Job Title: Product Development Specialist
Job Classification: Technical
Job Summary: Responsible for creating and improving the bank's products.
B.
Duties and Responsibilities
Market Research: Conduct market analysis to identify
customer needs and trends.
Analyze competitor products
and identify gaps in the market.
Product Design and Development: Collaborate with
cross-functional teams (engineering, marketing, sales) to
develop new products.
Create product specifications,
prototypes, and testing procedures.
Project Management: Manage product development
projects from conception to launch.
Develop timelines
and coordinate resources to ensure timely delivery.
Testing and Quality Assurance: Conduct product testing
to ensure quality and compliance with standards.
Gather
feedback from customers and make necessary
adjustments.
Documentation: Maintain records of product
specifications, test results, and changes.
Collaboration: Work closely with marketing and sales
teams to develop product positioning and launch
strategies.
Provide training and support to sales staff on
new products.
Cost Analysis: Analyze product costs and work on
strategies to optimize profitability.
C. Supervisory Responsibilities:
Supervises the following
positions:
D. Working environment/conditions:
No.
of hours of work per week: 8:00AM – 5:00PM (8 hours)
Driving: As Needed
Nature of Work Environment: Office Based
May travel for marketing research, meet with clients
E. Qualification Standard
Education: Bachelor's degree in Business, Marketing, Engineering, or a related field.
Work Experience:
? Experience in product development or project management.
Training Requirements: ? Product Design and Development
? Project Management
? Market Research
Competencies Required:
? Proficient in project management software and tools.
? Knowledge of design software and product testing
methodologies.
? Strong attention to detail and organizational skills.
? Strong analytical and problem-solving skills.
? Excellent communication and teamwork abilities.
? Familiarity with market research and product
lifecycle management.