Assistant Manager - Product, Liabilities | Dubai, UAE

Assistant Manager - Product, Liabilities

Dubai Islamic Bank, Dubai, United Arab Emirates Job Description To manage the product and service related requirements for the entire Business Banking Liabilities Product within the Business Banking Product unit. The incumbent will assist in overseeing the profitability of the relevant Liabilities and Fee Income stream and rollout initiatives with respect to Business Banking Products and Services. Key Responsibilities:

• Assist Business Banking Liabilities Product team and Head of BLU in implementing the overall product & segmental strategy and annual plan to achieve targeted sales & P&L revenue figures in the assigned products.
• Devise digital solutions for Liabilities products, services, and payments to cater to the business banking segment.
• Conduct frequent/monthly competitive scans to ensure our products and rates are competitive.
• Devise, implement, and track new promotions.
• Work with stakeholders to ensure procedures and policies are competitive and have the right controls.
• Regularly review with Treasury, Operations, IT, Digital, and other stakeholders to ensure the best products & policies.
• Interact with all touch points to ensure the best processes & resolve operational issues.
• Engage in day-to-day interactions with Sales channels for their queries.
• Collaborate closely with other product managers (Assets, Credit Card, Corporate, etc.) to put together cross-sell propositions for the business banking segment.
• Interact with the IT department for UAT and implementation of new enhancements and product launches.
• Liaise with SQ to coordinate SQ initiatives and corrective actions/enhancements for liabilities propositions.
• Work with Marketing to implement specific initiatives/campaigns.

All the above accountabilities include but are not limited to any additional/new tasks or responsibilities assigned by the line manager. Minimum Requirements:

• Graduate/Post Graduate.
• 5-10 years of diverse experience in Product Development and Management in Banking.
• Excellent financial analytical skills, reporting, ability to understand and grasp new concepts, and problem-solving skills.

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