Retail Deposit Officer at Fina Trust Microfinance Bank

Fina Trust Microfinance Bank, a member of LOLC Group with corporate Head Office in Colombo - Sri Lanka, is one of Nigeria’s foremost Microfinance Banks. Its operating license was secured from the Central Bank of Nigeria (CBN) in September 2009 as a Microfinance Bank. Fina Trust Microfinance Bank has built a resounding success on excellent service delivery in a uniquely customer friendly environment through professional staff, leveraging on world-class technology. A continuous investment in information technology and in people sets the bank apart from others.

We are recruiting to fill the position below:

Job Title: Retail Deposit Officer

Location: Ikeja, Orile, Ajah, Lagos Island, Tradefair, Oyingbo, Agege, Egbeda, Oshodi, Ikorodu, Mile 12, Alaba - Lagos
Employment Type: Full-time

Job Purpose

• To drive aggressive deposit mobilization, particularly low-cost deposits (CASA), from individuals, traders, associations, and SMEs, while building strong customer relationships and supporting the bank’s liquidity and growth objectives.

Key Responsibilities
Deposit Mobilization (Core Function):

• Source and mobilize deposits from retail customers, market clusters, SMEs, cooperatives, and associations
• Drive low-cost deposit growth (savings & current accounts)
• Achieve assigned monthly and quarterly deposit targets
• Maintain a strong pipeline of prospects through daily field activities

Field Marketing & Customer Acquisition:

• Conduct door-to-door marketing, market visits, and cluster engagements
• Identify new business opportunities within the local community
• Open new accounts in line with bank procedure

Cross-Selling of Bank Products:

• Promote other products such as:
  • Microloans
  • Target savings plans
  • Fixed deposits
• Ensure customers are properly onboarded and educated on product

Reporting:

• Submit daily field activity reports
• Weekly and monthly deposit performance reports
• Track progress against targets

Key Performance Indicators (KPIs)

• Deposit mobilization value (monthly/quarterly)
• Number of new accounts opened
• CASA ratio (low-cost deposits)
• Deposit retention rate
• Number of active customers
• Cross-selling performance
• Compliance adherence (zero infractions)

Qualifications & Requirements

• HND/BSc in any relevant discipline with 3–4 years experience in microfinance or retail banking (deposit mobilization)
• Strong knowledge of local markets and customer segments
• Ability to meet aggressive sales targets

Benefits

• Fixed salary + commission on deposits mobilized
• Bonus for achieving/exceeding targets
• Additional incentives for low-cost deposits (CASA focus)

Application Closing Date
30th April, 2026.