Product Manager-Rural Business Banking

Role Overview: As a Product Manager - Rural Business Banking in the Retail Banking department, your role involves facilitating the product, process, and policy framework. You will work closely with all relevant stakeholders, such as Business, Risk, U/w, Ops, Collections, Compliance, IT, etc. Your responsibilities include designing new products, modifying existing programs, digitizing processes, simplifying processes, aligning policies with market requirements, and creating business-friendly processes to ease doing business. It is essential to engage with the frontend team for feedback and suggestions, impart training, share product and process knowledge with the business team, provide real-time support, work with the sales team for targeted sourcing, and design and monitor the commercial deviation metric. Key Responsibilities: - Design new products & processes from conceptualization to launch and subsequent monitoring - Evolve existing products/processes, address gaps, and take corrective measures - Evaluate product performance on various parameters like geo penetration, pricing, early delinquency, and profitability - Conduct competition benchmarking, track market trends, and peer offerings - Provide regular training to the front end team, including initial onboarding - Monitor sourcing and portfolio pricing trends, highlight areas of concern, and engage with teams for feedback - Constantly monitor the portfolio health, profitability, cost, resource activation, and productivity - Ensure timely renewals, closure of covenants & deferrals, and servicing of dues - Monitor inventory flow, conversion rates, and TAT - Monitor resource level activation and productivity - Work on digital solutions to simplify processes and improve TAT Qualification Required: - Graduation in any field - Post-graduation in MBA - Professional Qualification/Certification as a Chartered Accountant (CA) - 2 to 5 years of relevant experience Note: Always ensure to copy and paste the content into a Word document for verification of the look and feel. Avoid using abbreviations and maintain consistency in font size, spacing, and font color as per the given instructions.,