Product Manager - Digital Business Loan

Key Responsibilities:

Product Development & Strategy:

- Develop and manage the Digital Business loan

- Design loan structures, pricing models, and credit programs aligned with business goals.

- Identify new business opportunities, customer segments, and partnership models.

- Conduct competitor benchmarking and market research to refine product positioning.

Policy & Process Management:

- Formulate product policies, credit norms, and operational guidelines in coordination with Risk and Compliance teams.

- Streamline processes to ensure faster turnaround time (TAT) and superior customer experience.

- Collaborate with technology teams to digitize loan origination and underwriting workflows.

- Ensure adherence to RBI, company, and audit regulations in all product processes.

Business Support & Growth:

- Work closely with sales and channel partners to drive product adoption and volume.

- Develop incentive structures, training modules, and communication materials for field teams.

- Monitor product performance metrics (disbursal, yield, delinquency, profitability).

- Introduce innovative schemes and tie-ups with OEMs, dealers, and aggregators.

Risk & Portfolio Management:

- Monitor asset quality, early delinquency trends, and product-level profitability.

- Recommend policy changes based on portfolio analytics and market feedback.

- Support internal audits and regulatory reviews related to machinery loans.