Manager, Product Development

1. Support CBK strategy plan - Provide proposals and input to the Divisional policy/strategy to promote growth, stability, and access to financial markets.

2. Develop proposals/business cases for Product Development initiatives including innovative products/reforms such as Benchmark bonds, Liability Management Operations, Over the Counter, Green/bonds, Onshore and Offshore bonds, Security Lending and Borrowing, Short Selling and NSE Financial Derivatives, Primary Dealers, and other products.

3. Develop business proposals for innovative products that may be included in the CSD system such as Zero-coupon bonds, Multiple-legged or amortized bond, stripped bond, Embedded Option bond, Indexed bond, Variable coupon bond, Step-up bond, Step-down bond, Deferred coupon bonds, Perpetuity bond, Annuity bond, Islamic Sukuk, Mortgage Based Securities, Term Deposits, Central Bank certificates and bills, Negotiable deposits, Non-negotiable deposits, among others.

4. Coordinate and support market development projects being undertaken by the Department in liaison with other departments in the Bank or with other institutions.

5. Oversee preparation of monthly bond issuance proposals for management approval and discussions with stakeholders.

6. Provide regular feedback on market requirements for product, including product specifications functionality, pricing etc and prepare reports on product expectations, market size, market uptake, market share.

7. Define product promotion and positioning for defined investor segments.

8. Oversee analysis of financial markets data and preparation of technical reports and presentations for the monthly DMF/BMF meetings.

9. As the support for the DMF/MBSF secretariat, maintain records of meeting discussions and provide necessary support for success of the borrowing program.

10. Support in the development of advertising, public relations, and marketing communications to meet product objectives in liaison with the Communications Office.

11. Responsible for assessing needs and requirements of defined investor segments and design targeted products accordingly.

12. Participate in CBK Editorial Board for the CBK E-Newsletter and other publications related to the activities for the division.

13. Coordinate responses to public and media enquiries on Government securities market issues in liaison with the Communication Office.

14. Provide quality communique and reports (oral and written communication) on professional opinion, advice and perspectives when required, for review by CBK management, stakeholders, and market players.

15. Manage risks associated with market development initiatives including product/service risk, market disruption, among others.

16. Review work processes and support in the update and review of the operations manuals and processes from time to time for continuous improvement of service.

17. Support in the planning, organizing, integrating, supervising, and coordinating of work, performance management, budget, and other activities and resources relating to function.

18. Ensure accountability, authority and supervision of the Market Engagements and Product Development functions.

19. Management of staff productivity, capacity building, succession management and resource management to ensure effective performance and good customer experience.

20. Ensure the Bank policies, regulations and related legislations among other guidelines and principles are always adhered to.

21. Prepare ad hoc and periodic reports on activities related to their roles and submit to the supervisor in a timely manner.

22. Coordinate with other departments in the bank to achieve set goals.

23. Any other assigned duties and responsibilities by the Supervisor.