Innovation Manager

Job Summary

The ideal candidate will interpret business strategy, identify innovative solutions, support strategy implementation, act as a strategic partner to other businesses and functions, contribute and influence strategic direction for the bank.

Job Details

1. Interpret business strategy and identify innovative solutions supporting strategy implementation.
2. Develop an Innovation Strategy that fits into the bank’s corporate strategy.
3. Contribute and influence strategic direction for the bank.
4. Act as a strategic partner to other businesses and functions to identify and implement innovation opportunities, new products/processes.
5. Proposing innovative products and business models aimed at enhancing the bank’s offerings.
6. Support critical functions in strategic decision-making and Go-to-Market process
7. Design, research, develop, analyze, and suggest new concepts and strategies, introducing new products or services for internal and external customers.
8. Support and influence the design and launch of value propositions that fulfil customer expectations.
9. Design and model solutions for customer innovation and experience
10. Manage and evaluate innovation portfolio and pipeline.
11. Manage the bank’s headline innovation events.
12. Coordinate all cross-functional activities, engage customers internally and collaborate with leaders across the bank on allocation of resources across key innovation initiatives.
13. Shape learning and development of key skills and competencies supporting innovation across the organization.
14. Reimagining the experience of new customers in relation to the company’s products and services
15. Proposing and implementing new experiences for internal collaborators
16. Providing best practices in strategic design for new products/services
17. Defining the guidelines and policies that must be met in relation to innovation in the Bank.
18. Implementing and leading the plan to create a culture of innovation in collaboration with Human Capital Management.
19. Monitoring, analyzing, and communicating innovation metrics to senior management to seek opportunities to improve the company’s innovative performance.
20. Analyzing internal processes or developments to turn them into profitable “products” for the market.

Requirements

1. Technical  

• Verbal and Written Communication
• Presentation Design & Delivery
• Strategy
• Market Research
• Stakeholder Management
• Business Analysis
• Product Design
• Software Development Lifecycle
• Entrepreneurial Drive
• Leadership

2. Behavioural

• Empathy
• Passion
• Curiosity

3. Educational 

• Minimum requirement is a Bachelor’s degree in any course from a reputable University

4. Certifications

• Certifications in Project Management, Agile, Scrum, Business Analysis and Product Management are an added advantage. 

5. Other requirements

• 8-10 years of cross industry experience in Fintech, Non-Financial Technology Startups, Venture Captial, Accelerators and Hubs, Banking.

About Company

Wema Bank

https://www.wemabank.com

Wema Bank is the pioneer of Africa’s first fully digital bank, ALAT, and one of Nigeria’s most resilient banks. With decades of experience in the business of banking, the Bank has remained innovative in delivering value to its stakeholders. The publicly quoted Nigerian company has successfully built a legacy of trust and resilience that has won it the loyalty of its customers. The Bank is constantly introducing products and services tailored to the needs of its customers at every stage of their lives. It is a proud partner to more than one million individuals, families and businesses across Nigeria, helping them to achieve their personal and financial goals.