SME s Product Development Manager

The Micro, Small & Mediu...

Key Responsibilities:

• Analyze gaps in existing financing products and assess market needs and target segments to identify opportunities for designing new products or enhancing existing ones in support of MSMEDA s financing strategy.
• Design new financing products by developing a comprehensive framework covering financing terms, eligibility criteria, disbursement and monitoring mechanisms, and collateral requirements, in coordination with relevant departments.
• Review and update lending policies and procedures for existing products to ensure compliance with regulatory and donor requirements.
• Coordinate financing product development activities with central credit departments, risk management, banking relations, and relevant MSMEDA branches to ensure feasibility and clarity of implementation mechanisms.
• Assess expected growth, risk levels, operational feasibility, and product life cycle, and develop key performance indicators (KPIs) to measure product success prior to submission to the relevant approval committees.
• Monitor and evaluate the performance of financing products post-launch through data analysis, utilization indicators, and portfolio quality, and recommend necessary adjustments to enhance product efficiency or address deviations.
• Review financing terms stipulated in agreements with donor entities and ensure their full integration into product design and structuring, as well as full compliance during implementation.
• Prepare operational manuals, templates, and product guidelines to ensure proper application and adherence to approved controls.
• Organize workshops and training sessions for credit departments and regional offices to introduce new products, explain operating mechanisms, and clarify specific requirements.
• Collaborate with the Information Systems Department to ensure electronic systems are aligned with financing product updates and linked to required performance indicators.

Skills & Competencies:

Technical Skills:

• Financing Product Development
• Market Research and Customer Needs Analysis
• Financing Product Performance Evaluation and KPI Development

Soft Skills:

• Effective Communication
• Analytical Thinking
• Project Management
• Decision Making
• Leadership and Influence