
Trade Portfolio Specialist
4 days ago
The Product Manager plays a pivotal role in the development and management of products. This individual is responsible for ensuring product growth, profitability, and compliance with regulatory requirements.
Key Responsibilities- Assists in achieving departmental business objectives through sales, revenue, profitability, and cost management. Participates in determining revenue targets, support requirements, and expense budgets.
- Acts as Co-Business Owner, ensuring timely product delivery and optimal product performance.
- Introduces new products and innovations using global banks as benchmarks, concepts from other industries, and new technologies.
- Formulates and recommends strategies and action plans to enhance existing products and services.
- Coordinates product development processes with project managers, ensuring timely delivery of products/enhancements. Coordinates with various bank units for this purpose.
- Prepares concept papers, business cases, business requirement documentation, and other necessary documents for approval by various committees. Prepares documentation for BSP notification/approval. Finalizes Product Manuals, standard Memoranda of Agreement (MOAs), change requests, and other documents to implement new/enhancements to products/services.
- Finalizes Service Level Agreements (SLAs) between business and operating units that will have a direct impact on assigned projects, if applicable.
- Formulates training programs, information and communication plans, distribution channel strategies, and promotional campaigns to pursue business growth.
- Monitors and analyzes product performance, campaigns, and projects versus targets, P&L, and ROI objectives; formulates and implements action plans to improve product performance.
- Reviews product costing and ensures it is updated and competitive.
- Regularly conducts research regarding products: competitive surveys, feedback from customers and other stakeholders, internet-based research, etc. Initiates and recommends relevant research that could require external resources. Keeps abreast of industry/global trends and uses these to explore opportunities to grow assigned products.
- Prepares accurate and timely reports to internal and/or external units and/or parties.
- Preferably with two years' banking experience specifically exposure on banking products.
- Working knowledge of sales methods and practices.
- Good knowledge of banking and financial products.
- Strong leadership skills.
- Good product management skills.
- Strong work ethic / highly driven and self-motivated / passion to excel.
Entry-level position offering career growth opportunities.
Employment TypeFull-time position.
Job FunctionBusiness Development, Marketing, Product Management.
IndustriesBanking.
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