Branch Manager

Branch Manager – State Mortgage & Investment Bank

Job Overview

State Mortgage & Investment Bank (SMIB) is inviting applications for the position of Branch Manager for branches in the Northern and Eastern Provinces. This is an excellent opportunity for experienced banking professionals with strong leadership, credit management, and branch operations expertise to lead branch performance, drive business growth, and achieve organizational objectives.

Job Category: Banking & Insurance, Management, Private Jobs

Job Location: Northern Province, Sri Lanka; Eastern Province, Sri Lanka

Position Details

Position: Branch Manager

Company: State Mortgage & Investment Bank (SMIB)

Employment Type: Full-Time

Work Location: Northern Province, Sri Lanka; Eastern Province, Sri Lanka

Application Deadline: 22 July 2026

Company Overview

State Mortgage & Investment Bank (SMIB) is Sri Lanka’s premier housing bank, dedicated to providing innovative financial solutions and housing finance services. As part of its ongoing restructuring and expansion, SMIB is seeking dynamic banking professionals to strengthen its branch network and deliver exceptional customer service while achieving sustainable business growth.

Qualifications & Experience

Applicants should possess the following qualifications and experience:

• Degree in Banking, Business Administration, Commerce, Economics, Accountancy, or an equivalent qualification from a UGC-recognized university.
• Intermediate or Licentiate Examination of the Institute of Chartered Accountants of Sri Lanka (ICASL), CIMA UK Stage I & II, or Associate Membership of IBSL will be accepted.
• Minimum 6 years of executive-level experience in branch credit appraisal, credit disbursement, risk operations, and credit recovery within a bank or recognized financial institution.
• At least 4 years of post-qualifying experience as an Assistant Manager.
• Excellent communication, leadership, and interpersonal skills.

Key Responsibilities

• Lead the branch in achieving sales, profitability, and customer acquisition targets.
• Ensure smooth and efficient branch operations while maintaining internal controls.
• Motivate, supervise, and develop branch staff to achieve business objectives.
• Manage branch credit appraisal, credit disbursement, and recovery functions.
• Monitor operational performance and ensure compliance with bank policies and regulatory requirements.
• Build strong customer relationships and promote the bank’s products and services.
• Drive business development initiatives to improve branch performance.
• Ensure high standards of customer service and operational excellence.

Required Skills

• Branch management and leadership.
• Credit appraisal and credit risk management.
• Business development and customer relationship management.
• Financial analysis and lending operations.
• Strong communication and negotiation skills.
• Decision-making and problem-solving abilities.
• Team leadership and staff motivation.
• Planning, organizational, and interpersonal skills.

Salary & Benefits

• Salary Scale: Rs. 135,125 – 2,650 × 20 – 188,125 per month.
• Bank-approved allowances including Cost of Living, Rent, and 10% Allowance.
• Approximate Gross Monthly Salary: Rs. 248,500.00.
• Opportunity to work in a leading state-owned financial institution.
• Career growth and professional development opportunities.

How to Apply

Interested candidates should submit the following documents via email:

• Updated Curriculum Vitae (CV).
• Copies of educational and professional qualifications.
• Names, addresses, and contact details of two non-related professional referees.

Email: careers@smib.lk

Important Notes

• Application Closing Date: 22 July 2026.
• Applicants should be not more than 40 years of age. (The age limit does not apply to applicants already employed in the state sector.)
• Selection will be based on an interview conducted in accordance with the bank’s recruitment policy.
• Any form of canvassing will be treated as a disqualification.
• The decision of the Board of Directors regarding recruitment will be final.
• Applications will be accepted only via email.