Head of Product

Client of Hire Fellows

Main Responsibilities

Strategic Leadership

• Develop and implement a comprehensive business strategy aligned with the company s mission, focusing on customer acquisition, engagement, new products, revenues lines, and retention.
• Drive initiatives to enhance the company's market position in Bahrain and develop entry strategies for new markets.

Departmental Oversight

• Product: Lead the product team to innovate and enhance digital lending solutions, ensuring alignment with customer needs and regulatory standards.
• Business Development: Expand partnerships and alliances that enhance distribution channels, bolster market penetration, and open new revenue streams.

P&L and Financial Management

• Own P&L responsibilities, ensuring revenue and profitability goals are met across all business units
• Manage and optimize department budgets to drive cost-effective growth while delivering maximum impact.

Performance Management

• Establish and track KPIs for each department, focusing on growth, cost-efficiency, product quality, and customer satisfaction.
• Evaluate performance metrics regularly, report progress to the CEO, and adjust strategies as necessary.

Growth and Market Expansion

• Identify and assess new market opportunities, conduct feasibility studies for expanding Flooss s digital lending footprint in the GCC region.
• Lead the launch of new products and features that address market demands, regulatory requirements, and consumer trends.

Risk and Compliance

• Ensure that all business activities comply with local regulatory requirements, especially regarding lending, consumer finance, and data privacy

KPIs

• Achieve budget adherence, minimizing cost overruns
• Ensure product target mix are achieved
• Monthly and quarterly user acquisition and retention targets
• Marketshare growth within countries
• Build new distribution channel and strategic partnership as per business plan