Assistant Manager - Branchless Banking

Description

NRSP Microfinance Bank Limited is seeking an Assistant Manager - Branchless Banking to lead and expand its digital payment initiatives through Raast P2M and traditional branchless banking agent networks. This role requires an experienced professional responsible for acquiring and onboarding merchants, managing agent networks, and driving business growth while ensuring operational compliance and seamless payment experiences. The Assistant Manager will oversee a team of two and coordinate cross-functional efforts to optimize merchant engagement and transaction volumes, playing a key role in advancing financial inclusion and digital payment solutions across diverse urban and rural markets. The ideal candidate holds a bachelor’s degree with at least five years of relevant experience, including hands-on expertise with Raast P2M or similar QR-based payment systems. They will demonstrate strong capabilities in customer relationship management, data analytics, and operational leadership. Travel to various merchant locations for field management and training is essential, along with leading area managers and merchant relationship officers to achieve acquisition and activation targets. The position demands a strategic thinker with excellent negotiation skills and deep knowledge of regulatory frameworks and payment technologies.

Responsibilities

• Lead the end-to-end onboarding process for small and medium merchants onto NRSP’s Raast P2M QR code payment platform, ensuring merchant adoption and training on instant, cost-free payments.
• Achieve and exceed monthly active merchant targets, transaction counts, and transaction value goals for the Raast P2M solution.
• Manage the agent banking network by driving the acquisition and activation of agents capable of cash-in/out, bill payments, and fund transfer services, ensuring their liquidity and commission structures are properly maintained.
• Cross-sell Raast P2M QR codes to existing branchless banking agents and enhance merchant engagement through tailored incentive and loyalty programs to boost transaction volume.
• Own the profit and loss statement for the agent banking and Raast P2M channels, overseeing revenue streams such as merchant discount rates, float income, and other non-funded income sources.
• Collaborate with marketing teams to design and execute consumer campaigns that promote digital payments and increase user adoption at local merchants.
• Ensure compliance with State Bank of Pakistan’s Raast P2M operational guidelines by overseeing merchant KYC, adherence to QR code issuance standards, transaction limits, and dispute resolution.
• Work closely with IT and finance departments to guarantee timely settlement for merchants in accordance with regulatory timelines and reduce transaction failures by coordinating with product and technical teams.
• Serve as the business liaison for Raast P2M product enhancements and lead user acceptance testing for new features, ensuring that merchant and agent portals operate efficiently and meet business needs.
• Apply data analytics tools to identify merchant clusters with high potential, enabling targeted deployment of field teams to maximize acquisition and activation efforts.
• Lead and mentor a dedicated team of area managers and merchant relationship officers, conducting ongoing training sessions on payment benefits, dispute management, and customer education.
• Travel extensively to support field teams, build strong merchant relationships, troubleshoot operational challenges, and ensure that digital payment solutions are effectively adopted in both urban and rural regions.

Experience

5 Years

Apply By

Nov 2, 2026

Required Skills

• Digital Payment Systems
• Raast P2M Framework
• Merchant Onboarding
• Agent Network Management
• Regulatory Compliance
• Negotiation Skills
• Field Team Leadership
• Settlement and Transaction Processing

Nice to Have Skills

• Financial Inclusion Strategies
• Customer Relationship Management
• Data Analytics
• Project Management
• Training and Development
• Customer Education