Apply now »

Head of Commercial Deposit Products Department

Be #InGoodHands with Metrobank


 

Here at Metrobank, we don't simply hire employees—we hone future leaders. We provide opportunities that enhance your skills and unlock your talents, helping you evolve into a well-rounded individual. We supply you with all the pieces you need to do your best work, unleashing your full potential to help you secure your future and lead a fulfilling career. And with Metrobank's strong heart for the community, you have the chance to give back and make worthwhile contributions to our nation's economic and social development.
 

With Metrobank, a meaningful life is within your reach!

 

 

 

Job Summary:

  • The Commercial Deposit Products Department Head is responsible in leading a dynamic team to drive business growth while ensuring operational efficiency

  • The Commercial Deposit Head shall act as the overall business manager covering the product’s development, commercialization, execution/ implementation, enhancement, servicing, risk mitigation capabilities and profitability

 

Specific Duties & Responsibilities:

 

Business Generation

  • Align product/business plan with the overall objective and vision of the Bank

  • Oversee and approve the product/business plans covering market segmentation, product positioning, competitive analysis, sales strategy, pricing strategy and product enhancement to ensure business growth

  • Approve pricing for commercial deposit product

  • Oversee and approve product marketing/commercialization strategy to increase sales activities and product take up (e.g., internal/external product campaigns) in coordination with the CXMD and Marketing

 

Operational Efficiency

  • Review and approve commercial deposit product manual

  • Review and approve proposed changes in commercial deposit products

  • Review and approve proposed process changes related to the product/customer segment.

  • Monitor commercial deposit product performance and P&L

  • Collaborate with internal and/or cross-functional partner units to deliver overall business objectives and requirements of commercial deposit products

  • Coordinate with external parties/vendors on product supplies and other items that will support the product features, if any.

  • Perform other related functions that may be assigned from time to time

 

Risk Awareness and Management

  • Assess risks on commercial deposit products and ensure that products have necessary controls in place to avoid incidences of AMLA, risk, internal and external fraud, and data privacy

  • Understand regulatory requirements and compliance standards and applies accordingly to commercial deposit products and ensures compliance of all products with regulatory and internal policies.

  • Coordinate with control units (e.g., Risk Management Group, Compliance Division, Legal Services Division, AMLD, etc) to mitigate risk/s on commercial deposit products and ensure compliance with regulatory requirement

 

People Management

  • Provides leadership and guidance to Product Manager (PM) fostering a culture of innovation, collaboration and excellence

  • Define Key Results Area (KRA) for PM

  • Prepare annual budget for the department

 

 

Qualifications: 

  • Graduate of any business course

  • At least 5 years of work experience in Banking Products and Services, Basic Banking Operations, Market Trends and competitor scan

  • Understands market research, statistics and analysis
  • Knowledge of development principles
  • Good understanding of risk, compliance and regulatory requirements
  • Ability to work with cross functional teams and under pressure of deadlines
  • With good communication skills
  • Emotional and social intelligence
  • Good leadership skills

 

Other Details:

Rank: Senior Officer
Unit: Branch Banking Sector
Office Location: GT Tower, Ayala Avenue, City of Makati

 

 

Apply now »