Head of Product Development - London, United Kingdom - Northridge Recruitment

Description

My client are a leading Bank based in Oman undergoing a significant change programme to transform the bank's offering from a digital perspective. This will take in both the front end customer experience and back office capability to drive a more effective all-round offering.

To help ensure the critical strategic objectives are met across the organisation, my client are looking to hire a Head of Product Development. Please note, this role requires full relocation to Oman.

Role statement

• To Lead Islamic Banking product development and upselling of assets and liabilities products.
• Working closely with sales, marketing and support to achieve monthly revenue and customer satisfaction goals within Islamic Retail Banking.
• Maximize profitability through a comprehensive product management process.
• Manage the lifecycle of products: design, development, maintenance, enhancement and exit.
• Lead research, analysis, design, development and implementation of new products for one or more divisions, product lines, and market segments.
• Analyse, modifies and enhances existing products to maximize profitability and meet customer needs.

Key responsibilities

• To drive assets and liabilities product development and enhancing value proposition, net customer growth, and market share growth, explore and discover new ideas and formulate business strategies.
• Develop and monitor assets and liabilities product metrics for portfolio management and optimization.
• Development of different MIS Report to support business.
• Responsible for identifying, evaluating and developing enhancements and new product opportunities.
• Recommend changes to policies, procedures, systems and products as needed to maintain an efficient operation and a competitive position in the marketplace.
• Coordinate and collaborate with internal and external parties to ensure the business objectives can be achieved and all marketing programs/ new initiatives run smoothly and effectively;
• Closely monitor and report the business progress and alert for proper action in a timely manner through ongoing keep track of KPI and budget plan;
• Monitor marketing performance and suggest ways to improve efficiency and differentiate from competitors; Research & analyse competition offering.

Education & Experience requirements

• University graduate, preferably in marketing or related disciplines
• Solid marketing experience in banking industry preferably in liability products;
• Attention to details, able to work independently, handle and prioritize multiple tasks;
• Proactive and adapt to dynamic environment;
• Good analytical, organizational and problem solving skills with customer centricity mindset;
• Good project management and selling skills;
• Good communication & interpersonal skills; Good command of written and spoken Proficiency in MS office application.

If you are interested in the role, please respond to the advert.