and grow acquisitions aggressively for both product information and transaction initiation systems.
• Maximize penetration of client wallet, including delivering against individual client segments and sub segments (including the various Corporate & Investment Bank, Commercial Bank, Public Sector, Financial Institutions and International Organizations).
• Oversee the implementation of innovative and tailored Receivables
• Manage Financials (Revenue and Expenses) for Receivables Product for the
• Design and execute direct initiatives to meet revenue and balance sheet goals, and work with senior sales representatives to manage pipeline and identify new strategies for revenue growth/acceleration.
• Lead marketing and communication
• Define and deliver the Receivables strategy including client events and webinars, press releases, contributions to internal and external publications.
People Management And Development
• Establish And Maintain Internal Communication To Operations And Technology, Corporate Bank And FI Group To Support The Enhancement Of Sales Knowledge As It Related To Payments.
• Partner With The Sales Team And Geographies In Originating And Structuring Solutions For Key/ High Value Clients, Including Direct Client Interaction On A Regular
• Develop And Continually Expand The Target Market Of Cash Management Receivables Products, Working Actively With TSG And Sales Heads As Well As Relationship Managers In The Affiliate
• Strategic Partnerships With Rms, Technology, Operations, Legal, Finance, Treasury And Other Local And Regional Peer Groups Necessary For The Successful Delivery Of The Above
• Direct Regular Internal Training Programs (E.G. For Sales Teams, Coverage, Cluster Partners, )
• Actively Interface With Cash Management Sales, Payments And Liquidity Product Managers For Effective Marketing, Acquisition And Product X-Sell.
Process And Reporting
• Ensure efficient and accurate receivables product management financials, volume and trend analysis
• Direct and support the preparation and presentation of sales proposals to account prospects.
• Develop a Cash Management Receivables Product Implementation & Sales plan in line with the group objectives working in collaboration with the TSG Heads.
• Ensure onboarding of Billers using our Digital Receivables products (Mobile, Branches, Agency, ).
• Ensure compliance of Receivables products with local and global regulations, and Ecobank policies:
• Follow Ecobank Group requirements for new product deployment within the
• Ensure proper controls are included into all risk management tools for Receivables
• Commercialization of new product launches for client impact and flow of new
• Tracking of receivables linked balances regularly and collection volumes
• Support and actively develop digital propositions for the
Customer Centricity
• Define and execute the client solution and engagement strategy
• Provide senior client “advisory” and solutioning support, helping clients structure the appropriate
• Receivables solution and bring best practices and Ecobank’s deep Africa experience to the
• Utilize above interaction to act as an oversight between the client and internal organizations in the effective service delivery of payment products.
• Drive the effective distribution of receivables products to clients through continued enhancement to the value proposition and appropriate positioning.
Job Context
The role requires:
• Strong working knowledge of processes and practices pertaining to treasury management including cash management, liquidity management, risk management and treasury operations as well as exposure to the different structural models within large corporates including RTCs, SSCs, trading hubs, in-house banks, etc.
• Excellent communication and presentation skills including a strong command of PowerPoint and public speaking
• Exceptional relationship management skills including strong ability to manage and effectively influence multiple stakeholders
• Good interpersonal skills with great emphasis on Able to work effectively in cross- cultural, cross-geographical teams and maximize team efforts
• High level of responsiveness and ability to operate with a high degree of urgency and work in a pressurized environment
• Strong drive for results, able to plan, track and follow through to capture solutions and revenues
Education Requirement: No Requirements
Job Experience: No Requirements
Work Hours: 8 Bachelor Degree
Job application procedure
Interested and Qualified, Click Here To Apply
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