Job Overview
Product Manager Assets
NMB Bank Plc
Dar es Salaam
Job Description
Job Location :Head Office
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
