Deposit Mobilization Relationship Officer

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Company Details
Name:Umba
Industry: Telecommunications
Description: Umba combines advanced tools and techniques to optimize risk exposures in emerging markets that are currently underserved by traditional banking services. The Umba platform allows users to apply, receive and repay microloans through their mobile phone while using machine learning to underwrite using a risk score that is highly accurate and improves over time. umba has just rolled out a new online POS solution and is teaming up with some of the biggest e-commerce merchants to increase customers access to online goods and services.
Job Description

° We are actively seeking outstanding individuals who not only possess exceptional talent but also share our vision, determination, and sense of purpose. Join us in our endeavor to establish the best digital bank in Africa.

Key Responsibilities

Deposit Mobilization

° Develop and implement strategies to attract new depositors and retain existing clients.

° Achieve monthly and annual deposit mobilization targets as set by management.

° Promote UMBA’s savings, fixed deposit, and investment products to individuals, groups, SMEs, and institutions.

Client Relationship Management

° Build strong, lasting relationships with clients through proactive engagement andexcellent service.

° Conduct regular client visits, meetings, and financial education forums to increaseawareness of UMBA’s products.

° Act as the primary point of contact for key deposit clients and respond to queries in atimely manner.

Business Development and Marketing

° Identify and pursue new business opportunities within assigned territory/portfolio.

° Develop partnerships with SACCOs, Chamas, schools, churches, and corporates togenerate deposits.

° Organize and participate in marketing campaigns, community outreach programs, andproduct launches.

Compliance and Risk Management

° Ensure all deposit mobilization activities comply with UMBA Microfinance’s policies, CBK regulations, and AML/CFT requirements.

° Monitor client accounts to ensure adherence to KYC, due diligence, and anti-fraud standards.

° Prepare accurate reports on deposit mobilization performance, pipeline clients, andmarket intelligence.

Reporting and Performance Tracking

° Submit weekly, monthly, and quarterly reports on deposit mobilization activities and achievements.

° Track personal and branch targets, providing input to management on opportunities and challenges.

Qualifications and Experience

° Bachelor’s degree in business administration, Marketing, Finance, Banking, or a related field.

° Minimum of 3 years’ experience in deposit mobilization, relationship management, orbusiness development in a financial institution (microfinance, SACCO, or bank).

° Proven track record of meeting and exceeding sales/target goals.

° Familiarity with digital financial services and innovative savings products will be an added advantage.

Education: Degree, Diploma
Employment Type: Full Time
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