Head of Deposits, Wealth & Segments

Raqami Islamic Digital Bank Ltd. · Karachi, Karachi District; Sindh, Pakistan

Job Title: Head of Deposits, Wealth & Segments

Department: Retail Banking

Job Overview

We are seeking an accomplished banking leader to drive the Bank’s Deposits, Wealth & Segments franchise. The role is responsible for developing and executing a Shariah-compliant strategy that delivers sustainable deposit growth, expands wealth and investment propositions, and builds differentiated offerings for priority customer segments while ensuring strong governance and regulatory compliance.

Key Responsibilities

• Define and execute the deposits, wealth, and segment strategy, annual business plan, operating model, and multi-year growth roadmap.
• Own deposit portfolio growth, portfolio mix, stability, and funding economics.
• Lead the design and lifecycle management of Shariah-compliant deposit products and propositions.
• Develop wealth and investment propositions, including Takaful, mutual funds, and investment products.
• Define and execute preferred segment strategies for freelancers, gig workers, women, youth, students, and other priority customer segments.
• Lead remittance and Non-Resident Pakistani (NRP) banking propositions and partnerships.
• Collaborate with Digital, Payments, Loyalty, CX, Technology, and Business Banking teams to optimize customer journeys and cross-franchise opportunities.
• Own budgets, forecasts, pricing recommendations, executive reporting, and performance dashboards.
• Ensure compliance with SBP regulations, AML/CFT requirements, customer fairness standards, and Shariah governance.

Experience Required

• Minimum 15 years of progressive experience in retail banking, deposits, wealth management, customer segments, remittances, or related financial services.
• At least 7 years in senior leadership roles with accountability for business strategy, deposit growth, budgets, products, and teams.
• Proven success in building deposit franchises, managing funding economics, and driving customer value growth.

Educational Background Required

• Bachelor’s degree in Business Administration, Finance, Economics, Marketing, Banking, or a related discipline.
• MBA, Master’s degree, or relevant professional qualification preferred.

Skills & Competencies

• Deposits Portfolio & Funding Strategy
• Wealth & Investment Proposition Development
• Customer Segment Management
• Product Strategy, Pricing & Lifecycle Management
• Customer Analytics & Value Management
• Remittances & NRP Banking
• Business Planning, Forecasting & Performance Reporting
• Partnership Management
• Regulatory, Conduct & Shariah Governance

Raqami Bank is an equal opportunity employer. We welcome applications from all qualified individuals, including Persons with Disabilities (PWDs), and are committed to fostering an inclusive workplace where everyone has the opportunity to succeed.

Last date to apply: October 26, 2026.