senior product manager, unsecured lending in Kuala Lumpur

posted:
location
Kuala Lumpur, Wilayah Persekutuan
job type
Permanent
reference number
91M0083069_1498700984
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job description

Our client is a global commercial bank with 11 branches across key cities in Malaysia. Our client is looking for a senior product manager to manage the ownership of the unsecured lending products (Overdraft and Term Loan) within the product management cycle of the bank's Consumer Banking business.

Key Responsibilities:

  • Full accountability over the products profitability and overall strategic decision of the products
  • Planning, executing, implementing and launching of products with appropriate controls in place within the product management cycle of the Consumer Banking business.
  • Understand the market appetite for unsecured lending products by conceptualizing, developing and launching new/enhanced products with features that are relevant to the market
  • Formulate product penetration strategies to grow the product market share by leveraging on existing sales distribution channels strategies to grow market share
  • Support the sales teams by monitoring applications i.e. number of applicants, quality of applicants, average requested amount versus approved amount, working towards increasing the approval/acceptance rate.
  • Work closely with Risk to refine product strategies for unsecured products by optimizing the risk framework for lending and portfolio management
  • Drive advertising/promotion plan for the products within the approved fixed parameters
  • Enhance/offer retention programs to all existing borrowers
  • Ensure compliance/control in all aspects of product management

Qualifications

  • Overall experience of at least 10 years+ with a minimum of three years in managing/owning a product lifecycle specifically unsecured lending products (credit card, personal loan, overdraft etc.)
  • Exceptional business acumen in identifying niche areas within the already saturated market and able to respond strategically with competitors offering to defend/grow the bank's product market share
  • Familiar with most consumer secured/unsecured banking products i.e. feature, mechanism, position etc.

If you like to have a confidential conversation about the role, please contact Kok Yuen at 03 2036 6638 or kokyuen.l@randstad.com.my

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