AVP/VP- Product Development Full-Time

RSS client

RSS client

Industry

Banking & Finance

Career Level

VP

Job Function

Product Development

Years of Experience

5 to 7 years of relevant experience in the financial or banking sector

Qualification

Masters/ bachelors’ degree.

Primary Skills

  • Must have a sound understanding of IT related systems
  • Must have an experience in Marketing
  • Strong Technical and Problem Solving Skills 
  • Logical and investigative mind
  • Good communication and presentation skills
  • Expertise in developing talent and a team leader

Position KPI

  • Create and manage new product development pipeline portfolio.
  • Ensures successive annual roll-outs of value-added profitable product to achieve 5-year plan growth targets.
  • Collaborate cross-functionally with Customers to concept process for introducing new products to market.
  • Identify marketing opportunities by analysing and defining the total market, market share, competitor market share and available market share by product market.
  • Recognize market segmentation and customer profiles to create a customer base to be further assessed for marketing and sales initiatives.
  • Gather data and information market to gather valuable outcomes.
  • Provide leadership and support to team of young professionals for the design, development, refinement and implementation of products by initiating research to identify consumer needs.
  • Develop new products and manage the process and team to meet consumer needs; research consumer acceptance of products; develop introductory market programs to introduce new products.
  • Lead status meetings to drive programs or new product initiatives to market. Periodically presents project updates to the company management.
  • Visualize the concept of a product, coordinate and collaborate with various different stakeholders, seek the approval of the necessary department and execute the product line in its entirety, with regard to all aspects.
  • Develop, maintain and update new product development “Concept to Customer” process to ensure a group of new concepts/products are available to be introduced and commercialized on an annual basis.
  • Handle all aspects of taking successful new product concepts through commercialization. Where appropriate, develop an introduction team with members from key functional areas to insure a coordinated and successful introduction.
  • Analyse the current position of products, sales trend and evaluate the future prospects of the product.
  • Prepares reports on the various procedures that have been tried in order to eliminate methods that are unsuccessful
  • Create marketing campaigns designed to create awareness among people about new product availability
  • Research patents, copyrights and trademarks in order to make sure there are no infringement issues involved

Overview

  • Location: Karachi
  • Job Title: AVP/VP- Product Development
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