Manager Product – Asset (Lending Products)

Department: Business BankingReports To: Head Product Development & ResearchJob Grade: AVPTotal Positions: 01Job Location: Head Office, IslamabadWhat is Manager Product – Asset (Lending Product) - MMBL?Manager Product – Asset is responsible for developing & managing Asset (lending) products, especially EMI, ensuring competitive pricing & driving product performance.The role involves strategic planning, product development, coordination with sales team & other stockholders, marketing initiatives & revenue optimization. What Manager Product – Asset ( Lending Product) does - MMBL?Product Development & Management:Develop & enhance Asset / Lending banking products (Secured/unsecured) based on market research & customers insight. Ensure product offering align with business goals & regulatory requirements. Improve customers experience by introducing innovative feathers and digital banking solutions. Introduce customized product solutions tailored to customers segments. Pricing & Budgeting:Develop competitive pricing strategies for Asset (lending) products especially EMI based, and to optimize revenue, profitability and market share.Monitor interest rate trends & recommend adjustments to manage the product costing. Prepare & maintain annual product budgets, forecasting revenue & profit growth.Business Development & stakeholders Coordination:Work closely with the sales force & other stakeholders to provide product trainings, sales strategies and market insights.Monitor product performance in the market and develop key product performance metrics Develop incentive structure to drive sales effectiveness.Liaise with IT, risk management, finance & operation teams to enhance product delivery. Strive for digital solutions & digital transformation initiatives for Asset product offerings. Marketing & Campaign Management: Collaborate with the marketing team in promoting marketing campaigns for Asset & SME products.Leverage digital channels, branch networks & partnerships for products visibility.Conduct competitor benchmarking to refine products marketing strategies. Develop incentive structure to drive sales effectiveness.Compliance & Risk Management: Ensure all asset (lending) products comply with regulatory guidelines. Assess risk associated with pricing, customers retention & market fluctuations. Manage risks related to collateral management Other task assigned by line managerWhat are we looking for and what does it require to be Manager Product – Asset (Lending Products)?Required Qualification & Experience:Experience in asset & SME (EMI based) relevant product development with banking sector is highly preferable Minimum 5-year experience in product development & management, with prime work in asset i.e. Lending banking product launches, innovation, improvementsMinimum Bachelor degree in Business Finance or related fieldEssential Skills Strong analytical skillsPricing & budgeting skillsProficient in MS OfficeExcellent leadership & cross-functional coordination capabilities Ready for mobilityAbility to work under pressureAbout MMBL:Mobilink Microfinance Bank Ltd. (MMBL) is a leading financial institution providing comprehensive banking services to over 42 million registered users, including more than 16 million monthly active customers across Pakistan. Leveraging a hybrid model that integrates traditional microfinance with cutting-edge mobile and digital banking technologies, MMBL operates with a robust network of over 100 branches and 200,000 branchless banking agents.The bank offers a wide array of financial services through a USSD (GSM) based digital platform, including savings accounts, microenterprise (MSME) loans, small housing loans, remittances, utility bill and loan installment collections, mobile wallets, insurance, G2P, B2B, and B2P payments. These services position MMBL as a key player in advancing financial inclusion across the country.At MMBL, fostering a positive, equal and productive workplace is a priority, underpinned by core values that emphasize innovation, entrepreneurship, teamwork, collaboration, and a steadfast commitment to a customer-centric approach in every aspect of our business.Why Join MMBL?This position offers a unique opportunity for a self-driven, professional and passionate individual to create a meaningful impact and driving transformative change. As part of our team, you will contribute to empowering millions with the tools and resources needed to thrive in the digital age. We are seeking a talented individual eager to make a difference and play a pivotal role in our mission of innovation and progress.