2 New Various Jobs at NMB Bank Plc November 2024

Product Manager; Agri Retail Products (1 Position(s))
Job Location : Head Office, Hq
Job Purpose:
Manage Agri Products’ innovation, life cycle management, features
competitiveness analysis in the market and strategically work with sales
team/business units to identify areas of improvements and apply a
proper fix to bring more deposits by considering customers’ needs and
wants.

Main Responsibilities:

• Responsible for improving, revamping, developing and implement
  management of a compelling Agri Retail Products portfolio for the bank.
• Develop
  innovative products, revamp existing products and put a clear framework
  of management of the product life cycle with clear KPIs.
• Develop
  an optimum profitable portfolio mix of Agri Products in terms of fee
  income initiatives and management of interest expense
• Work with
  other financial inclusion players to drive financial inclusion in rural,
  peri-urban, and urban areas by utilizing existing bank channels to
  unlock financial services challenges.
• Develop and execute
  respective communication & marketing plan with cost effective budget
  for new product launch or existing revamped products for re-launch.
• Develop
  innovative products which contribute to digitizing society cash
  ecosystem and that solves customer financial challenges.
• Strategically
  contribute to speed of onboarding new customers and promote usage for
  the existing from products and processes level.
• Provide
  information that gives competitive advantage over peer competitors with
  regards to NMB Agri Retail products and Services
• Create awareness of Agri Retail products and services offered by NMB.
• Design,
  develop and establish an efficient and effective product portfolio
  Management Information reporting system and ensure proper, accurate and
  regular reporting for Agri products to Senior Manager; Agri Retail
  Products, sales team, Business Units and respective head of department
  for information and feedback.
• Manage relationships with
  business partners who support the Bank in developing new products,
  revamping the existing with intention to drive financial inclusion for
  both uptake and usage.
• Ensure all Agri Retail products and services are as per compliance standards, rules, and regulation.
• Deliver
  information to management in a concise manner to make strategic
  decisions that relates to Agri Retail Products and services.
• Conduct
  feasibility studies to ensure new products will be successful within
  the market with clear pre-research, performance monitoring and post
  analysis.
• Work with Retail Products and Channels Governance
  Manager, Compliance and Operational risk teams to effectively manage
  foreseeable risks under Agri Retail Products
• Propose system enhancements to ensure products are functioning well based on customers’ needs and wants.
• Development of robust training models on Agri Retail products for Branches, sales, and customer experience teams.

Knowledge and Skills:

• Business understanding of consumer buying behavior and pricing sensitivity
• Knowledge on Argi Business ecosystem and cycle
• Building positive working relationships
• Product development and management skills.
• Communication, Innovation, Planning & Organizing skills

Qualifications and Experience:

• Bachelor’s degree in business studies preferably economics, banking, agribusiness, marketing or related field.
• Master’s degree is an added advantage.
• A minimum of 5 years working experience in the banking industry.

Relationship Manager; Mass Affluent (Acquisition) (1 Position(s))
Job Location : Head Office, Hq
Job Purpose:
To create new and manage existing relationships effectively to
facilitate the growth of Affluent and Mass Affluent Liability and Asset
portfolio within Private Banking.

Main Responsibilities:

• Grow the Affluent and Mass Affluent customer proposition through a
  focused market segment approach by creating effective relationships that
  maximize revenues and Asset growth.
• Establish relationships with key corporations to offer them financial solutions.
• Support in the launch of products, sales strategy, and campaigns to key segments for profitable and quality business.
• Grow Affluent and Mass Affluent portfolio through Scheme & Non-Scheme Lending
• To fully exploit the existing customer relationships to create new profitable business opportunities.
• Develop and manage strategic alliances and other third party introductory new business services.
• Source potential organizations and recommend their inclusion in the approved company list
• Advise the Business on companies which exhibit high risk policies and practices
• Understand market trends and forecast needs for products and services and deliver on time.
• Work closely with other functions to generate sales leads.
• Work closely with Wholesale Banking/Business Banking Relationship Managers in building relationships with companies
• Generate referrals and Market Intelligence from Wholesale Banking/Business Banking
• Support
  Client Acquisitions and relationships to achieve Retail objectives for
  Products (Liability & Asset sales) and Digital channel enrolment.
• Support the campaign concept and analyze campaign findings against proposals.
• Work
  with Product Managers in the development and execution of initiatives
  for the acquisition, retention, and growth of target customer base for
  liabilities & Assets.

Knowledge and Skills:

• Thorough knowledge of bank products, operations, regulations, and specific markets for Private banking clients
• In-depth knowledge of products, services, and delivery channels available to various companies
• Strong analytical, problem-solving skills, decision making and financial management skills.
• Ability
  to identify need for change and to drive the desired changes; Adaptable
  and flexible in anticipating and realizing marketing opportunities.
• Excellent interpersonal and networking skills, internally and externally.
• Excellent writing and presentation skills.
• Ability to develop and implement MIS

Qualifications and Experience:

• At least 3 years’ minimum experience in handling private scheme recruitment in financial services.
• Bachelor’s degree in business related studies
• Experience in Sales or Relationship management.
• Experience in project management is desirable.
• Experience in business credit and trade services is essential.

Job opening date : 15-Nov-2024
Job closing date : 29-Nov-2024