Product Manager/Head - Personal Loan - NBFC

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

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

- Transforming the personal loans process with a focus on simplification and improving customer experience and reduced TAT

- 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

Required Skills and Knowledge :

- Having knowledge of different bank policies and market practices on Personal Loan product

- Experience in Retail Assets - Product role (preferably Personal Loans)

- Has experience in implementing new product process

- Excellent written and oral communication skills

- Ready to fit in a fast paced and agile working culture

- Ability to handle multiple task in a high paced work environment

- Proficient in MS Office - Advance Excel applications

Education and experience:

- Degree in any discipline

- 8 - 12 years of experience