More than 6000 trusted jobs and resumes are available on
this platform to meet candidates and employers expectations
❮ Go Back

PRODUCT MANAGER, OTHER ASSET PRODUCTS

time Contract
applications 0 Applications

JOB OBJECTIVE(S) Design value proposition for non-salary individuals such as self-employed and other upcoming individuals. Design and manage scoring algorithms for digital lending to these segments Implement strategies and initiatives to upscale digital lending such as Nano lending, Point of Sales lending, Agent banking lending, etc. Drive product uptake and increase share of the wallet as well as increased Top of the Mind Awareness (TOMA) Profit generation Product development and management External and internal resource management Cost control management and income maximization Business creation and retention Resource planning and coordination DUTIES & RESPONSIBILITIES Mine and pool customer data to track behaviors and design new algorithms for engagement Online marketing and customer acquisition. Data mining and interpretation for business development. Responsible and accountable for risk management of his/her business Work with the SBUs to identify new markets that present opportunities for business Consistently review the existing Products (monthly, Quarterly and Annually) Attend and make presentations at various SBUs monthly/quarterly performance review sessions products and events to support the marketing of products by the customer facing SBUs Ensure the profitability of existing and new products. Ensure that all consumer asset products have NPLs within tolerance level (currently 5% of the total products portfolio) Work with CAP, CRM, CAM, Operations, IT and other SRFs to ensure effective deployment of resources to support market facing SBUs for effective products sales Attend and supervise User’s Acceptance Test (UAT) sessions and ensure that test results conform with approved products terms and conditions Manage Consumer Products life cycle, from inception to launch, to evaluation/refinement and final withdrawal. Carry out other responsibilities as assigned by the Supervisors Develop & implement strategies for the effective monitoring/tracking of Products. Work closely with M&CC, SBU and other stakeholders to ensure FirstBank’s Consumer products are highly visible in the market. Initiate promotional activities/schemes in conjunction with reputable auto & equipment vendors that are aimed at selling these products in a smart and creative manner. CHALLENGES Inaccurate customer data for revolving product lifecycle Obtaining information on competing products Lethargic Information Technology support Effective data science methodology PLANNING Macro: 1 Year Micro: 1 month KEY PERFORMANCE INDICATORS Volume of Consumer Products Asset Quality Profit before tax External Customer Satisfaction Survey Internal Customer Satisfaction Survey Human capital return on investment Audit Defect Rate JOB REQUIREMENTS Education Minimum Education:  First Degree; Higher degrees /MBA/professional certifications compulsory Experience Minimum experience – 2 years of general banking experience KEY COMPETENCY REQUIREMENTS Knowledge Extensive knowledge of competitor products and their application Banking structure, policies and procedures. Core Business Processes Data Gathering and Analysis Regulatory Compliance Banking Operations Extensive knowledge of First Bank’s services/products Relationship management Skill/Competencies Ability to evaluate needs of customers, and determine what products or service would best serve those needs Interpersonal skills IT and Computer appreciation Communications skills (written and oral) Selling and marketing skills Must be self-solution driven, proactive and have acceptable knowledge of the business environment Attention to details Reasoning and Analytical Skill. Performance Measurement & Assessment Skill Supervisory skills  



Share this job:
Shortlist email Email this job

Similar Jobs

PRODUCT MANAGER, RETAIL BUSINESS

time Contract
JOB OBJECTIVE(S) Grow Bank’s retail risk asset (SME) Generation of cheap deposits mix for the Bank Drive product uptake and increase share of the wallet as well as increased Top Of the Mind Awareness (TOMA) Profit generation Product development and management External and internal resource ...

PRODUCT MANAGER, COMMUNITY BANKING

time Contract
JOB OBJECTIVE(S) Deepen the Bank’s share of wallet on the Asset and Liability products business of the Community Banking Market segment through development and launch of bespoke products. Facilitate the diversification of asset revenue and liability generation through the rollout of new and best priced ...

BUSINESS DEVELOPMENT EXECUTIVE

location Bursari LGA, Yobe State
time Contract
JOB SPECIFICATION Monitoring competitor products, sales and marketing activities. Identify business opportunities and target markets Identify, arrange and Visit potential customers for new business Provide customers with quotations Negotiate the terms of an agreement and close sales Formulate business proposals according to customers’ business needs ...


Advertisements