Personal Finance Products Manager

Personal Finance Products Manager – Drive Innovation and Growth in Lending Solutions

Are you a strategic thinker with a passion for shaping cutting-edge financial products that empower customers while driving business success? We are seeking a dynamic and results-driven Personal Finance Products Manager to join our Wealth & Personal Banking team in Riyadh, Saudi Arabia. In this pivotal role, you will lead the design, development, and launch of innovative lending products tailored to meet evolving consumer needs while ensuring alignment with market trends, regulatory requirements, and organizational goals.

As the Personal Finance Products Manager, you will play a central role in transforming conceptual ideas into high-impact product offerings that enhance customer value and drive profitability. Your expertise will be instrumental in fostering cross-functional collaboration, ensuring seamless execution, and delivering data-driven insights that inform strategic decision-making.

Key Responsibilities:

• Strategic Product Development: Conduct in-depth analysis to evaluate the performance, revenue, and profitability of existing lending products against established business plans. Leverage consumer insights, competitive benchmarks, and market trends to design innovative lending solutions that expand our customer base and strengthen market positioning.
• Product Innovation and Value Proposition: Translate consumer needs and market opportunities into compelling product specifications, features, and value propositions. Ensure that each new offering is aligned with both customer expectations and business objectives, delivering measurable value to stakeholders.
• Stakeholder Collaboration: Engage closely with key stakeholders across Customer Relationship Management, Marketing, Retail Banking, Wealth Management, Legal, and Risk teams. Facilitate regular meetings to gather actionable data on consumer requirements, economic trends, and competitor dynamics, ensuring a holistic understanding of the internal and external landscape.
• Cross-Functional Leadership: Lead and coordinate cross-functional teams—including IT, Branches, Marketing, Legal, and Risk—to execute product development plans. Oversee implementation strategies, marketing initiatives, legal compliance, and risk management to ensure smooth product rollout and adherence to regulatory standards.
• Training and Change Management: Develop comprehensive training manuals, sales enablement tools, and support materials to ensure all teams—from frontline staff to executives—can effectively communicate and deliver the product’s value proposition. Foster a culture of product awareness and adoption across the organization.
• Marketing and Demand Generation: Collaborate with Marketing teams to design and execute targeted campaigns that drive customer acquisition, retention, and engagement. Provide product-specific insights to optimize marketing strategies, ensuring alignment between messaging and business outcomes.
• Commercial and Operational Excellence: Work in tandem with Senior Management to refine commercial service descriptions for new lending products, ensuring they meet profitability targets while maintaining cost-efficiency. Align product development with broader business strategies to maximize ROI.
• Partner and Vendor Management: Identify and evaluate strategic partners to support product launches, promotions, and operational needs. Leverage external expertise to enhance product offerings and ensure timely market entry.
• Performance Reporting and Analytics: Prepare and present accurate, timely reports—including weekly, monthly, quarterly, and ad-hoc MIS—to support data-driven decision-making. Monitor key performance indicators (KPIs) to track progress, identify trends, and recommend actionable improvements.

Role Requirements:

We are looking for a candidate with a proven track record in Personal Finance Product Management, equipped with the technical acumen and strategic vision to drive impactful change. Ideal candidates will possess:

• 5+ years of experience in Personal Finance Product Management, with a strong focus on lending products in the banking or financial services sector.
• Deep technical expertise in personal banking products, including loan structures, credit risk assessment, and financial modeling. Familiarity with regulatory frameworks governing lending products is a must.
• Bachelor’s degree in Finance, Economics, Business Administration, or a related field. Advanced degrees or certifications (e.g., CFA, PRM, or relevant banking certifications) are a significant advantage.
• Strategic and analytical mindset with the ability to interpret complex data, identify market opportunities, and develop data-backed product strategies.
• Exceptional leadership and collaboration skills to drive cross-functional teams, align stakeholders, and navigate ambiguity in a fast-paced environment.
• Strong communication and presentation abilities to articulate product vision, train internal teams, and engage with external partners.
• Proactive problem-solving and a results-oriented approach to overcoming challenges and delivering on business objectives.

Join our team and take ownership of shaping the future of lending solutions in Saudi Arabia. Your expertise will not only drive innovation but also create lasting value for our customers and the organization. If you are ready to make a meaningful impact, we invite you to apply and be part of our journey toward financial excellence.