Section Head, Deposit Business (Product Development)

Section Head, Deposit Business (Product Development)

This role requires a strong understanding of market dynamics, customer behavior, and regulatory requirements to ensure that deposit offerings remain competitive, innovative, and profitable. The incumbent will work closely with cross-functional teams including Marketing, Sales, Operations, IT, Risk Management, and Compliance to deliver customer-centric deposit solutions aligned with the Bank’s strategic objectives and market demands.

Job Responsibilities :

• Lead the formulation and execution of strategic product roadmaps for deposit products, including savings accounts, current accounts, fixed deposits, debit cards, and digital wallets (e-wallets).
• Conduct market research and analysis to identify emerging trends, customer needs, and business opportunities for deposit product innovation.
• Oversee the end-to-end product development process, from concept creation and feasibility studies to product launch and post-implementation review.
• Ensure all deposit products comply with regulatory requirements, internal policies, and risk management frameworks.
• Collaborate with Operations and IT teams to enhance automation, digitalization, and efficiency in deposit product delivery.
• Lead and coordinate User Acceptance Testing (UAT) activities for deposit-related projects and system enhancements.
• Drive the development and continuous improvement of e-wallet and other digital deposit solutions to promote financial inclusion and digital adoption.
• Work closely with Marketing and Sales teams to plan product launches, campaigns, and customer engagement initiatives.
• Participate in cross-functional strategic projects to enhance business growth, risk governance, and regulatory compliance across the deposit portfolio.

Job Requirements :

AFFIN BANK is an equal opportunities employer and welcomes applications from qualified candidates. We are committed to providing a work environment that is free from discrimination and harassment.

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