Product Manager

Department Icon Accounting & Finance
Posted: 3 months ago
0-1 years
Abu Dhabi, United Arab Emirates
Accounting & Finance
work from office
Full Time

Posted: 3 months ago
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Job Description


Role : Product Manager 
Location : Abu Dhabi
Role Purpose:
To manage and develop liability products and work with distribution/sales channels and supporting units to grow the retail liabilities portfolio. The Job Holder is also expected to support the Head of Liabilities in meeting the overall Liabilities Balance and Revenue target. 

Key Accountabilities of the role

  • Support Head of Liabilities to develop and execute effective business development strategies and marketing plans to achieve bank's business objectives

  • Design, plan and implement end-to-end products and campaigns to acquire new to account customers, increase liabilities balances and control customer / balance attrition.

  • Monitoring day to day all liability products and produce reports and forecasts about the portfolio behavior & revenue and recommend best course of action thereof.
  • Determine & implement effective pricing strategy to ensure competitiveness & affordability

  • Proactively analyze competitors business and marketing activities to understand market trend.
  • Coordinate with distribution/sales channels and supporting units to grow deposit portfolio 

  • Assist Head of Liabilities to conduct regular sales performance review


  • Engage with Branches & other sales channel to ensure awareness and alignment with Liabilities product policies, procedures, and promotions.

  • Provide support to the Head of Liabilities on strategic projects and other important initiatives which may involve international branch product development.

  • Liaise with other related units, teams, departments to carry out all relevant activities


  • Specialist Skills / Technical Knowledge Required for this role:

    Extensive analytical skills and knowledge of liabilities related revenue and fee income

    High MIS skills with proficiency in Excel and other basic computer software

    Strong knowledge of UAE market
    Fair knowledge of financials and budgeting 
    Strong background in product development
    Fair knowledge in Islamic Banking




    Skills

    Sales

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    About Company

    Abu Dhabi Islamic Bank, A Public Joint Stock Company, is a leading Islamic bank headquartered and listed in Abu Dhabi- UAE with a purpose of being a lifelong partner for customers, colleagues and community. Over the last two decades, ADIB has demonstrated a consistent track record of growth with assets now totaling USD 34 billion. The bank currently serves more than 1 million customers through a balanced proposition that combines a highly-personalized customer experience with world-class digital banking services. ADIB is a full-fledged financial service provider that offers banking solutions for individuals, corporates and affluent customers. In addition, the wider ADIB Group provides brokerage, real estate and property management, payments and insurance services. ADIB has one of the largest distribution networks in the UAE with more than 60 branches. Internationally, the bank has a presence in six strategic markets - Egypt, , the Kingdom of Saudi Arabia, the United Kingdom, Qatar, Sudan and Iraq.

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