Head of Liabilities (Retail Banking)

About the role

Fulcrum Pvt. Ltd. is looking for a seasoned banking professional to lead its liabilities function within retail banking. The role focuses on driving liability growth, especially through digital channels, while ensuring compliance with Islamic banking principles and regulatory standards.

Key responsibilities

• Develop and execute liability growth strategies targeting customer acquisition, retention, and digital adoption.
• Lead the design and enhancement of digital liability products such as online savings accounts and digital fixed deposits.
• Conduct market research to identify emerging trends and new business opportunities.
• Ensure robust risk management and regulatory compliance for all liability products.
• Monitor product performance, recommend improvements, and maximize profitability.
• Mentor and develop a high‑performing liabilities team.
• Collaborate with internal and external stakeholders to achieve business objectives.
• Drive innovation while aligning with Islamic banking principles where applicable.

Required profile

• Master's degree in Finance, Economics, Business Administration or a related field; professional qualifications such as CFA, CA or ACCA are preferred.
• Minimum 15 years of experience in financial services with strong expertise in liabilities management and digital banking.
• Extensive exposure to retail banking and deposit portfolio management.
• Experience with Islamic banking products and regulations is an advantage.

Required skills

• Strategic planning and strong analytical capabilities.
• Leadership, stakeholder management and effective communication.
• In‑depth knowledge of digital banking technologies, financial markets, regulatory frameworks and compliance requirements.
• Understanding of Islamic banking principles and ability to innovate within that framework.

What we offer

• Competitive salary up to PKR 800,000 per month.
• Opportunity to lead a high‑performing liabilities team.
• Strategic role within a dynamic retail banking environment.