Role Summary

This truly is an exciting opportunity to join the leading bank in Qatar.

As a key part of our accelerated growth plan we have established the need to recruit a Product Officer within our Retail Assets function.

The role of the Product Officer is to support the Product Manager in developing retail asset products (vehicle leasing/vehicle loan/mortgage loan/personal loan) assigned to him and manage their implementation through the various sales channels.

Role Description

You will assist with the establishment of agreed sales budgets for branches and direct sales staff for the assigned products and closely monitor the product performance.

You will analyze portfolio behavior and trends (including competitor initiatives) to formulate retention strategies and help grow the retail assets portfolio.

You will coordinate with car dealers for joint promotions and payment collection. Prepare upload file and update system parameters (e.g interest rates, dealer details, vehicle price, buy back values, vendor details, cost and commission of add-ons).

Prepare daily reports relating to add-ons(comprehensive insurance, service & maintenance, paint protection, roadside assistance etc) taken by customers to be sent to vendors. Other reporting includes matured lease agreements, outstanding lease deals and car dealer incentives.

Develop loan system enhancements. Perform UAT (User Acceptance Testing).

Assist in the review, refinement, development and launch of new products to maximise market share, revenues and profits in chosen segments. 

Compile and present relevant MIS to the Product Manager    

Ensure processes are in place for the launch of new and existing products and that they adhere to internal guidelines and procedures.

You will have the following additional skills/knowledge:

• You will be highly proficient in Microsoft Excel and a competent user or Word and PowerPoint
• System reporting and administration
• Knowledge of product development within banking
• Knowledge of loan systems
• Marketing experience  and awareness of below and above the line strategies
• Product development knowledge

Qualifications

You should be educated to degree level with at least 3 years experience in the development and implementation of retail asset products (such as personal loans/mortgages/car loans and car leasing).You should possess a high standard of spoken and written English. Arabic speaking is a plus. 

You are a person with integrity; self managed with a keen eye for detail, and will possess excellent people relationship and team management skills, with a high awareness of risk management concepts and practices.

For further information, please refer to the attached Job Description.

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