Head, Investment (Deposit Mobilization) at Assets Microfinance Bank

About the job

• The Head, Deposit Mobilization, would be responsible for the day-to-day operations and management of the Investment department, including team management, sales, and ensuring adequate financial liquidity relevant to the business and financial activities of the bank. He/she would be grossly responsible for ensuring liquidity by mobilizing funds for the company, monitoring and executing action plans to achieve overall funds and sales target allocated.

Key responsibilities include:

• Sales Enablement and commercialization
• Strategic Planning
• Business Transformation
• Target setting and actualization
• Analytics

Other duties and responsibilities:

• Develop and execute the department’s strategic objectives in line with the bank’s
• Provide strategic advice to the MD with an accurate view of the market and the bank’s future.
• Innovate and develop attractive value-added deposit products and marketing strategies based on field experience.
• Lead and coordinate a portfolio of strategic sales and partnerships related to growth initiatives to accelerate go-to-market and drive commercial outcomes.
• Drive and meet assigned sales targets and quota of the company
• Responsible for planning, managing, and coordinating the activities of the Investment/deposit mobilization sales teams to drive deposit mobilization
• Source appropriately priced and structured deposit liabilities for the company from individual and corporate sources through the sale of specially designed investment products.
• Marketing and sale of all bank’s deposit products
• Meeting and exceeding sales target as assigned by board/management
• Innovate and develop attractive value-added deposit products and marketing strategies based on field experience.
• Continually generate a viable pipeline of prospects/potential clients within the desired target market that will ensure the achievement of the set personal and departmental targets
• Contribute to the development of new products and/or better marketing strategies. etc.

Requirements and Qualifications

• Bachelor’s degree in Marketing, Business Management, Economics, Finance or any related field
• Knowledge of banking, sales, accounting, and finance
• At least, 7 years of experience in a commercial/MF bank or a financial services sector as a head of deposit sales, liability generation manager, head of sales, head of business or sales manager
• Strong presentation and Negotiation skills
• Verbal and written communication skills.
• Proven experience meeting and exceeding personal and team targets
• Proven experience building and maintaining a strong client base of HNIs