• Application Deadline: Sat, 31 Dec 2022 00:00:00 GMT
• Position: Team Lead, Payments (Transaction Banking)


• Job Type Full Time


• Qualification BA/BSc/HND , MBA/MSc/MA


• Experience 7 years


• Location Lagos


• Job Field Banking 
  

Duties & Responsibilities

• Responsible for managing, supervising and motivating team members or subordinate product managers in the day-to-day performance of their jobs.


• Define strategy for products based on overall direction of the bank.


• Provide strategy and overall leadership for the team.


• Provide coaching and mentoring for team members for optimum productivity.


• Define product budget /target and ensure realization in collaboration with sales specialists and relationship managers.


• Elaborate recommendations and ensure implementation and efficiency.


• Define targeted market shares, sales forecasts and profitability objectives.


• Constantly adapt to the evolution of the market, detecting and studying the potential opportunities to create a new product and/or ensure the adaptation of current products.


• Obtain market intelligence reports and advise sales leads to technical sales specialists.


• Oversee collection of information directly or indirectly related to all products so as to propose areas of development (market analysis, evolution, competitors’ activities, etc.


• Manage relationships with key partners.


• Workforce training on product usage.


• Regular benchmark TB offerings of other banks to ensure competitiveness


• Periodically analyze product performance by customer segment/location/BU etc and take appropriate action.


• Work closely with Sales teams, TB Solutions Delivery team and Operations to develop and enhance products.


• Assess demand in the market for products to determine the need to produce or enhance products.


• Plan out how to efficiently roll out and implement product schemes.


• Support Product Sales when announcing new changes in products.


• Conceive products in relation with Risk, Finance, Operations and Legal and Compliance.


• Work with marketing team to define most suitable media plan (type of media, period, frequency, etc.) to create awareness of new and existing products.


• Monitor product performance periodically and provide performance report to management based on results obtained vs. targets.


• Oversee analysis of results of launching new product/development.


• Follow-up on relevant indicators (e.g., turnover, pricing, market share, etc.


• Ensure team has necessary skills and knowledge required for current and future needs

Job Requirements

Education:

• Minimum Education: First Degree in any related discipline.


• MBA or Advance Degree equivalent in Business administration, Finance or related field is an added advantage.

Experience:

• Minimum of 7 years experience in banking.

Key Competency Requirements:

Knowledge:

• Proven knowledge in relevant Transaction Banking products and related business aspects.

Skill/Competencies:

• Entrepreneurial skills.


• Strong leadership qualities.


• Excellent communication and inter-personal skills.