Associate Vice President, Product Manager Rak Bank

Employer Active

Posted on 13 Oct

Experience

5 - 9 Years

Education

Bachelor of Business Administration(Management)

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

What You'll Be Doing:

  • Support the Head of Unsecured Assets in shaping and executing the unsecured lending strategy.
  • Develop a forward-looking roadmap aligned with customer needs, market trends, and regulatory requirements.
  • Execute initiatives that drive digital adoption, growth, and profitability.
  • Set and manage pricing strategies, credit limits, and pre-approved offers.
  • Collaborate with Risk and Credit teams to balance competitiveness with risk appetite.
  • Monitor and optimize funnel performance across acquisition, drop-off, and conversion.
  • Lead design and rollout of end-to-end digital lending journeys (e.g., STP, automation).
  • Partner with analytics teams to implement data-driven improvements.
  • Drive commercialization through digital marketing and personalized offers.
  • Work with sales and distribution teams to boost product adoption.
  • Provide training and insights to enhance sales effectiveness and digital conversion.
  • Collaborate with Marketing on integrated campaigns to maximize acquisition and ROI.
  • Monitor portfolio performance for growth, yield, and risk-adjusted returns.
  • Drive retention, cross-sell, and lifecycle initiatives.
  • Enhance digital customer experience, measured by NPS and complaint reduction.
  • Ensure compliance with UAE Central Bank regulations and internal policies.
  • Own the RCSA for unsecured products.
  • Proactively manage product, operational, and fraud risks, internal policies.
  • Proactively manage product, operational, and fraud risks.

Desired Candidate Profile

What we're looking for:

  • Bachelor s degree in Business Administration, Finance, Marketing, or related field. MBA preferred.
  • 5 7 years in retail banking, ideally with UAE personal loan exposure.
  • Proven success in product management, pricing, risk, or digital lending.
  • Strong digital orientation and data/analytics capabilities.
  • Experience with regulated products and credit frameworks.
  • Customer-Centric Mindset: Passion for digital-first customer journeys.
  • Commercial Acumen: Understanding of unsecured lending profitability drivers.
  • Digital & Data: Skilled in funnel analytics, A/B testing, and transformation.
  • Risk Awareness: Knowledge of credit policy and fraud management.
  • Collaboration: Ability to influence across functions.
  • Communication: Strong stakeholder engagement.
  • Initiative: Proactive and innovation-driven.

Department / Functional Area

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