TopHire Africa is a timeless and innovative HR-Consulting Service provider that’s geared towards delivering recruitment and training of qualitative verified talent
We are recruiting to fill the position below:
Job Title: SME Deposit Product Manager / Analyst
Location: Lagos Island, Lagos
Employment Type: Full-time
Job Summary
- The SME Deposit Product Manager/Analyst is responsible for developing, managing, and optimizing deposit products and propositions tailored to the needs of Small and Medium Enterprises (SMEs).
- The role focuses on driving deposit mobilization, enhancing customer value, and ensuring profitability through data-driven insights, market research, product innovation, and effective portfolio management.
Key Responsibilities
Product Development and Management:
- Develop and manage SME deposit products (current, savings, term deposits, and hybrid accounts) aligned with the bank’s SME strategy.
- Review and refine product features, pricing, and benefits based on market feedback and competitive benchmarking.
- Design product bundles (payments, collections, digital tools) that increase customer stickiness and value.
- Ensure all SME deposit products comply with regulatory, risk, and internal policy requirements.
Market and Competitor Analysis:
- Conduct periodic market research to understand SME customer behavior, pain points, and emerging opportunities.
- Benchmark competitors’ SME deposit offerings and recommend innovative propositions to differentiate the bank.
- Generate insights on deposit trends across sectors, regions, and customer segments to inform strategy.
Performance Monitoring and Reporting:
- Track key product metrics — deposit volumes, account growth, cost of funds, product profitability, and customer activity.
- Prepare monthly performance dashboards and business reviews for management.
Customer and Channel Engagement:
- Work closely with SME Relationship Managers, branches, and digital teams to drive product adoption and growth.
- Support marketing and communication teams with product campaigns and customer education initiatives.
- Gather customer feedback through surveys, focus groups, and frontline insights to guide product improvements.
Strategic and Cross-functional Collaboration:
- Collaborate with Technology, Operations, Finance, Risk, and Compliance to deliver seamless SME deposit processes.
- Partner with Digital Banking to enhance online account opening, collections, and liquidity management capabilities for SMEs.
- Support funding and liquidity strategy by designing competitive deposit propositions that attract low-cost SME funds.
Qualifications, Skills, and Experience
Education & Experience:
- Bachelor’s degree in Business, Finance, Economics, or related field (MBA or professional certification is an advantage).
- 5–8 years’ experience in product management, SME banking, or retail deposit management in a commercial bank.
- Demonstrated success in developing and growing deposit products or portfolios.
Salary
N1,500,000 – N2,000,000 Monthly.
Application Closing Date
16th December, 2025.
How to Apply
Interested and qualified candidates should send their CV to: tophireafrica@gmail.com using the job title as the subject of the mail.
