Associate, Transaction Services Sales

INGNew York, NY
$120,000 - $175,000Hybrid

About The Position

The role is based out of New York and reports to the Head of Transaction Services Sales for the Americas. As a Transaction Services (TS) Associate/Analyst, the individual will work closely with the Transaction Services Sales Consultants in their sales and TS relationship activities in the region. The TS Sales Consultants focus on Payments & Cash Management, Liquidity Management and Corporate Card solutions to ING’s Wholesale Banking clients, as well as Trade Financial Solutions. The candidate will provide support in the following areas: Marketing: drive for new business development, expand network business by deepening existing relationships, identify new sales opportunities with prospects, drive TS cross-sell by identifying new opportunities, prepare client pitch presentations. Deal Structuring: prepare pricing, conduct financial analysis, help with solutioning, development of Cash & Liquidity Management structures and engage as appropriate with relevant stakeholders. Pricing Approval: run pricing process and manage internal pricing models, submit for approval. Client Interaction and negotiation: interact with clients throughout the process, coordinate response to RFPs and other proposals. Product knowledge and implementation support: provide clients and team with solutions details and work on client implementations with stakeholders. Manage TS relationship: work closely with relevant areas of the organization, delivering TS solutions to client portfolio. Stay on top of trends: stay current on market trends, regulatory developments and best practice. Flexibility / Efficiency: The role requires a high level of coordination with various internal stakeholders, both locally as well as internationally. The Analyst | Associate will be fully involved in ensuring smooth and efficient coordination throughout the network.

Requirements

  • Understanding of Cash & Liquidity Management and Trade Finance Solutions products for clients operating globally, across multiple sectors.
  • 2+ years of experience in the Cash & Liquidity Management Solutions space, possible Trade Finance Solutions or prior experience in an Analyst role.
  • BA/BS in Business Administration, Economics, Finance, Accounting or similar field.
  • Strong financial and analysis capabilities.
  • Strong written and interpersonal communications skills.
  • Self-starter, can-do mindset, able to work without direction.
  • Team player.
  • Good Microsoft Office (Word, Excel, PowerPoint) skills.

Responsibilities

  • Drive for new business development
  • Expand network business by deepening existing relationships
  • Identify new sales opportunities with prospects
  • Drive TS cross-sell by identifying new opportunities
  • Prepare client pitch presentations
  • Prepare pricing
  • Conduct financial analysis
  • Help with solutioning, development of Cash & Liquidity Management structures
  • Engage as appropriate with relevant stakeholders
  • Run pricing process and manage internal pricing models
  • Submit for approval
  • Interact with clients throughout the process
  • Coordinate response to RFPs and other proposals
  • Provide clients and team with solutions details
  • Work on client implementations with stakeholders
  • Work closely with relevant areas of the organization, delivering TS solutions to client portfolio
  • Stay current on market trends, regulatory developments and best practice
  • Ensure smooth and efficient coordination throughout the network

Benefits

  • Comprehensive health benefits
  • Generous 401k savings plan
  • Competitive PTO
  • Adoption, surrogacy, and fertility services
  • Student debt assistance
  • Subsidies for expenses associated with commuting and fitness
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