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| POSITION DESCRIPTION | BANKING & FINANCE INDUSTRIES OCTOBER 2008 |
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Product Development - Level 1 |
| Position Code: | 163 | | Career Level: | 2 |
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Responsible for
Identifying and developing opportunities for new and existing investment Products and services under the direction of more senior staff. |
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Reports To
Head of Product Development, Marketing and Sales Manager, or Chief Executive. |
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Supervises
No supervisory responsibilities. |
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Main Activities
Reviewing and refining competitive intelligence to identify new Product ideas and opportunities under the direction of senior staff.
Liaising with relevant staff such as, sales and client services to define customer needs and demands for new Products.
Assisting with the generation of new Product ideas.
Participating in the evaluation of new Product ideas and development of comprehensive proposals and business plans for the most promising.
Assisting to attain internal support and buy-in for Products being created throughout the Development process.
Developing and executing plans to obtain acceptance and transition of Product Managers during the launch phase under direction.
Participating on project teams with responsibility for Developing and launching new Products with approved business plans.
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Key Skills
Developing knowledge of relevant financial products and industry trends.
Strong communication and presentation skills.
Creative, innovative and analytical.
Sound sales and marketing skills.
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Internal Contacts
Sales Staff, Marketing Staff, Client Services, Portfolio Managers, Technology Staff. |
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External Contacts
Customer Advisory Groups. |
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Typical Experience
2 - 5 years relevant financial industry experience, coupled with relevant tertiary qualifications. |
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