Product Manager - Asset at DIB Bank Kenya Limited (DIBBKE)

Job description

To assist in developing product strategies and subsequently managing & executing the operations of consumer asset products management function to ensure the attainment of Retail Banking strategic goals

Propose, ensure execution, and monitor results of product strategy to ensure comprehensive achievement of strategic goals

Plan, coordinate delivery, and monitor achievement of the product profitability targets

Develop and organize seamless execution of new product propositions, processes, and systems

Coordinate approval and maintain record thereof of customer transaction documents by Sharia Supervisory Board and Legal Department to ensure compliance with Sharia and legal guidelines.

Identify and implement revenue generation and cost reduction opportunities to enhance product profitability

Analyze and lead effective execution of process, system, TAT, and documentation improvement opportunities to strengthen the product proposition.

Coordinate with sales, operations, IT, Shariah, legal, and audit to achieve Product sales, profitability, and positioning objectives

Develop effective and value driven incentive plans for sales staff to optimize the channel productivity.

Ensure timely and effective roll out of marketing communications and promotions to both counter and leverage implications of acquisition seasonality and competitor initiatives

Coordinate the resolution of process breakdown and policy interpretation related customer issues across all functions to ensure delivery of a seamless product proposition to customers

Develop new and strengthen existing business relationships with vendors to ensure delivery of consistently high levels of service to customers

Monitor competitor activity and implement effective actions to counter them to ensure achievement of Asset Products strategic goals

Anticipate and recognize business opportunities or problems, develop respective action plan, coordinate its effective implementation to ensure achievement of Wealth Products strategic goals

Required Background:

• Minimum Bachelor’s degree in Marketing.
• 6 -8 years’ experience in product development area of asset product in a Bank or in well-established financial institution.