Job Description
Govts all over the world and in India have critical functions to perform ranging from creating and maintain key infrastructure, working towards social and economic well being of citizens, equitable distribution of resources, providing enabling environment to businesses, ensuring high quality healthcare and education, food security etc. They budget for, raise and spend money to ensure these objectives and thus becomes an important segment to service from Banking industry perspective. Engagement with Govt machinery - both central as well as state and subsequent sales and service effort requires specialised knowledge, skill and is a full time effort. In order to capture this opportunity and align with Bank's and Group' objective, this critical position is being created.
Key Accountibilities :
- Organise the Bank's efforts at both central and state level to cater to the requirements of this segment
- Initiate coverage and onboard various central and state Govt ministries, departments, autonomous bodies etc.
- Garner CA, SA and FD balances from this segment
- Enable linkages between central and state level Govt contacts to drive business
- Work with Tech team in the Bank to enable necessary infrastructure for smooth delivery of our services in this space.
Job Responsibilities :
- Act as the central point of contact along with the Govt banking Head in dealing with Central Government with all matters encompassing policy decisions, digital solutions, tie-ups & MOUs (Memorandum of Understanding)
- Liaison with the various ministries on policy matters related to finance & banking for facilitating mandates across business segments and expand overall business volumes within existing relationships.
- End to end implementation of Government scheme payments, collection and expansion
- Developing strategies to penetrate new accounts & expand existing ones, meeting predetermined business objectives with the support of Branches and verticals.
- Supporting digital initiatives of the Government to push towards the digital economy and ease of doing business.
- Act as a conduit between various central government ministries and internal departments of the bank.
- Close interaction with the Department of Financial Services, Ministry of Finance on a regular basis.
- Providing market intelligence about the Government Sector and changes likely to the internal stakeholders.
- Facilitate business across central and state Govt schemes / departments and build a seamless delivery of products and service capability.
Required Experience :
- 10-15 year of relevant banking experience with strong focus on Govt Banking business
- Strong contacts in Ministries, secretarial, Govt departments etc
- Knowledge of competitors and market
Academics :
- Post graduate, MBA or CA with relevant number of years of experience in Corporate Banking
💡 Quick Summary
Seeking a career-building opportunity? The DBS Bank | Relationship Manager | Government Business position is now open for candidates interested in the Bank Jobs sector. This role in Delhi offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
