Deposit Mobilization Officer Job Description

What is the job description of a Deposit Mobilization Officer? What are the duties and responsibilities of a Deposit Mobilization Officer? What does a Deposit Mobilization Officer do?

Job description of a Deposit Mobilization Officer

A Deposit Mobilization Officer's duty is to source and persuade high-end corporate and individual customers to deposit money into a fixed bank account.

This Deposit Mobilization Officer job description example includes the list of most important Deposit Mobilization Officer duties and responsibilities as shown below. It can be modified to fit the specific Deposit Mobilization Officer profile you're trying to fill as a recruiter or job seeker.

Deposit Mobilization Officer Duties and Responsibilities

Deposit Mobilization Officer job description should contain a variety of functions and roles including:

  • Source for new high-end customers
  • Persuading them to deposit money.
  • Maintaining existing deposit clients.
  • Inform the client of the status of their deposit.
  • Ensure the form for opening a fixed deposit account is adequately completed and registered.
  • Work with the team to develop and implement a business development plan to improve the deposit mobilization and retention of deposit and also manage withdrawal attrition
  • Contribute to the development of innovative savings products in line with customer needs
  • Create and enhance new methods for rewarding depositors with interest on ordinary and fixed deposits.
  • Marketing and sale of all bank’s deposit products.
  • Meet assigned targets and quota in deposit mobilization and other assigned tasks.

Deposit Mobilization Officer Requirements / Skills / Qualifications

Deposit Mobilization Officer job description should include these common skills and qualifications:

  • Bachelor's and/or Master's Degree in Banking & Finance, Marketing and any other related course
  • X years previous work experience in a similar role.
  • Strong communication and presenting skills.
  • A confident personality with strong analytical and problem-solving abilities.
  • High computer literacy.
  • Strong interpersonal and analytical skills.
  • Good written and oral communication.
  • Attention to detail.
  • Assertive, persuasive and self-driven.

As a hiring manager, recruiting an ideal Deposit Mobilization Officer starts with crafting a good job description. Use this Deposit Mobilization Officer job description template to save yourself time and help you attract the most qualified candidates. Feel free to revise it to meet your specific needs.

Job seekers interviewing for the role of a Deposit Mobilization Officer may also reference it in preparation for the interview.