Summary
Date Posted: Monday, March 11 2024, Base Salary: Not Disclosed

JOB DETAILS:
Job Location: Head Office, Hq

Job Purpose:
Responsible for Asset product development, management and performance for Retail Banking while ensuring product profitability.

Main Responsibilities:
• Developing, implementing, and managing 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, assess and report new products framework and ensure the same is in line with banks 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 agreed time.
• 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.
• 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 product features are relevant to customer needs and market competition in the industry.

Knowledge and Skills:
• A good knowledge of constructing reports, executive summaries, and briefs.
• Greater understanding of product life cycle
• Business planning and Project management
• Communication skills both written and oral
• Standard Computer skills and good interpersonal and networking skills
• Negotiation and report writing skills.
• Presentation, Coaching and Training skills
• Strong analytical and numerical skills for calculation of statistics, figures, and targets
• Credit knowledge

Qualifications and Experience:
• A Bachelor’s degree in Business/Accountancy/Economics/Finance or any other related field.
• Any course or training in product development is an added advantage
• 5 years’ experience in Banking, out of which 3 should be in Credit or Asset product environment.

NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender balanced workforce.

Female candidates and people living with disabilities are strongly encouraged to apply for this position.

NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.

Only shortlisted candidates will be contacted.


Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure
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