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30 Dec 2022

Product Manager Assets at NMB Bank Plc

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Job Description

Job Purpose:
Responsible for asset product development, management and performance for Retail Banking while ensuring product profitability.
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, asses, and report new products framework and ensure the same is in line with the 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 the agreed timelines.
  • 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 relationships with key stakeholders and business partners during introduction of new or existing products in accordance to bank risk appetite as well as customer needs
  • Regular (Quarterly/Semi-Annually/Annually) Competitor Review vis-à-vis Retail Asset product offering.
  • Conduct profitability analysis to ensure product performance as per targets
  • Being pro-active to identify product issues and resolve them timely in a proactive manner.
  • Responsible for products features enhancements and revamps where need be to ensure that all products features are relevant to customer’s needs and market competition in the industry.
Knowledge and Skills:
  • Strong knowledge of constructing reports, executive summaries, and briefs
  • In-depth understanding of product life cycle
  • Business planning and Project management skills
  • Strong analytical and numerical skills for calculation of statistics, figures and targets
  • Credit knowledge
  • Excellent Communication skills both written and oral
  • Standard Computer skills
  • Good interpersonal and networking skills
  • Negotiation and Report writing skills
  • Presentation, Coaching and Training skills
Qualifications and Experience:
  • Bachelor’s degree or its equivalent in Business/Accountancy/Economics/Finance or any other related field.
  • Any course or training in product development is an added advantage
  • Minimum of 5 years’ experience in banking, out of which 3 should be in Credit or Asset product environment.NMB Bank Plc is committed to creating a diverse environment and is proud to be an equal opportunity employer
Job closing date : 19-Jan-2023
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Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 19th January, 2023.

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