Job Purpose:
Assist Group Product coordination team to Coordinate with Group retail & private banking strategy to enhancements business plan.
Key Responsibilities:
Product Development
- Extract data from financial and non-financial databases, statements and records and compile analysis in a periodical manner (as assigned), for accurate functional reporting.
- Support the product development and enhancement processes of all types of products across the Group (if needed).
- Support the design and implementation of new or enhance existing products based on Segment Managers value proposition and Group members’ strategy (if needed).
- Assist in the monitoring of worldwide account product trends and communicate product ideas to segment management, product managers and Group members In order to keep the whole Group abreast of latest market trends.
- Continuously monitor products profitability, market conditions, sales performance, and P&L position across the Group members.
- Support the implementation of corrective actions suggested by Sales Management in order to ensure continuous sales improvements (if needed).
- Assist in developing training modules (e.g., training material, manuals and guides) in coordination with Group members (if needed).
- Recommend improved processes, mainly pertaining to data collection and reporting in order to enhance KFH business analysis capabilities.
- Monitor consolidated worldwide products trends to guide KFH group products.
- Develop annual products manuals including all products specifications on group level and maintain an annual update.
- Support in products structuring, sharia compliant financial solutions to all group members if needed.
- Review existing products performance across the Group and report on a routine basis.
- Coordinate with the Group members regarding their requirements from the headoffice.
- Prepare feasibility and profitability analysis for the group products on the initial stage.
- Continuously report the performance of Group members to the team.
Sources of Information
- Identify primary and secondary sources of information relevant to new business and product developments in order to ensure prompt provision of necessary information when required by the manager.
Research
- Conduct research on new opportunities and key development drivers in order to provide findings aiding in the provision of suggestions and advice to management.
Business Analysis
- Conduct business analysis as directed by the manager to provide analysis and reports on competitive advantage and new opportunities for development on Group products level.
Policies, Systems, Processes & Procedures
- ensure all relevant functional policies, processes, procedures and instructions are on place so that work is carried out in a controlled manner (on group level, in coordination with the Group member product development teams and product managers).
Related Assignments
- Perform other related duties or assignments as directed.
Job Details
| Date Posted: | 2016-05-26 |
| Job Location: | Kuwait |
| Job Role: | Marketing/PR |
| Company Industry: | Banking |
Preferred Candidate
| Career Level: | Mid Career |
| Degree: | Bachelor's degree |
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