Product Manager; Fund Management – Digital Global Transaction Services Job Vacancy at NMB Bank
NMB Bank PLC
Location: Dar es Salaam, Head Office
NMB Bank Plc., a leading commercial bank in Tanzania and the second-largest economy in the East African Community, is licensed by the Bank of Tanzania. We are seeking a dynamic and experienced Product Manager for our Fund Management – Digital Global Transaction Services division.
Job Purpose:The Product Manager will be responsible for ensuring that client expectations are met by managing the Fund Management business and delivering optimal solutions. This role involves spearheading fund and wealth management initiatives, crafting tailored products, and offering specialized advisory services.
Main Responsibilities:
Business Direction:
- Participate in client engagements and sales initiatives, working with cross-functional teams to ensure seamless client service delivery.
- Lead fund and wealth management initiatives, focusing on Donor Fund Projects, Advisory, and NGO Business sectors.
- Develop tailored fund management products and services aligned with clients’ financial goals and impact objectives.
- Provide specialized advisory services on structured fund management solutions, investment strategies, portfolio management, and risk mitigation.
- Cultivate relationships with key stakeholders such as NGOs, philanthropic organizations, and government agencies.
- Conduct market research and competitor analysis to identify growth opportunities and emerging trends.
- Interpret market data to drive product development strategies and investment recommendations.
- Ensure compliance with regulatory requirements governing fund management activities.
- Monitor investment risks and implement strategies to safeguard client assets.
- Collaborate with senior management to define fund management strategies for local and international markets, aligning with digital transaction service offerings.
- Prioritize roadmap against business needs and partnership requirements.
- Facilitate communication between business requirements and technology specifications.
- Provide input to sales managers for product-specific sales campaigns.
Business Management:
- Support the Senior Manager; DGTS in implementing new products into the market.
- Prioritize different, and possibly competing, requirements to ensure coherent product delivery.
- Translate end customer requirements into functional specifications and collaborate with product managers to provide end-to-end solutions.
- Engage all relevant bank teams in product development and testing.
- Ensure sales programs and selling call plans are in place and properly executed.
- Promote digitized solutions for cross-border market visibility and uptake.
- Review and provide feedback on product satisfaction surveys and customer complaints.
Knowledge and Skills:
- Comprehensive knowledge of banking products and systems.
- Deep understanding of Donor Funded Projects, Advisory, and NGO Business sectors, including relevant regulations, funding mechanisms, and impact measurement frameworks.
- Understanding of customer segmentation theory and practice.
- Strong analytical skills to interpret complex financial data and market trends.
- Excellent communication and interpersonal skills to build relationships and influence stakeholders.
- Advanced computer skills.
- Mathematical and numerical skills for statistical calculations.
- Networking and team management skills.
- Report writing skills.
Qualifications and Experience:
- Bachelor’s Degree in Banking, Computer Science, Business, Finance, or related fields.
- MBA is an added advantage.
- Minimum of 5 years of proven experience in product management, fund management, or related roles within the financial services industry.
Equal Opportunity Employer:
NMB Bank Plc is committed to creating a diverse environment and achieving a gender-balanced workforce. Female candidates and people living with disabilities are strongly encouraged to apply.
Application Process: NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.
Only shortlisted candidates will be contacted.
Job Closing Date: 31-Jul-2024
How to Apply:
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