Data Monetization Associate

Job Information

  • icon
    Category Banking & Finance Jobs
  • icon
    Posted On Apr 11 ,2024
  • icon
    Qualifications Bachelor's Degree
  • icon
    Employer Name DelonJobs
  • icon
    Contact Email cv@delon.ng

Job Description

DelonJobs is seeking to hire Data Monetization Associate for a tier-1 bank in Nigeria. The ideal candidate will be responsible for implementing data and monetization Strategy to achieve the strategic objective and related outcomes and also manage and orchestrate the delivery of data products, services/ initiatives to generate revenue and support relevant stakeholders. Candidate should have 3 – 5 years analysis role utilizing statistical analysis to drive business growth within proven returns within the FINTECH or banking sector. Candidate must have bachelor’s degree in Business/ IT related discipline. Advanced degrees are an advantage. Salary is negotiable. 

To apply, kindly send your CV with the subject “Data Monetization Associate – DMAFB241” to cv@delon.ng

Job Description
•    Develop, implement, monitor & evaluate Data Products, Service and Initiatives that provide sizeable financial benefits to the organization. 
•    Leverage customer and market information to proactively identify and assess new monetization opportunities to create customer value and profitably grow the business.    
•    Provide input into and implement monetization and product strategy. 
•    Deliver compelling customer/market insights based on research to inform data strategy, define, and inform data products, and drive performance improvement. 
•    Provide input with regards to market and competitive trends that are impacting Data Products customers and those that are seen as opportunities for monetization. 
•    Independent development and continuous evaluation of statistical/ machine learning models and tools, including response, next best product, attrition, profitability, customer value, price elasticity, pay-down, financial forecasts, channel optimization etc.     
•    Constant monitoring of competitors across all sectors in the market. 
•    Overseeing the successful end-to-end delivery of insight/data led initiatives into monetization opportunities.
•    Develop targeted product offerings or marketing campaigns based on customer profiles. 
•    Develop customer journeys across the various touch points and identify improvement areas.
•    Provide information to sales and marketing teams to assist in the promotion of the Bank’s Data products and Services. 
•    Oversee the planning, design, and implementation of qualitative and quantitative Data Product & Services research initiatives.
•    Lead the identification, development, and alignment of Market Research best practices and processes. 
•    Manage market research budget and all expense management activities through effective planning, monitoring, and forecasting.
•    Responsible for developing and mentoring direct reports and leading team to achieving defined goals.
•    Responsible for organizing team training and development. 
•    Closely manage outside consultant and research vendor spending and build internal capabilities as appropriate, to ensure the greatest value / highest leverage for research investment.     
•    Design internal product flier to engender and sustain product knowledge amongst staff.
•    Organize Data products planning and execution throughout the Product Lifecycle, including information gathering, prioritizing product and customer requirements, defining the product vision, and working closely with all stakeholders to ensure revenue and customer satisfaction goals are met.
•    Preparation of Unit’s budget and dependencies/assumptions with current market realities, working with the Unit Head within specified timeframe for management’s review/approval to provide focus of the financial year. 
•    Develop the Bank’s data products guidelines for adoption and activity throughout their lifecycles from planning to implementation, deployment, sales, monitoring, and product support in line with the Bank’s strategic objectives.
•    Define and manage vehicles for collecting customer feedback, including Customer Advisory Boards and focus groups.
•    Gather data on new product ideas and evaluate them for financial and market potential.
•    Define product specifications using high-level wireframes, flow diagrams and clear and consistent user stories with any acceptance criteria or supporting documentation supplied. 
•    Play a lead role in the product lifecycle by breaking down product requirements into user stories, participating in development sprints and taking the product/project to market launch. 
•    Lead the cross-functional product team – consisting of Data Scientists, Product Developers, Marketing, PreSales, Customer Services and Technical Services to ensure whole-product readiness. 
•    Work closely with the Enterprise Analytics team to gather insights from customers’ use of Data and other of the Bank’s products.

Job Knowledge 
•    Good understanding of the financial market industry.
•    Relationship management. 
•    Good understanding of analytical methodologies. 
•    Data interpretation and adaptation. 
•    Communication development and execution. 

Job Requirements
•    Minimum of a first degree or its equivalent in a business /IT related discipline. 
•    Proven experience in working with data, strong data analysis and interpretation, preferably within an insight function. 
•    3 – 5 years analysis role utilizing statistical analysis to drive business growth within proven returns. 
•    Masters, MBA, or a recognized professional certification will be an added advantage

Skill/Competencies 
•    Product Development. 
•    Stakeholder Management.
•    Data Gathering and Analysis.
•    Advanced analytical problem-solving skills. 
•    Communication/Presentation skills. 
•    Business/Operational Strategy. 
•    Customer centricity – solution, service, and relationship.