Product Manager - Workplace Banking

Job Summary

The Product Manager – Workplace Banking is responsible for developing and driving the Bank’s workplace banking strategy, focusing on salary accounts, employer partnerships, and embedded financial solutions within organizations. The role will deliver sustainable growth in customer acquisition, deposits, and transaction volumes, while strengthening the Bank’s position as the preferred financial partner for employers and employees.

Job Details

KEY RESPONSIBILITIES

• Develop and execute the Bank’s workplace banking strategy across corporate and SME segments
• Drive acquisition of salary accounts and employer partnerships
• Design tailored value propositions for employees (loans, savings, lifestyle benefits, digital banking)
• Collaborate with Sales teams to deliver bulk onboarding and activation of employees
• Drive deposit mobilization, account funding, and transaction activity within workplace segments
• Build and manage relationships with HR teams, corporates, and institutional partners
• Develop and launch workplace-specific campaigns and engagement programs
• Monitor performance across key metrics (accounts opened, funded accounts, transaction volumes)
• Optimize onboarding experience for bulk and digital salary account acquisition
• Work with Product and Technology teams to build integrated workplace solutions (APIs, payroll integrations)
• Ensure high customer satisfaction and retention within workplace segments
• Identify new opportunities within sectors (public sector, corporates, clusters, institutions)
• Manage product profitability and ensure cost-effective acquisition strategies
• And any other duties that may be assigned from time to time

Requirements

Experience and Skills Necessary for Job Function

• Minimum of 3 – 5+ years’ experience in Retail Banking, Product Management, or Business Development
• Proven experience in salary account acquisition or workplace banking
• Strong track record in deposit mobilization and partnership management
• Experience in financial services is required
• Strong understanding of retail banking and liability products
• Business development and relationship management expertise
• Ability to structure and scale partnership-driven products
• Strong analytical and commercial acumen
• Excellent communication and negotiation skills
• Stakeholder management across multiple business units
• Customer-centric mindset with focus on experience and retention
• Strategic thinking with strong execution capability

Benefits

At Wema Bank, we recognize and reward the contributions of our employees by offering a range of benefits designed to enhance their well-being and work-life balance. Here are some key perks you can enjoy as a Knight. 

• Healthcare – We have a comprehensive medical coverage to ensure you, and your loved ones stay healthy.
• Elderly Care - At Wema Bank, our robust HMO plans include a provision for elderly care, allowing you to enroll one of your parents under your health coverage.
• Parental Leave (Paternity & Maternity) – Paid leave to support new parents, allowing them time to bond with their newborns.
• Year-End Bonus (13th Month) – As a Knight, there is an opportunity for you to enjoy an additional allowance as a reward for your dedication and hard work.
• Company Events – At Wema Bank, we engage in team-building activities, networking opportunities, and celebrations that foster a strong workplace culture.
• Competitive Pay – Attractive salary packages that reflect your skills, experience, and contributions.
• Leave Allowance – Financial support when you take your well-deserved time off.
• Profit Sharing – A share in the bank’s success, ensuring you, as an employee, benefit from the company’s growth.

About Company

Wema Bank

https://www.wemabank.com

Wema Bank is the pioneer of Africa’s first fully digital bank, ALAT, and one of Nigeria’s most resilient banks. With decades of experience in the business of banking, the Bank has remained innovative in delivering value to its stakeholders. The publicly quoted Nigerian company has successfully built a legacy of trust and resilience that has won it the loyalty of its customers. The Bank is constantly introducing products and services tailored to the needs of its customers at every stage of their lives. It is a proud partner to more than one million individuals, families and businesses across Nigeria, helping them to achieve their personal and financial goals.