Head, Product Innovation & Management at The Concept Group

Job Summary

• In this pivotal role, you will be responsible for guiding and overseeing the development and management of our product portfolio.
• Your in-depth knowledge of the financial industry, market trends, and customer needs will drive the creation of innovative products and enhance our existing offerings.
• Join our team and play a vital part in ensuring our organization's success and delivering exceptional value to our customers in a competitive market.

Duties &Responsibilities

Product Strategy and Vision:

• Develop and execute a comprehensive product strategy aligned with the financial organization's goals and objectives.
• Conduct market research to identify new product opportunities and emerging customer needs.
• Collaborate with executive leadership to define the product vision, roadmap, and long-term goals.
• Product Development and Management:
• Lead the end-to-end product development process, ensuring timely and successful product launches.
• Work closely with cross-functional teams to define product requirements and features based on market insights and customer feedback.
• Monitor and evaluate product performance, identifying areas for improvement and implementing necessary enhancements.

Team Leadership and Collaboration:

• Build and manage a high-performing product team, including hiring and mentoring.
• Collaborate with internal stakeholders such as sales, operations, risk, compliance, and finance to align product initiatives with business objectives.
• Foster relationships with external partners, vendors, and industry experts to leverage their expertise and identify potential partnerships.

Regulatory Compliance and Risk Management:

• Stay updated with industry regulations, compliance requirements, and best practices to ensure products adhere to legal and regulatory standards.
• Collaborate with compliance and risk management teams to mitigate potential risks associated with product development and management.
• Competitive Analysis and Market Intelligence:
• Conduct competitive analysis to understand market trends, identify gaps, and maintain a competitive edge.
• Monitor industry trends, emerging technologies, and customer preferences to drive innovation and differentiation.

Financial Analysis and Planning:

• Undertake financial modeling to evaluate the financial viability and potential impact of products.
• Produce reports and recommendations for decision-making on new and existing products, considering their financial implications.

Consumer Intelligence and Research:

• Drive consumer intelligence through the development of external and internal data sources, enhancing the understanding of market trends, competitor activities, and consumer preferences.
• Develop and adopt research tools, sources, and methods to support product marketing management intelligence.   

QUALIFICATIONS/REQUIREMENTS

• Bachelor degree in a relevant field such as business, finance, or technology.
• A master degree or MBA or membership in any relevant professional body is required.
•  Extensive experience (minimum 6 years) in product management, preferably within the financial industry.
•  Proven track record of successfully