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Cash Management Department.Senior Product Manager – Cash Management

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Job Detail

  • Job ID 1005830
  • Career Level Officer
  • Industry Development
  • Qualifications Master’s Degree

Job Description

Responsibilities

  • 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.

Required skills

General awareness of the banks products and services. Good knowledge of Cash Management solutions and processes Good understanding of the CBK and Banking Acts and their implications on the organization. Master’s degree in a relevant field from a recognized institution is an added advantage Professional qualifications in IT or Sales

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