Personal & Business Banking Products Analyst at Stanbic IBTC Bank

Posted on Mon 29th Jun, 2015 - www.hotnigerianjobs.com --- (0 comments)

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.

We are recruiting to fill the below position:

Job Title: Personal & Business Banking Products Analyst

Job Code: 12875
Location: Nigeria
Employment Type: Full Time - Permanent

Division Proposition
  • Standard Bank is the largest bank in Africa and our highly visible brand, award-winning service, and strong global presence helps us maintain our market-leading position.
  • We place huge value on the talent of our people to drive our continued success, and to support our plans for growth.
  • We now need a talented and resourceful Product Analyst to help us fulfil our business objectives and build customer loyalty.
Position Description
Main purpose of the job:
  • Product management is the multi-disciplinary approach to developing, distributing, and maintaining product offerings to serve customer objectives. It links customer needs and satisfaction to the corporate objectives of profitability and delivery of the promised performance to shareholders.
Key Responsibilities
Management and growth of economic profit of PBB Products portfolio in various segments, focusing on the key components of economic profit, and the underlying business drivers:
  • Number of customers and accounts
  • Quality of data
  • Validation of fee and Commission Income
  • Costs
  • Product profitability.
Management and control:
  • Product governance
  • Training and manual update
  • Control reports.
Conduct market and competitor research.

Key performance measures /KRAs
  • Timely reporting reports
  • Play a key role in the rollout of new or amended products and driving product campaigns
  • Follow up on the quick implementation of weekly exceptions; correction of customer segmentation errors, wrong coding and general data clean up
  • Support product governance process to ensure timely rendition of all product papers
  • Carry out periodic monthly market survey (internal & external) to ensure the business correctly profiles the voice of the customer
Required Skills and Qualifications Knowledge
Qualifications:
  • Preferably a Degree with Accounting, Finance, Economics.
  • Knowledge of basic software packages (Word, Excel, PowerPoint, MS Project, MS Access etc)
Experience:
  • 2-3 years retail banking experience
  • Financial experience an advantage
  • Required Competencies
  • Business/ Technical Knowledge
  • Strong financial grounding
  • Understanding of risk and risk management
  • Problem solving
Personality Attributes:
  • Team player
  • Performance Driven
  • Self Starter
  • Resilient
  • Analytical skills
  • Ability to work some level of ambiguity.
Important Relationships
Internal:
  • Important relationships include Segment, Marketing, other Product houses, Customer Channels, Operations, IT, Finance and MIS
External:
  • Liaison with relevant key stakeholders to ensure products offer solutions to their needs
  • Liaison with other external parties where opportunities may be realized.
Application Closing Date
13th July, 2015.

How to Apply
Qualified and interested candidate should:
Click here to apply online