Product Manager; Fund Management – Digital Global Transaction Services Vacancy at NMB Bank

Product Manager; Fund Management – Digital Global Transaction Services Vacancy at NMB Bank

NMB Bank PLC

Dar es Salaam

NMB Bank Plc., is a commercial bank in Tanzania, the second-largest economy in the East African Community. It is licensed by the Bank of Tanzania

Product Manager; Fund Management – Digital Global Transaction Services (1 Position(s))

Job Location : Head Office

Job Purpose:

Responsible to ensure that the client’s expectations are met by managing Fund Management business and ensuring optimal delivery of related solutions.

Main Responsibilities:

Business Direction
Participate in client engagements, sales initiatives while working with cross functional teams to ensure seamless transition for ongoing client service delivery.
Spearhead fund and wealth management initiatives within the bank, focusing on Donor Fund Projects, Advisory, and NGO Business sectors.
Craft tailored fund management products and services in line with clients financial goals and impact objectives.
Offer specialized advisory services to clients on structured fund management solutions, investment strategies, portfolio management, and risk mitigation, tailored to their sector-specific needs.
Cultivate and nurture relationships with key stakeholders such as NGOs, philanthropic organizations, and government agencies.
Conduct thorough 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

Provide support to Senior Manager; DGTS in implementing new products into the market.
Prioritize different, and possibly competing, requirements to a 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 always in place, ensure proper execution schedules are monitored and adhered to by all subordinates.
Engage in consistent promotion of digitized solutions for cross border market visibility and uptake.
Review and provide feedback on product satisfaction surveys and customer complaints.

Knowledge and Skills:

A comprehensive knowledge of Banking products and systems that support them.
Deep understanding of Donor Funded Projects, Advisory, and NGO Business sectors, including knowledge of relevant regulations, funding mechanisms, and impact measurement frameworks.
An understanding of customer segmentation theory and practice.
Strong analytical skills with the ability to interpret complex financial data and market trends.
Excellent communication and interpersonal skills with the ability to build relationships and influence stakeholders at all levels.
Advanced computer skills – is a requirement.
Mathematical skills and basic numerical skills for calculation of statistics, figures, and targets
Networking skills.
Team management skills
Report writing skills.

Qualifications and Experience:

Bachelor’s Degree in Banking, Computer Science, Business, Finance, or related fields.
MBA will be an added advantage.
Minimum of 5 years of proven experience in product management, fund management, or related roles within the financial services industry.

ALSO READ | Job Opportunities at NMB Bank | July 2024

NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving gender balanced workforce.
Female candidates and people living with disabilities are strongly encouraged to apply for this position.

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:

CLICK HERE TO APPLY