Product Manager - International Remittance - Bank

This is regarding opening with a leading Pvt Bank as a Product Manager International Remittance

Designation: Product Manager International Remittance

Experience: 8+ years of work experience in Product Management in International remittance

Location: Mumbai

Job Role:

- Develop and enhance the Inward International Remittance product's structure for Bank.

- To have a working knowledge of the most recent RBI/FEMA, RDA, and MTSS requirements for effective product and process design relating to international remittance products.

- To comprehend the details of compliance activities for an AD2 licence holder for Inward International Remittance

- Form partnerships with new companies to increase volume, transactions, and fee servicing

- Maintaining relationships with current B2B partners to foster growth in business

- Responsibility for leading the whole product P&L and optimising the P&L through cost containment and increased product margin.

- Facilitating foreign remittances into the country through the Bank channel by driving conversations with specific channel heads

- Promoting and accomplishing the volume of inward international remittances, fee income, and targeted transactions.