Dfcu Bank |
Products Officer Assets Job Post
Location: Jobs in Uganda 2023 - 2024
Work Hours: Full-time, 08 hours per day
Salary:
UGX
No. of vacancies: 01
Deadline: May 31 2024
Hiring Organization: Dfcu Bank
Job Details:
JOB PURPOSE: Reporting to the Head Retail Products, the Products Officer Assets will be responsible for product lifecycle management, innovation and customer experience across lending products and customer value propositions and value management. The role holder will be charged with identifying unmet customer needs and commercialization opportunities, executing approved and prioritized roadmaps by collaborating with interdisciplinary teams to create, design and deliver high-impact innovative lending products from idea to market.
The role is accountable for collaborating with client-facing teams and marketing to drive usage of lending products, increasing monthly active users, average revenue per customer through data-driven analytics, and growing both the balance sheet and net income.
LOCATION: Kampala
KEY ACCOUNTABILITIES:
• Define compelling retail lending value propositions (including digital lending solutions) by understanding the target customer’s needs, pains and desired gains.
• Build and develop fintech relationships and develop strategic partnerships with those who share our goal of continuous innovation and breakthrough thinking.
• Own and execute the product development lifecycle for traditional and digital lending products from scouting opportunities, and product definition to roll-out.
• Define compelling retail lending value propositions (including digital lending solutions) by understanding the target customer’s needs, pains and desired gains.
• Build and develop fintech relationships and develop strategic partnerships with those who share our goal of continuous innovation and breakthrough thinking.
• Own and execute the product development lifecycle for traditional and digital lending products from scouting opportunities, and product definition to roll-out.
• Lead commercialization initiatives for digital lending solutions working with cross-functional teams to achieve an increase in product uptake, and drive growth to meet utilization targets and ROI.
• Track product performance, and leverage on data and customer insights to identify product growth opportunities.
• Work on both architectural and functional issues with cross-functional teams to achieve integration and clean business flows for projects of varying nature.
• Drive product pricing, profitability, and revenue management for assigned product lines to achieve financial objectives.
• Analyze and prepare business performance/ market trend/ competitive landscape reports for lending products.
• Prepare and present progress dashboards and product performance reports as per agreed timelines.
• Develop and roll out marketing plans and sales initiatives to drive lending product penetration targets informed by market research, competitive analysis, pricing, customer engagement, and business planning.
• Identify opportunities and execute automation and digitization initiatives on retail lending products, processes and services to optimize overall net product income by increasing revenues, lowering costs and improving efficiency.
• Develop effective and efficient processes that ensure seamless and consistent delivery of lending.
• Continuously monitor, identify, and mitigate traditional and digital lending products-related risks, in conjunction with enabling units including as business technology, digital transformation, credit, operations, risk, compliance, international controls and audit.
KNOWLEDGE, SKILLS, AND EXPERIENCE REQUIRED:
• Bachelor’s degree in a relevant field
• Good knowledge of key product management marketing principles
• Product and financial training
• 6-8 years’ experience in banking and/or digital financial services with at least 3 years experience in digital lending product management
• Knowledge of product management principles and processes and a good understanding of emerging technology and big data platforms
• Understanding of key business drivers and ability to drive business output.
• Strong analytical skills
• Advanced forecasting, pricing, and business modelling.
• Good computer knowledge especially spreadsheets and databases, word and PowerPoint
• Good interpersonal skills to work with other teams for implementation of activities.
• Business and Industrial awareness
• Team player and ability to work with minimum supervision.
• Solutions-oriented mindset.
Application procedure
If you believe you meet the requirements as noted above, please forward your application with a detailed CV including your present position and copies of relevant professional/academic certificates (University Transcript, O & A level), by close of business on Friday 31st May 2024 to the email address indicated below;
Vacanciesbank@dfcugroup.com
dfcu Bank is committed to giving equal opportunities in employment and aims to ensure that it does not discriminate against gender or race. Only short-listed candidates will be contacted through +256 312 300391.
Disclaimer: dfcu Bank does not solicit/accept payment in cash/kind from prospective candidates in exchange for shortlisting or job placement. Any candidate who engages in this kind of transaction is aiding and abetting fraud and will be automatically disqualified.
Date Posted: 2023-05-25
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