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Business Manager

4 weeks ago

Hyderabad Thiruvananthapuram Trivandrum Bengaluru, India Skillventory Full time
Job Description

We are seeking a Business Manager for the Interbank Business to generate new business and nurture strong partnerships with financial institutions. You will be responsible for providing tailored wholesale deposit solutions to clients, driving business growth, and ensuring all activities adhere to regulatory standards. This role requires a strong understanding of Interbank products and a proactive approach to relationship management and market analysis.

Roles & Responsibilities:

- Relationship Management: Build and nurture relationships with banks and financial institutions through proactive and regular engagement.
- Needs Assessment: Analyze partner institutions deposit strategies to provide effective, customized solutions.
- Tailored Solutions: Offer wholesale deposit products (CA/SA/TD) to existing clients and pursue new customer acquisition opportunities.
- Compliance & Risk Management: Ensure all interactions adhere to regulatory standards and internal risk policies.
- Business Growth: Identify and pursue Interbank collaboration opportunities to increase deposit volumes through strategic partnerships and cross-selling initiatives.
- Market Insights: Stay updated on market trends, competitor activities, and industry developments to maintain a competitive edge.
- Account Management: Oversee key institutional accounts, manage performance, and promptly address any operational challenges.
- Team Collaboration: Work closely with internal teams, including operations, sales, and customer service, to enhance the overall client experience.

Skills Required:

- Strong understanding of Interbank products, operations, and compliance regulations.
- Proven experience in Interbank business, wholesale deposits, or the financial services industry.
- Excellent relationship management and negotiation skills.
- Strong analytical skills for needs assessment and market analysis.
- Ability to work collaboratively with internal teams.

QUALIFICATION:

- Bachelor's or a postgraduate degree in Finance, Business Administration, or a related field.