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RAKBANK

New

Manager- Channel Partner - Business Banking Group

Posted Updated
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Key Responsibilities

Channel Partner Development & Growth

  • Develop and execute the channel partner strategy to drive new customer acquisition and revenue growth.
  • Identify, onboard, and manage channel partners, referral partners, aggregators, consultants, fintechs, and other strategic business intermediaries.
  • Build a scalable channel ecosystem capable of delivering high-quality business referrals and accounts.
  • Continuously evaluate market opportunities and expand the partner network to increase market penetration.
  • Establish strong relationships with key stakeholders within partner organizations to drive engagement and performance.

Business Performance & Delivery

  • Drive channel-sourced acquisition volumes, liability mobilization, and portfolio growth in line with business objectives.
  • Monitor partner performance through defined KPIs, productivity metrics, conversion rates, and portfolio quality indicators.
  • Develop incentive programs and engagement initiatives to maximize partner productivity and loyalty.
  • Ensure achievement of monthly, quarterly, and annual business targets.

Stakeholder Management

  • Act as the primary point of contact for channel partners and maintain strong ongoing engagement.
  • Coordinate with Product, Operations, Compliance, Risk, Marketing, and Technology teams to support channel growth initiatives.
  • Work closely with acquisition and onboarding teams to improve customer conversion and onboarding turnaround times.

Governance & Risk Management

  • Ensure all channel activities comply with regulatory requirements, Bank policies, AML/CFT guidelines, and internal governance standards.
  • Monitor portfolio quality and ensure robust controls are maintained across partner-sourced business.
  • Conduct regular reviews and due diligence on channel partners to ensure adherence to agreed standards.

Market Intelligence & Strategic Planning

  • Track industry trends, competitor activities, and emerging partnership opportunities.
  • Recommend strategic initiatives to improve channel effectiveness, customer acquisition, and market share.
  • Prepare management reports and business performance updates for senior leadership.

Candidate Profile

Experience

  • Minimum 8-10 years of banking, financial services, fintech, or channel sales experience.
  • At least 5 years of demonstrated success in managing and growing channel partner businesses.
  • Proven track record of establishing new partnerships and delivering significant business growth through indirect sales channels.
  • Experience in business banking, SME banking, liability products, account acquisition, or related financial services preferred.

Skills & Competencies

  • Strong relationship management and business development capabilities.
  • Excellent negotiation, influencing, and stakeholder management skills.
  • Strong commercial acumen with a results-oriented mindset.
  • Ability to build and execute channel growth strategies.
  • Strong analytical, presentation, and reporting skills.
  • High level of ownership, accountability, and execution focus.

Key Success Indicators

  • Growth in channel partner network.
  • Channel-sourced account acquisition and funding volumes.
  • Revenue and portfolio growth generated through partners.
  • Partner productivity and activation rates.
  • Portfolio quality and compliance adherence.
  • Customer acquisition cost and conversion efficiency.

Essential Requirement

Candidates must have a proven and demonstrable track record of successfully building, scaling, and managing channel partner businesses, with evidence of consistently delivering growth in acquisition, revenue, and partner productivity through channel-led business models.

Skills

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