Liability Products Manager at Absa Bank Tanzania

Absa Bank Tanzania is seeking a qualified professional for the position of Liability Products Manager in Dar es Salaam. The successful candidate will be responsible for developing, managing, and growing retail liability products while supporting income generation, product pricing, customer acquisition, and overall product performance.

The role combines product management, financial analysis, sales support, market intelligence, stakeholder coordination, and risk management. The Liability Products Manager will work closely with Operations, Retail Credit, Marketing, Technology, and other teams to ensure products are effectively implemented, competitively priced, properly supported, and continuously improved.

The main responsibilities will include:

• Develop and agree income targets for individual liability products and the Retail Banking Department.

  

• Develop local product pricing strategies and obtain the necessary approvals.

• Conduct product research, development, implementation, and enhancement.

  

• Prepare monthly tariff reports and identify pricing errors and revenue leakages.

• Work with Operations, Retail Credit, Marketing, Technology, and other stakeholders to ensure smooth product processing and sales.

  

• Drive product balance-sheet growth in line with agreed targets.

• Develop and execute product campaigns and sales activations.

  

• Prepare product growth plans and margin forecasts.

• Review monthly product income performance against balance-sheet and P&L results.

• Develop and implement effective product pricing strategies.

• Conduct competitor product reviews and market intelligence activities.

• Improve product features and benefits to enhance competitiveness.

• Develop innovative, market-leading retail liability solutions.

• Conduct product training for relevant employees and sales teams.

• Increase customer awareness through social media, above-the-line, and below-the-line campaigns.

• Develop business cases for new liability products and obtain relevant approvals.

• Work with project teams to ensure new products undergo SIT and UAT testing before implementation.

• Conduct post-implementation product reviews.

• Support the Head of Retail Products in implementing new liability products.

• Lead enhancements to existing liability products.

• Engage internal and external stakeholders to generate sales.

• Coordinate activities required under the Product Risk Governance process.

• Support continuous improvement initiatives for liability products.

• Provide the Retail Banking business with information on competitor activities and market developments.

• Work with the Head of Product and People Function to develop appropriate product training and sales strategies.

• Handle and resolve liability-product-related customer complaints.

• Work with Technology teams to resolve system issues affecting retail liability products.

• Ensure sales channels and websites display accurate product information, services, and tariff guides.

• Conduct regular walk-through audits to monitor adherence to sales processes and documentation requirements.

• Identify product-related training needs and communicate skills gaps to the Learning and Development team.

• Report risk events immediately when identified.

• Understand risks and controls across relevant end-to-end business processes.

• Comply with Absa policies, procedures, risk-management requirements, and mandatory training.

• Monitor regulatory developments and assess their impact on the business.

• Stay informed about industry developments and changing consumer behaviour.

Applicants should have the following qualifications, skills, and competencies:

• National Diploma or Advanced Certificate in Business, Commerce, Management Studies, or a related field.

• Strong product research, development, and implementation skills.

• Experience in developing product pricing strategies.

• Knowledge of financial reporting and analysis, including tariff reports, P&L, and balance-sheet analysis.

• Strong stakeholder management and collaboration skills.

• Ability to work effectively with Operations, Retail Credit, Marketing, Technology, and other internal teams.

• Experience developing product campaigns and sales activations.

• Strong market intelligence and competitor-analysis capabilities.

• Ability to develop innovative retail liability solutions.

• Experience delivering formal product training.

• Knowledge of customer product-awareness campaigns, including social media, ATL, and BTL campaigns.

• Ability to prepare business cases and obtain relevant approvals.

• Understanding of project implementation processes, including SIT and UAT.

• Knowledge of product enhancement and product risk governance.

• Commitment to continuous improvement.

• Strong complaint-resolution skills.

• Ability to monitor compliance with sales processes.

• Skills in identifying and assessing training needs.

• Understanding of risk-event reporting and management.

• Strong knowledge of policies, procedures, and regulatory requirements.

• Ability to assess the impact of regulatory changes on business operations.

• Understanding of consumer behaviour and market trends.

Interested and qualified candidates should submit their applications through the official Absa careers platform.

Apply for Liability Products Manager

Position: Liability Products Manager
Company: Absa Bank Tanzania
Location: Dar es Salaam
Employment Type: Full-Time
Deadline: 02 September 2026

This opportunity is suitable for professionals with experience in retail banking product management, liability products, pricing, financial analysis, sales activation, and stakeholder coordination. Candidates who can combine commercial product growth with strong risk and regulatory awareness are encouraged to apply.