Assistant Relationship Manager
NRSP Microfinance Bank Limited
Published Date: • Karachi, Pakistan (On-Site)
Description
The Assistant Relationship Manager at NRSP Microfinance Bank Limited plays a crucial role in fostering and expanding the bank’s deposit base through strategic client engagement and effective account management. This position is responsible for achieving assigned monthly deposit targets by identifying opportunities to attract new clients and nurturing long-term relationships with existing depositors. The role focuses on increasing the volume of low-cost deposits, specifically Current and Savings Accounts, while maintaining a balanced mix of deposit types including Term Deposit Receipts. The Assistant Relationship Manager ensures that all deposit activities comply with banking regulations and internal policies, contributing to the bank’s sustainable growth and operational excellence. This role requires strong skills in relationship management and client onboarding, with a commitment to continual learning about deposit products and market trends. The Assistant Relationship Manager works closely with senior management to implement strategies that boost deposit growth and enhance client satisfaction. Although this position does not manage a team, it demands excellent communication skills and the ability to coordinate across departments to deliver superior service and meet organizational goals effectively.
Responsibilities
- Achieve monthly deposit targets by engaging with clients strategically and managing accounts efficiently.
- Identify and approach potential new clients to expand the bank’s deposit portfolio and increase deposit mobilization.
- Develop and maintain strong, long-lasting relationships with deposit clients to support sustained business growth.
- Promote the growth of low-cost deposits, focusing on Current and Savings Accounts to optimize deposit costs for the bank.
- Maintain a healthy mix of deposits, balancing Current Accounts, Savings Accounts, and Term Deposit Receipts to meet organizational objectives.
- Regularly gather and analyze market intelligence on competitors’ deposit products and provide detailed feedback to line managers.
- Collaborate with senior management to devise and implement effective strategies for deposit growth and improved client satisfaction.
- Ensure strict adherence to all applicable banking regulations and internal policies during account management and client interactions.
- Stay informed about the latest deposit products, banking trends, and industry best practices to offer valuable advice to clients.
- Perform additional duties assigned by management to support the overall operations and success of the bank.
Experience
2 Years
Apply By
Required Skills
- Client Onboarding
- Deposit Mobilization
- Banking Regulations
- Account management
- Client Engagement
Nice to Have Skills
- Relationship Management
- Customer Relationship Management (CRM)
- Market Analysis
- Strategic Planning
- Customer Service