Relationship Officer - Liabilities at Umba

Job Description

The Relationship Officer- Liabilities is a role reporting to the Relationship Manager- Liabilities. This position is responsible for developing and implementing a business plan for identified target markets with identified volumes to drive high volumes of new deposits to the company. The main function of the role is to actively manage and take responsibility of the business development plan so as to improve the deposit mobilization and retention of deposit and also manage withdrawal attrition. The job holder will ensure that payment and treasury transactions are processed and settled in an accurate and timely manner and in compliance with all relevant regulation, policies and procedures.

Responsibilities

• To acquire and manage the portfolio of corporate deposit (sustain and grow a portfolio of corporate/executive clients by building long term relationships).
• Manage the top 50 big corporate deposits in volume.
• Identifying deposit/financing and transactional opportunities and investment/ deposit base.
• Act as the primary link to the client for all Umba MFB Banking Solutions.
• Maximizing risk-adjusted portfolio contribution.
• Business development for both new and existing clients with a view to increasing “wallet share”

Key Accountabilities:

• Source for new high-end customers
• Persuading them to deposit money.
• Maintaining existing deposit clients.
• Inform the client of the status of their deposit.
• Ensure the form for opening a fixed deposit account is adequately completed and registered.
• 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
• Contribute to the development of innovative savings products in line with customer needs
• Create and enhance new methods for rewarding depositors with interest on ordinary and fixed deposits.
• Marketing and sale of all bank’s deposit products.
• Meet assigned targets and quota in deposit mobilization and other assigned tasks

Qualifications And Experience

• Bachelor's and/or Master's Degree in Banking & Finance, Marketing and any other related course
• 3-5 years previous work experience in a similar role.
• Strong communication and presenting skills.
• A confident personality with strong analytical and problem-solving abilities.
• High computer literacy.
• Strong interpersonal and analytical skills.
• Good written and oral communication.
• Attention to detail.
• Assertive, persuasive and self-driven