Product Owner - Banking for UAE

Nair Systems is currently looking for a Product Owner for our UAE operations with the following terms & conditions.

Job Purpose:

The Product Officer role is to primarily support the Product Manager for Liabilities & Bancassurance products in achieving the business objectives for each product.

Experience:

Minimum 4 years experience in similar positions.

Education:

Bachelor Degree in Business Administration or any relevant field.

Other Skills Required for the Job:

1. Analytical: Excellent analytical skills and attention to detail.
2. Product Management: Assists in the development of product plans and policies; coordinates projects; communicates changes and progress; completes projects on time and budget; supports project team activities.
3. Communication Skills: Strong verbal and written communication skills. Proficiency in English.
4. Teamwork: Balances team and individual responsibilities; exhibits objectivity and openness to others' views; gives and welcomes feedback; contributes to building a positive team spirit; puts success of team above own interests; supports everyone's effort to succeed.
5. Planning/Organizing and Control: Prioritizes and plans work activities; uses time efficiently.
6. Leadership & Decision-Making Skills.
7. Relationship Management Skills: Managing partners (where applicable) to obtain best available services and pricing for the Bank.

Duties and Responsibilities:

1. Reviews current propositions against market competitors, identifying gaps and proposing recommendations for improvement.
2. Identifying and reporting on business opportunities in target markets.
3. Support the implementation of the retail strategy for Liability and Insurance products and annual plan to achieve targeted sales and revenue figures.
4. Drive development and acquisition strategies of direct sales and branch and alternate channels for acquiring and cross-selling with the overall growth in revenue and profit.
5. Interface with sales channels (DS, branches, Tele-Sales) to develop/improve channels of sourcing and servicing customers.
6. Support the increase size of Deposit base through delivery of enhanced propositions which increase sales and reduce attrition.
7. Support the Product Manager in interfacing with Sales, Ops, CCRD, IT, Marketing & other departments for rollout of product enhancements, policy changes, training of sales teams, documentation and planned campaigns.
8. Timely and effective management of required marketing communications and promotions by liaising with the Marketing team includes:
1. Product Terms & Conditions
2. In Branch Marketing collaterals
3. Website banners and Online product content
4. Promotional SMS/Email
9. Carry out monthly market intelligence on an ongoing basis throughout the year.
10. Work with Business Performance team for provision of timely, meaningful MIS from which recommendations for product improvement and enhancement can be made.
11. Support Product Manager in preparation of the annual business plans for Liability and Insurance products.
12. Perform any other duties or responsibilities that are consistent with the role as assigned by management.

Should you be interested in this opportunity, please send your latest resume in MS Word format at the earliest at [Confidential Information].