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Job Title: Product Development Manager - Financial Services
Location: Asda House, Leeds
Description: ASDA Financial Services has grown rapidly to over one million customers across a range of Credit, Insurance and Savings products. The business forms a key part of ASDA's strategic plans to drive new areas of business and establish a significant source of additional income. The Financial Services team in ASDA House is a small team managing several blue chip suppliers, over 500 Colleagues in call centre teams, a website www.asdafinance.com, and a multimillion pound marketing and advertising budget. This is an exciting time to join the team as we have received Exec backing to develop new products and ventures and this role forms a key part in driving this strategic growth across payments. As part of a team the role encompasses the strategic and day-to-day management of our partners and their performance on all of the key areas of the P&L including; contract negotiation, proposition design, pricing, customer service levels, and profitability.
Responsibilities: • Commercial and contract negotiations
• Responsibility for setting and delivering the annual business plan for Cards
• Agreeing the investment of the marketing budget
• Developing and implementing new product design and launch strategy
• Monitoring the channel performance including call centres and website
• Managing the relationship with partners to deliver products and services which meet the Asda brand values
• Review new market initiatives and assess the attractiveness of future product opportunities
Requirements and Qualifications: • Highly numerate with strong focus on managing profit and loss performance
• Supplier or client management experience essential
• Strength of personal impact and influencing skills
• Project management and planning
• An ability to organise work effectively and deliver at pace
• Experience of developing new propositions from concept to launch
• Effective management of external resources
• Experience of managing delivery successfully across a virtual, cross-functional team
• Experience of Financial Services/Credit Card desirable but not essential