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Product Innovation Strategist

2 weeks ago

Randburg, Gauteng, South Africa Access Bank Plc Full time

Job Overview


The Product Innovation Specialist plays a pivotal role in driving Access Bank South Africa's growth by creating, developing, and implementing new financial products and services. This innovative professional identifies market trends, customer needs, and competitive gaps to enhance the bank's product portfolio.


This strategic position focuses on collaborating with cross-functional teams to ensure successful product launches and continuous improvement. By staying abreast of emerging technologies and digital platforms, the Product Innovation Specialist creates innovative solutions that set Access Bank apart from competitors.



Responsibilities

  • Lead the ideation, design, and development of new products and services that align with customer needs and market opportunities
  • Conduct market research to identify trends, gaps, and competitive products, providing insights that will shape product innovation strategies
  • Develop product roadmaps and manage the product lifecycle from concept to launch, ensuring timely and successful execution
  • Create innovative solutions that leverage technology, digital platforms, and partnerships to enhance Access Bank's product portfolio
  • Collaborate closely with cross-functional teams to ensure successful product launches and continuous product improvement


Requirements

Bachelor's degree in finance, economics, information systems, accounting, or a related field


3-5 years of experience in product innovation, market research, or product development in the banking or fintech sectors



  • Innovation & Creativity: Ability to think outside the box and design unique products that set Access Bank apart from competitors
  • Market Analysis: Expertise in identifying market trends, customer needs, and competitive gaps that drive product development
  • Project Management: Strong organizational skills to manage multiple product development projects simultaneously, with attention to timelines and budget
  • Collaboration: Ability to work cross-functionally with diverse teams and lead collaborative efforts in product development
  • Customer Focus: Deep understanding of customer behavior and needs, with a focus on delivering solutions that enhance customer satisfaction
  • Analytical Skills: Strong data analysis skills to evaluate product performance, identify improvement areas, and make data-driven decisions
  • Communication Skills: Excellent verbal and written communication skills to present ideas, proposals, and reports to stakeholders
  • Technology Savvy: Understanding of digital platforms, emerging technologies, and how to leverage them for product innovation in banking
  • Entrepreneurship