Product Manager
AU SMALL FINANCE BANK
Designation: Product Manager
Office Location:
Position description: #*Position description*#
Primary Responsibilities: #*Primary Responsibilities*#
Additional Responsibilities: #*Additional Responsibilities*#
Reporting Team
- Reporting Designation: #*Reporting Designation*#
- Reporting Department: #*Reporting Department*#
#*Education and Experience*#
- Category: #*Category*#
- Field specialization: #*Field specialization*#
- Degree: #*Degree*#
- Academic score: #*Academic score*#
- Institution tier: #*Institution tier*#
Required Training/s: #*Required Training/s*#
Required Work Experience
- Industry: #*Industry*#
- Role: #*Role*#
- Years of experience: #*Years of experience*#
Responsibilities:-
- Develop and implement comprehensive product strategies that align with the bank’s sales objectives and market demands.
- Conduct market research and competitive analysis to identify emerging trends and customer needs within the financial services sector.
- Collaborate with sales, marketing, compliance, and technology teams to design and launch innovative financial products.
- Manage the entire product lifecycle from ideation through development, launch, and post-launch performance evaluation.
- Define product positioning, pricing strategies, and go-to-market plans to maximize product adoption and profitability.
- Monitor product performance metrics and customer feedback to drive continuous improvement and ensure regulatory compliance.
- Lead cross-functional teams to ensure timely delivery of product enhancements and resolve any operational issues.
- Develop business cases and financial models to support product investment decisions and resource allocation.
- Engage with key stakeholders, including senior management and external partners, to align product initiatives with organizational goals.
- Provide training and support to sales teams to enhance product knowledge and improve customer engagement.
- Product Lifecycle Management
- Market Research and Competitive Analysis
- Financial Product Development
- Regulatory Compliance Knowledge
- Cross-functional Team Leadership
- Data Analytics and Interpretation
- Strategic Planning and Execution
- Customer Segmentation and Targeting
- Pricing Strategy Development
- Stakeholder Engagement
- Business Case Development
- CRM and Sales Enablement Tools
- Risk Management
- Financial Modeling
- Bachelor’s degree in Business Administration, Finance, Marketing, or a related field; MBA or equivalent advanced degree preferred.
- Minimum of 5-7 years of experience in product management within the financial services industry, preferably in banking or lending products.
- Proven track record of successfully managing product portfolios and driving revenue growth in a regulated environment.
- Strong understanding of financial regulations, compliance requirements, and risk management practices.
- Experience with data analytics tools and CRM systems to analyze customer behavior and product performance.
- Excellent leadership, communication, and stakeholder management skills.
- Ability to work in a fast-paced, dynamic environment and manage multiple priorities effectively.
Required Competencies: #*Required Competencies*#
Required Knowledge: #*Required Knowledge*#
Required Skills: #*Required Skills*#
Required Abilities
- Physical: #*Physical*#
- Other: #*Other*#
Specific Requirements
- Travel: #*Travel*#
- Vehicle: #*Vehicle*#
- Work Permit: #*Work Permit*#
- Pay Rate: #*Pay Rate*#
- Contract Types: #*Contract Types*#
- Time Constraints: #*Time Constraints*#
- Compliance Related: #*Compliance Related*#
- Union Affiliation: #*Union Affiliation*#