Research and Product Development Officer job at Finance Trust Bank
Vacancy Title: Research and Product Development Officer
Type: FULL TIME
Industry: Consulting
Category: Media, Communications & Writing
Jobs at: Finance Trust Bank
Deadline: Wednesday, July 31, 2024
Duty Station: Within Uganda, Kampala, East Africa
Summary:
Date Posted: Wednesday, July 17, 2024
Base Salary: Not Disclosed
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Job Purpose:
Responsible for identifying new opportunities for developing marketable products and services from concept to distribution, meeting customer needs, and boosting FTB’s market share for business growth.
Key Responsibilities:
- Provide strategic leadership in the Bank’s product development strategy.
- Identify opportunities for new revenue and cost reduction in the product stream for current and future considerations.
- Support the MPDR in conducting research and evaluating market trends, legal/regulatory climate, and competitive products for enhancements.
- Coordinate stakeholders in the product development cycle – from research, ideation, business case development, prototyping, testing, launch, to commercialization.
- Present new ideas to the Product Development Committee and prepare all product papers for approval.
- Validate commercial and go-to-market plans before implementation to ensure all key enablers support the initiative and the expected impact is realistic.
- Prepare monthly product performance reports and provide analytics on the bank’s products and services.
- Act as the reference point for the Bank’s product pricing, presenting tariff reviews to the PDC for consideration, ensuring timely implementation of change requests related to tariffs, and performing revenue assurance functions.
- Create customer journey maps for each product delivery and recommend improvements in internal processes or service point optimization.
Minimum Educational and Technical Competence Requirements:
- Bachelor’s degree in business administration, economics, statistics, mathematics, or relevant sciences.
- Minimum of 5 years in the custom market research industry.
- 1 to 3 years of experience in the banking industry/sector.
- Knowledge of new financial products, services, and delivery channels.
- Exceptional written and oral communication abilities.
- Strong quantitative aptitude and analytical skills with experience in statistical modeling and analysis.
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job Application Procedure:
Suitably qualified candidates should address their application to the Head, Human Resource, Finance Trust Bank, TWED PLAZA, Plot 22B, Lumumba Avenue, Kampala, Uganda, and email it along with photocopies of academic testimonials and a CV to Jobs@financetrust.co.ug. The CV should include telephone contacts and email addresses of three referees, one of whom should be the most recent employer. The closing date for the submission of applications is July 31, 2024. Only shortlisted candidates will be contacted via Tel. Numbers 0312 222600 or 0414 341275 ONLY.
