Product Manager - FinTech

Company Profile: We have a vacancy as Product Manager based at Worli, Mumbai for our clients who are a highly successful, fast growing, professionally managed FinTech organisation. The organisation is very well funded by some of the World's most prestigious PE firms, has over 10 branches in Inida, book size of over Rs.600 crores and headcount of over 600#. The position reports to the Director-Finance. The organisation is a non-deposit taking FinTech organisation registered with RBI. They are engaged in a highly profitable niche segment of lending business targeting small and medium sized retailers who find it difficult to get financed by traditional financial institutions. The loan offering is quite unique in terms of its parameters such as monetisation of future cash flows from payment cards swiped on Point-of-Sale terminal, flexibility in repayment, and partnership spirit.

It is a one-of-the-kind offering and has created a separate industry in the country. They have developed a specialised technology platform to cater to our special product. They also have CIBIL membership and access to consumer as well as commercial credit data. The company is driven by innovation, technology and entrepreneurial spirit in each sphere.

The company has developed a business framework which not only encompasses traditional lending segments but also has a strong customer relationship program. The development of this framework has led to engagement programs which have been customised for merchants and hence have a relation which would be independent of the loan. This is a unique feature in the product bouquet and leads to opportunities in having a very strong fee based presence in the financials.

The company operates out of its head office in Mumbai.

The position is expected to be closed by mid-December.

Job Description: The position holder will be part of the Corporate Marketing team and report to the Director-Product Management. The position has responsibility for facilitating preparation, launch & tracking of new products in the retail, small/mid-sized unsecured loans lending space.

KRAs

- Scale a fast growing product through customer and business focus

- Own the product P&L, Core lending product and Customer Acquisition product.

- Study market, customer behavior and trends to build a product vision driven by innovation

- Build and own the business case for the product and any other initiatives

- Structure innovative products and variants based on Customer feedback and Partner requirements

- Evolve Customer Acquisition as a product based on business scale needs

- Lead cross functional teams for alignment and execution of product vision

- Lead marketing initiatives for the product including new partnerships

- Work with Tech Product manager to create and upgrade core credit & acquisition platform

Candidate Profile: MBAs from premier institutes with 4-8 years of experience, out of which at least 2 years in Credit products in financial domain. Ability to develop understanding of customer needs through research and create innovative solutions. Understanding of credit products and ability to structure products based on market requirements. Ability to make financial models and business case for credit products. Experience of leading and driving alignment in cross functional teams

Should you be interested in this assignment, kindly contact Urvashi (80970-65731) and mail your latest CV in Word.doc immediately clearly indicating in subject: REF: Prod.Mgr. FinTech along with the following information in the covering letter