Fadac Resources

Product Manager [Wealth Management]

Lagos

FULL TIME

November 8, 2024

Our client is a Nigeria's top financial intermediary and equipment leasing firm, offers flexible leasing, loan financing, and financial planning. Due to expansion they are in need of a PRODUCT MANAGER [Wealth Manager].
Location - Lagos
JOB RESPONSIBILITIES
  • Understand and execute the strategic vision for the wealth management product portfolio in alignment with organizational goals.
  • Conduct market research and competitor analysis to identify opportunities, trends, and potential risks.
  • Collaborate with cross-functional teams, including Finance, Software, and Sales, to develop and enhance wealth management products.
  • Develop and propose comprehensive product strategies, providing market outcome projections for informed decision-making.
  • Oversee the entire product lifecycle from ideation to launch, ensuring products meet and exceed customer expectations.
  • Develop and maintain detailed product requirement documents, incorporating feedback and adapting to changing market dynamics.
  • Implement effective product launch strategies and coordinate marketing efforts with relevant teams.
  • Formulate strategies to package and market products, ensuring differentiation, compelling value propositions, and ease of both selling and buying.
  • Identify and manage the ongoing rationalization of the business's product portfolio for enhanced efficiency and effectiveness in product management.
  • Establish key performance indicators (KPIs) for wealth management 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.
  • Monitor market trends, competitor activities, and price movements, providing recommendations for key decisionmaking.
  • Drive consumer intelligence by developing external and internal data sources, improving the business's understanding of the product's market, competitor activities, and consumer behaviors.
  • Undertake financial modeling for products or services and target markets, fostering a deep understanding of the relationships between the product and its market.
​JOB REQUIREMENTS
  • Bachelor’s degree in Finance, Business, or a related field. Relevant certifications (e.g., CFA, CFP) is a plus.
  • Proven experience (2+ 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.
Job Type: Full-time
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