Senior Product Manager – Liabilities and Business Banking
Noor Islamic Bank
•To develop, launch, monitor, and manage a range of world class Islamic Retail Liability Products and Services, for Individuals as well as Liability and Asset Products for businesses . The scope of the work is wide and the person responsible is required to have wide-ranging knowledge and skills, along with being self starter and result oriented.
•The position will take end-to-end ownership of the products and services, identify market requirements, define the product vision and strategy, create preliminary design concepts and lead the implementation of the overall product from concept to delivery. Define and maintain product strategy, product revenue, market adoption, and Portfolio Management and penetration goals.
•Conduct market analysis, feasibility studies and trend analysis to keep abreast of industry development and identify opportunities ; and submit new product proposals
•Plan, propose, develop, launch, monitor and review liability products required to meet business targets
•Continuously scan the competition/market and report on emerging trends or any new development or business opportunities for liability products
•Research and prepare feasibility for retail liability product and promotional opportunities, prepare business case, get management approval
•Review, monitor and continuously enhance existing products to ensure best in class standards
•Plan annual calendar of product promotion campaigns for liability products; ensure implementation by Sales Units & Direct Sales team; monitor results; and recommend corrective actions, if any
•Interact closely with other product managers (assets, credit card etc) and back-office functions to put together customized payroll proposition
•Work closely with Cash Management team to offer their products to Business Accounts
•Supporting branches and sales teams (as and when required) for client presentations, meeting etc whenever required
•Interact with IT department for new System requirements/ enhancements, UAT and implementation.
•Providing end to end business solution for FX currency business which will cover partner selection & managing relationships.
•Project Management & Interacting with all the other stakeholders for Setting up FX focused centers
•Monitor business & interact with FX Center staff on regular bases.
•Continuously look for new opportunities/ products/ relationships to enhance cross product offerings
•Minimum Bachelors Degree from a reputed University
•Minimum 6 years retail banking experience, of which 2 years must be in Product & Project Management for Business Banking and Liability products and services
•Must have strong analytical skills for portfolio management
•Must have strong presentation and communication skills
•Must be a strong team player
•Good PC Skills
•Should have the ability to make quick decisions, as required.
•Self motivated with high energy level, and passionate about outstanding performance.
•Excellent communication skills.
•Excellent planning and organization skills.
About the Company
About the Company
Noor Islamic Bank, a division of Noor Investment Group. Is a recently-formed full service financial institution. Launched in January 2008, Noor Islamic Bank offers a comprehensive range of banking services to its clients, including Consumer, Corporate and Investment Banking.
Noor Islamic Bank is backed by a number of prominent institutional and individual investors.
At launch, Noor Islamic Bank’s capital exceeded US$ 1 Billion and further supplemented by the balance sheets of other Noor Investment Group entities. Headquartered in Dubai, Noor Islamic Bank intends to rapidly expand into international markets following its launch.
Noor Islamic Bank has the goal of becoming the largest Islamic financial institution in the world.