Corporate Salary Manager

Acura Solutions

Indore District

On-site

INR 900,000 - 1,300,000

Full time

5 days ago
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Job summary

IDFC FIRST Bank is seeking a Corporate Salary Manager to acquire corporate salary-account relationships, grow the corporate salary portfolio, and maintain relationships with HR/Finance decision-makers. The role involves leading a team of Relationship Officers to achieve monthly and quarterly targets while cross-selling CASA, FD, loans, and other banking products.

The ideal candidate will have strong client acquisition skills, experience in corporate salary products, and fluency with KYC/AML

Qualifications

  • Experience in corporate salary product and relationship management.
  • Proven ability to acquire corporate clients.
  • Strong knowledge of KYC/AML and bank policies.
  • Excellent communication with HR/Finance executives.
  • Leadership of sales officers and team members.

Responsibilities

  • Identify and acquire new corporate salary-account tie-ups.
  • Build relationships with HR, Finance, Admin and senior management.
  • Generate leads via corporate visits, references and networking.
  • Present salary-account propositions to decision-makers.
  • Coordinate onboarding and employee account opening.
  • Drive monthly/quarterly acquisition targets and deepening of relationships.
  • Cross-sell banking products such as CASA, FD, loans, cards and insurance.
  • Ensure compliance with KYC/AML and bank policies.

Skills

Relationship Management
Sales & Acquisition
Client Acquisition
Team Leadership
Networking

Education

MBA or equivalent in Banking/Finance

Tools

CRM Software
MS Excel

Job description

Corporate Salary Manager

Department: Retail Banking / Branch Banking
Function: Corporate Salary / Acquisition
Role: Corporate Salary Manager / Relationship Manager
Nature: Sales + Corporate Relationship Management

Job Purpose

The manager is responsible for acquiring corporate clients for salary-account relationships, growing the corporate salary portfolio, maintaining relationships with HR/Finance decision-makers, and generating additional business from corporate employees. IDFC FIRST Bank's current Corporate Salary Relationship Manager posting specifically emphasizes corporate acquisition, portfolio deepening, corporate engagement and team management.

Key Responsibilities
  • Identify and acquire new corporate companies for salary-account tie-ups.
  • Develop relationships with HR, Finance, Admin and senior management of companies.
  • Generate leads through corporate visits, references, market mapping and networking.
  • Present the bank's salary-account proposition to corporate decision-makers.
  • Coordinate corporate salary-account onboarding and employee account-opening activities.
  • Ensure quality acquisition, account activation and salary credits.
  • Deepen existing corporate relationships and improve customer stickiness.
  • Cross-sell CASA, FD, credit cards, loans, insurance, wealth and other banking products.
  • Identify opportunities to increase the bank's share of wallet within corporate accounts.
  • Review underperforming corporate relationships and prepare action plans.
  • Conduct corporate engagement activities to acquire and retain clients.
  • Monitor competitors and identify new market/business opportunities.
  • Ensure compliance with KYC, AML and bank policies.
  • Coordinate with branch, operations and product teams for smooth customer servicing.
  • Track and achieve monthly/quarterly acquisition and business targets.
  • At manager level, manage and develop Relationship Officers/Sales Officers and monitor their productivity and attrition.Role & responsibilities
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