Senior Product Manager, Cash Management, Job in Kenya

Key Accountabilities (Duties and Responsibilities)          

Perspective % Weighting (to add up to 100%) Output
Product Development    25%    

  • Drive product monitoring and control of Cash Management products in liaison with Cash Management BDMs, Relationship Managers and other relevant stakeholders. 
  • Ensure implementation and cascade of all appropriate procedures in line with the requirements and process in ‘user’ units.
  • Ensure adherence to and application of established policies, processes, procedures and tools to achieve optimal efficiency, compliance and cost containment.
  • Stakeholder management to ensure alignment on delivery of Cash Management products.
  • Restructuring products when necessary and Managing the restructuring process
  • Review existing products and continuously improve on them.
  • Formulate effective product documentation, policies and procedures, SLA’s to effectively deliver the envisaged propositions
  • Issue resolution in relation to Cash Management products together with the Product support team
  • Ensure implementation and cascade of all appropriate procedures in line with the requirements and process in ‘user’ units.
  • Contribute to the formulation of the sales budget/pricing process including concessions.

  • Conduct regular portfolio reviews to identify areas of improvement and develop tactical plans towards achieving set risk and compliance criteria.
  • Responsible for the implementation and adoption  of all Compliance, Anti-Money Laundering and Sanctions related requirements contained in policies, procedures and processes within Cash Management products
  • Using available products, e-Channel & e-Commerce marketing/sales performance i.e. volume, pricing and related revenue, provide impactful recommendations based on internal data, external trends, competitive forces and technology advancements.
  • Provide regional strategic input for the Cash Management products.

Financial 20%    

  • Achieve Product, e-Channels and e-Commerce revenue target and growth as determined.
  • Tracking and regular review of products and channels from client feedback and market trends to increase utilization of Cash Management products by current and prospective customers.
  • Together with the Head, Cash Management follow up with business development and other business segments to ensure appropriate drive of Cash Management products.
  • Identify and develop performance metrics to ensure attainment of business case objectives i.e. benefits realization tracking.
  • Manage unit’s expenses in liaison with Head, Cash Management 

Service Delivery (Client Focus)     20%    

  • Assist to implement a team culture that focuses on customer service and service delivery.
  • Manage and retain key stakeholder relationships and focus on building strategic relationships with key decision-makers.
  • Manage and coordinate Cash Management client engagement efforts across relevant business units (when applicable) by ensuring that individuals are clear on their contribution and expected outcomes.
  • Participate in customer surveys (internal and external)
  • Develop in-depth knowledge of the client’s strategy, business, financial performance, industry outlook/trends, specific segment knowledge and general macroeconomic issues and trends in the country and ensure that this is transferred to the relevant internal

Risk and Compliance (Internal Processes)25%    

  • Ensure the implementation and regular review of product programme guides for all product sets.
  • Coordinate and assume responsibility for compiling and communicating to all stakeholders, on a regular basis, information relevant to Cash Management portfolio.
  • Conduct regular portfolio reviews to identify areas of improvement and develop tactical plans towards achieving set risk and compliance criteria.
  • Responsible for the implementation and adoption (within Cash Management unit) of all Compliance, Anti-Money Laundering and Sanctions related requirements contained in policies, procedures and processes.

Brand and Culture     10%    

  • Represent the Bank at sales forums and industry events.
  • Promote the KCB brand.
  • Create product awareness within the bank through quarterly training of branches, support and business-teams in order to embed a Cash Management culture 
  • Planning and developing the marketing strategy for Cash Management products portfolio
  • fications

Qualifications

Academic:

  • A Bachelors’ degree in Business Management with a bias in Information Technology, Information Systems, Administration, Commerce, Accounting, Economics or Finance
  • Possession of MBA/ MSc. in a relevant field will be an added advantage 

Desired work experience and Skills: 

  • At least 10 years work experience in Banking, (6) of which should be in Transaction Banking or Cash Management solutions
  • Vast experience in product development, support, and implementation
  • Commercial Awareness & Business Acumen: identify opportunities for revenue generation Excellent research, analytical, and problem-solving skills. 
  • Technologically savvy and appreciation of current ICT trends. 
  • Excellent research, analytical, and problem-solving skills. 
  • Experience in customer relationship management 
  • Integrity & courage to challenge actions within various business units and the status quo. 
  • Strong persuasion, management and communication skills
  • Strong organizational skills
  • Excellent stakeholder management skills 
  • Creative approach, with the ability to anticipate challenges and develop innovative solutions. 

Professional Qualifications:

  • Professional qualifications in IT or Sales
  • Master’s degree in a relevant field from a recognized institution is an added advantage 

Ideal Job competencies

Technical Competencies

  • Good knowledge of Cash Management solutions and processes
  • Good understanding of the CBK and Banking Acts and their implications on the organization.
  • General awareness of the banks products and services.
  • General awareness of the banks procedures and the requirements of the Cash Management operations manual.
  • A detailed knowledge of the market segments targeted.

How To Apply

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