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14/02 Krishan Kumar
Head - HR at Antwerp Diamond Bank

Views:3512 Applications:157 Rec. Actions:Recruiter Actions:21

Product Head - Liability Products - Bank (10-18 yrs)

Bangalore Job Code: 131890

Recruitment of: Product Manager (Liabilities)

Summary job description :

- Antwerp Diamond Bank (ADB) is a niche bank, fully dedicated to servicing the global diamond trade and manufacturing. It has offices in Antwerp, Singapore, Mumbai, Dubai and Hong Kong.

- In Mumbai, ADB focuses on export credit granting and trade operations for diamond and jewellery manufacturers. Although a smaller player in a market where +40 banks finance the industry, ADB is highly recognized by many major and mid-tier merchants as a value adding diamond literate bank.

- Antwerp Diamond Bank, Mumbai Branch (ADBM) has decided to diversify its product offerings by mobilising Deposits in local INR - FCNR USD. For the purpose, we are on an active look out for an experienced Product Manager.

- The primary responsibility will be to conceptualize, develop and implement plans for new liability products which include product definition and development, creating of pricing strategy, branding and marketing plans with the ultimate goal to contributing to the profitability of the Bank.

Areas of responsibilities and objectives :

The position is responsible for the performance with regards to:

- Product designing, development, launching & strategic implementation of new product offerings (to include bulk local INR and FCNR USD deposits from Indian & NRI customers), Third Party products and Assets

- Conceptualization / Ideation of new liability product offerings vis-a-vis the market dynamics & the competition offerings

- Complementing portfolio rationalization strategies and initiatives to increase fee, float & profitability for the Liability product offerings

- Ensuring seamless co-ordination with various groups like Business Intelligence, Marketing, Technology, Operations, Compliance & Legal for complete product execution cycle

- Studying and recommending appropriate software and IT applications for the business vertical

- Developing Pricing framework for the new product offerings so as to make it transparent, fair and competitive

- Developing Standard Operating Processes related to operational risk, compliance and KYC framework as per requirement of Regulatory bodies & authorities for the business vertical

- Developing remittance platforms (online and offline model)

- Looking after ADB’s external image in Mumbai by organizing and participating in PR activities

- Maintaining formal and informal contacts with stakeholders like other Regulatory bodies & authorities in India to keep track of market trends and trade practices that impact financial goals

- Participating in the initiation of new products and services for the Branch to the benefit of customers and the bottom line objective of the Branch

- Maintaining Business Relationship with HNI/ UHNI Clients shall be desirable

- Maintaining MIS

The Position reports to CEO in Mumbai.

- The Bank’s premises are located at Trade Centre, Bandra Kurla Complex.

Discriminating factors for recruitment :

- Vast experience in Product Management & Retail Banking, NRI Banking

- Customer portfolio management responsibility

- Strong interpersonal relationships and commercial flair

- Self-Driven with an ability to be creative, innovative, solution oriented.

- Excellent analytical skills & capabilities

- Capable of working out alternatives in the interest of mitigating risk for the Bank

- Has a banking background with international oriented customers

Profile :

Educational background

- University degree (Bachelor) with post graduate (Master in Finance / Banking / Accounting)

- Age – 35 to 45 years / desirable to have 10-18 years of with excellent track record in Product Development & Management (Liabilities products)

Professional background

- Previous experience in a bank Product management position with vast understanding in different aspects of Managing Liabilities, and monitoring commercial & retail advances

- Sound knowledge of compliance Function, KYC/ AML, regulatory framework ,internal banking operations

- Proven business development ability with building up of a customer portfolio

- Good knowledge of MS Packagee

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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