Product Manager

Job Responsibilities

• Define the financial product(s) strategy and roadmap.
• Undertake activities for developing / refining financial products based on primary research in the field and secondary research available.
• Be aware of market competition and trends / benchmarks on a regular basis for refining / adjusting product parameters, delivery channels, and marketing strategy.
• Finalize product launch / annual implementation plans (inclusive of quarterly and annual targets) in the Bank in coordination with Business.
• Develop revenue and cost forecasts for the product.
• Set pricing to meet revenue and profitability goals in coordination with Treasury and Business.
• Provide technical support to the Area Managers for the effective implementation of the product, troubleshooting.
• Train field staff for pilot tests.
• Identify alternate distribution channels for the delivery of the product.
• Monitor product performance on a monthly basis to analyze product uptake trends, product quality, etc., and take corrective measures to adjust product parameters accordingly. Analyze audit reports for the same purpose.
• Coordinate with internal stakeholders for smooth launch and implementation of the product.
• Coordinate with external stakeholders if required for the implementation of the product.
• Develop marketing plans, materials, and strategies, and coordinate with the Business and Communication for implementation of the same.

Job Specification

Qualification :

Master’s degree (MBA, Finance preferred) or equivalent from a reputable local university or international university.

Experience :

5-7 years of experience in the banking sector / development sector, as a Product Manager.

Knowledge / Skills :

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