Senior associate, product manager loan against property , consumer banking group

Key Responsibilities

• Product Strategy, Market analysis: Develop and execute a comprehensive product strategy for the LAP portfolio, aligning with overall business objectives and market trends. Conduct in-depth market research and competitive analysis to identify growth opportunities and adoption of best practices.
• Monitor and analyze key performance indicators (KPIs) such as portfolio growth, disbursals, asset quality, customer acquisition channels, and productivity.
• Stakeholder Management & On-ground Support: Collaborate closely with various internal stakeholders including Sales, Credit, Operations, Legal, Compliance, and Marketing teams to ensure seamless product delivery and support. Provide on-ground support to sales teams, branches and other relevant stakeholders to facilitate product understanding and address operational challenges.
• Work with the Sales team to develop effective sales strategies, training programs, and marketing collateral.
• Engage with external partners and vendors as needed to enhance product capabilities and service delivery.
• Process Improvement & Funnel Efficiency: Work on implementing new processes to drive funnel efficiency and improve conversion rates. Gather customer feedback and insights to inform product enhancements and ensure high levels of customer satisfaction.
• Risk & Compliance: Ensure compliance with relevant regulatory guidelines, internal policies, and risk management frameworks. Work with Risk and Compliance teams to assess and mitigate risks associated with the LAP portfolio.

Qualifications

• Education: Bachelor's degree in Business Administration, Finance, Marketing, or a related field. An MBA or equivalent advanced degree is preferred.
• Experience: Experience in product management within the banking or financial services industry, with a strong focus on secured lending. Proven experience in managing Loan Against Property (LAP) or secured lending products is essential.
• Skills: Strong analytical and problem-solving skills, with the ability to interpret complex data and make data-driven decisions. Excellent communication, presentation, and interpersonal skills, with the ability to influence and collaborate with diverse stakeholders. In-depth understanding of the Indian consumer lending market, regulatory environment, and competitive landscape. Ability to manage multiple projects simultaneously in a fast-paced environment.

Location

Regional Office Mumbai

Job

Product Management

Schedule

Regular

Employee Status

Full time