Team Lead, Deposit Mobilization

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Job Description - Team Lead, Deposit Mobilization

Job title : Team Lead, Deposit Mobilization jobs in Lagos Job Location : Lagos Deadline : May 25, 2024 Quick Recommended Links

Job Summary

  • Our client, a fast rising Microfinance Bank in Lagos is seeking to engage the services of experienced fund mobilizers to be charged with the responsibility of sourcing for deposits for the bank from individuals, private sectors and corporate institutions thereby meeting, maintaining and exceeding set targets.
  • The ideal candidate is to leverage on his/her relationships with high net worth individuals and institutions in championing deposit mobilization to the Company.

Job Description

  • To drive the deposit mobilization arm of the business
  • Identify target markets with identified volumes in order to drive high volumes of new funds to the Company
  • Manage financial risk as it relates to treasury operations
  • Work with the team to develop and implement a business development plan to improve the deposit mobilization and retention of deposit and also manage withdrawal attrition
  • Effective mobilization of funds from private sectors entities, individuals and corporate agencies
  • Support and oversee the development of innovative savings products in line with customer needs
  • Develop and maintain relationships with corporate clients and individual depositors
  • Advice client on funds status and generate new clientele on an on-going basis
  • Provides recommendation to enhance treasury policies and procedures
  • Meet monthly assigned targets and quota
  • Manage relationships with potential and existing customers and maintain high satisfaction level
  • Produce reports of daily and weekly activities
  • Assist with cash flow forecasting

Requirements

  • Minimum of B.Sc., its equivalent in Finance, Economics, Marketing or in a related field of study
  • Minimum five (5) years cognate experience from a reputable Financial Institution, Microfinance Bank or Commercial Bank
  • Sales Hunter, high energy level and hungry personality
  • Sound Risk Management experience and proven track record of being a successful Deposit Mobilizer
  • Strong business development skills
  • Up-to-date knowledge of investments product
  • Excellent written and verbal communication skills
  • Ability to drive deposit mobilization, retention of deposit and also manage withdrawal attrition
  • Excellent teamwork and Negotiation Skills

Salary

  • Very attractive salary package and commission
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