DescriptionJob title :Product ManagerJob grade:Vice PresidentBusiness area:Retail and Business BankJob type (middle, back, front):MiddleRole this role reports to:Head of Business UnitNumber and level of direct reports : 0 - 3Risk Category for Anti-Money Laundering: BasicRisk Category for Sanctions:SpecialistRisk and Control objective:Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Policies and Policy Standards.Understand and manage risks and risk events (incidents) relevant to the role.Special categories:FAIS (Please complete FAIS Addendum if this is selected) : NoHigh Risk :NoCritical Role (Succession plan required) : YesPersonal Account Trading monitor required:NoClient-facing role: NoOverall job purposeAccountable for the product design, development, deployment and management of the respectiveProduct Portfolio.To enable the fulfilment and implementation of the respective value propositions and ongoing implementation and management of new and existing products in the respective Product Portfolio.Key accountabilitiesAccountability:Product Design and DevelopmentProvides the design and development of new and existing products, taking to market and run of compelling and commercially viable product propositions spanning the product lifecycle;Drives innovation around the product development and management cycle.Prepare business cases for new product developments.Manage marketing collateral of wealth-owned banking and credit products.Responsible for the operational query resolution on all aspects of the respective Product portfolio relating to product propositionsAccountability:Product ManagementCollaborates with the respective stakeholders in ensuring that Product value propositions seamlessly integrate into segment and sector value propositions to support "golden baskets" and enable the acquisition and retention of customers in specific segments and sectors to support the targeted commercial and customer shapes.Management and coordination of activities relating to roll out of new products and product enhancements.Responsible for updates and change of product and process documentation.Provides exception reporting on rate and fee deviations and revenue leakage in maintaining key product performance indicators for the respective Product portfolioImplementation of new product or changes to existing products into the business.Manage specific product back-book and clean-up initiativesLeverages the Pricing team for implementation of annual re-pricing processes, maintaining pricing tables drafting of communication and related marketing material.In collaboration with the Pricing team conduct annual (bi-annual) review of Product pricing and recommends pricing guidelines to ensure market competitivenessProvide recommendations for the review cycle of pricing changes and communication thereof.Accountability:ControlTo ensure optimal and compliant control environment within the respective Product Portfolio that appropriately balance risk appetites and customer demand with the need to grow to achieve the financial ambitions and balance sheet aspirations of RBB.Accountability:Stakeholder ManagementResponsibility for service monitoring from product providers and monitors client experience with particular emphasis on banking products.Ensures service delivery is in line with SLA's.Drive interaction with all relevant Infrastructure areas across the business in addressing product management requirements and priorities.Drive relevant communication related to product changes or new product implementations.Participate in Group-level activities and forums that impact the resp#J-18808-Ljbffr