IDFC First Bank

Deputy Manager – Acquisition (Curre...

IDFC First Bank
Bangalore
Not disclosed
1 - 3 Years
Posted:
10 hours ago
Full time
Applicants:
0
Job Description

Job Title:


Deputy Manager – Acquisition (Current Account)



Location:


Bengaluru, Karnataka



Department / Function:


Sales / Business Development – Client Acquisition / Retail Banking



Industry:


Banking / Financial Services



Number of Openings:


2 (or specify as needed)



Reporting To:


Branch Head / Regional Sales Manager / Head of Client Acquisition



Salary Range:


Up to ₹5,00,000 per annum (depending on experience and performance)



Experience Required:


Minimum 1 year in banking sales, preferably with exposure to current account acquisition or business development roles.



Education:


Any Bachelor’s degree from a recognized university



Age Limit:


Maximum 30 years



Mandatory Requirements:

• Valid driver’s license (DL)

• Own bike for field visits / client meetings



Role & Key Responsibilities:


As Deputy Manager – Acquisition (Current Account), you will:

• Prospect and acquire new current account customers through field sales, networking, and outreach activities

• Meet or exceed monthly & quarterly acquisition targets as set by management

• Manage the full sales cycle: lead generation → client meetings → account opening → follow-up

• Build and maintain relationships with potential clients; understand their needs and propose suitable banking solutions

• Work closely with the branch operations and compliance teams to ensure smooth onboarding of current accounts (documentation, KYC, verification, etc.)

• Prepare and submit regular reports on sales activities, pipeline status, conversion metrics, and feedback from clients

• Identify opportunities for upselling cross-banking products (e.g., overdraft facility, merchant services etc.), where permitted

• Represent the bank in events / meetups, market research, and competitor analysis to refine acquisition strategies



Skills & Competencies:

• Excellent communication skills (verbal and written)

• Strong persuasion, negotiation, and interpersonal abilities

• Good customer-oriented mindset, with ability to understand needs and build trust

• Resilience and ability to work under targets and deadlines

• Self-motivated, proactive, disciplined about field & desk work

• Basic understanding of banking products, current accounts, KYC / regulatory compliance



What We Offer:

• Opportunity to grow within a dynamic, fast-moving bank

• Real responsibility and visibility; you’ll see the impact of your work

• Training & soft skills development to sharpen your sales & client engagement abilities

• Incentives based on performance, in addition to fixed salary



Why Join Us:

• Be part of a growing team in a reputed bank where acquiring clients is a critical driver of growth

• Exposure to ground-level sales & client acquisition experience that builds a strong foundation for your banking career

• Mentorship & support from senior leadership; performance rewarded



If this sounds like your next step, we’d love to have you on board. Apply now and help us take IDFC Bank’s current account business forward!


About the Bank

 

  1. Vision: To build a world-class Bank in India, founded with principles of Ethical, Digital, and Social Good Banking.
  2. Scale: IDFC FIRST Bank is one of India’s fast-growing private banks, building its UI, UX, and tech stack like a fintech. As of June 30, 2025, the Bank serves 35 million customers, with a customer business of ₹5,10,032 crores ($59.5b) comprising deposits of ₹2,56,799 crores ($29.9b) and loans & advances of ₹2,53,233 crores ($29.4b). Customer deposits grew 25.5% YoY and loans 21.0% YoY. We reach over 60,000 cities, towns, and villages, operate through 1,016 branches.
  3. Scope: We are a universal Bank offering complete range of services, including Retail, MSME, Rural, Startups, Corporate Banking, Cash Management, Credit Cards, Wealth Management, Deposits, Government Banking, Working Capital, Trade Finance, and Treasury solutions. 
  4. Ethical Banking:  We are committed to doing right even when customers are not watching. We have simplified descriptions, calculations, and legal jargon to avoid confusing customers.
  5. Digital Banking: The Banks modern technology stack delivers high-quality services across all channels like mobile, branch, internet banking, call centres and relationship managers. Built on cloud-native, API-led, microservices architecture, supported with dataanalytics, AI, and fine aesthetics, we strive to deliver fintech-grade experiences on banking platform.
  6. Social Good: We work for society. We have financed over 38 million loans including 15 million women entrepreneurs, 16 million loans (laptops, washing machines, refrigerators etc. that enhance the quality of life of middle class), 6.5 million vehicle loans, 1 million sanitation loans, 1 million livelihood loans, and 300,000 SMEs. On deposits, we provide access of premium investment research, which is usually reserved for the wealthy, even to those holding balances as low as ₹5,000. Our ESG scores are high and improving.
  7. Customer Friendly Banking: We make banking easy by having a customer first approach. We have waived fees on 36 essential savings account services which are commonly charged in the market, the first and only bank in India to do so. We create “pull” products that customers actively seek out.
  8. Governance: We adhere to regulatory guidelines in letter and spirit and actively work with regulators to make things better. We take pride in maintaining highest levels of corporate governance.
  9. Shareholders: We are building a well-diversified universal banking portfolio designed to deliver consistent ROE of 16%+.
  10. Employees: IDFC FIRST Bank is designed to be a happy place to work, with cutting-edge roles, meaningful growth opportunities, and a culture of meritocracy. Compensation is healthy, efforts are recognized, and employees experience the pride and excitement of creating a world-class Bank in India.


Job Requirment
Role:
Deputy Manager – Acquisition (Current Account)
Industry:
Banking & Finance
Department:
Accounting & Finances
Employment Type:
Full time
Education
Graduate
Skills
Communication Skills
verbal communication
written skills
Negotiation skills
interpersonal skills
Customer Service
target driven
Banking Products
KYC Analysis
KYC Specialist
Regulatory compliance
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