New Opportunities at NMB Bank Plc

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Senior Product Manager Asset at NMB Bank Plc

Job Location :

Head Office, Hq

Main Responsibilities:

Recommended:
  • 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.

Read Also:

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 committed to creating a diverse environment and is proud to be an equal opportunity employer.

    Only shortlisted candidates will be contacted

Job closing date : 01-May-2023

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