Banking Deposit Operations Officer

Job Description

 The role requires handling customer onboarding, deposit placements, reporting, and document management with a strong emphasis on accuracy, compliance, and service quality.

Key Responsibilities:

• Process daily activities in Deposit Operations including:
• New customer onboarding
• Opening, rollover, and payout of Term Deposits
• CBRB regulatory reporting
• MIS report generation
• Management of Overnight Deposit Facility
• Custody, control, and archival of customer files and documents
• Ensure that all operations are carried out with maximum efficiency, control, and in line with standard operating procedures
• Respond to deposit-related inquiries from branches, contact centers, relationship managers, and customers
• Verify the validity of all customer instructions before processing or updating in the Core Banking System (CBS)
• Maintain strict control over pipeline applications and ensure adherence to internal policies and compliance guidelines
• Resolve customer issues related to deposits, rollovers, and account maintenance, while channeling feedback into process improvements
• Detect and report any suspicious or potentially fraudulent transactions to protect the organization from financial or reputational risk
• Coordinate with the Reconciliation Unit to ensure accurate matching of control/suspense/sundry accounts between GL and CBS
• Support the continuous improvement of processes by identifying control gaps or inefficiencies

Requirements:

• Minimum 3 years of experience in Deposit Operations at a bank
• Bachelor’s degree or equivalent qualification
• Strong understanding of deposit products, banking procedures, and core systems
• Proficient in Microsoft Office and report generation tools
• Excellent communication skills and a strong sense of ownership
• Highly detail-oriented with a compliance-first mindset

Why Join Us:

• Be a part of a highly structured, secure, and process-driven banking team
• Gain end-to-end exposure to deposit lifecycle management
• Office located in a central and accessible location in Karachi

Job Skills

Branch Banking Commercial Banking Knowledge Banking Skills

Job Details

Industry:

Consultants

Functional Area:

Accounts, Finance & Financial Services

Total Positions:

1 Post

Job Shift:

First Shift (Day)

Job Type:

Full Time/Permanent

Job Location:

Karachi, Pakistan

Gender

No Preference

Minimum Education

Bachelor

Career Level

Experienced Professional

Minimum Experience

2 Years

Apply Before:

May 10, 2025

Posting Date:

Apr 09, 2025