Manager, Common Product; Microfinance Programme
Job Description
Title: Manager, Common Product; Microfinance Programme
Company Name: BRAC
Vacancy: --
Location: Dhaka
Experience:
∎ At least 1 year
Published: 26 Feb 2025
Education:
∎ Masters in any relevant subject from any recognised university/ institution.
Requirements:
Additional Requirements:
∎ Minimum one year working experience in Product Development in Microfinance Institution (MFI) / Non-banking Financial Institution (NBFI) / Bank.
∎ Understanding the Client, realizing the potentiality of the market.
∎ People management, leadership, requirements Analysis, and planning skills.
∎ Knowledge on product development, product design, product management.
∎ Ability of financial planning and strategy, competitive analysis.
∎ Minimum one year working experience in Product Development in Microfinance Institution (MFI) / Non-banking Financial Institution (NBFI) / Bank.
∎ Understanding the Client, realizing the potentiality of the market.
∎ People management, leadership, requirements Analysis, and planning skills.
∎ Knowledge on product development, product design, product management.
∎ Ability of financial planning and strategy, competitive analysis.
Responsibilities & Context:
∎ Ideation, design and develop new loan products by determining the needs and aspirations from lower to upper-middle income group people or family.
∎ Develop products by identifying potential clients’ needs, conducting market research, generating requirements, developing marketing strategies, determining specifications, cost-benefit, and time-integrated plans.
∎ Assess market competition and competitors’ financial products.
∎ Track the business and performance of each product and evaluate it after regular intervals.
∎ Design and develop the prototype structure of the product for pilot testing.
∎ Explore & initiate the partnership opportunity as a product proposition.
∎ Assess the pilot product and prepare evaluations & recommendation report.
∎ Finalize the product design based on the pilot assessment & evaluation.
∎ Prepare communication material and channel for scaling-up the product in potential branches.
∎ Microcredit Regulatory Authority (MRA) certificate number- 00488-00186-00065
∎ BRAC is an international development organisation founded in Bangladesh that partners with over 100 million people living with inequality and poverty globally to create sustainable opportunities to realise potential.
∎ BRAC Microfinance provides people who cannot access traditional financial banking services with access to a suite of financial services, including loans, savings and microinsurance. We provide an alternative to high-interest loans from informal lenders, supporting families to invest in income-generating activities, build assets, and reduce vulnerability to health shocks and natural disasters. Passionate about finance beyond formal banking systems? Join the BRAC Microfinance team to help build a more financially-inclusive society, where everyone can access finance when they need it - safely, responsibly and sustainably.
∎ Working at brac is not like any other job. It is a platform where you can bring about real change for people who need it the most. We are not just dreaming of a better world, we are building it. Join us to find the way.
∎ Job Purpose
∎ To address the diversified financial needs of both group lending & individual lending target group for the very common tiers people of the society through designing and developing new financial products. This includes ensuring accessible and affordable financial products and delivery channels for the client that pursue financial inclusion. It also includes managing the products throughout the product lifecycle and a complete effort to support the organization’s vision.
∎ Key Responsibilities
∎ Ideation, design and develop new loan products by determining the needs and aspirations from lower to upper-middle income group people or family.
∎ Develop products by identifying potential clients’ needs, conducting market research, generating requirements, developing marketing strategies, determining specifications, cost-benefit, and time-integrated plans.
∎ Assess market competition and competitors’ financial products.
∎ Track the business and performance of each product and evaluate it after regular intervals.
∎ Design and develop the prototype structure of the product for pilot testing.
∎ Explore & initiate the partnership opportunity as a product proposition.
∎ Assess the pilot product and prepare evaluations & recommendation report.
∎ Finalize the product design based on the pilot assessment & evaluation.
∎ Prepare communication material and channel for scaling-up the product in potential branches.
∎ SAFEGUARDING RESPONSIBILITIES
∎ Ensure the safety of team members from any harm, abuse, neglect, harassment, and exploitation to achieve the programme’s goals on safeguarding implementation. Act as a key source of support, guidance, and expertise on safeguarding for establishing a safe working environment.
∎ Practice, promote and endorse the issues of safeguarding policy among team members and ensure the implementation of safeguarding standards in every course of action.
∎ Follow the safeguarding reporting procedure in case any reportable incident takes place, encourage others to do so.
∎ Location: BRAC Head Office
Compensation & Other Benefits:
∎ Festival Bonus, Contributory Provident Fund, Gratuity, Performance Bonus, Health and Life Insurance, Maternity/ Paternity Leave, Wellness Centre Facility, Day Care Facility, and others as per policy.
Workplace:
∎ Work at office
Employment Status: Full Time
Job Location: Dhaka
Apply URL::
Apply Procedure:
Company Information:
∎ BRAC
∎ BRAC Centre, 75 Mohakhali, Dhaka-1212
∎ BRAC is an international development organisation founded in Bangladesh that partners with over 100 million people living with inequality and poverty globally to create sustainable opportunities to realise potential.
Address::
∎ BRAC Centre, 75 Mohakhali, Dhaka-1212
∎ BRAC is an international development organisation founded in Bangladesh that partners with over 100 million people living with inequality and poverty globally to create sustainable opportunities to realise potential.
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 8 Mar 2025
Category: Bank/Non-Bank Fin. Institution
