Product Manager - Personal Finance

ADIB Group; Abu Dhabi; On-site; AED 120,000 - 200,000; Full time

Job summary

A financial services company in Abu Dhabi is seeking a Product Manager for Personal Finance. The role involves managing product development and execution of strategies in line with business objectives. Strong understanding of digital offerings and excellent communication skills are required. Successful candidates will have a proven ability to manage performance targets and ensure compliance with regulatory guidelines.

Qualifications

• Strong understanding of market dynamics and competitor products.
• Familiarity with digital product offerings related to Personal Finance.
• In-depth knowledge of credit policies and application processes.
• Excellent verbal and written communication abilities.
• Strong problem-solving and time management skills.

Responsibilities

• Achieve product and business development objectives.
• Assist in launching new product campaigns.
• Help develop product strategy and execute business projects.
• Ensure compliance with regulatory guidelines.
• Manage performance against set targets.

Skills

Understanding of market dynamics

Digital channels knowledge

Credit policies understanding

Excellent communication skills

Problem solving skills

Time Management skills

Job description

Description

Role : Product Manager Personal Finance

Location : Abu Dhabi

Role Purpose: Product management and development

Key Accountabilities of the role

Product Management / Development:

• Achieving product and business development objectives by helping the Product Head in setting the channel objectives and effective channel performance tracking and ensuring right processes/ systems in place.
• Assist Product Head in launching new product variants campaigns and sales boosters.

Strategy

• To assist in developing the product strategy by doing the effective competition scan.
• To ensure execution of the business projects in line with Product Strategy.
• Execution of PF strategy in liaison with internal stakeholders.
• Closely interact with IT and Digital factory for the development of required product features and relevant UATs.

Targets and Budgets

• Manage product performance against the set targets

Policies Systems Processes & Procedures

• Timely update of SOP and Policy manuals.
• Improve credit policies in line with market scan through Test programs.
• Ensure achieving the set KPIs of application processing i.e. STP rate and RTS rate.
• Regular trainings to frontline.
• Process digitization to improve customer and user experience.
• Ensure compliance to CB and CPR regulatory guidelines.

Governance and Controls

• Managing regulatory reporting internal or external audits on the product and timely closure of audit comments.
• Ensure timely update / testing of RCSA and tracking of GRC pending items.
• Perform exceptions management.

Specialist Skills / Technical Knowledge Required for this role

• Understanding of market dynamics including demographic factors competitor products and services
• Understanding of digital channels and digital product offerings on Personal Finance
• In depth understanding of credit policies / application processes
• Excellent verbal and written communication skills
• Problem solving skills
• Time Management skills

Required Experience

IC