Head of Investment (Fixed Deposit Products) at Assets Microfinance Bank

Job Summary:

• The Head of Investment (Fixed Deposit Products) will be responsible for driving the bank’s fixed deposit growth strategy, leading high-value client acquisition, optimizing deposit mobilization, developing competitive investment offerings, fostering strategic partnerships, attaining all set investment targets and ensuring team coherence and compliance with regulatory requirements.

Requirement:

• First degree in a relevant field
• Minimum of 10 years in financial sales, preferably within banking or Financial Sector
• Experience in a senior leadership team
• Hand-on experience building and HNI as well as delivering high yield fixed assets
• Target driven, sales acumen, financial analyses and negotiation skills

Responsibilities:

• Lead, mentor, and develop a team of investment managers focused on acquiring fixed deposits and driving them to achieve set goals and targets.
• Conduct regular performance reviews, set clear performance targets, and provide continuous feedback to ensure team members meet and exceed goals.
• Develop comprehensive strategic plans to drive the acquisition and retention of fixed deposits, aligning with the bank's overall business objectives.
• Guide relationship managers in crafting customized fixed deposit proposals that meet clients' financial needs and objectives.
• Oversee the end-to-end process of fixed deposit sales, from initial client engagement to final agreement and fund transfer, ensuring a seamless and efficient client experience.
• Monitor the progress of fixed deposit deals in the pipeline, providing strategic direction and support to ensure timely and successful consummation of sales.
• Conduct market analysis to identify trends, opportunities, and competitive threats in the fixed deposit market.
• Collaborate with the marketing department to create compelling promotional materials and outreach programs.
• Build and maintain strong relationships with key clients, providing high-level support and guidance to investment managers in managing client portfolios.
• Prepare detailed reports on team performance, market trends, and strategic initiatives for management.