Product Manager

Core 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 in 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, trouble-shooting
• Train field staff for pilot test
• Identifying alternate distribution channels for the delivery of the product
• Monitoring product performance on monthly basis to analyze product up-take trends, product quality, etcand take corrective measures to adjust product parameters accordingly. Analyze audit reports for the same purpose
• Coordination with internal stakeholders for smooth launch and implementation of the product
• Coordination with external stakeholders if required for the implementation of the product.
• Developing marketing plans, material and strategies and coordinating with the Business and Communication for implementation of the same.

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