Lead Product Manager - Factoring Products

About the role

Foresight is a financial group that creates and develops financial products and services through its subsidiaries, including financial institutions licensed by the National Bank of Georgia. It is looking for a Lead Product Manager to shape, create and develop factoring-related products within the Group, taking them from concept to implementation. Hands-on factoring experience is essential.

Key responsibilities

• Create factoring products, including their concept, structure and business model
• Develop and refine products, processes and operating procedures through to implementation
• Define approaches to credit analysis of corporate clients, receivables assessment and risk management
• Engage with potential clients and partners to understand market needs and shape commercially viable solutions
• Prepare financial analysis and business models to support product decisions
• Work with risk, legal, finance and operations teams so products are sound, compliant and ready for launch

Required profile

• At least 5 years of experience in the banking or financial sector, including hands-on factoring experience, preferably in a bank
• In-depth knowledge of factoring products, business models and operating processes, with experience developing and implementing them
• Experience in credit analysis of corporate clients, receivables assessment and risk management
• Strong financial analysis and business modelling skills
• Experience in business development, client relationship management and negotiations
• Ability to work independently, organise processes and manage projects
• Knowledge of Georgian and English

Advantages: experience managing a factoring function or product at a financial institution, participation in building or developing a factoring business, and experience with international factoring and trade finance products. The selection process has two interviews; only shortlisted candidates are contacted. Candidates apply by sending a CV in PDF format, with the vacancy title in the subject line.