To assist the Chief Mgr- Product development in developing and monitoring the Privilege Banking, mainly Al Khaas products & services with close coordination with various external vendors/business units /branches .Based on the market research , ensure competitive & innovative products in line with Bank’s internal policies and regulatory framework of the CBO / CMA.
Negotiating with external vendors for providing services at competitive rates to privilege banking customers
Responsible for enhancing liability values in the portfolio through new acquisition, enhancement and by necessary activities to prevent attrition, activation of inactive/ dormant customers under each category in line with the respective benchmarks.
Support Privilege RM’s & Retail Branch Network with sales/promotional/products/training/educational related activities.
Seek for new product opportunities and reports them to the Chief Mgr – Product Development .
Ensure that all relevant procedures, regulations and laws are compiled.
Assists Product development team in insurance product management, P&L management, product feasibility and profitability studies, new product feature development.
Skills and Qualifications:
Minimum 10-12 years of banking experience, preferably 5-6 years in Privilege Banking Product Development & Business Management.
The candidate should be a product specialist with exposure in privilege banking product department in local banks/GCC
Experience in Product Management/ Sales
Excellent Communication & presentation skills
Good Analytical & strong Planning skills
Good Sales skills with strong understanding and command of Market research
Good PC skills (MS Office, PPT, others) with a sound business acumen and judgment
Keen financial understanding
High level of technical awareness on banking products and services
Capability to create and execute customer/ channel campaigns
Product Manager - Privilege Banking
Posted On: 5 days, 8 hours ago
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