Personal Finance Products Manager
SAB · Riyadh, Saudi Arabia
Apply & track with Apply EdgeJob Title: Personal Finance Products ManagerGroup: Wealth & Personal Banking
Department: Personal Finance Products - Customer Value Management
Location: Riyadh, Saudi ArabiaCore Resposnibilities:Conducts the requisite analysis to assess the performance, revenue and profitability of lending products services against established plans.Designs lending products based on understanding of consumer needs, competitive landscape, internal and external environment etc. in order to increase the customer base for SAB.Develops the new products value proposition, specifications and features to translate the conceptualized design in to product offerings.Liaises with key stakeholders from Customer Relationship Management through periodic meetings to collate data related to consumer requirements, market trends, economic trends, competitor analysis etc. for ensuring a holistic understanding of the internal and external environment while development of new lending products.Manages the coordination of new lending products development efforts facilitating the development cross-functional teams (Information Technology, Branches, Marketing, Legal and Risk etc.) for implementation plans, marketing and communication, legal andamp; compliance issues etc.Manages the development of value proposition training manuals, sales training and sales support on the new products offering to ensure effective communication of the product value proposition at all times.Provides any product specific inputs for development of effective marketing programs and campaigns to drive product demand, increase customer acquisition, retention from conceptualization and execution to analytical support.Works in close coordination with key stakeholders from Marketing for all aspects pertaining to development of marketing and promotional campaigns for launch and promotion of new product offerings.Works in close coordination with key stakeholders from the Retail Banking andamp; Wealth Management through periodic meetings to understand the specific business requirements related to lending products.Works in close coordination with Senior Manager Lending Products for development of commercial service description for new lending products and ensures adherence to profitability and cost-efficiency guidelines.Identifies and evaluates potential partners for requisite support on all matters related to launch and promotion of the new products as required.Manages the preparation of requisite reports (weekly/monthly/quarterly/ad-hoc) and MIS through periodic reviews to ensure accuracy and timeliness in reporting the right information for facilitating informed decision making.Role Requirements:Around 5 years of experience in Personal Finance Product management.Strong technical background in perosnal banking products.Bachelors degree in any related major.