Product Manager Auto Finance

The Product Manager for Auto Finance will lead the development, management, and growth of the Bank’s Auto Finance portfolio by delivering customer-focused and Shariah-compliant vehicle financing solutions. This role involves executing product strategy, driving portfolio growth, managing pricing and profitability, optimizing customer journeys, and fostering strong dealer partnerships. The position also emphasizes digital enablement and ensuring compliance with regulatory standards and the Bank’s risk appetite.

Key Responsibilities

- Develop and implement the Auto Finance product strategy in alignment with Retail Banking goals.
- Oversee the entire lifecycle of Auto Finance products and propositions.
- Design and improve Shariah-compliant vehicle financing solutions.
- Drive financing disbursement volumes, utilization rates, and profitability targets.
- Define product features, pricing models, eligibility criteria, and customer benefits.
- Enhance customer journeys across origination, approval, disbursement, and servicing stages.
- Collaborate closely with Auto Finance Relationship Managers to boost dealer-led business generation.
- Build and maintain strong relationships with vehicle dealerships and automotive ecosystem partners.
- Support the development of dealer financing programs and strategic partnerships.
- Work with Technology teams to digitize and automate financing processes.
- Monitor portfolio performance, including yields, utilization, and profitability metrics.
- Conduct market research and competitor benchmarking to identify new growth opportunities.
- Partner with Credit Risk teams on underwriting criteria, scorecards, and product programs.
- Support employer-linked and payroll-based financing program development.
- Lead User Acceptance Testing (UAT), implementation planning, and product releases.
- Analyze customer feedback and financing performance data to recommend product enhancements.
- Prepare portfolio reviews, management dashboards, and business presentations.
- Ensure compliance with State Bank regulations, internal policies, and Shariah principles.

Required Qualifications

- Bachelor’s degree in Business Administration, Finance, Banking, Economics, Accounting, or a related field.
- Minimum of 5 to 8 years of relevant experience in Auto Finance, Consumer Finance, Retail Banking, Product Management, Digital Financing, or Islamic Banking.
- Proven experience managing auto finance portfolios, dealer networks, or vehicle financing programs is preferred.

Preferred Qualifications and Benefits

- An MBA or relevant postgraduate qualification is highly desirable.
- Experience in Islamic Banking will be considered an added advantage.

Skills and Competencies

- Expertise in Auto Finance products and Islamic financing structures.
- Strong product management and consumer financing knowledge.
- Ability to manage dealer relationships and product lifecycles effectively.
- Proficiency in customer journey design, pricing, and profitability management.
- Solid business and financial analysis capabilities.
- Familiarity with digital financing solutions and project management.
- Excellent stakeholder management skills.
- Awareness of regulatory and compliance requirements.

Raqami Bank is an equal opportunity employer committed to fostering an inclusive workplace. We encourage applications from all qualified individuals, including Persons with Disabilities (PWDs), ensuring equal opportunity for success.

Application Deadline: October 16, 2026.