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Product Manager - Global Transaction Banking

Job in Muscat, Oman
Listing for: National Bank of Oman
Full Time position
Listed on 2025-12-07
Job specializations:
  • Business
  • Finance & Banking
Salary/Wage Range or Industry Benchmark: 10000 - 15000 OMR Yearly OMR 10000.00 15000.00 YEAR
Job Description & How to Apply Below

Job Purpose

  • Coordinate the planning, development, introduction, and oversight of product programs for Transaction Banking, including Trade Finance and Cash Management, aligning with the broader GTB strategy.
  • Contribute to the business case development for investments in digital and traditional product programs, following the direction set by the GTB leadership.
  • Craft and execute commercialization tactics and promotional activities to increase product visibility and support the team in meeting revenue goals.
  • Facilitate the RFP process and collaborate with interdisciplinary teams to select the best vendors/suppliers for TB solutions that align with the GTB product strategy.
  • Engage with corporate clients to deliver tailored solutions that enhance the value proposition, leading to a competitive edge and revenue growth for the department.
  • Update and refine GTB’s product policies and offerings to maintain compliance with risk management and regulatory standards.
Key Tasks and Duties
  • Develop and modify transaction banking products, focusing on service delivery and channel optimization.
  • Introduce innovative solutions to attract liquidity, build trade assets, enhance customer experience, and simplify channel usage.
  • Implement strategies to increase adoption of web-based services and improve digital experience.
  • Stay informed about market insights and developments, aligning our approach accordingly.
  • Review, enhance, and create policies and procedures related to transaction banking products and services.
  • Collaborate with stakeholders to maintain professional service standards and achieve targets.
  • Lead in financial system integration for clients on B2B implementation.
  • Ensure financial benefits from channel enhancements are realized.
  • Continuously improve product functionality through cross‑functional coordination.
  • Maintain high customer contact, gather feedback, and enhance digital product offerings.
  • Lead complex trade implementations involving multiple products and services.
  • Provide product training for staff and business units.
  • Adhere to compliance processes and budget constraints.
  • Conduct competitor analysis and provide feedback on customer needs and improvements.
  • Foster partnerships and ecosystems to provide new capabilities and services that address evolving client needs.
  • Qualifications:

    Bachelor’s degree in Banking, Finance, Economics, Accounting, or a related field.

    Experience:

    3–5 years of banking experience in Transaction Banking product development.

    Skills required include:
    • Identify product gaps and assist in launching solutions.
    • Thorough knowledge of trade products, regulations, and cash management solutions.
    • Assist in launching and monitoring Global Transaction Banking products.
    • Knowledge of corporate banking products and functions.
    • Conduct research and analysis to align GTB products with the market.
    • Stay updated on industry trends, economic events, and regulatory changes.
    • Drive for results, accept accountability, and work under pressure.
    • Self‑starter, highly motivated, able to plan and organize with minimal direction.
    • Team player with outstanding work ethic, mental resilience, and persistence.
    • Strong computer and presentation skills.
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