Head - Product - SME - NBFC

Urgently Hiring for the post of Head of Product - SME with one of the Leading NBFC!!

Key Roles & Responsibilities

1. To ensure overall business direction through identification of key strategic. segments for tapping profitable & quality business opportunities and launching new initiatives/ products for SME

2. To ensure business development a view to tap good quality revenue opportunities through various products.

3. To help develop systems & processes for efficient transaction processing & information capturing through interaction with product partners, credit approvers, marketing unit and sales team .

4. To help formulate the entire Marketing strategy, develop Branding and marketing collaterals for SME business in close co-ordination with the Corporate Marketing Dept.

5. To ensure product development, business development and market & competitor intelligence.

6. To work on the Budgets and Business Plans for SME products.

7. To develop product kits for new products and also ensure, on an ongoing basis, that the pre-sanction/ post-disbursal documentation remains standard and effective whilst adhering to internal norms.

9. To work closely with Risk Policy teams to formulate and roll out Underwriting standards/ PADs and to formulate effective credit scoring mechanisms.

11. To work closely with credit to launch programmes with the objective to extend offering to new segments/ products in due course.

12. To ensure product portfolios get a favorable rating from internal and external auditors.

13. To ensure control requirements of the business are adhered to in line with Group policies.

14. The job holder must ensure he/ she is fully aware of all the policies and procedures issued in relation to money laundering prevention and Group Sanctions policy. He/she must ensure compliance with these policies and procedures on an ongoing basis. Any suspicious transaction must immediately be reported to the supervising officer.

Requirements

Qualifications & Skills

1) Informed in market competition, industry practices and regulations for business lending.

2) Strong analytical, problem solving, and financial management skills.

3) University degree in a business discipline, post-graduate qualifications in business administration is a plus.

4) Strong and relevant working experience in SME Banking/ Product Development/ Relationship Management or Sales.