Purpose of the job
The Products Analyst will be responsible to prepare, measure, asses and interpret the Bank’s products’ offering, comparing them against competitor offerings and matching them with market trends and demand. A key element of this role is the effective utilization of database analysis programs to provide timely results and recommendations. The Product Analysts monitors products performance and recommends modifications to meet sales forecasts.
Key Accountabilities not limited to:
- Assess using pre-defined metrics e.g. cross-sell, performance against B/S and P&L and highlight variations and trends;
- Submit Weekly/Monthly/Quarterly broken down product performance of each BU against set KPIs;
- Work hand in hand with BI Department for relevant report creation.
- Work with various Commercial Division teams to improve the usage of existing products and understand customer needs
- Evaluate products and forecasts performance
- Provides recommendations on product launch strategies
- Generates reports and presentations on results findings
- Monitors bank-wide products performance and provide recommendations
- Responsible for analyzing market data, trends, and behaviors
Experience
- Minimum of 3 years’ experience in reporting and in business analysis, preferably in a financial institution.
- Ability to plan, organize, monitor and evaluate business performance in relation to set objectives
- Ability to coach and train staff under minimal supervision
- Ability to develop strong internal relationships to support the successful servicing of customers and the delivery of sales targets
- Proven experience as a collaborative team player
Qualifications
