Deposit Mobilization Officer at Integrated Corporate Services - ICSL

Location: Victoria Island, Lagos

Job Description

• To drive the deposit mobilization arm of the business.
• Develop and implement a business plan for identified target markets with identified volumes to drive high volumes of new deposits to the company.
• Develop and implement a business development plan to improve the deposit mobilization and retention of deposit and also manage withdrawal attrition.
• Develop and maintain relationships with corporate clients and individual depositors
• Build new relationships with existing customers and new customers
• Ensure fixed deposit account opening form is duly completed and registered
• Advice client of deposit status
• Innovate and develop attractive value added deposit products together with the Marketing Department to achieve the overall deposit targets.
• Innovate and improve ways of rewarding depositors in terms of interest earning on ordinary deposit, and fixed deposits
• Liaise with Branch Supervisors to ensure that, due diligence is always enforced to meet the requirements of the regulator and also protect the interest of both the depositors and the organization.

Accountablilities:

• 50M fixed deposit per month
• Pipeline and lead generation.

Academic Qualifications & Requirements

• Bachelor degree
• 3 to 5 years in a similar role.

Key Performance Indicators - KPI (Performance Measures & Targets):

• Meeting 100% of sales target
• Ensure deposit portfolio is in line with the Banks approved Cost of funds
• Establish a minimum of 8 new accounts monthly.