Job Responsibility:
Functional
- Product Roadmap Development: Develop and maintain the product roadmap, outlining strategic directions and timelines for product development. Collaborate with stakeholders, partners, and regulators to define product requirements, understand market demands and trends, and support strategic initiatives.
- Product Implementation: Plan and execute product development from ideation, design, development, and testing to rollout. Support post-launch improvements and iterations to ensure the product meets objectives and performance targets.
- Provide Product Requirements for System and Process Enhancements: Gather, define, and communicate detailed product requirements to internal stakeholders for system and process improvements. Ensure system and operational processes are aligned with product specifications, market needs, and regulatory standards.
- Market Research & Competitor Analysis: Conduct market research, competitor benchmarking, and analysis of product features and practices. Identify opportunities for innovative or differentiated products that meet customer needs and market trends.
- Product Pricing & Profitability: Develop pricing strategies and profitability models that align with business objectives.
- Product Documentation: Develop and maintain accurate, up-to-date product documentation, including guidelines, terms and conditions, pricing structures, eligibility criteria, and underwriting guidelines.
- Compliance & Governance: Ensure adherence to internal policies, procedures, regulatory requirements, and administrative rules relevant to product development.
- Performance Monitoring & Reporting: Prepare regular reports on product performance and provide recommendations for enhancements.
- Stakeholder Management: Build and maintain strong relationships with internal and external stakeholders to facilitate product development and launch.
b) Others
- Undertake any other duties and responsibilities as assigned by the department or management from time to time.
Job Requirement:
Qualification: Minimum a Degree in Business Administration, Banking, Finance or equivalent.
Experience: Minimum of 5 years relevant experience
Knowledge:
- Product development lifecycle, market research, and competitor analysis.
- Product pricing, profitability assessment, and business alignment.
- Regulatory requirements and corporate governance related to product development.
- Understanding system and process requirements for product implementation and enhancements.
- Strong problem-solving skills applicable to operational and business scenarios.
Skills :
- Strong analytical and critical thinking capabilities.
- Detail-oriented, organised, and capable of managing multiple projects simultaneously.
- Effective verbal and written communication, including presentation skills.
- Innovative mindset, capable of generating new product ideas and solutions.
