Product Manager

TERMS OF REFERENCE

POSITION INFORMATION

Post title: Product manager

Duty station: Yaoundé, Cameroon

Reports to: General Manager

Duration of appointment: 3 years renewable contract upon yearly assessment

Probation Period: 3 months’ probation period with the possibility of extension

Language required: English and French.

Expected start date: As Soon as Possible

About Prima MFI

Prima Finance & Investment Plc is a growing microfinance institution (MFI) in Cameroon with the mission to provide sustainable financial services to the poor to help them work their way out of poverty. To achieve this, we offer products and services – Savings, Insurance, Money Transfer, Payments, Loans, and Education (SIMPLE). The company specializes in offering innovative financial services to those who have traditionally been excluded from the formal financial services sector in the country. These are usually the poor and very poor, self-employed, small business owners, and community organizations who lack the finance to grow their businesses or for other investments. Thanks to our state-of-the-art technology and our strong management team, Prima Finance & Investment Plc offers services that surpass those of many other MFIs in Cameroon.

JOB DESCRIPTION

The Product Manager is responsible for every productplanning and execution throughout the ProductLifecycle, including gathering and prioritizing productand customer requirements, defining the productvision, and working closely with every other department involved to support and ensure revenue and customer satisfaction. 

KEY RESPONSIBILITIES• Manage from concept to design, sample production, testing, forecast, cost, mass production, promotion, support, and finally, product end of life.• Delivers the operating plan: the achievement of growth objectives including market share, revenue, profit, and return on investment for all the channels/categories of business and/or key customers.• Responsible for managing and implementing marketing activities through research, strategic planning, and implementation.• Understanding and representing user needs.• Monitoring the market and developing competitive analyses.• Defining a vision for a product.• Aligning stakeholders around the vision for the product. • Prioritizing product features and capabilities.• Conduct market research • Set up service platforms. • develop and pilot a digital solution for digitizing payment.• Develop financial product(s)s and services.• Develop a credit scoring tool.• Develop a tailored e-training on digital finance.• Creating a shared brain across larger teams to empower independent decision making.

SKILLS AND QUALIFICATIONS• Must be transparent about your prioritization and roadmap process.• Must be able to say “no,” but explain why in terms that stakeholders understand.• Should be able to bring evidence-based decision-making to your communication.• Must have a general Understanding of Data.• Must be a Strategic Thinker.• Basic Business skills is a must have.• Design and User Experience Knowledge is a must have.• An excellent communicator.• Must be a professional negotiator.• Must have at least a bachelor’s degree in Finance, digital banking, business or a related field• Work experience 2 to 4 years as a product management or related with good track record.

Closing date: 17/03/2022

APPLICATION FILE

C.V and a cover letter to be sent only by mail to the address:recruitment@primamfi.com

Specify in the subject the position concerned (failure to do so, your application will be disqualified)