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Senior Product Manager Asset at NMB Bank
NMB Bank
Dar es Salaam 4
Senior Product Manager Asset (Re-advertisement) (1 Position(s))
Job Purpose:
Responsible for asset product development, management and performance for Retail Banking
Monitoring and ensuring asset product profitability and its end-to-end life cycle
Main Responsibilities:
- Develop, implement and manage a compelling Retail banking portfolio of Asset products.
- Ensure proper communication of new products before public launch, awareness, and training to branches and all key stakeholders
- Ensure new products are approved and in line with controls and regulations, customer centric concept and are fairly priced.
- Monitor, assess and report new products framework and ensure the same is in line with Bank’s projections, targets and budget.
- Analyze, manage and identify all system faults that affect product performance then, suggest areas of improvement, get approvals for improvement and ensure approved changes/enhancements are implemented within agreed time.
- Monitor asset product quality by working with key stakeholders to ensure it remains within the acceptable bank’s threshold
- Play a key role in innovating Retail Banking asset products.
- Manage internal relationship with all stakeholders and business partners during introduction of new or existing products in accordance to bank risk appetite as well as customer needs.
- Responsible for products’ feature enhancements and revamps where need be to ensure that all product features are relevant to customer’s need and vis-à-vis market competition
- Conduct product profitability analysis to ensure product performance as per target
- Proactive to identify and suggest way forward for underperformance product if any, ensuring continued profitability and Balance Sheet Growth.
Knowledge and Skills:
- Strong analytical and numerical skills for calculation of statistics, figures and targets
- In-depth understanding of product life cycle
- Business planning and Project management skills
- Strong credit skills/ knowledge
- Sound understanding of bank’s loan products, policies and procedures.
- Conversant of product offerings in the wider financial services industry and systems supporting them
- Detailed knowledge of Retail buying behavior, marketing techniques and evolving trends
- An understanding of customer segmentation theory and practice.
- Detailed understanding of banking industry, advisory, regulatory and professional bodies.
- Good understanding of legislation related to financial services and channel delivery.
- Strong knowledge of constructing reports, executive summaries and briefs.
- Excellent communication skills both written and oral
- Standard Computer skills
- Able to deal professionally, confidently and effectively with staff at all levels, internally and externally.
- Good interpersonal and networking skills
- Negotiation and Report writing skills
- Ability to explain and handle complex information clearly and simply.
- Presentation, Coaching and Training skills.
- Ability to keep abreast of industry changes in both business and marketing environments.
Qualifications and Experience:
- Degree/Advanced Diploma in Business, Accountancy, and Economy, Finance or any other related field.
- A Master’s Degree will be an added advantage
- Any course or training in product development is an added advantage
- A minimum of 5 years working experience in Product Development within the Banking Industry and at least 2 years’ experience in credit
- Familiar with a variety of the field’s concepts, practices, and procedures.
- Conversant in Customer segmentation, Pricing and Product Development procedures/processes.
NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender balanced workforce.
Female candidates and people living with disabilities are strongly encouraged to apply for this position.
NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.
Only shortlisted candidates will be contacted.
Job opening date : 23-Aug-2024Job closing date : 06-Sep-2024
How to Apply:
To submit your application, please follow the link provided below.
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