Product Manager - Commercial Banking

Job Requirements

Job Purpose:

Roles & Responsibilities

• Technological Advancement:
• o SFDC conceptualization and implementation in coordination with technical team
• o Enhancements and enrichment of features to meet the product / programs/ process requirements
• o CBS or other technical developments to meet the product requirements.
• Product development:
• o Define and develop new financial product programs and manage existing ones through their life cycle.
• o Conduct market research, analyze competitors, and identify customer needs to inform strategy.
• Portfolio and Process:
• o Review of Existing Products / Policy/ SOP and modifications along with new product /program launch
• o Co-ordinate for RBI inspection, Internal and Statutory Audit and ensuring for closure all the queries raised by the concerned auditors.
• o Monitor the portfolio performance like Covenants/ Annual reviews, overdue, etc.
• o Serve as a central point of contact for teams like IT, Risk, Legal, operations, and compliance.
• o High proficiency requirement in excel and power point
• Managing the Commercial Banking Lending Portfolio in regards to Overdue Monitoring, Performance and other key parameters.
• Present the management with a regular update on the wholesale lending portfolio.
• Track key performance and analyze product performance to identify areas for improvement.
• Represent Commercial Banking and collaborate with Compliance to facilitate data submission and smooth conduct of the RBI inspection/ Internal Audit/ Statutory Auditors.
• Develop new and maintain Relationship with the IDFC First Bank vendors / data aggregators crucial for lending requirement.
• Provide support to Business RMs on Product query resolution on transactions related matters.
  

Education Qualification

• Graduation: Any graduate
• Post-graduation: Any post-graduate
  

Experience