The Bank of Jordan is looking for a dynamic and experienced CIB Product Development Unit Manager to join our Corporate and Investment Banking (CIB) team. In this role, you will be responsible for leading the development and management of a diverse range of investment banking products tailored to meet the needs of our corporate clients.
Your expertise in financial markets combined with your innovative mindset will be crucial in designing competitive products that align with market trends and client demand. As a key player, you will collaborate with various departments to ensure that our product offerings are comprehensive, effective, and meet the highest standards of quality and compliance.
Responsibilities:
- Lead the CIB Product Development Unit, overseeing the design, development, and launch of new products and services
- Conduct market research and analysis to identify opportunities for new product offerings and enhancements to existing products
- Collaborate with relationship managers and key stakeholders to understand client needs and integrate those needs into new product designs
- Ensure that all developed products comply with regulatory standards and internal policies
- Develop pricing strategies and economic models for new products to ensure profitability while remaining competitive
- Monitor the performance of existing products, providing recommendations for improvements and adjustments, as necessary
- Lead cross-functional teams in product implementation and ensure effective communication throughout the project lifecycle
- Prepare and deliver presentations to senior management on new product initiatives and results
- Stay updated on industry trends and innovations to continually enhance the bank's product offerings
- Manage vendor relationships to ensure timely and cost-effective delivery of services and products
- Oversee product testing and quality assurance to ensure products meet the highest standards of performance and security
- Prepare detailed Business Requirements Documents (BRDs) and ensure alignment with business objectives
- Review Integrated Product Assurance Documents (IPADs) to ensure compliance with internal and external standards
Train and mentor junior staff, fostering a culture of continuous learning and development
Requirements
- Bachelor's degree in finance, economics, business administration, or a related field; an MBA or relevant advanced degree is preferred
- At least 7 years of experience in product development or management within the corporate and investment banking sector
- Strong understanding of corporate banking products, financial markets, and investment strategies
- Proven experience in managing product development projects from concept to launch
- Excellent analytical skills and the ability to translate market insights into actionable strategies
- Strong leadership and team management skills, with the ability to foster collaboration across departments
- Effective communication and presentation skills; ability to interact confidently with stakeholders at all levels
- Demonstrated ability to think strategically and approach problems with innovative solutions
- Strong project management skills with a focus on delivering results within deadlines
- Ability to thrive in a dynamic and fast-paced environment
- Experience in vendor management and ensuring quality deliverables
- Proficiency in product testing and quality assurance processes
- Expertise in preparing and reviewing BRDs and IPADs
- Commitment to training and developing junior staff