Product Development Department Manager

We are looking for a Product Development Department Manager who will develop new products for the Securities Department (Depository), support existing ones, analyze market changes and regulatory requirements, and interact with operational, client, and other Bank divisions.

Responsibilities:

• Development of new Depository products in accordance with the market situation
• Monitoring changes in the legislation of the Russian Federation, regulations of the Bank of Russia, market practice, and competitor offerings;
• Analysis of the impact of regulatory and market changes on the products and processes of the Securities Department;
• Updating internal procedures, product documentation, advertising, and information materials;
• Support of existing products and participation in the development of new depository products and services;
• Preparation and updating of product programs, service standards, product descriptions, and market profiles;
• Collection and analysis of information about competitor products, including functional characteristics, pricing, and success factors;
• Preparation of proposals for improving existing products, processes, and service quality;
• Coordination of product change implementation together with operational and other specialized divisions;
• Participation in Securities Department projects and execution of individual project tasks;
• Monitoring business volume indicators, income, and expenses by product lines;
• Searching for opportunities to increase income, reduce expenses, and improve process efficiency;
• Preparation of analytical materials, presentations, and business plans for new and existing products;
• Participation in the development of measures to eliminate the causes of client problems and recurring inquiries;
• Interaction with the client service department and operational divisions on issues of client retention and improving service quality;
• Participation in the analysis of client satisfaction survey results and the development of measures to improve service;
• Monitoring product, operational, reputational, and financial risks;
• Participation in control activities, internal audits, and audit preparation;
• Compliance with internal Bank policies, risk management requirements, and product procedures.

Requirements:

• Higher education; education in the financial or economic field;
• At least 3 years of experience in the financial sector;
• Knowledge of the legislation of the Russian Federation in the field of the securities market and its application practice;
• Understanding of the requirements and practice of the international securities market;
• Knowledge of the securities market infrastructure and existing depository and brokerage products;
• Experience in the development, implementation, or support of financial products will be an advantage;
• Skills in analyzing regulatory documents, business processes, and financial indicators;
• English proficiency at least Upper Intermediary — oral and written;
• Proficient use of MS Office: Word, Excel, PowerPoint;
• MS Access skills will be an advantage;
• Developed analytical, communication, and presentation skills;
• Ability to handle multiple tasks simultaneously and meet established deadlines;
• Stress resistance, initiative, and the ability to work in a team;
• Customer orientation and understanding of the impact of product decisions on service quality.

Conditions:

• Employment with the bank;
• Hybrid work schedule in a 3/2 format;
• VHI with dental coverage and the possibility of connecting close relatives to the program;
• Life insurance program, accident, and critical illness insurance;
• Additional vacation days;
• Salary top-up during sick leave;
• Employee assistance program (free consultations for emotional and psychological support, consultations with a lawyer and financial expert);
• Training and development programs for employees;
• Special offers from partner companies (sports, travel, cultural events).

Requirements

Not specified; Experience: 0 years