Senior Product Owner, Product Development.Islamic Banking MBP.Retail Banking Group-MBPKLTD

🏢 mashreq
📍 PakistanFull-timeOn-site
📅 Posted: 3mo ago🔄 Updated: 3mo ago
CV%
✨ AI Summary
The Senior Product Owner will be responsible for growing the Islamic Banking business and product suite, ensuring digital-enabled journeys for Islamic customers. This role involves launching and managing the Islamic Proposition and Products, ensuring they are competitive and meet client needs. The Product Owner will collaborate with Shariah Compliance, Legal, and Compliance departments to secure necessary approvals. Key responsibilities include end-to-end Modaraba Pool Management, setting up systems, and ensuring compliance with regulatory guidelines. Collaboration with squads, technology, and operations teams is crucial for rolling out digital journeys and back-end infrastructure. The role also entails conducting User Acceptance Tests (UATs), product trainings, and managing Shariah Governance, Legal, and Compliance clearances. Developing product SOPs and agreements is also part of the role. The ideal candidate will have a minimum of 12 years of experience in Product, Operations, and Controls within a leading bank with an Islamic offering, possess knowledge of Core Banking/Associated Systems, and demonstrate strong analytical and problem-solving skills. A business degree or equivalent professional qualification is required.
Required Skills
Information Technology
○AI Governance
Soft Skills & Professional Competencies
○Analytical Skills○Problem Solving○Planning○Presentation Skills○People Management○Execution
Other
○Interpersonal skills○Commercial orientation○Backend support
Requirements
Minimum 12+ years of hands-on experience in Product, Operations, and Controls with a leading bank offering Islamic products. Must have knowledge of Core Banking/Associated Systems and experience working with Digital Squads. Requires strong analytical, problem-solving, planning, interpersonal, and presentation skills, with a commercial orientation and effective people management skills. Knowledge of all aspects of the marketing mix with strengths in basic product execution and backend support is also required. A business degree or equivalent professional qualification is necessary.
Description

Job Purpose

  • Responsible for working with Head Islamic Banking to grow Islamic Banking business and product suite in Mashreq Bank Pakistan ensuring fully digital enabled journeys are offered to Islamic customers across all the Digital Business verticals (NEO& NEOBIZ) and business lines – Deposits and Assets 

  • The jobholder is entrusted with launching and managing the Islamic Proposition and Products and ensure that Islamic offering is competitive and in line with clients needs 

  • Interact with the Shariah Compliance/Legal/Compliance to ensure all requisite approvals are in place for launch 

  • Responsible for end-to-end Modaraba Pool Management - Pool creation, system setups, weightages and profit rates declaration. Ensuring pool management is in line with regulatory guidelines. Dealing and managing internal and external audits and reviews on profit payouts

  • Collaborate and work with squads, technology, operations and other relevant units to rollout the Islamic front end digital journeys and bac-end tech infrastructure and operational are in place to ensure seamless launch and management of the Islamic Banking products. 

  • The jobholder is entrusted with completing and conducting the UATs on all tech upgrades/fixes/new launches with Tech/Ops for agreed rollouts and conduct the product trainings 

  • Responsible for ensuring the Shariah Governance/Legal/Compliance clearances and managing the Controls/RCSAs/Regulatory Checks for the existing & new products & features

  • Develop product DOIs / SOPs and work with internal and external stakeholders to develop Islamic product agreements. 

Assist with the implementation of policies, procedures and manuals in line with SBP regulations and internal policy requirements

Knowledge, Skills and Experience

  • Minimum 12+ years of hands-on Product, Operations, Controls, experience with a leading bank, having an Islamic offering, with knowledge on Core Banking/Associated Systems and ability to work with Digital Squads. Superior knowledge in business backend, system controls, & execution requirements with multiple stakeholders keeping in mind the strong regulatory & audit environment. 

  • Understanding of Shariah Governance concepts, and proven track record of close liaison with support/product units to ensure Shariah Governance deliverables are implemented to support regulatory checks
  • Ability to lead close critical items independently, coordinating with all the other product teams, with product teams keeping focus on customer centricity

  • Strong analytical, problem solving, planning, interpersonal and presentation skills, with an accountability on end user requirement

  • Strong commercial orientation and effective people management skills

  • Knowledge of all aspects of the marketing mix, with strengths in basic product execution and backend support,

  • Business degree or equivalent professional qualification
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🎯 Overalli74%
⚡ Skillsi85%
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Ontology Match: 85.0
Matched:✓ Requirements Matching✓ Ontology Skills Mapping
📜 Eligibilityi49%
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Local: 19600%
🏗️ Career Fiti91%
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Seniority: 91.0
📋 Requirementsi67%
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Domain: 67.0
🔥 Motivationi78%
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Title Fit: 78.00