- Leading a 7 member Product Team in managing a diversified Retail Liability product portfolio catering to differing consumer segments/needs which includes 15 Savings Products, Salary and accounts, Demat Accounts and Lockers - Primarily responsibilities include Delivery of Product Strategy and Life Cycle management (New launches/ Improvements/Maintenance/Processes/Communication), Product Innovation, achieving Product Fee Income Targets, ensuring overall Product Mix &amp; Acquisition Quality and Improvement in Product Customer Satisfaction scores - Lead up the New Product Development team to manage insight generation, translating the insight into product concept, taking the insight through the stage gate innovation model, working on feasibility, capability &amp; launch of the approved product - Responsible for innovation &amp; new product launches with the key focus on digital for retail liabilities - Tracking the innovation landscape in the banking industry - Managing the innovation funnel i.e. fueling the funnel with new ideas through consumer insight generation as well moving the approved ideas through feasibility, capability and launch - Own the Acquisition Quality performance - Design product policy to ensure improvements in sourcing quality - Design and Execute a Product Acquisition campaigns which focuses on increasing the sales for key focus products to meet the revenue objectives. Enablers like Customer On boarding gifts, customized Internal/External communication, tactical Sales Incentives, Channel activation activities are used to meet the designed Sales Plans - Create Channel specific information tools to monitor the Product Acquisition quality performance - Introduce Tactical Product Pricing offers - Lower Initial Funding, Limited Period Free products, to affect short term sales spikes Fee Income - Identification of revenue earning and cost saving opportunities across product lines - Streamlining - Effective Review and Monitoring of Channel Discounts and Re-engineering of Pricing and Price Discount Processes/Systems Major Competencies Required - Strategic Thinking - Business Acumen, Vision and ability to deal with Ambiguity - Influencing skills - Communication skills, Team management, Interpersonal skills, cross functional team work, Leading and Motivating - Analytical skills - Advanced spreadsheet and numerical analysis skills, Project management and Time Management skills - Design Skills - Ability to analyze processes and re-engineer them.

Mumbai

Axis Bank - Head - Savings & Salary Products 

Axis Bank - Head - Savings & Salary Products  ,Job Description for Axis Bank - Head - Savings & Salary Products  in Axis Bank in  Mumbai for (8-11) years of experience. Apply Now!

Job Description for Axis Bank - Head - Savings & Salary Products  in Axis Bank in  Mumbai for (8-11) years of experience. Apply Now!