Product Management Officer

Job Description

Nisir Microfinance Institution S.C is a leading microfinance institution in Ethiopia dedicated to providing trusted, need-based financial solutions to customers. Guided by our vision to be a beacon of swift and seamless financial solutions for underserved individuals and SMEs, we leverage intelligent systems and a people-centered approach to create sustainable value for our customers and stakeholders. To support our continued growth, strengthen our organizational capabilities, and expand our impact across Ethiopia, Strategy, Planning and Monitoring Officer

Purpose of the Job:

To enhance the profitability of the Company through effective product development and pricing and delivering Nisir’s value propositions to targeted customers through tracking key market trends and consulting insights with executive management.

Main Duties and Responsibilities:

·   Conduct research on the market for identifying new business opportunities in line with the direction set by the business strategy team.

·   Produce business requirement documentation by understanding business needs.

·   Identify, profile and communicate prospective customers about the Company’s value proposition and services offered and follow up assignment of appropriate internal contact to close the business deals.

·   Design integrated and credible product and pricing business plans to drive profitable growth for Nisir.

·   Design and develop new product and ensure that it continues to meet the detailed specification of product and pricing strategy.

·   Monitor the performance of new and existing product in the marketplace.

·   Determine current and target product positioning in the market and define the market in which products will compete.

·   Monitor complete profile of the Nisir’s existing and potential product portfolio and track the economic performance of each and their future potential, profitability and market size.

·   Define and manage life cycle plan for products and ensure that products and channels are readily available at the right time, right place and to the right customer.

·   Monitor the entire product line life cycle from strategic planning to tactical activities.

·   Develop demand forecasts by product and identify the resource and operational implications for actions. Compare actual sales with forecasts and identify factors that may be influencing the success or failure of the launch.

·   Assess the position of Nisir’s products relative to competitors in each segment as perceived by the relevant group of target customers.

·   Monitor appropriate market and competitor activity to drive pricing responses.

·   Design the pricing framework to deliver pricing outcomes by taking into consideration profitability and sales targets.

·   Identify, assess and manage risks that could prevent Nisir from achieving product and pricing strategies.

·   Collaborate with front office teams to ensure effective, and profitable product design with customer appeal in support of the Nisir’s overall value proposition.

·   Monitor plans are executed within the overall prioritized strategy to ensure that the Nisir products meets performance targets.

·   Conduct market research to gain market place trends and insights, to determine customers' needs and desires and to identify growth opportunities through innovation and adaptation of products.

·   List and prioritize important aspects of the product and, sets out the target price and cost structure.

·   Recommend changes to the product or marketing strategy.

·   Respond in a timely fashion to all enquiries/requests for product information and/or changes.

·   Define key product performance metrics and track performance on these metrics (product profitability, product penetration rate, satisfaction with product and, brand recognition, etc.).

·   Participate as a product and Price subject-matter expert in developing, reviewing and implementing Nisir’s business strategy.

·   Develop internal and external data sources to improve Nisir’s understanding of product markets, pricing strategy competitor’s activities, and consumers, in order to make better ‘fact-based’ decisions to direct product and pricing management activities.

Qualification and Experience:

·   Bachelor’s degree in Marketing Management, Management or related fields

·       Two (2) years of relevant experience

·       Place of Work: Head Office

·       Salary: As per the company scale (Attractive).

After checking the eligibility criteria and preparing all the necessary documents, qualified and eligible applicants shall apply only online through vacancyhrm@nisirmfi.com within 7(seven) days from the date of this announcement to Nisir Microfinance Institution S.C, Human Resource Management Directorate. In person or postal application will not be accepted.

·       Please indicate the job title in the email subject line and submit all testimonials as a single PDF file.

·       Only short-listed applicants will be communicated.    

Application deadline: 5:00 PM, August 9, 2026