Deposit Mobilization/Relationship Manager
Job details
Key Accountabilities:
- Develop and implement strategies to meet and exceed monthly deposit mobilization targets set by the bank.
- Expanding the Company’s transactional and other product offerings (Deposits) to current and prospective customers through enhancements of product suitability.
- Collaborate with the marketing team to create marketing campaigns, promotions, and collateral materials tailored to target audiences in the industry.
- Drive deposit mobilization on the bank’s risk assets and liabilities by identifying and nurturing relationships with potential depositors, including High-Net-Worth individuals, corporations and institutional clients.
- Implement innovative approaches to attract new deposits and increase retention rates of existing clients.
- Own the primary relationship with the client by being the client’s main contact point for all corporate banking needs and the bank’s primary channel to the customer.
- Conduct market research and analysis to identify potential market segments, trends, and opportunities within the microfinance industry.
- Understand the local market and the segments within which a customer operates/ develop local sector expertise and networks + build competitor knowledge
- Monitor market trends and competitor activities within the industry and provide insights and recommendations for enhancing deposit mobilization strategies.
- Prepare regular reports and presentations on deposit mobilization activities, performance metrics, and market insights, while ensuring full compliance to internal policies and procedures.
Experience – Must have a minimum of 5-6 years’ working experience as a Deposit Mobilization/Relationship Manager in any financial institutions, with proven record of accomplishment on successfully achieving deposit mobilization targets with strong network of contacts in the microfinance sector.
Core Competencies
Ability to thrive in a fast-paced, dynamic environment with excellent communication, negotiation, and interpersonal skills.
Strategic thinker with the ability to translate strategy into actionable plans with strong analytical and problem-solving abilities.
Target and results oriented and willing to take responsibilities.
Have the ability to initiate and pursue projects approved by management on ones’ initiative.
Other Benefits.
Tuition Reimbursement
Health Insurance
Pension
Group Life Insurance
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