Manager Product Development – Islamic Banking
5 days ago
Responsibilities:
- To develop new Islamic banking retail and corporate products and services based on the customer and market requirements with an objective of maximizing bank's revenues.
- To take the initiative in developing & launching new products (starting with product proposals) and implementing product improvements by coordinating with relevant stakeholders such as Customers, IT, Operations, Finance, Sales teams, legal, Compliance etc.
- To conduct market research and analysis to understand current trends and customer preferences.
- To monitor and manage the products throughout their life cycle.
- To provide product training to the branch, call centre and sales staff.
- To be the focal point-of-contact for the branches for all product and service related issues pertaining to the assigned products/services.
- Suggest and introduce value additions in terms of product features, pricing, packaging or bundling with best-fit products/services/channels for enhancing the business.
- To coordinate and implement advertising and promotional campaigns for the assigned products in close coordination with the Marketing team and other service providers such as advertising/promotional agencies.
- To prepare Legal Documentation Product Guidelines, Process flows, Manuals, Accounting Entries and Training Material and take approval from Senior Management & Regulatory authorities prior to execution and launch.
- Overall, ensure that business targets for the assigned products are met.
Minimum Requirements:
- A candidate should be a University degree holder with work experience in product development in both retail and corporate areas for at least 7 to 10 years.
- Oman National preferred.
- Should be a team player and solution oriented.
- Should possess excellent communication skills in both written and oral.
- Should be able to effectively prioritize and execute tasks in a high-pressure environment.
- Should be self-motivated, initiative, innovative and dynamic.
About The Company:
Established on January 1 1990, Bank Dhofar is an Omani commercial bank wholly owned and managed by Omanis. With successive years of constantly setting new standards in banking, BD has attained an impressively expanding network of 50 operational branches and 89 ATMs.
Through an international network linked by advanced technology, BD provides a comprehensive range of financial services that encompass personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.
Its Board of Directors & Management Team consists of eminent professionals like accountants, management experts, economists, businesspersons, etc. The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence.
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