Deposit Mobilization / Relationship Manager at Money Trust Microfinance Bank

Key Responsibilities

• 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.

Job Requirements

• Education – Minimum of BSc. Degree in any discipline
• 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.