PRODUCT MANAGER, TB PRODUCTS DEVELOPMENT - TRANSACTION BANKING AT FIRST BANK OF NIGERIA LIMITED (FIRSTBANK)

About Company:

First Bank of Nigeria Limited (FirstBank) is Nigeria's largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

We are recruiting to fill the position below:

Job Description:

• Define strategy for products based on overall direction of the bank
• Define product budget /target and ensure realization in collaboration with sales specialists and relationship managers
• Elaborate recommendations and ensure implementation and efficiency
• Define targeted market shares, sales forecasts and profitability objectives
• Constantly adapt to the evolution of the market, detecting and studying the potential opportunities to create a new product and/or ensure the adaptation of current products
• Obtain market intelligence reports and advise sales leads to technical sales specialists
• Oversee collection of information directly or indirectly related to all products to propose areas of development (market analysis, evolution, competitors’ activities, etc.
• Manage relationships with key partners
• Workforce training on product usage 
• Regular benchmark TB offerings of other banks to ensure competitiveness
• Periodically analyze product performance by customer segment/location/BU etc and take appropriate action
• Work closely with Sales teams, Information Technology team and Operations to develop and enhance products
• Assess demand in the market for products to determine the need to develop or enhance products
• Plan out how to efficiently roll out and implement product schemes
• Support Product Sales when announcing new changes in products
• Conceive products in relation with Risk, Finance, Operations, Legal and Compliance Units.
• Work with marketing team to define most suitable media plan (type of media, period, frequency, etc.) to create awareness of new and existing products
• Monitor product performance periodically and provide performance report to management based on results obtained vs. targets.
• Oversee analysis of results of launching new product/development
• Follow-up on relevant indicators (e.g. turnover, pricing, market share, etc.
• Ensure team has necessary skills and knowledge required for current and future needs
• As part of the Bank’s Information Security requirements, maintain the security of all Information entrusted to the staff and comply with the principles and policies in the Information Security Handbook.

Requirements:

Education:

• Minimum Education: First Degree in any related discipline. MBA or advance degree equivalent in Business administration, Finance or related field is an added advantage.

Experience:

• Minimum of 5 years experience in banking  with significant experience in Product Management and Design.

Salary

Application Closing Date: 17th September, 2025

Application Instructions:

CLICK ON THE LINK BELOW TO APPLY