Assistant Product Manager

or Register to apply for this job
Company Details
Industry: Banking
Description: Family Bank (formely Family Finance Building Society) was registered as a Building Society in October 1984 in Kenya, under the Building Societies Act and commenced operations in the early 1985. Family Bank converted into a fully fledged bank in May 2007 and the main driver for our conversion was the need to offer a wider range of products and services to our customers.
Job Description

Job Purpose:

° Develop and deliver the strategy and roadmap for the assigned products or portfolio of products/CVPs

Key Responsibilities:

Product Portfolio Management - 50%

° Product performance monitoring and continuous evaluation of assigned products/CVPs for relevance and viability – sales, revenue, operations and other relevant measures

° Carrying out market research for new products and/or improvement of existing ones including upgrades and customization

° Regular competitor analysis for the assigned product or portfolio of products

° Drive revenue/profitability optimization initiatives for the assigned product or portfolio of products in partnership with the business team

° Working with the business teams to deepen product quality, develop new products and improve existing offerings - (Product Lifecycle Management)

 Service Delivery – 15%

° Develop customer lifecycle management framework for the product or assigned portfolio of products

° Develop customer satisfaction scorecards for the product or portfolio of products defining the acceptable service standards

° Annual customer satisfaction surveys for the assigned product or portfolio of products

° Management and fostering of cross functional internal relationships and relevant external partnerships

Governance – 10%

° Ensure the implementation and regular review of product/CVP guides for the assigned product or portfolio of products

° Maintain a documentary inventory of the assigned product or portfolio of products – policies, process maps, business cases, regulatory approvals and any other relevant governance documentation

° Carry out periodic risk and compliance reviews to ensure compliance with internal policies and regulatory guidelines

Training and Product Advocacy – 25%

° Develop annual marketing/communication plan for the assigned product or portfolio of products/CVPs including regular sales and marketing campaigns

° Actively participate in product launches in tandem with the marketing/communications team and provide post-launch support to the business including product reviews

° Develop and update relevant collaterals for the product or portfolio of products assigned – including but not limited to fliers, posters, application forms and emailers

° Develop a quarterly training plan in concert with the business for the assigned product or portfolio of products

Qualifications & Experience:

° Bachelor’s degree in commerce, business administration, marketing, or related field

° Five years (5) relevant work experience in product management /retail banking/commercial banking/payments/banking operations or relevant field

° Demonstrated ability to develop business cases and experience in product launches

° Experience within financial services industry with a broad understanding of the products of a typicalcommercial bank and key drivers of value

Key Competencies:

° Excellent interpersonal and people engagement skills

° Business analysis skills

° Communication and influencing skills

° Adaptability and ability to work in fluid environment

 

Education: Degree, Diploma
Employment Type: Full Time
Contact Information
Beware of Fraudsters!
Never pay anyone for job applications, interview tests, or job interviews. A genuine employer will never ask you for payment under any circumstances.
Disclaimer & TOS: We do not guarantee the authenticity of every single job posting and are not responsible for any fraudulent activity or misrepresentation by third parties. We are not involved in any stage of the interview or recruitment process and do not charge any fees from job seekers. For further details, please read the rest of the Terms of Service.

Recent Jobs