Team Lead, Product Manager at a Non-bank Financial Institution – Novella Africa Limited

Job Title: Team Lead, Product Manager

Activities

• Lead, mentor, and manage a team of Product Managers.
• Provide guidance and support to team members to ensure alignment with organizational goals and objectives.
• Foster a collaborative team environment focused on innovation and excellence.
• Product Strategy and Development:
• Understand and execute the strategic vision for the product portfolio in alignment with organizational goals.
• Conduct market research and competitor analysis to identify opportunities, trends, and potential risks
• Collaborate with cross-functional teams, including Finance, Software, and Sales, to develop and enhance wealth management products.
• Develop and propose comprehensive product strategies, providing market outcome projections for informed decision-making.
• Product Lifecycle Management:
• Oversee the entire product lifecycle from ideation to launch, ensuring products meet and exceed customer expectations.
• Develop and maintain detailed product requirement documents, incorporating feedback and adapting to changing market dynamics.
• Implement effective product launch strategies and coordinate marketing efforts with relevant teams.
• Formulate strategies to package and market products, ensuring differentiation, compelling value propositions, and ease of both selling and buying.
• Establish key performance indicators (KPIs) for products and regularly assess product performance against set benchmarks.
• Analyze market trends, customer feedback, and performance data to make informed decisions and recommendations for product improvements.
• Monitor market trends, competitor activities, and price movements, providing recommendations for key decision-making.
• Drive consumer intelligence by developing external and internal data sources, improving the business’s understanding of the product’s market, competitor activities, and consumer behaviors.
• Undertake financial modeling for products or services and target markets, fostering a deep understanding of the relationships between the product and its market.
• Conduct comprehensive financial modeling to analyze and project the financial performance of products and target markets.
• Stay abreast of regulatory changes affecting products and ensure compliance with industry standards.
• Work closely with legal and compliance teams to navigate regulatory challenges and maintain a thorough understanding of industry regulations.
• Cross-Functional Collaboration:
• Collaborate with the Software team to ensure seamless integration and functionality of product applications.
• Work closely with relationship managers, financial advisors, and other stakeholders to understand client needs and feedback.
• Collaborate with sales and marketing teams to create effective go-to-market strategies, promotional materials, and sales training.
• Foster strong relationships with internal departments to facilitate effective communication and coordination.
• Develop and adopt research tools, sources, and methods that contribute to the business’s product marketing management intelligence.
• Generate reports and make recommendations to the Product team, serving as guidance for decision-making regarding new and existing products.
• Any other task as assigned by the Line Manager

Candidate Profile

• Bachelor’s Degree in Finance, Business, or a related field.
• Relevant certifications (e.g., CFA, CFP) is a plus.
• Proven experience (6+ years) in product management within the financial services sector, with a knowledge of wealth management products.
• Strong understanding of financial markets, investment products, and regulatory frameworks.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Exceptional communication and interpersonal skills to collaborate effectively with diverse stakeholders.
• Proven ability to manage multiple projects simultaneously and meet tight deadlines.
• Familiarity with agile development methodologies is an advantage.

Application Instructions:

The application deadline is Not Specified. Therefore qualified and interested candidates can “CLICK HERE TO SUBMIT APPLICATION” It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy

Website:
Official Job Website: https://novellaafrica.com/