Product Manager

2 weeks ago

Islamabad, Islamabad, Pakistan Effective Business Solutions Full time
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:

  • Excellent written and verbal communication skills (English and Urdu).
  • Demonstrated success defining and launching asset and liability products.
  • Strong research skills and ability to translate research into policies.
  • Excellent analytical skills.
  • Excellent teamwork skills.
  • Proven ability to influence cross-functional teams without formal authority; Strong cross-functional coordination skills.
  • Must be able to travel throughout Pakistan.
  • Examples and at least one sample of an effective product document delivered in the past.
  • Strong follow-up on implementing aggressive growth plans.
  • Excellent knowledge of MS Office and other office-based software.
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