Head of Product Development
3 weeks ago
My client are a leading Bank based in Oman undergoing a significant change programme to transform the bank’s offering from a digital perspective. This will take in both the front end customer experience and back office capability to drive a more effective all-round offering.
To help ensure the critical strategic objectives are met across the organisation, my client are looking to hire a Head of Product Development. Please note, this role requires full relocation to Oman.
Role statement
- To Lead Islamic Banking product development and upselling of assets and liabilities products.
- Working closely with sales, marketing and support to achieve monthly revenue and customer satisfaction goals within Islamic Retail Banking.
- Maximize profitability through a comprehensive product management process.
- Manage the lifecycle of products: design, development, maintenance, enhancement and exit.
- Lead research, analysis, design, development and implementation of new products for one or more divisions, product lines, and market segments.
- Analyse, modifies and enhances existing products to maximize profitability and meet customer needs.
Key responsibilities
- To drive assets and liabilities product development and enhancing value proposition, net customer growth, and market share growth, explore and discover new ideas and formulate business strategies.
- Develop and monitor assets and liabilities product metrics for portfolio management and optimization.
- Development of different MIS Report to support business.
- Responsible for identifying, evaluating and developing enhancements and new product opportunities.
- Recommend changes to policies, procedures, systems and products as needed to maintain an efficient operation and a competitive position in the marketplace.
- Coordinate and collaborate with internal and external parties to ensure the business objectives can be achieved and all marketing programs/ new initiatives run smoothly and effectively;
- Closely monitor and report the business progress and alert for proper action in a timely manner through ongoing keep track of KPI and budget plan;
- Monitor marketing performance and suggest ways to improve efficiency and differentiate from competitors; Research & analyse competition offering.
Education & Experience requirements
- University graduate, preferably in marketing or related disciplines
- Solid marketing experience in banking industry preferably in liability products;
- Attention to details, able to work independently, handle and prioritize multiple tasks;
- Proactive and adapt to dynamic environment;
- Good analytical, organizational and problem solving skills with customer centricity mindset;
- Good project management and selling skills;
- Good communication & interpersonal skills; Good command of written and spoken Proficiency in MS office application.
If you are interested in the role, please respond to the advert.
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