Product Development Manager Job Opportunities - PostBank


Organisation: PostBank
Duty Station: Kampala, Uganda
Reports to: Senior Manager Sales & Product Development

About US:
PostBank Uganda Ltd is a financial institution owned by the government of Uganda and regulated by Bank of Uganda. The bank has its operations in over 30 branches spread across the country and 290 ATMs after joining Interswitch.

Job Summary: The Product Development Manager will develop new products and services that appeal to bank customers in line with the bank’s product development strategy, vision and mission. The PDO will also be responsible for carrying out research on new products, analysis on existing products, feasibility study for new sales points and implementation of the product marketing plan in line with the bank’s business goals

Key Duties and Responsibilities: 
  • Developing new and innovative products both deposit (liability) and asset (loan) side that appeal to the bank’s core market niches.
  • Developing new and innovative collaborative schemes with Organizations and / or companies through which the Bank’s existing or new products and services can be cost effectively and efficiently delivered to targeted market / customer segments.
  • Refining the Bank’s existing products and services in order to ensure that they meet the Bank’s desired performance and customer preferences and needs.
  • Conducting market surveys on close competitors product offering and compile quarterly reports to the Senior Sales Manager and business stream heads, this is aimed at bettering the understanding of competition’s strategies and benchmarking.
  • Coordinate the launching of new products pilot tests ensuring market awareness, thereby ensuring eventual rollout and sales.
  • Coordinate training / presentations across branch network on new products / key product changes, in order to improve awareness and knowledge of the Bank’s products to all staff.
  • Manage the Banks product/ service pricing strategy by ensuring that Banks pricing is competitive on the market.
  • Execution of product research plans that will result in the best positioning, messaging, pricing and sales efforts of existing products.
  • Coordinate with the Management accountant to come up with a product performance report for management decision making.
  • Using the monthly sales report and information from the customer database, continually conduct product appraisals on existing and new products with the aim of reviewing performance each product.


Qualifications, Skills and Experience:
  • ­The applicant must hold a good Bachelors degree in business related subjects
  • ­­At least two years of experience in relationship banking or related experience.
  • Requisite technical skills gained through practical experience.
  • ­ Strong general banking experience and expertise.
  • ­ Good communication and relationship management skills.

How to Apply:
All candidates should send the following to the address below;
  • Detailed and updated CV
  • Certified copies of certificates and testimonials
  • Applicant’s address and daytime telephone contact
  • Postal/ email address and daytime telephone contact of three referees of good standing in society.

The Head Human Resources, PostBank Uganda Limited, Plot 4/6 Nkrumah Read, P.O. Box 7189 Kampala (U)

Deadline: 17th April 2018 by 5:00pm

For more of the latest jobs, please visit http://www.theugandanjobline.com or find us on our facebook page https://www.facebook.com/UgandanJobline 


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