Deputy Head of Deposit
Grade: senior
Location:
Salary: Salary not disclosed
🏢 Vacancy from the company's career page
Job description
JOB RESPONSIBILITIES
- Support the Head of Deposit n developing and executing the overall deposit growth strategy.
- Drive portfolio growth through acquisition of new-to-bank affluent, VVI, and high-net-worth customers.
- Monitor deposit portfolio performance and recommend initiatives to achieve business targets.
- Manage and grow the deposit portfolio, ensuring achievement of CASA, term deposit, and overall deposit targets.
- Develop customer retention programs to improve customer loyalty and reduce attrition.
- Monitor portfolio profitability, deposit mix, and funding costs.
- Analyze business performance and customer trends to identify growth opportunities.
- Build and maintain strong relationships with VVI, affluent, and strategic customers.
- Act as a senior point of contact for key customers and provide high-quality financial solutions.
- Support relationship managers in handling complex customer requirements and negotiations.
- Promote cross-selling opportunities across deposits, wealth management, bancassurance, lending, and digital banking products.
- Lead, coach, and motivate the VVI Banking/Deposit team to achieve business targets.
- Monitor individual and team performance against KPIs.
- Analyze market trends, competitor activities, and customer behavior.
JOB REQUIREMENTS
- Bachelor's degree in Banking, Finance, Economics, Business Administration, or related field.
- Minimum 8-10 years of banking experience with at least 3-5 years in leadership roles.
- Strong experience in deposit mobilization, priority banking, affluent banking, relationship management, or retail banking.
- Proven track record in achieving deposit growth and business development targets.
- Strategic thinking and business planning.
- Strong sales and relationship management skills.
- Leadership and people management capability.
- Financial analysis and portfolio management.
- Excellent communication and negotiation skills.
- Customer-centric mindset.
- Strong risk and compliance awareness.
- Ability to work under pressure and deliver results.