Job Title: Product Manager - Business Loans / Small Business Loans
Location: Bangalore
Job Description:
- Manage the lifecycle strategy and implement strategies to optimize portfolio performance
- End-to-End responsibility for the product strategy, pricing & yield management for Business
loans
- Transforming the Business loans process with a focus on Digital work flow, simplification and
improving customer experience and reduced TAT
- Ensure solid partnerships and X-selling opportunities across range of products
- Assess relevant customer, competitor and industry insights to help define strategies to improve
customer experience and portfolio growth.
- Advise and provide insights and recommendations on innovative and strategic product
development, product targeting & strategic product development
- Conceiving and driving contests for sales incentives, x-sell, products and strategizing digital
initiatives
- Develop & execute all product related performance metrics (including tracking of portfolio
quality) and streamline the data flow concerns if any in all products / programs handled
- Understanding of P&L with respect to Asset business, well versed with MIS & Presentation
highlighting key trends and suggest actions to be taken
- Ensure regular review of credit policy, product, regulatory guidelines and accordingly initiate
required changes in policies / processes
- Undertakes risk, regulatory and compliance assessments for all new product development and
existing product modifications. Ensures compliance and adherence to internal policies & NBFC
guidelines in product design.
- Prepare budget in coordination with Finance and Business Head basing the requirement.
- Review actual against budget in all aspects, profitability, top-line and bottom line and minute
analysis of P&L.
- Sets up an effective product training mechanism for the sales team and channel partners for
effective sales
Required Skills:
- Excellent strategic, quantitative, analytical, data interpretation and good writing and
communication skills
- Organized, methodical, proactive planner and an efficient executor