Job Title: Product Manager Micro LAP / Secured Business Loans Department: Retail Assets / Secured Lending Location: Mumbai Experience: Product/Portfolio Management (Secured Lending/Micro LAP preferred) Job Summary: We are seeking a dynamic and analytical Product Manager Micro LAP/Secured Business Loans to lead the design, development, and growth of our secured lending products targeted at micro and small business customers. You will own the end-to-end product lifecycle and collaborate across credit, sales, risk, tech, and compliance teams to drive scalable, profitable growth. Role & responsibilities Key Responsibilities: Product Strategy & Development - Design and own the product roadmap for Micro LAP/Secured Business Loans. - Develop features, pricing, documentation norms, and process workflows tailored to micro-entrepreneurs and informal MSMEs. - Benchmark products against competitors and market demand to ensure competitiveness and customer relevance. Policy & Credit Structuring - Collaborate with credit & risk teams to define loan eligibility, LTV norms, collateral acceptance guidelines, and deviation matrices. - Ensure alignment with RBI & internal compliance frameworks. Portfolio & Business Management - Monitor product performance (disbursements, yields, delinquencies, cross-sell). - Use portfolio analytics to refine product pricing, structure, and risk norms. - Drive initiatives for product profitability, cost optimization, and yield improvement. Stakeholder Management - Coordinate with operations, tech, legal, and compliance to ensure smooth implementation and process alignment. - Act as the subject matter expert for field teams, providing product training and support. Innovation & Customer-Centricity - Identify new customer segments, delivery channels, and digitization opportunities for secured lending. - Pilot new loan structures, rural/semi-urban sourcing models, or fintech partnerships. Preferred candidate profile Key Requirements: - MBA / PGDM / CA preferred with a background in BFSI or NBFC sectors. - Experience in Product Management, especially in LAP, secured business loans, or MSME finance. - Strong understanding of secured lending policies, credit underwriting frameworks, and microfinance customer profiles. - Experience in working with field sales teams, branch models, and semi-urban/rural geographies. - Familiarity with loan origination systems (LOS), core banking systems, and product digitization is a plus. - Excellent analytical, communication, and project management skills. Preferred Attributes: - Prior experience in a Small Finance Bank, Microfinance NBFC, or Fintech focused on Micro LAP lending. - Exposure to tier 2–3 markets and a strong grasp of customer needs in low-ticket LAP segments (e.g., 1L – 15L). What We Offer: - Opportunity to shape the secured loan portfolio in a high-impact, customer-driven segment. - Cross-functional exposure with growth potential into leadership roles. - A mission-driven team environment focused on financial inclusion and innovation.

Great opportunity for freshers to work alongside Industry veterans and have a steep learning curve across Companies Act and ROC compliances besides RBI compliances for NBFCs. Expected good English writing skills and hunger to grow up the ranks. Annual bonus Health insurance Provident fund Life insurance Flexi working Travel allowance Accidental insurance Maternity policy Performance bonus