Product Manager - Personal Finance

Dubai Islamic Bank; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A major banking institution in Dubai is seeking a Finance Manager to drive product strategy and profitability. The ideal candidate will have 4-6 years of experience in retail banking, demonstrate strong marketing capabilities, and effectively coordinate cross-functional teams to achieve strategic goals. This role also involves compliance with Sharia guidelines and optimizing product propositions.

Qualifications

• Minimum of 4-6 years of professional experience in retail banking.
• Strong understanding of product development practices.
• Proven ability to manage marketing initiatives.

Responsibilities

• Ensure execution and monitor results of product strategy.
• Coordinate delivery and monitor achievement of product profitability targets.
• Organize execution of new product propositions.

Skills

Retail banking experience

Product development

Marketing strategies

Consumer behavior analysis

Cross-functional coordination

Education

MBA

Job description

• Ensure execution and monitor results of product strategy to ensure the comprehensive achievement of Personal Finance strategic goals.
• Coordinate delivery and monitor achievement of the product profitability targets.
• Organize seamless execution of new product propositions, processes, and systems.
• Maintain records of customer transaction documents by Fatwa & Sharia Supervisory Board (FSSB) and Legal Department to ensure compliance with Sharia and legal guidelines.
• Assist in identifying and implementing revenue generation and cost reduction opportunities to enhance product profitability.
• Ensure effective execution of process, system, TAT, and documentation improvement opportunities to strengthen the product proposition.
• Coordinate with sales, operations, credit, IT, BPA, Shariah, legal, audit, and collections to achieve product sales, profitability, and positioning objectives.
• Ensure timely and effective rollout of marketing communications and promotions, leveraging acquisition seasonality and competitor initiatives.
• Coordinate the resolution of process breakdowns and policy interpretation related to customer issues across all functions to ensure a seamless product experience.
• Strengthen existing business relationships with vendors to ensure delivery of high levels of service to customers.
• Monitor competitor activity and assist in implementing effective countermeasures to achieve Personal Finance strategic goals.
• Recognize business opportunities or problems, recommend action plans, and effectively implement them to meet strategic objectives.

Education:

MBA is a plus.

Experience:

Professional experience in retail banking, products, consumer behavior, marketing, and product development practices with a minimum of 4-6 years of work experience. Job ID JB1100014359

Position: Finance Manager • Dubai, United Arab Emirates