Product Design

2 weeks ago


Lagos, Lagos, Nigeria FSDH Merchant Bank Limited Full time

Role Objective:

To drive Asset Management Ltd's growth and market competitiveness by spearheading the development and execution of innovative product strategies. The Product Design/Manager is a pivotal role responsible for leading FSDH Asset Management's product development initiatives and strategic partnership endeavors. This position involves an understanding of market trends, customer needs, and competitive dynamics. The role requires a blend of analytical prowess and creative thinking to develop and implement product strategies that resonate with target markets and contribute to the firm's overall success.

Job Details

Product Strategy Development:

  • Lead the ideation, planning, and execution of product strategies to meet business objectives.
  • Analyze market trends, customer needs, and competitive offerings to identify opportunities for new products or enhancements to existing products.

Strategic Partnerships:

  • Identify and cultivate strategic partnerships that enhance product offerings and market reach.
  • Negotiate and manage partnership agreements, ensuring alignment with the company's strategic goals.

Market Analysis and Intelligence:

  • Oversee market research activities to gather intelligence on market trends, customer preferences, and emerging opportunities.
  • Translate market insights into actionable strategies for product development and positioning.

Product Performance Analysis:

  • Lead the analysis of product performance metrics to assess the effectiveness of product strategies.
  • Provide insights and recommendations for product improvements or strategic pivots based on data-driven analysis.

Cross-Functional Collaboration:

  • Work closely with sales, marketing, and R&D teams to ensure cohesive strategy execution and alignment with broader business objectives.
  • Facilitate communication and collaboration across departments to foster a unified approach to product strategy.

Leadership and Team Development:

  • Build and lead a high-performing product strategy team.
  • Mentor and develop team members, fostering an environment of continuous learning and innovation.

Stakeholder Engagement:

  • Engage with key internal and external stakeholders to communicate product strategies and gather feedback.
  • Ensure that product development initiatives are aligned with stakeholder expectations and business goals.

Risk Management and Compliance:

  • Identify and mitigate risks associated with product strategies.
  • Ensure compliance with industry regulations and standards in product development and strategic partnerships.
Requirements

Generic Skills

  • Good written and oral communication ability
  • Sound administrative ability
  • Strong Project Management Skills
  • Action planning, Analytical mindset and strong problem-solving capabilities

Required Knowledge, Skills and Abilities

  • Experience in product design and building from scratch
  • Strategic planning and advanced leadership skills
  • Strong people skills
  • Able to relate with top-level management
  • Strong interpersonal and communication skills and the ability to work effectively with other business unit executives
  • Knowledge and understanding of the strategic direction of FSDH Group
  • A broad understanding of computer systems, applications and operating systems in the context of Asset Management operations
  • Ability to identify, understand and translate current/future trends and developments in product development space and distill opportunities for the Organisation.

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