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04/07 Bhumika
Managing Partner at Kairos Consulting India

Views:736 Applications:177 Rec. Actions:Recruiter Actions:140

Product Manager - Personal Loan - NBFC (5-10 yrs)

Mumbai Job Code: 1120216

Purpose of the Job - Responsible for function across entire product life cycle from strategy to evaluation, enable the on-ground execution of product strategy, business planning for Personal Loans business. Will work cross functionally to complete product roadmaps and discover newer opportunities

Product Management

- Developing New Products, Schemes, Incentive Structures and modification in existing products in Personal Loans segment

- Managing product and process strategy for Personal Loans- also help imagine products with different models for acquisition (e.g. product offerings through various channel tie-ups)

- Portfolio management and managing product features

- Conceptualization and executing marketing activities for increasing direct business

- Liaising with stakeholders across different teams (policy, operations, risk, compliance, marketing etc.) for the product team

- Approval, Rollout & Training of new product and schemes to all stakeholders

- Monitoring performance and profitability of schemes and products

Process, Policy Management

- Work with Policy, Underwriting and IT teams to create & streamline "Digital First" journeys

- Work along with Policy & Credit teams to bring about changes in policy as required

Channel Partners & Business Development

- Designing & implementing campaigns, sales contests and programs to grow business

- Supporting the sales teams in their various requirements

- Maintain communication and feedback channels with key channel partners; monitor business metrics and outcomes in line with agreed terms; Maintain performance levels with the agreed risk parameters; ensure timely payout processing

Competition Benchmarking

- Maintain data on competition and external market and suggest suitable modifications to policies and/or processes

Special Projects

- Design & Develop various functionalities as per requirement

Strategic Initiatives

- Analyzing MIS and Analytics to give high level inputs and strategy to the senior management to implement initiatives.

- Responsible for designing strategy for resource allocation, new tie ups, cross selling campaigns through referrers, policy and process improvement.

- Understand application processing for Personal Loans across different operating models and look to recommend possible improvement

Role Reports to - Business Head

Essential Experience - Graduate / Post Graduate from any stream

- 7-10 years of relevant experience in unsecured loans (PL, BL) industry

- 3+ years of experience on product management

- NBFC experience preferred, open market channel experience preferred

Women-friendly workplace:

Maternity and Paternity Benefits

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