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

, , United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

09 Jun, 26

Salary

0.0

Posted On

11 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Product Development Strategy, Mortgage Offerings, Business Goals Achievement, Product Portfolio Management, Pricing Monitoring, Sales Campaigns, Feature Development, Policy Collaboration, Training Material Development, Vendor Management, Subject Matter Expertise, Lending Parameters, Regulatory Compliance, Risk Management, SLA Monitoring, Digital Engagement

Industry

Banking

Description

* 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

Responsibilities

The role is responsible for optimizing the mortgage product portfolio to achieve set business goals and profitability, which includes managing the product development strategy and promoting key mortgage offerings. This involves identifying new product developments aligned with customer needs and managing the rollout and deployment of new releases while closely monitoring competitive pricing.