JOB TITLE: Team Lead, Payments (Transaction Banking)
JOB LOCATION: Lagos, Nigeria
Job Schedule Full time
Job Category: FBN Gen.
Job Shift: Day
JOB DETAILS:
- Responsible for managing, supervising and motivating team members or subordinate product managers in the day-to-day performance of their jobs.
- Define strategy for products based on overall direction of the bank.
- Provide strategy and overall leadership for the team.
- Provide coaching and mentoring for team members for optimum productivity.
- Define product budget /target and ensure realization in collaboration with sales specialists and relationship managers.
- Elaborate recommendations and ensure implementation and efficiency.
- Define targeted market shares, sales forecasts and profitability objectives.
- Constantly adapt to the evolution of the market, detecting and studying the potential opportunities to create a new product and/or ensure the adaptation of current products.
- Obtain market intelligence reports and advise sales leads to technical sales specialists.
- Oversee collection of information directly or indirectly related to all products so as to propose areas of development (market analysis, evolution, competitors’ activities, etc.
- Manage relationships with key partners.
- Workforce training on product usage.
- Regular benchmark TB offerings of other banks to ensure competitiveness
- Periodically analyze product performance by customer segment/location/BU etc and take appropriate action.
- Work closely with Sales teams, TB Solutions Delivery team and Operations to develop and enhance products.
- Assess demand in the market for products to determine the need to produce or enhance products.
- Plan out how to efficiently roll out and implement product schemes.
- Support Product Sales when announcing new changes in products.
- Conceive products in relation with Risk, Finance, Operations and Legal and Compliance.
- Work with marketing team to define most suitable media plan (type of media, period, frequency, etc.) to create awareness of new and existing products.
- Monitor product performance periodically and provide performance report to management based on results obtained vs. targets.
- Oversee analysis of results of launching new product/development.
- Follow-up on relevant indicators (e.g., turnover, pricing, market share, etc.
- Ensure team has necessary skills and knowledge required for current and future needs
Job Requirements
Education:
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- Minimum Education: First Degree in any related discipline.
- MBA or Advance Degree equivalent in Business administration, Finance or related field is an added advantage.
Experience:
- Minimum of 7 years experience in banking.
Key Competency Requirements:
Knowledge:
- Proven knowledge in relevant Transaction Banking products and related business aspects.
Skill/Competencies:
- Entrepreneurial skills.
- Strong leadership qualities.
- Excellent communication and inter-personal skills.
Deadline: December 16, 2022
Job Features
Job Category | Banking / Insurance |