Executive Vice President - Digital Retail Banking

EVP Digital Retail Banking

- An executive vice president (EVP) of digital retail banking is responsible for leading and implementing the digital strategy for a retail bank.

- This includes developing and executing a plan to enhance the bank's online and mobile banking platforms, as well as implementing new digital products and services to improve the customer experience.

Some specific responsibilities of a VP of digital retail banking might include :

- Developing and implementing a digital strategy that aligns with the overall business goals of the bank

- Leading the design and development of new digital products and services, such as mobile banking apps and online banking portals

- Managing the budget and resources for the digital retail banking team, including staffing and vendor management

- Collaborating with cross-functional teams, including marketing, IT, and operations, to ensure the smooth rollout of new digital products and services

- Monitoring and analyzing industry trends and market opportunities to identify potential areas for growth and innovation

- Providing thought leadership and guidance on best practices for digital banking, including data privacy and security

- Ensuring compliance with relevant laws and regulations governing digital banking operations

- Experience in digital lending products including non-collateral loans

- Responsible for the unit's profitability

- In order to be successful in this role, an EVP of digital retail banking should have strong leadership skills, as well as experience in digital product development and management.

- They should also have a strong understanding of the financial services industry, as well as the technical knowledge needed to oversee the development and operation of digital banking platforms.