Head of Retail Deposits - Singapore

Location: Singapore
Salary: SGD150000 - SGD200000 per annum
Job Type: Permanent
Ref: BH-23354
Contact: Zheng Yee Tan
Contact email: Email Zheng
Posted: 5 days ago

A leading financial institution is looking to appoint a senior leader to drive its retail deposit strategy in Singapore. This is a high-impact role with full ownership of the deposit portfolio, tasked with shaping propositions, driving growth, and ensuring long-term sustainability. Work with a progressive leadership team to lead a key revenue and funding pillar with end-to-end ownership.

Key Responsibilities:

• Lead the development and execution of deposit strategies across CASA, time deposits, and other liability products.
• Oversee product design, pricing, customer segmentation, and go-to-market initiatives to drive deposit growth and profitability.
• Monitor portfolio performance and implement proactive measures to manage cost of funds, product mix, and customer retention.
• Collaborate closely with Marketing, Digital, Data, Distribution, and Risk teams to deliver compelling, customer-centric solutions.
• Stay abreast of regulatory developments and evolving market trends in deposits and cash management.

Requirements:

• At least 10–12 years of experience in retail banking, with significant exposure to deposits, product management, or portfolio strategy.
• Strong understanding of Singapore’s retail banking landscape and customer behaviour.
• Proven track record in driving deposit growth and optimising balance sheet performance.
• Strong analytical skills and a data-driven mindset, coupled with strategic vision and execution capabilities.
• Experience in team leadership and stakeholder engagement at senior levels.

If you’re keen to make an impact, let’s connect!

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