Unit Head, Transaction Banking (Up to SVP)

Job Description

Title: Unit Head, Transaction Banking (Up to SVP)

Company Name: Bank Asia PLC

Vacancy: --

Age: Na

Job Location: Anywhere in Bangladesh

Salary: Negotiable

Experience:

• At least 12 years
• The applicants should have experience in the following business area(s): Banks

• Bachelor/Honors

04 Years Graduation in any discipline. Master's Degree (Business/Finance/Economics) will get preference.

• At least 12 years
• The applicants should have experience in the following business area(s): Banks

• Minimum 12 years of banking experience, including at least 6 years in transaction banking, cash management or corporate liability.

• Proven record of leading a team and delivering deposit and fee income targets.

• Sound knowledge of Bangladesh payment systems (BEFTN, RTGS, NPSB), Bangladesh Bank regulations and AML/CFT.

• Strong strategic, negotiation, stakeholder management and presentation skills; good understanding of digital banking.

• Leading the unit's team and managing the business pipeline.

• Delivering budgeted deposit, fee income and digital onboarding targets.

• Approving proposals, pricing and mandates within delegated authority.

• Representing the Bank to key clients, regulators and industry forums.

• Maintaining a sustainable low-cost deposit portfolio and helping to maintain the Bank's AD Ratio

• Formulate and execute the Transaction Banking strategy and annual business plan in line with the Division's objectives; cascade unit budget into team and individual targets and review achievement regularly.

• Own the unit's budget for CASA, SND, Special Transactional Accounts, FDRs and other liability products, with focus on low cost of funds, sustainable deposit growth and contribution to the Bank's AD Ratio.

• Grow fee and commission income from collection and payment solutions, Capital Market services, IPO-related activities (Banker to the Issue / Lead Banker to the Issue), dividend distribution, escrow and related services.

• Drive acquisition and wallet-share growth across Government, Semi-Government, Autonomous bodies, utility service providers, Large Local Corporates, MNCs, Capital Market entities, Insurance, NGOs, Education, Healthcare, Fuel & Power, Food and Telecom sectors.

• Lead structuring of complex mandates: collections (virtual accounts, payment gateway, cash pick-up), payments (bulk/payroll, vendor, tax/VAT/duty through BEFTN, RTGS, NPSB), liquidity management and host-to-host/API integrations.

• Personally manage key relationships and top-tier mandates; lead pitches, tenders and senior-level negotiations, and approve pricing within delegated authority.

• Build and oversee the Foreign Corridor desk serving foreign-invested companies, EPZ/Economic Zone units and contractors on foreign-funded projects, in coordination with Trade, Treasury and FI.

• Own the product and digital roadmap with Product, IT and Operations, including the Corporate Internet Banking Platform, APIs, H2H and reconciliation/MIS tools; benchmark continuously against peer banks.

• Ensure full compliance with Bangladesh Bank regulations, BFIU AML/CFT requirements, Foreign Exchange guidelines, KYC/CDD standards and internal policies; ensure timely closure of audit observations.

• Lead, coach and develop the team; set KPIs, conduct performance reviews, build capability and plan succession.

• Coordinate with branches, Trade, Treasury, Retail, SME and Operations for cross-sell and seamless service delivery; resolve client escalations.

• Prepare business MIS, pipeline and performance reports and present to senior management.