Product Manager (Asset Products) at Westfield Consulting Limited

Westfield Consulting was founded in January 2012, by a team of Nigerians with over 45 years of cumulative work experience in management and consultancy. Westfield Consulting is a provider of Human Resource and Strategic Management Services.

Our focus on innovation and excellence in service delivery has made us a first choice to our growing clientele in various sectors. We have successfully achieved a positive work force attitude, while engineering a more motivated and committed workforce for our clients with notable results Our results provide a testament about the quality of our services. 70% of our business is repeat business.

We are recruiting to fill the position below:

Job Title: Product Manager (Asset Products)

Location: Lagos
Employment Type: Full-time

Purpose of Job

• The Product Manager, Asset Products, is responsible for the end-to-end management, development, and performance of the bank’s asset-based financial products.
• his includes conceptualizing, designing, implementing, and optimizing asset products to drive business growth, enhance customer satisfaction, and achieve strategic objectives.
• The role requires strong collaboration with cross-functional teams, including Sales, Risk, Finance, and Operations, to ensure seamless product delivery and risk management.

Roles and Responsibilities

• Develop and manage the bank’s asset product portfolio, ensuring alignment with market needs and the bank’s strategic objectives.
• Conduct market research and competitive analysis to identify opportunities for product innovation and improvement.
• Define product roadmaps, ensuring timely rollout of enhancements and new product offerings.
• Oversee the product lifecycle, from ideation to launch and post-implementation performance monitoring.
• Establish and track key performance indicators (KPIs) to measure product success and profitability.
• Work closely with the Finance and Sales teams to optimize product pricing, profitability, and market penetration.
• Identify and implement strategies to enhance product uptake and customer engagement.
• Collaborate with Risk and Compliance teams to ensure asset products comply with regulatory requirements and internal policies.
• Develop risk mitigation strategies for asset products, including credit risk assessments and operational risk controls.
• Ensure all product documentation, policies, and agreements align with legal and regulatory standards.
• Act as a liaison between internal and external stakeholders to ensure smooth product development and execution.
• Provide training and support to Relationship Managers and frontline staff on asset product features and benefits.
• Gather and analyze customer feedback to enhance product offerings and improve the customer experience.

Experience and Qualifications

• Bachelor’s Degree in Business Administration, Finance, Economics, or a related field. A Master’s degree or professional certification (e.g., CFA, PMP) is an added advantage.
• Minimum of 5 years of experience in product management, preferably within the banking or financial services industry.
• Strong understanding of asset-based financial products, lending principles, and credit risk management.
• Proven experience in market research, product development, and performance analysis.

Salary
N5,000,000 - N8,000,000 annually.

Application Closing Date
31st March, 2025.

Method of Application
Interested and qualified candidates should send their Applications to: victor.allu@westfield-consulting.com using the Job Title as the subject of the mail.

Note: The role is strictly for qualified candidates currently in the Banking Industry.