Banks and financial institutions' business clients have banking needs that individuals may not have, and the person who helps business account holders with their needs is the cash management officer. This person helps guide the sale and implementation of cash management services to businesses, as well as helps design and tailor accounts and services to meet the unique requirements of these companies.
Cash Management Officer Tasks
Analyze market and customer needs to recommend appropriate strategic initiatives.
Nurture post sales relationships by maintaining sales documentation and follow-up calls to ensure additional client needs are met.
Secure new business through marketing products and advising prospects on cash management options and account structuring.
Provide information and training to staff and customers as needed.