Senior Associate, Product Manager Loan Against Property , Consumer Banking Group
LocationRegional Office Mumbai
Work modeon-site
Typefull-time
DepartmentProduct Management
Company size10,000+ people
First seen4d ago
Last seen2d ago
Responsibilities
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.
Requirements
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.