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Product Manager, Deposit

Yoma Bank

Product Manager, Deposit

Yoma Bank
Recruiter active 8 hours ago The recruiter at this company was last active reviewing applications.
Myanmar - Yangon
Full Time
Verified This job has been verified by the company as a real job vacancy.
15 Nov 2021

Experience level

Manager

Job Function

Marketing, Media, Creative

Min Education Level

Bachelor Degree

Job Description

ROLE PURPOSE

The Products Manager serves as the central focus and coordination for deposits and accounts with other functional areas of Yoma Bank.  This person has responsibility for supporting transaction banking department including deposit “value chain”, products, market positioning, coordination with sales force, incentives structure, deposit operations and other key areas.

  • Product Life Cycle Management
  • Define product vision and strategy based on market needs and Yoma Bank capability
  • Develop, launch, and maintain Deposit product to ensure revenue growth while minimizing cost of funds
  • Establish strategy across the deposit products by setting the direction, prioritization and implementation of business initiatives.
  • Deliver a deep understanding of market needs from interaction with customers, analysts and customer facing teams within Yoma Bank
  • Based on feedback and market / customer understanding develop new products and enhance existing products
  • Sign off all documentation, training material etc. pertaining to product releases
  • Product Portfolio Management
  • Work closely with finance and analyze the financial KPI’s at the product level, and provide investment and performance improvement strategies and recommendations
  • Reviews P&L performance of the Deposit product and reports performance to the leadership team
  • Drive analysis, financial modeling, forecasting and make recommendations for product pricing to ALCO.
  • Contribute product expertise and collaborate effectively with other Product Managers as well as key stakeholders in Technology, Operations, Marketing, and Sales.
  • Support Branch Managers in creating targeted customer segments keeping in mind Yoma Bank priorities and product portfolio as well as customer demands and requirements
  • Support Branch Managers and Business Development Managers when building solutions against customer requirements
  • Participate in pricing discussions and work with Sales and Finance
  • Work with Marketing to develop and implement sales and marketing activities while ensuring marketing expenses are managed against allocated budget
  • Collaborate with Business Development Managers, Branch Managers and Call Center Managers to gather feedback on existing product offerings
  • Works as part of cross-functional team (branch manager, marketing specialist, IT developer etc) in preparing proposal
  • Collaborate with IT to ascertain product implementation feasibility and tweak details if necessary
  • Coordinate with other related

Open To

Male/Female

Job Requirements

  • Bachelor’s degree in related field
  • Thorough understanding of statistical and financial analysis
  • Experience in product development and portfolio management with strong project management skills
  • Strong analytical and problem-solving skills with demonstrated ability to quickly gather, analyze and synthesize information
  • Experience in translating customer needs to product features and business requirements
  • Detail-oriented and a motivated self-starter with ability to perform tasks with limited guidance and in an efficient and timely manner as an individual and in a team environment
  • Ability to proactively identify product opportunities that arise related to business trends and market developments
  • Experience working effectively across functional areas
  • Strong project management skills, including ability to manage various tasks simultaneously and work under tight deadlines, while providing high quality products
  • Can-do attitude, willingness to learn and listen, ability to work independently, and strong drive to get things done
  • Strong written and verbal communication skills, with ability to express ideas in a clear and concise manner to different audiences

What We Can Offer

Benefits

- Annual Performance Bonus
- OT Payment
- Uniform provided

Highlights

- An awesome company
- Join a winning team
- You can make a difference

Career Opportunities

- Opportunities for promotion
- Possibility for job training
- Learn new skills and techniques

About Our Company

"Founded in 1993, Yoma Bank is Myanmar's most progressive domestic bank with over 3,000 employees and more than 80 branches across the country. With a mission to “Build a better Myanmar for its people” and financing the needs of Myanmar families and businesses, Yoma Bank offers savings products, a wide range of loans and business solutions to individuals, SMEs and local corporate clients to fund their business operations in Myanmar. With over 25 years of being a responsible bank, Yoma Bank has been consistently making significant investments in strategic priorities- people, technology and corporate governance.
All the operations led by the Bank are centered around its core values such as Customer, Integrity, Respect, Teamwork and Innovation. Yoma Bank has also established strong partnership with both local and international organisations leveraging strategic advantages in its services. Yoma Bank is the first local bank that welcomed foreign investments from global organisations such as GIC of Singapore, Norfund of Norway and IFC of the World Bank."