Product Head - NBFC

Role :Product Head

Location : Delhi

Position based with a large NBFC in Delhi.

You will be responsible for the complete product development life cycle- including strategy, planning, delivery and in-life optimization and success of products.

Key Responsibilities :

- Understand and analyze user needs and conduct research on markets and competitors.

- Build & Manage the Product roadmap to support organization goals and strategies.

- Devising new program strategies undertaking detailed customer analytics with the objective of enhancing revenue and client reach.

- Manage the lifecycle strategy and implement strategies to optimize portfolio performance

- End-to-End responsibility for the product strategy, pricing & yield management.

- Ensure solid partnerships and X-selling opportunities across range of products

- Assess relevant customer, competitor and industry insights to help define strategies to improve customer experience and portfolio growth.

- Advise and provide insights and recommendations on innovative and strategic product

development, product targeting & strategic product development

- Conceiving and driving contests for sales incentives, x-sell, products and strategizing digital initiatives

- Develop & execute all product related performance metrics (including tracking of portfolio

quality) and streamline the data flow concerns if any in all products / programs handled

- Understanding of P&L with respect to Asset business, well versed with MIS & Presentation highlighting key trends and suggest actions to be taken

- Ensure regular review of credit policy, product, regulatory guidelines and accordingly initiate required changes in policies / processes

- Undertakes risk, regulatory and compliance assessments for all new product development and existing product modifications. Ensures compliance and adherence to internal policies & NBFC guidelines in product design.

- Prepare budget in coordination with Finance and Business Head basing the requirement.

- Review actual against budget in all aspects, profitability, top-line and bottom line and minute analysis of P&L.

- Sets up an effective product training mechanism for the sales team and channel partners for effective sales

- Continuous review of internal systems, processes, IT systems and policies to propose improvements. It is to ensure that organization product offering remain competitive in market.

- Use agile methodologies to define requirements, prioritize features, provide business guidance, and perform acceptance testing, for new products and for enhancements to existing products

- Lead a team of Product Managers and collaborate with the engineering and business teams to ensure timely delivery of new products