07 Oct
|
Mashreq
|
Mumbai
Job Purpose
The primary objective of the role is to build Cash Management product suite as part of Mashreq’s expansion in India (both onshore and GIFT city). The role will be required to create the platform, build commercial readiness and deliver market share in a competitive suite of cash management products to Mashreq’s corporate and FI clients in India. The role will develop capabilities across Account Services, Payments, Collections & Liquidity Management products. The role will work closely with Channels, Operations, Technology and Program Management office during the roll-out phase.
Key Result Areas
• Drive Overall Financial Performance – drive the overall financial performance of cash management products by launching recent products and driving initiatives for existing products to grow volumes and liabilities whilst establishing strategies to optimize fee pricing, Funds Transfer Pricing (FTP) and Net Interest Margins (NIMs). Work with Technology and Operations to digitise processes and lower costs
• Develop the Product Strategy – work with the product management team to develop a comprehensive strategy for all cash management products by clearly defining the market landscape and drivers, core product proposition, target market and client segments, addressable market size, projected share of wallet and associated volumes/revenues, competitor capability assessment, product development roadmap, and commercialization strategy
• Drive Product Innovation – establish processes and checkpoints to ensure your team identifies prospects to develop new products and enhance existing products based on market/sales feedback, client needs and/or regulatory changes. Prioritize the development pipeline based on a sound commercial assessment of each prospect and review the quality of investment plans before the team seeks formal approvals. Constantly review the Minimum Value Proposition (MVP) for the product set against each target segment as well as defining the future ro
📌 Vice President, Cash Management Product Mumbai
🏢 Mashreq
📍 Mumbai