Product Development Manager

About Ahadu Bank

Ahadu Bank is driven by the commitment to inclusive financial intermediation, dedicated to broadening access to banking services for various underserved communities. The institution prioritizes designing customer-focused banking products that connect marginalized groups with contemporary financial solutions. Ahadu Bank supports sustainable economic progress by providing innovative, responsible, and accessible financial services. Joining the team means being part of a mission-oriented organization that values collaboration, integrity, and impactful social contribution in the finance sector.

Role Overview

The Product Development Manager role, located onsite in Addis Ababa, Ethiopia, entails overseeing the entire product lifecycle for banking offerings. Responsibilities span from ideation and market assessment to product launch, ongoing monitoring, and iterative improvements.

Key Responsibilities

• Conduct comprehensive market research and analyze customer requirements.
• Collaborate with departments including marketing, operations, IT, and sales to translate business needs into detailed product specifications.
• Develop business cases and plan product pricing and positioning strategies.
• Manage pilot testing phases ensuring alignment with regulatory standards and the bank’s inclusive finance objectives.
• Track product performance metrics and suggest improvement measures.
• Support sales teams by providing necessary training and product documentation.

Qualifications and Skills

• Strong analytical capabilities to assess market trends, product effectiveness, and customer insights.
• Experience in market research and research & development to identify and validate new product opportunities.
• Expertise in product management including planning, development, launch, and lifecycle oversight of financial products.
• Understanding of sales strategies and collaborative work with sales teams to drive product uptake and revenue.
• Bachelor's degree in Business, Marketing, Economics, Finance, or related fields; a master's degree adds advantage.
• Previous experience in banking or financial services, especially in product development or management, is highly preferred.
• Excellent communication, stakeholder engagement, and presentation abilities with effective cross-team collaboration skills.
• Capacity to handle multiple projects efficiently, meet deadlines, and thrive in a dynamic, evolving setting.
• Dedication to inclusive financial principles consistent with Ahadu Bank’s mission and values.