Product Manager - Personal Finance

ADIB Group; Abu Dhabi; On-site; AED 60,000 - 80,000; Full time

Job summary

A leading company in the finance sector is seeking a Product Manager for Personal Finance in Abu Dhabi. The role involves product management, development strategies, and collaboration with various stakeholders for enhancing product features and compliance. Ideal candidates will have strong communication skills and a deep understanding of market dynamics.

Qualifications

• Understanding of market dynamics, demographic factors, and competitor products.
• In-depth knowledge of credit policies and application processes.

Responsibilities

• Assist in developing product strategy and execution according to targets.
• Manage product performance and ensure effective channel tracking.
• Interact with stakeholders to enhance product offerings.

Skills

Understanding of market dynamics

Understanding of digital channels

Excellent verbal communication skills

Excellent written 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:

• Understating 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