Relationship Manager (Deposit Mobilization) Assets Microfinance Bank

Job Opportunity: Relationship Manager

Location: Lagos
Employment Type: Full Time
Industry: Banking, Finance & Insurance
Salary: NGN 250,000 – 400,000 Plus Commission


Job Summary

The Relationship Manager will focus on attracting and retaining deposits from individuals, businesses, and organizations. The role is pivotal in expanding the bank’s deposit base and ensuring funds are available for lending and other banking operations.

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Minimum Qualifications

  • Education: Bachelor’s Degree
  • Experience Level: Mid-Level
  • Experience Required: 3 – 6 years

Job Description & Responsibilities

  • Identify and engage potential depositors to grow the bank’s deposit base.
  • Develop and execute marketing strategies to promote deposit products and services.
  • Build and nurture relationships with existing customers to drive loyalty and referrals.
  • Assess customers’ financial needs and recommend appropriate deposit solutions.
  • Clearly explain the features, benefits, and terms of deposit products to clients.
  • Process account applications, complete documentation, and ensure regulatory compliance.
  • Effectively present fixed deposit offerings, emphasizing key advantages to clients.
  • Cross-sell additional banking products and services to enhance customer relationships.
  • Provide actionable insights to management for product enhancement or development.
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Requirements

  • A bachelor’s degree in finance, accounting, or a related discipline.
  • 3 – 6 years of experience in sales or relationship management, preferably in the financial sector.
  • Familiarity with Know Your Customer (KYC) guidelines and Anti-Money Laundering (AML) regulations.
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