L&T SuFin - Product Manager

Position : Product Manager

About Larsen & Toubro :

Larsen & Toubro is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. The Company addresses critical needs in key sectors Hydrocarbon, Infrastructure, Power, Process Industries and Defense - for customers in over 30 countries around the world. We combine a proven track record and professional skills, woven together with a culture of trust & caring. Consistently rated among the best employers in the country, L&T offers unmatched leadership opportunities & growth. Our approach is built on empowering employees to take on challenging assignments and explore their potential.

About L&T SuFin :

L&T SuFin is a new digital B2B SME E-commerce initiative of Larsen & Toubro, which will leverage L&T's deep knowledge and capabilities in Procurement (through its huge volume of annual procurement) and Logistics, Financing, and IT solutions in India. This platform is essentially a digital marketplace for SME buyers and sellers (mainly focused on construction and industrial products & services) to connect in an efficient manner, thereby enabling sellers to expand their sales reach, and for buyers to find required products and services at optimal cost and quality.

L&T-SuFin is building a world class team to service this business space in Ecommerce transactions, logistics for such transactions and finance for the SMEs.

Already a 250 plus strong team operating in several states- we are now looking for cutting edge talent in product management for platform and product management for SUFIN

L&T SuFin intends to be a leader in this space and build a profitable and sustainable business

Desired Profile :

- Online Product Management, Product Management, Consumer Internet

- 5-10 years' experience in overall product management

- Ideally with a BFSI / e-Commerce background

- Experience in the implementation and managing the product road map of digital platforms

- Experience in managing platforms with high volume flows including performance and workflow design

- Experience in engaging with fintech players for collaboration and integration of solution with existing fintech play

- Strong educational background from reputed engineering and management school although MBA is not a bar

- Individual contributor role, reporting to Senior Product Manager

Key Responsibilities :

- Build and manage a scaled, industry leading B2B marketplace for industrial products benchmarked against the best global players

- Identify and integrate with best-in-class payment gateway service providers, logistics partners and financier partners to ensure a seamless and rich customer experience

- Scan and establish strategic partnerships/ alliances with innovative Fintech players to further enrich the offering on the platform

- Ensure compliance with applicable legal, regulatory requirements as well as adopt global best practices in these areas.

- Build a motivated, dynamic team of business analysts, UX and QA specialists, constantly setting the bar higher in terms of product excellence and customer delight.

- Embed a culture of continuous innovation in the team. Promote teamwork and collaboration in the team and within the organization

- Establish a process of constantly benchmarking the platform with respect to competitive offerings, and take necessary corrective action wherever needed working with the engineering team to deliver those changes

Key Competencies :

- Understand the Consumer through landscape analysis, customer interviews, user research, competition analysis and other qualitative/quantitative techniques.

- Adopt a structured approach to identify what problems need to be solved and break them down into smaller chunks. Prioritize what problems need to be solved now vs. later.

- Iterate fast and facilitate a process to come up with the best technology-led ideas to solve the prioritized problems.

- Define detailed product requirements and work collaboratively with a cross-functional team (design, engg. business, analytics, etc.) to bring a product to life. Ensure high product quality through processes such as user acceptance testing etc

- Create a go-to-market plan working with business/marketing stakeholders to maximize product adoption and success.

- Define product metrics for your area and track them continuously. Identify usage patterns and come up with action plans to move metrics in the right direction.

- Good team player, self-motivated and able to work on own initiative