Requirements
Master’s degree in Business Administration, Marketing, or a related field15+ years of experience in a leadership role in fintech, digital lending, or a related sectorProven success in P&L management, business expansion, and market share growthStrong background in product management, marketing strategy, and team leadership.Familiarity with consumer lending regulations and financial compliance.
Description
We are looking for a Head of Product to drive strategic growth, market expansion, and lead cross-functional teams at a digital lending company in Bahrain. The ideal candidate will oversee and align Product department to achieve company objectives. This role is pivotal in driving profitable growth, expanding market share, and implementing strategies to ensure the company's growth. In this role, you will be accountable for delivering on key performance indicators (KPIs), including P&L, budget management, growth targets, and market expansion milestones.Main ResponsibilitiesStrategic LeadershipDevelop and implement a comprehensive business strategy aligned with the company’s mission, focusing on customer acquisition, engagement, new products, revenues lines, and retention.Drive initiatives to enhance the company's market position in Bahrain and develop entry strategies for new markets.Departmental OversightProduct: Lead the product team to innovate and enhance digital lending solutions, ensuring alignment with customer needs and regulatory standards.Business Development: Expand partnerships and alliances that enhance distribution channels, bolster market penetration, and open new revenue streams.P&L and Financial ManagementOwn P&L responsibilities, ensuring revenue and profitability goals are met across all business unitsManage and optimize department budgets to drive cost-effective growth while delivering maximum impact.Performance ManagementEstablish and track KPIs for each department, focusing on growth, cost-efficiency, product quality, and customer satisfaction.Evaluate performance metrics regularly, report progress to the CEO, and adjust strategies as necessary.Growth and Market ExpansionIdentify and assess new market opportunities, conduct feasibility studies for expanding Flooss’s digital lending footprint in the GCC region.Lead the launch of new products and features that address market demands, regulatory requirements, and consumer trends.Risk and ComplianceEnsure that all business activities comply with local regulatory requirements, especially regarding lending, consumer finance, and data privacyKPIsAchieve budget adherence, minimizing cost overrunsEnsure product target mix are achievedMonthly and quarterly user acquisition and retention targetsMarketshare growth within countriesBuild new distribution channel and strategic partnership as per business plan