Product Development Manager

Lobo Management; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading financial services provider in Dubai is seeking an experienced Manager-Product Development. You will drive enhancements and maintenance of the liability product portfolio, collaborate with diverse teams, and implement strategic plans. The ideal candidate has a Bachelor's degree and at least 3 years of relevant experience in financial institutions, with expertise in Shariah-compliant banking products.

Qualifications

• Minimum 3 years of experience in Financial Institutions or Banks.
• Experience in Shariah-compliant banking products.
• Strong background in Bank Liability Products.

Responsibilities

• Assist in developing product strategies and business propositions.
• Support pricing strategies and ensure compliance.
• Evaluate business opportunities and forecast demand.
• Collaborate with internal teams for smooth implementation.

Skills

Analytical skills

Communication skills

Time management

Project management

Business reporting

Market knowledge

Bilingual (English & Arabic)

Education

Bachelor's degree in Marketing/Business Development

Job description

We are currently hiring for a Manager-Product Development for our esteemed client, a leading financial services / banking institution based in Dubai.

As a Product Manager you will be responsible for driving the development, enhancement, and maintenance of our client’s liability product portfolio. You will work closely with cross-functional teams, including business stakeholders, developers, designers, and analysts, to define and execute product strategies that align with their business objectives.

Key Roles & Responsibilities:

Support in Strategic Planning and Product Development:

• Assist the Senior Manager in developing strategies and plans for NBC's products and services.

• Support in formulating business propositions tailored to various customer segments.

• Align execution activities with NBC's financial and strategic goals.

Assist in Pricing Strategy and Implementation:

• Support the recommendation and execution of pricing strategies.

• Ensure pricing structures are implemented effectively and align with market and legal standards.

Support in Business Opportunities and Forecasting:

• Help evaluate potential opportunities to enhance product/service offerings.

• Assist in forecasting demand and providing relevant data for decision-making.

Channel Expansion and Marketing Coordination:

• Work with the Senior Manager and Marketing to propose ideas that improve customer service delivery.

• Support initiatives aimed at optimizing the marketing mix.

Innovation and Compliance:

• Provide input on innovative product ideas and ensure all necessary documentation is prepared for Sharia review.

• Assist in managing regulatory and compliance processes for new products.

Team Collaboration:

• Coordinate with internal departments to ensure smooth implementation of initiatives guided by the Senior Manager.

Qualification & Experiences:

• Bachelor's degree in Marketing/Business Development with a minimum of 3 years of experience in Financial Institutions, Banks, Financial Advisory, Insurance, or Group Schemes.
• Strong analytical and communication skills with a demonstrated ability to support product development initiatives and align them with market needs.
• Arabic-speaking candidates / Bilingual (English & Arabic )
• Time management; project management and business reporting skills
• Market, competitors and commercial business knowledge
• The candidate must have strong and proven experience in Shariah-compliant banking products, preferably within the banking sector.
• Background in Bank Liability Products is required

If this sounds of interest to you then revert back with your CV to proceed ahead with your application.