
Head of Corporate Banking
3 days ago
We are seeking an experienced professional to join our team as a HEAD OF CORPORATE BANKING, where you will be responsible for leading the corporate banking department and developing strategies to drive business growth and expansion in corporate liabilities.
Main Responsibilities:- Business Growth & Development
- Increase Corporate Deposits: Develop and execute strategies to attract and retain large corporate clients, enhancing the overall deposit base.
- Expand Client Portfolio: Identify and secure successful conversion of corporate clients in defined markets, focusing on key industries and potential customers.
- Cross-Selling Opportunities: Leverage cross-selling opportunities by promoting bank products and services such as POS, retail, and insurance.
- Contribute to Business Plan Development: Collaborate with senior management to shape the bank's overall business plan by servicing and enhancing existing business relationships.
- Liability and Cash Management
- Monitor and Market Products: Expand the bank's deposit customer base by promoting liability and cash management products, focusing on cost-effective, funding cost-reducing solutions.
- Product Innovation: Develop and promote innovative liability products to attract more corporate deposits and retain key clients.
- Client Relationship Management
- Manage Existing Accounts: Maintain strong relationships with current portfolio customers, ensuring account 'stickiness' and maximizing profitability within the bank's credit policy.
- Build New Relationships: Establish account relationships with new customers interested in both borrowing and non-borrowing solutions.
- Strengthen Key Relationships: Meet with current and potential key bank customers to foster long-term, profitable relationships.
- Profitability & Efficiency
- Secure Sales: Achieve sales in line with the business plan, ensuring the bank's corporate liabilities targets are met.
- Maximize Profitability: Improve account profitability while optimizing the cost structure and reducing funding costs.
- Risk Management & Compliance
- Monitor Risks: Identify high-risk situations early, taking proactive measures for handling and recovery.
- Ensure Regulatory Compliance: Adhere to all relevant regulations, especially in KYC and AML practices.
- Market Competitiveness
- Market Analysis: Continuously monitor market trends and adjust strategies to maintain competitiveness.
- Positive Market Representation: Ensure the bank is positively represented in the market to build credibility and attract clients.
- Reporting & Performance Tracking
- Track Key Metrics: Regularly review performance indicators such as deposit growth, profitability, and new client acquisition.
- Strategic Reporting: Provide detailed reports to senior management on the growth and performance of the corporate liabilities division.
- Team Leadership & Development
- Manage & Motivate the Team: Lead, mentor, and develop the corporate liabilities team to meet targets.
- Training & Skills Development: Ensure team members are continuously improving their knowledge of bank products and relationship management.
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