Product Innovation Officer

Proten International - Our client is a leading Access and Technology Solutions Company focused on providing Customized Solutions that create instant value for our customers. Our Client in collaboration with world-class IT firms deploys integrated solutions designed to achieve enterprise needs. As a Fintech, we avail the banks with the necessary technology leverage to meet their customers’ demands.

They are recruiting to fill the position below:

Job Position: Product Innovation Officer
Job Location:
Lagos
Travel Required: No
Level: Entry
Position Type: Full Time
Will Train Applicant(s): No
Reports to: Managing Director

About the Role

  • The Candidate will be responsible for developing products by identifying potential products; conducting market research; generating product requirements; determining specifications, production timetables, pricing, and time-integrated plans for product introduction; developing marketing strategies.
  • Candidate will be accountable for the administration of the usual trade name of a company, creating plans and programs for merchandising and opening the dealings for a trade or group.
  • The Candidate will make sure that other associates and workers in the innovation section of the company back-up targets and aims.
  • Candidate be able to communicate with all areas of the company.

Role and Responsibilities

  • Support the development and implementation of The Company’s Innovation, products and solutions strategy
  • Engage with Business Operation Support, Sales and Customer insight to craft and develop innovative products and solutions that anticipate or respond to market and customer generated insights
  • Enhance and redesign existing products and solutions to better suite market demands and evolution in technology
  • To work with Business Operation Support to conduct product requirement validation and testing
  • Update knowledge on leading practices with respect to The Company’s product portfolio
  • Monitor the performance of the company’s products over their life cycle and report to Management to help advice on product retention
  • Provide inputs, ideas, concepts and product feature research and make the case for enhancements where necessary
  • Recommend product growth imperatives and make business case to the Management
  • Manage requirement documentation and make them available for referral during product design and development
  • Ensure compliance to proper innovation - product documentation and product development process
  • Collect and collate data to optimize product performance and make recommendations to unit head
  • Conduct periodic market research, competitive analysis and work with the Sales team to collate customer feedback and input on proposed new products
  • Maintain the Company’s database of New Ventures and Alliances-specific market intelligence
  • Manage due diligence process for strategic alliances with potential technical partners
  • Undertake research and validation studies to analyse strategic issues and business-related challenges faced by the company, so that decision making is informed by facts and comprehensive analysis.
  • Manage new partnerships
  • Prepare and collate deal documentation, legal review, and transaction administration
  • Produce comprehensive but targeted and insightful reports/presentations that summarise findings, market research and recommendations to inform management decisions on the scope of strategic ventures and alliances
  • Develop and maintain strategic business partnerships with technical partners
  • Work internally with, Business Operation Support, Finance etc. and externally with partners and legal counsel to negotiate and prepare new ownership and Operating Agreements.
  • Ensure all service agreements and revisions are documented and updated and verify data integrity

Qualifications and Requirements

  • Relevant Industry experience
  • Knowledgeable in technology.
  • Computer Science or Engineering Degree or work experience a strong plus
  • Product management skills
  • People Management
  • Customer relation skills
  • Product development skills
  • Sales Planning
  • Inventory Control
  • Financial Planning and Strategy

Remuneration
Salary: N200,000