This sector contains all our listings for commercial banking jobs. Commercial banking is a broad term applied to a number of different banking services offered to large companies, institutions and governments to help them function day to day..
On the most basic level, jobs in commercial banking can include arranging loans (this service also comes in a number of different forms), offering cash management services, like helping to decrease any tax paid by overseas subsidiaries, managing changes in foreign exchange rates or offering treasury solutions such as the administration of currencies, cash flows and debt.
A career in commercial or corporate banking can target different industries. Commercial bankers often become experts on just one area, depending on which sector they choose to focus on. For example, commercial bankers working with energy, mining or utilities companies could be project finance experts, which would require working out a business case for purchasing or constructing a new power plant or mine.
At the lowest end, junior commercial bankers usually begin as credit analysts, judging company balance sheets and choosing whether or not to issue loans. At times they may also join senior sales and relationship staff as they travel to sell products to commercial customers.
Senior commercial banking positions focus more on clients. Senior commercial bankers can be business development managers, whose jobs require bringing in new customers, or relationship managers, who maintain relationships with existing clients. Both of these positions involve wining and dining chief executives and finance officers. They also will include providing technical advice on a company's financing and cash flow needs.
Relationship managers will also have a support team which is responsible for handling day-to-day banking needs. If a company must raise finance, the relationship management team also supplies transaction and structuring advice.
Commercial banks also hire people for risk/credit assessment jobs, product positions (designing banking products to solve prevalent client problems), and in operations or treasury management, in areas such as the administration of currencies, cash flows and debt.
Though some product types in commercial banking may sound dull to an investment banker, there are many of them.
As an example, the money-lending function has several different forms, such as short-term loans, overdrafts and term loans.
Cash management products and services usually include currency accounts abroad, term deposits rates, online and mobile banking and commercial credit cards.
Commercial bankers also assist international companies with handling their businesses in other countries by supplying trade finance and trade services like banker's guarantees and documentary collections.
The treasury services department of commercial banking tries to protect business cash flow against market volatilities by using hedging instruments such as FX forwards and options.
The treasuries accept money on term deposit and are usually also involved in processing payments using telegraphic transfer, EFTPOS, internet banking or other ways of payment processing.
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|Head of Cash Management||Charterhouse Partnership USD150,000||Saudi Arabia-Riyadh||19 May 13|
Our Client is looking to hire a Head of Cash Management, a leader to take it to the next level. This Varied r...
|Senior Anti Money Laundering Specialist, Saudi Arabia||Gulf Connexions Competitive||Saudi Arabia-Riyadh||15 May 13|
One of the largest financial institutions in Saudi Arabia and the Middle East, with a strong corporate and ret...