Vice President - Products - NBFC Sector

Job Summary_ Vice President (Products)

The Vice President of Products will oversee the planning, development, implementation and maintenance of the company's product offerings within financial services division, supporting and promoting profitable goals and objectives. Behind every great product there is a great Product team. The Product department researches ideal customer base to discover their unique needs and preferences, then develops a product strategy to meet both.

Supervisory Responsibilities:

- Recruits, interviews, hires, and trains management and professional-level staff.

- Oversees the schedules and responsibilities of managerial staff in the department.

- Provides constructive and timely performance evaluations.

Duties/Responsibilities:

- In collaboration with other executive staff, and skilled and trusted departmental employees, develops, implements, operates, maintains, and controls the essential operating systems, information, and financial business of the company.

- Customer research

- Identify customer segmentation

- Data analysis

- Creative ideas and uniqueness of new product with the present market requirement and situation

- Product Development

- Product optimization

- Defines and implements key performance indicators and strategic objectives for the division and as appropriate, the entire organization; facilitates measurement of those objectives, reporting results to the executive team.

- Drafts and implements policies and best practices to support achievement of objectives and required standards.

- Drafts business plans for new products, services, and markets.

- Maintains knowledge of developments and trends in finance and administration including technological advances.

- Facilitates implementation of new systems and major modifications of existing systems to reduce downtime.

- Performs other duties as required.

Required Skills/Abilities:

- Excellent verbal and written communication skills.

- Thorough knowledge of financial and legal best practices and requirements with a proven ability to provide sound and ethical financial counsel to executive leadership.

- Thorough understanding of and personal involvement with systems and methodologies of finance and administration.

- Strong analytical and problem-solving skills.

- Excellent organizational skills and attention to detail.

- Strong supervisory and leadership skills.

- Proficient with Microsoft Office Suite, Power Point Presentation or related software.

Education and Experience:

- Bachelor / Masters degree in Finance, Marketing, Business Management or with MBA preferred in similar field.

- This position requires and extensive knowledge of finance & marketing.

- At least ten years of experience in the Product Function of Bank/NBFC required.

Physical Requirements:

- Must be able to travel (if required)