Team Lead, Product Manager at Rosabon Financial Services Limited

Rosabon Financial Services Limited - Award winning Rosabon Financial Services is a member of the Concept Group. Licensed by the Central Bank of Nigeria, CBN on April 22, 1993 and being a long standing member of the Equipment Leasing Association of Nigeria (ELAN), the organization has evolved into Nigeria’s leading Non-Banking Financial Intermediary and Equipment Leasing firm focused on niche and general markets.

We are recruiting to fill the position below:

Job Title: Team Lead, Product Manager

Location: Lagos
Employment Type: Full-time
Work Mode: Hybrid

Summary and Scope

• As the Team Lead for Product Managers within our financial service organization, you will be responsible for overseeing a team of Product Managers and driving the development, enhancement, and management of our product portfolio.
• This role requires strong leadership skills, strategic thinking, and a deep understanding of financial services to ensure the team delivers market-leading solutions.
• The Team Lead for Product Managers plays a crucial role in guiding the strategic direction of the product portfolio.
• This position involves leading the team in strategic planning, market analysis, product packaging, and financial modeling, with a focus on ongoing portfolio rationalization and driving consumer intelligence for informed decision-making.

Duties and Responsibilities

• Team Leadership and Management; Lead, mentor, and manage a team of Product Managers provide guidance to team members and foster a collaborative team environment focused on innovation and excellence.
• Product Strategy and Development; 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, and develop and propose comprehensive product strategies, providing market outcome projections for informed decision-making.
• Product Lifecycle Management; Oversee the entire product lifecycle, Develop and maintain detailed product requirement documents, and implement effective product launch strategies
• Performance Monitoring and Analysis; 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.
• Financial Modelling; 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 modelling to analyze and project the financial performance of products and target markets. This includes forecasting revenues, assessing costs, performing investment appraisals, sensitivity analysis, scenario planning, and integrating product-related financial models into organizational budgeting and forecasting processes.
• Regulatory Compliance; Stay abreast of regulatory changes affecting products and ensure compliance with industry standards and 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.
• Research Tools and Methods; Develop and adopt research tools, sources, and methods that contribute to the business's product marketing management intelligence.
• Reporting and Recommendations; Generate reports and make recommendations to the Product team, serving as guidance for decision-making regarding new and existing products.

Requirements and Skills

• 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.
• Finance Skills
• Leadership and Team Management
• Analytical and Product Strategy skills
• Spreadsheet skills: proficiency in using spreadsheets for financial modeling and analysis.

Remuneration
N1,500,000 Monthly.

Application Closing Date
10th August, 2024.