Head, Salary Business Segment at Elvaridah

Job Summary 

• The Head, Salary Business Segment is responsible for developing and executing strategies that enhance salary account acquisition, deposit growth, and credit solutions for salaried employees. 
• The role focuses on seamless salary processing, payroll partnerships, and financial products tailored for employees.

Responsibilities

• Develop and execute initiatives to grow the salary business segment and enhance customer experience.
• Drive the acquisition of new salary accounts and ensure seamless salary processing.
• Implement strategies to increase new deposits and loan disbursements within the segment. 
• Build and maintain partnerships with corporate organizations to facilitate payroll account onboarding. 
• Enhance product offerings, including salary advances, credit solutions, and savings plans for salaried employees. 
• Collaborate with marketing and digital teams to drive targeted campaigns for salary earners. 
• Ensure high active salary accounts ratio and monitor payroll partnerships' success. 
• Maintain compliance with regulatory requirements and internal financial policies.

Key Performance Indicators

• New Deposits Value: N30B
• New Loans Disbursed: N50B
• Number of Salary Accounts Opened: 20,000
• Active Salary Accounts Ratio: 90%
• Payroll Partnerships Signed: 200.

Qualifications

• Bachelor’s Degree in Banking, Finance, Business Administration, or a related field (Master’s preferred).
• Minimum 10 years of experience in retail banking, salary processing, or financial product management, with at least 5 years in a leadership role.
• Strong knowledge of payroll processing, corporate banking relationships, and lending solutions.
• Demonstrated ability to drive customer acquisition and deposit mobilization.
• Excellent relationship management, negotiation, and leadership skills.

Application Closing Date
Not Specified.