Product Manager; Retail Liabilities
NMB Bank Plc | Head Office, Hq
Position
Company
NMB Bank Plc
Location
Head Office, Hq
Job Purpose
To support the development, performance management, and continuous improvement of NMB's retail liabilities product suite and segment-based proposition.
Main Responsibilities
Support the design, enhancement, and lifecycle management of retail liabilities products, including savings accounts, current accounts, investment products, and digital micro-wallets.
Contribute to the development and refinement of segment-based propositions, ensuring products are tailored to the needs of distinct retail customer groups.
Monitor product performance against targets, analysing uptake, balance, attrition, and profitability, and recommend corrective action where required.
Conduct market and competitor analysis to identify opportunities for new products or enhancements to existing ones.
Work with Marketing, Channels, Risk, Compliance, and IT teams to plan and execute product enhancements, launches and campaigns.
Prepare product papers, business cases, and pricing recommendations for review and approval.
Ensure all liabilities products comply with Bank of Tanzania regulations and internal policies.
Support the preparation of management reports, dashboards, and presentations on portfolio performance.
Gather customer and frontline feedback to inform product refinements and service improvements.
Assist in tracking and resolving system or process issues affecting product performance.
Knowledge and Skills
Sound understanding of retail banking products, particularly savings, transactional accounts, and digital financial services.
Strong analytical skills, with the ability to interpret data and translate it into actionable recommendations.
Good commercial awareness and understanding of customer segmentation principles.
Effective report writing, presentation, and stakeholder communication skills.
Working knowledge of the Bank of Tanzania regulatory framework and the National Financial Inclusion Framework is an added advantage.
Proficiency in MS Office, particularly Excel and PowerPoint; familiarity with data analysis tools is an advantage.
Qualifications and Experience
Bachelors degree in Business Administration, Banking, Finance, Economics, Marketing, or a related field.
A relevant Masters degree or professional certification is an added advantage.
At least 3 years experience in product management, retail banking, or a related commercial role within financial services.
Demonstrated experience working with cross-functional teams to deliver products or proposition outcomes.
NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender balanced workforce.
Female candidates and people living with disabilities are strongly encouraged to apply for this position.
NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.
Only shortlisted candidates will be contacted.
How to approach this opportunity
Before applying for Product Manager; Retail Liabilities, review the requirements carefully, tailor your CV to the role, and follow the instructions shown in the advert.
- Identify 2-3 requirements from the advert and make sure they are clearly visible in your CV, cover letter, or application message.
- Prepare a short application message that mentions the exact job title and why you fit the role.
- Keep your phone and email active after applying so you do not miss interview or assessment updates.
Tailor your CV before applying
For Product Manager; Retail Liabilities at NMB Bank Plc, align your CV with the location and role context: Head Office, Hq.
Questions to prepare for
Before interviewing for Product Manager; Retail Liabilities - NMB Bank Plc, Head Office, Hq, prepare short answers backed by real examples from your experience.
Why do you think the Product Manager; Retail Liabilities role is a good fit for you?
Which of your skills best match this position?
Give an example of an achievement or work challenge you solved.
How would you contribute to the organization if selected?
Which requirement in this advert best matches your experience, and what proof can you share?
How do you organize your work and deliver results within deadlines?
View sample application letter Dynamic draft tailored to this job post. Edit it before sending.
Refer to the letter heading above, I am writing to apply for the Product Manager; Retail Liabilities position at NMB Bank Plc. After reviewing the advertised requirements, I believe my skills, experience, and commitment to professional results make me a strong candidate for this opportunity.
My background has prepared me to contribute effectively in nmb careers. I can bring relevant experience, strong attention to detail, and the ability to work responsibly with teams, clients, and organizational priorities. In tailoring this application, I would highlight evidence related to Bachelors degree in Business Administration, Banking, Finance, Economics, Marketing, or a related field. A relevant Masters degree or professional cer....
I am especially interested in this role because it aligns with responsibilities such as Support the design, enhancement, and lifecycle management of retail liabilities products, including savings accounts, current accounts, investment products, and digital m.... I am confident that my ability to learn quickly, communicate clearly, and deliver dependable work would support the goals of the organization.
I have attached my CV and supporting documents for your review. I would appreciate the opportunity to discuss how my qualifications match this position.
Thank you for considering my application.
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