Product Manager - Business Rule Engine - FinTech/Lending

Location: Mumbai

Experience: 3 - 7 Years

Industry: Banking / Financial Services / FinTech

Role Overview:

We are looking for a highly analytical and process-oriented Product Manager to own and manage the Business Rule Engine (BRE) ecosystem (e.g., FICO, Sentinel) for lending products. You will be responsible for creating, maintaining, and automating credit underwriting policies for a high-traffic app marketplace.

Key Responsibilities:

1) BRE Ownership: Own the end-to-end product lifecycle of the Business Rule Engine to drive automated decisioning.

2) Policy Management: Collaborate with Risk, Analytics, and Data Science teams to define and configure underwriting policies and credit scorecards.

3) Optimization: Monitor daily performance of decisioning logic and optimize rules to improve conversion rates while adhering to risk appetite.

4) Segment Curation: Work closely with AI Product Managers to curate policies for specific user segments on a regular basis.

5) Compliance & Audit: Ensure all policies comply with RBI, security, and privacy regulations; serve as the point of contact for internal/external credit audits.

6) Technical Implementation: Translate business requirements into functional specs (BRD/FRD) and work with tech teams on BRE staging and API integrations.

7) Data Analysis: Use data to identify trends and gaps in underwriting models to implement enhancements.

Required Qualifications:

1) Experience: 3-7 years in risk or product management within FinTech/Banking, focusing on credit risk or Lending Management Systems (LMS).

2) BRE Expertise (Must Have): Hands-on experience with Business Rule Engines such as FICO, Sentinel, Experian, or similar underwriting engines.

3) Technical Knowledge: Strong understanding of APIs, data flow, and SQL for data validation is mandatory.

4) Risk Knowledge: Deep understanding of Indian retail lending regulations (RBI), KYC/AML guidelines, and credit risk assessment techniques.

5) Education: MBA in Finance/Systems or a related technical degree (B.E/B.Tech) with a Finance certification.

Key Attributes:

1) Analytical Mindset: Comfortable working with large datasets, P&L, and risk metrics.

2) Entrepreneurial Spirit: Ability to drive policy setup in an ambiguous, fast-paced environment involving multiple stakeholders.

3) Collaboration: Strong communication skills to liaise effectively between Risk, Engineering, and Business teams.