Product Manager

Job Summary: We are seeking an experienced Product Manager with a strong background in banking services to drive the development and delivery of innovative financial products. You will play a pivotal role in shaping our banking solutions, ensuring they meet customer needs, regulatory requirements, and industry standards. This role requires a blend of strategic thinking, customer focus, and technical expertise. Key Responsibilities: 1. Product Strategy & Vision: • Develop and maintain a strategic road map for banking products, ensuring alignment with business goals and market demands. • Stay updated on trends in digital banking, fintech innovations, and regulatory changes to identify opportunities for new products or enhancements. 2. Customer & Market Insights: • Conduct market research and competitor analysis to understand customer behaviour, industry benchmarks, and emerging trends. • Engage with customers and internal stakeholders to gather feedback and validate product concepts. 3. Product Development: • Define and document product requirements, user stories, and functional specifications for banking solutions. • Collaborate with engineering, design, and compliance teams to ensure timely delivery of secure, scalable, and user-friendly products. 4. Regulatory Compliance: • Ensure all banking products comply with financial regulations, data security standards, and industry guidelines. • Work closely with legal and compliance teams to address regulatory requirements in product design and delivery. 5. Performance Management: • Define key performance indicators (KPIs) for banking products and monitor their performance post-launch. • Leverage analytics to measure customer adoption, usage patterns, and satisfaction levels, driving continuous improvement. 6. Stakeholder Collaboration: • Act as a liaison between business, technology, marketing, and sales teams to ensure alignment across all product lifecycle stages. • Provide regular updates to senior leadership on product progress, risks, and opportunities. 7. Innovation & Improvement: • Identify gaps in the current product portfolio and recommend innovative solutions to meet customer needs. • Drive the adoption of new technologies such as open banking APIs, AI-driven personalization, or blockchain-based solutions. Qualifications: • Education: Bachelor’s degree in Finance, Business, Computer Science, or related fields. MBA or equivalent is a plus. • Experience: – [10+ years] of product management experience in banking, fintech, or financial services. – Proven track record of launching digital banking products (e.g., mobile banking, payment systems, lending platforms). • Skills: – Strong knowledge of banking operations, payment systems, and financial products. – Excellent project management, analytical, and problem-solving skills. – Proficiency in tools like Jira, Confluence, or other product management software. – Strong understanding of KYC, AML, GDPR, and PSD2 compliance requirements. • Knowledge: – Familiarity with banking APIs, digital wallets, and financial technologies.