banking jobs in UAE | United Arab Bank careers

United Arab Bank announced, through its Linkedin account, a bank job in UAE (Manager, Retail Product Development - Islamic Banking) according to the following:

• Market insight - Provide competition mapping versus other Islamic banks/Windows in the market. Understand emerging trends and create products / services accordingly

• Development of New Credit / Debit or Prepaid product as per UAB’s Retail Banking Plan

• Product propositioning – Create a compelling proposition for Islamic Banking Retail products.

• Value proposition – Develop the value to customers to enhance the Islamic Retail products.

• Product branding – Work with the marketing team to enhance the brand value of the Islamic Banking Retail products. 

• Product bundling – Create a product mix that effectively reflects the bank’s target market.

• Deliver on profit & loss by Islamic Banking products

• Support Sales / Branches / Call Center with periodical product training

• Ensure proper compliance to Sharia guidelines of Internal and external Regulators 

• Drive the Islamic Banking Retail product strategy, with new product launches to address current product gaps in the product hierarchy.

• Maximize the profitability of the retail product portfolio whilst minimizing risk exposure/Non Sharia Compliance risks.

• Continually reviewing existing product range, processes and sales channels to ensure Islamic Retail products are aligned to our desired target segments.

• Ownership of the retail Islamic products drivers and financials including the P&L to maximize product profitability 

• Development of the retail product plan including product developments to ensure Islamic Banking Products are best in market.

• Oversight and liaison with Risk and credit department to monitor policy and delinquency

• Understanding, overview and re-engineering of key processes to ensure that the product is cost efficient and customer centric.

• Ensure that the Portfolio operates within Bank Operational risk parameters including product audits and compliance in line with Sharia regulations and standards.

• Post-graduate in Marketing/Finance

• 6-10 years of Islamic banking & finance experience with superior knowledge customer requirements in General Banking Segment

• Thorough Retail Banking knowledge with exposure to Islamic products.

To know more details about the vacancy and how to apply kindly check the link below:

apply from here

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