Job description

Job Role: Product Manager & MIS

Job Location: Muscat, Oman            

Job Requirement: Omani Nationality with Islamic Banking exposure (Highly preferred)

Job Description:

Responsible for the inception, planning, development and delivery of new WSB products and releasing the WSB products to the market by meeting the overall goals of the AIB; this extends from enhancement of existing products to developing new ones. Product Manager will build products from on hand ideas, and help to develop new ideas based on market needs and managing the smooth & effective running of the WSB products &

MIS. Responsible to assist Head of the Department to manage and deliver business objectives by working as a team member and independently to manage the complete product lifecycle from planning to tactical activities to ensure overall business success.

Duties and Responsibilities:

• Assisting to build and grow a stable base of Shari'a Compliant Products.
• Assisting the Head of the department in planning, designing, testing, developing and everything to promote the designated new and existing products by ensuring that the Bank achieves its business objectives.
• Identify existing products strengths and weaknesses and suggest areas of improvement.
• Identify competitors & offerings, review their niche, approach and success in the market and assess their strengths and weaknesses.
• Interact with other departments and channels to ensure availability of all necessary materials and content for product releases, training, MIS and ongoing sales.
• Manage all product & MIS related assignments.
• Ensure streamlined end-to-end product processes for superior customer experience and MIS internal effectiveness.
• Development of product policy documents, structures and related documentation for Islamic finance products (for new products and & for existing products).
• Conducting Islamic products training upon needed by connecting in training and educating bank staff about the products.
• Reviewing and structure Corporate, Commercial & SME banking along with investment banking transactions under Islamic modes of finance.
• Liaison with internal and external departments for development of products and approvals from CBO.
• Conduct competitor analysis to gauge the bank’s overall product portfolio strength.
• Develop concept papers for new products and engage with marketing with the product collateral.
• Engage with Credit Admin, Risk and Sharia for ongoing product activities.
• Assist IT for new system development and propose strategies to enhance X- sell, retention and customer acquisition through product development efforts.
• Assisting the Head of the department in the development of policies and procedure manuals regarding new products and services.
• Assisting in all aspect of product design, product programs, implementation and delivery processes, client interface, relationship team co-ordination and recommend pricing strategies and modifications.
• Assist the process of the product advertising campaign with the Marketing Department and assist in developing marketing material for new products as and when required.

Benefits: salary plus staff benefits: school fees, Club Health Membership, medical insurance etc.

To learn more about the role and apply, kindly email your updated resume to: [email protected] ,  [email protected]