Product Manager Assets (1 Position) at NMB

Job Location: Head Office, HQ | Product Manager Assets (1 Position) at NMB

Job Purpose: The Product Manager Assets is responsible for the development, management, and performance of Asset products in Retail Banking, ensuring profitability and adherence to regulations.

Main Responsibilities:

1. Develop, implement, and manage a comprehensive portfolio of Asset products in Retail Banking.
2. Communicate new products effectively before launch, providing awareness and training to branches and stakeholders.
3. Ensure new products are approved, comply with regulations, customer-centric, and competitively priced.
4. Monitor and report on the framework of new products, ensuring alignment with the bank’s projections, targets, and budget.
5. Analyze and manage system faults affecting product performance, suggest improvements, obtain approvals, and ensure implementation.
6. Monitor the quality of asset products and collaborate with stakeholders to maintain acceptable standards.
7. Innovate Retail Banking Asset products to meet customer needs and market competition.
8. Manage internal relationships and partnerships during product introductions, aligning with the bank’s risk appetite and customer requirements.
9. Conduct regular competitor reviews regarding Retail Asset product offerings.
10. Perform profitability analysis to ensure products meet targets.
11. Identify and proactively resolve product issues.
12. Enhance and revamp product features as necessary to ensure relevance to customer needs and market competition.

Knowledge and Skills:

• Proficiency in constructing reports, executive summaries, and briefs.
• Understanding of product life cycle.
• Business planning and project management skills.
• Effective communication skills, both written and oral.
• Standard computer skills and proficiency in interpersonal networking.
• Negotiation and report writing skills.
• Presentation, coaching, and training abilities.
• Strong analytical and numerical skills for statistical calculations and target setting.
• Knowledge of credit principles.

Qualifications and Experience:

• Bachelor’s degree in Business, Accountancy, Economics, Finance, or related field.
• Additional courses or training in product development are advantageous.
• Minimum of 5 years’ experience in Banking, with at least 3 years in Credit or Asset product environment.

NMB Bank Plc is an Equal Opportunity Employer, committed to creating a diverse and gender-balanced workforce. Female candidates and individuals with disabilities are strongly encouraged to apply. The bank does not charge any fee for the application or recruitment process. Only shortlisted candidates will be contacted.

Job Opening Date: 06-Mar-2024
Job Closing Date: 20-Mar-2024

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