Relationship Manager (Deposit Mobilization) needed at IBILE Microfinance Bank Limited

Position Overview:

• The Relationship Manager (Deposit Mobilization) is responsible for sourcing and managing deposit accounts for IBILE Microfinance Bank. The role involves fostering relationships with individual clients, corporate entities, and institutional investors to increase the bank’s deposit base. The Relationship Manager will provide tailored financial advice, promote the bank’s products, and ensure client satisfaction while working towards set deposit mobilization targets.

Key Responsibilities:

• Deposit Growth: Develop strategies to identify potential depositors and actively engage them to grow the bank’s deposit base.
• Client Relationship Management: Build and sustain relationships with key clients, offering personalized banking services to ensure retention and satisfaction.
• Prospecting: Identify and prospect new deposit opportunities through networking and strategic market analysis.
• Cross-Selling Opportunities: Introduce clients to other bank products and services, such as savings accounts, loans, and investment products, to maximize value.
• Compliance Management: Ensure all deposit mobilization activities adhere to the bank’s regulatory and compliance frameworks.
• Client Advisory: Provide advisory services on deposit schemes, interest rates, and banking products that align with the client’s financial goals.
• Performance Metrics: Achieve and exceed monthly/quarterly deposit mobilization targets set by the bank’s management.
• Team Collaboration: Work closely with other departments such as Credit, Operations, and Customer Service to deliver seamless client experiences.
• Market Monitoring: Regularly assess market trends and competitor offerings to provide insights for product development and deposit strategies.
• Client Portfolio Expansion: Manage and grow a portfolio of clients, focusing on creating long-term relationships and enhancing client loyalty.