Product Manager

Effective Business Solutions; Islamabad Capital Territory; On-site; PKR 1,500,000 - 2,000,000; Full time

Job summary

A financial services company in Islamabad is seeking a Product Manager to define and implement financial product strategies. The ideal candidate will have a Master's degree and 5-7 years of experience in the banking sector. Strong communication and analytical skills are essential. The role involves coordinating with stakeholders and training staff, with travel required throughout Pakistan.

Qualifications

• 5-7 years of experience in the banking sector/development sector as a Product Manager.
• Demonstrated success in defining and launching financial products.
• Ability to travel throughout Pakistan.

Responsibilities

• Define the product strategy and roadmap.
• Develop revenue and cost forecasts for the product.
• Train field staff for pilot tests.

Skills

Excellent written and verbal communication skills

Strong research skills

Excellent analytical skills

Teamwork skills

Knowledge of MS Office

Education

Master’s degree (MBA, Finance preferred)

Job description

Responsibilities

• Define the financial product(s) strategy and roadmap
• Undertake activities for developing/refining financial products based on primary research in the field and secondary research available
• Be aware of market competition and trends/benchmarks on a regular basis for refining/adjusting product parameters, delivery channels and marketing strategy
• Finalize product launch/annual implementation plans (inclusive of quarterly and annual targets) in the Bank in coordination with Business
• Develop revenue and cost forecasts for the product
• Set pricing to meet revenue and profitability goals in coordination with Treasury and Business
• Provide technical support to the Area Managers for the effective implementation of the product, trouble-shooting
• Train field staff for pilot test
• Identify alternate distribution channels for the delivery of the product
• Monitoring product performance on a monthly basis to analyze product up-take trends, product quality, etc. and take corrective measures to adjust product parameters accordingly; analyze audit reports for the same purpose
• Coordination with internal stakeholders for smooth launch and implementation of the product
• Coordination with external stakeholders if required for the implementation of the product
• Developing marketing plans, material and strategies and coordinating with the Business and Communication for implementation of the same

Job Specification

Qualification: Master’s degree (MBA, Finance preferred) or equivalent from a reputable local university or international university

Experience: 5-7 years of experience in the banking sector/development sector, as a Product Manager

Knowledge / Skills:

• Excellent written and verbal communication skills (English and Urdu)
• Demonstrated success defining and launching asset and liability products
• Strong research skills and ability to translate research into policies
• Excellent analytical skills
• Excellent teamwork skills
• Proven ability to influence cross-functional teams without formal authority; Strong cross functional coordination skills
• Must be able to travel throughout Pakistan
• Examples and at least one sample of an effective product document delivered in the past
• Strong follow up on implementing aggressive growth plans
• Excellent knowledge of MS Office and other office based software