Job Description
Group Head, Customer Loyalty, Retention & Engagement – ()
Description
- Enhance Customer Lifetime Value through increased profitability and a larger share of the wallet.
- Boost product uptake via data-driven customer engagements and targeted offer placements.
- Develop an engagement and loyalty roadmap to drive CLV across all customer lifecycle stages (acquisition, growth, retention).
- Lead the review of customer engagement plans, ensuring customers receive best-in-class experiences.
- Extract value from Equity’s loyalty programs.
- Define and report on pertinent success metrics for retention and loyalty initiatives.
- Leverage customer, financial, and churn data to inform decisions and build business cases for various retention efforts.
- Establish internal customer communication standards and procedures for bank-wide compliance with all non-brand communications.
- Ensure the adoption of service recovery and Alternative Dispute Resolution (ADR) frameworks.
- Formulate the customer retention and loyalty strategy and programs, with the primary goal of retaining and expanding the customer base.
- Strategically lead, develop, implement, and manage customer lifecycle programs from ideation to execution.
- Utilize data to identify, test, and optimize user retention and extension methods and channels.
- Define customer segments and create relevant and personalized customer journeys to drive CLV.
- Develop strategies for proactive and reactive communication for customers at risk of cancellation, ensuring every opportunity to retain these customers is explored.
Qualifications
- Bachelor’s or Master’s degree in Marketing, Business Administration, or a related field.
- Knowledge of CRM and/or Loyalty Programs.
- Proficiency in relevant MS Office applications.
- Familiarity with analytics software (e.g., Power BI).
- Experience working in a strategic, cross-functional role collaborating with multiple teams in different geographies.
- A minimum of 6 years working experience in a customer service and sales environment, with at least one year at a managerial level.
- Self-motivated and results-oriented.
- Customer-focused mindset with strong written communication skills.
- Well-organized, proactive, with an attitude to embrace changes and challenge the status quo.
- Ability to clearly articulate and drive a vision.
- Innovative and out-of-the-box thinker.
- Creative with proven experience working on retention and loyalty initiatives.
- Solid organizational and planning skills with meticulous attention to detail.
- Excellent interpersonal skills.
- Effective planning and organizing skills for task and project execution within timeframes and budget.
- Excellent written and oral communication skills.
- Self-empowerment to foster open communication, teamwork, and trust that support a performance and customer-service-oriented culture.
- Customer focus to exceed expectations in terms of performance and product excellence at every turn.
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