Novac Tech - Product Manager/Senior Product Manager - Lending

Experience : 6-10 years

- We are looking for a highly motivated and experienced Product Manager / Senior Product Manager to lead the product development lifecycle from ideation to execution in the Lending/Fintech domain (Digital Lending, Personal Loans, MSME Loans, Consumer Finance, or Credit Products).

- The ideal candidate will have a strong background in product management, experience in creating and managing BRDs (Business Requirement Documents) and FRDs (Functional Requirement Documents), and a proven track record of building and scaling lending or credit products.

Key Responsibilities

- Define and execute the product roadmap aligned with business objectives specific to the Lending Financial Services industry.

- Collaborate with cross-functional teams, including credit risk, underwriting, collections, operations, compliance, engineering, design, marketing, and partnerships, to ensure seamless product development and delivery.

- Gather and analyze user, risk, and business requirements to create BRDs and FRDs, ensuring clear documentation of business rules, credit policies, and functional workflows.

- Design and optimize end-to-end lending journeys - onboarding, KYC, bureau checks, credit decisioning, loan disbursal, repayment, and collections.

- Conduct market research, competitor benchmarking, and regulatory assessments to identify trends and opportunities in digital lending and credit ecosystems.

- Define key product metrics such as approval rates, TAT, conversion, CAC, portfolio quality, delinquency rates, and customer LTV, and drive data-driven decisions.

- Work closely with stakeholders to prioritize product features and enhancements based on customer needs, risk controls, and compliance requirements.

- Oversee the complete product lifecycle: ideation, planning, development, launch, monitoring, and post launch optimization.

- Ensure compliance with RBI regulations, KYC/AML norms, data privacy standards, and lending compliance frameworks.

- Drive integrations with credit bureaus, payment gateways, KYC vendors, account aggregators, and lending partners.

Required Skills & Qualifications

- 6+ years of experience in product management, with at least 5+ years in Lending/Fintech/NBFC/Banking credit products.

- Strong experience in creating and managing BRDs and FRDs for financial workflows.

- Proven track record of successfully launching and scaling digital lending or credit products.

- Deep understanding of credit underwriting, risk assessment, loan lifecycle management, collections, and regulatory requirements.

- Familiarity with loan management systems (LMS), LOS (Loan Origination Systems), credit bureau integrations, and digital KYC flows.

- Excellent problem-solving and strategic thinking abilities.

- Proficiency in Agile methodologies and experience with tools like Jira, Confluence, or similar.

- Strong analytical skills with hands-on experience in data-driven decision-making.

- Excellent communication and stakeholder management skills.

- Bachelor's/Master's degree in Business, Finance, Engineering, Computer Science, or a related field.