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Home/Jobs/Product Manager, Mortgages.Injaz - RBG - Mortgage.Retail Banking Group
Mashreq Bank logo
Mashreq Bank

Product Manager, Mortgages.Injaz - RBG - Mortgage.Retail Banking Group

🇦🇪 UAE, UAE🏢 On-site
Mortgage ProductsProduct ManagementProduct DevelopmentSales StrategyRetail BankingBusiness DevelopmentCredit RiskDigital Banking
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• Responsible for Optimizing the Product and achieving set Business goals on Product Portfolio and Profitability.

• Manage create and oversee the product development strategy and promote key mortgage offerings/propositions.

• Recognize recommend and implement new strategies for balance ENR growth.

• Identify & Recommend new product developments are aligned with the customer needs, organizational resource and current strategies.

• Manage the roll out and deployment of new product releases

• Closely monitor pricing by competition to ensure that Mashreq offerings are competitively priced.

• Design & run sales camping/booster and promotions to ensure the set business objective as achieved

• Develop requirements specifications for new feature and products

• Work closely with the policy and legal team to develop &/ or update product programs

• Develop training materials & train the front and sales team.

• Manage 3rd party vendors and service providers for mortgages as required.

• Provide subject matter expertise to support the sales team/ channels

• Establish product-lending parameters, validate existing parameters, ensure these parameters fall within the purview of the mortgage regulation by central bank.

• Flag, track and measure the effect of policy changes, and analyze and react to changes in the behavior of the various segment and sub-segments of the portfolio.

• Actively collaborate with all the relevant stakeholders including business, sales, credit and risk to profitably grow the portfolio

• Establish processes to ensure robust workflow and simultaneously build checks balances for fraud prevention and (operational) risk management

• Set SLAs/TATs with support functions for processing transactions and build monitoring of these SLAs and TATs.

• Intense engagement with the digital squad to build journeys for onboarding and mortgage servicing

• Provide regular feedback to Business manager, policy and compliance

• Increase sales to achieve targeted numbers for sales and revenue across the entire product range

• Initiate & implement end to end customers experience process for affluent the segment increasing penetration and overall profitability

Requirements

  • •Responsible for Product Portfolio and Profitability
  • •Manage product development strategy
  • •Promote key mortgage offerings
  • •Recognize and recommend new strategies for ENR growth
  • •Identify and recommend new product developments
  • •Manage roll out and deployment of new product releases
  • •Monitor competitor pricing
  • •Develop requirements specifications for new features/products

Nice to Have

  • •Analyze and react to changes in portfolio behavior
  • •Establish processes for robust workflow
  • •Build checks and balances for fraud prevention
  • •Set SLAs/TATs with support functions
  • •Build monitoring of these SLAs and TATs
  • •Build journeys for onboarding and mortgage servicing
  • •Provide regular feedback to Business manager, policy and compliance
  • •Increase sales to achieve targeted numbers for sales and revenue

Responsibilities

  • •Design and run sales campaigns/booster and promotions
  • •Work closely with policy and legal team
  • •Develop training materials and train sales team
  • •Manage 3rd party vendors and service providers
  • •Provide subject matter expertise to support sales team
  • •Establish product-lending parameters
  • •Flag, track and measure effect of policy changes
  • •Collaborate with stakeholders to grow portfolio

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Benefits Package
🏠Housing
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🏥Medical
🎓Education
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