Corporate Banking Manager Job at Nomba

Nomba, launched in 2017 as "Kudi.ai", is a chatbot that responds to financial requests on social apps. Nomba has since evolved to empower independent businesses to act as neighborhood banks offering basic financial services such as cash withdrawal, transfer and bill payments to all Nigerians, especially those in underserved communities. Today we process more than $500m in payments monthly.

We are recruiting to fill the position below:

Job Position: Corporate Banking Manager

Job Location: Lagos
Job type: Full-time

Job Summary

• We are looking for a Corporate Banking Manager to build and manage the Corporate Banking division, mobilize large-corporate deposits and manage the corporate vault/treasury liabilities, ensure risk is well controlled, and drive revenue and margin growth via services for corporations.

Key Responsibilities

• Develop and execute corporate banking strategy aimed at growing corporate deposits, operational account balances, escrow/vault holdings, and term liabilities.
• Identify, acquire, and manage relationships with large corporate clients (revenue/turnover thresholds), ensuring high service, cross-selling banking products (cash management, trade finance, treasury services, corporate loans).
• Set up and manage corporate vault services, ensuring robust security, compliance & operational efficiency.
• Oversee credit/risk underwriting for corporate clients; ensure portfolio remains healthy, with acceptable non-performing loan (NPL) levels.
• Lead product innovation in deposit/liability products (fixed deposits, notice accounts, corporate sweep accounts, liquidity products).
• Work with Finance / Treasury to optimize cost of funds, yield on deposits, and liquidity management.
• Manage compliance, KYC/AML, and regulatory reporting for corporate banking.
• Build, coach, and manage a high-performing team of Relationship Managers, Treasury/Deposit Officers, and Credit Analysts.

Key Performance Indicators (KPIs)

• Corporate Deposits Growth
• Mobilize N40-60B in new corporate deposit liabilities in 12 months
• Average Deposit Tenor / Stability
• Target minimum average tenor of say 90-120 days; reduce deposit churn
• Number of New Corporate Clients e.g. onboard 20+ large corporates with deposit/volume thresholds (> N500M or > N1B).

Skills & Experience

• 5-8+ years in corporate banking / commercial banking; Financial House, proven track record in deposit mobilization, treasury or cash management.
• Experience in structuring and managing large corporate vaults/escrow or liquidity products.
• Strong credit risk & underwriting experience.
• Excellent relationship management & negotiation skills; deep network among large enterprises.
• Good understanding of regulatory, compliance, AML/KYC requirements in Nigeria.
• Strong analytical, financial modelling, and forecasting skills.
• Leadership experience: managing teams, coaching, driving performance.

Benefits

• Competitive Monthly base salary of 1.5m - 2m net
• Performance-based commissions and bonuses (% of deposits that stay for a minimum of 90 days)
• Health insurance, pension, and paid time-off benefits
• Learning & development allowance
• Career progression opportunities in a challenging, performance-driven environment.