Product Manager - Savings

2 - 5 years

0 Lacs

Posted:2 weeks ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Job Requirements

Role/Job Title:

Product Manager - Savings Account

Function/Department:

Retail Liabilities

Job Purpose

Responsible for defining product strategies to maximize business impact, maintaining long-term strategies with periodic updates, ensuring adoption across stakeholders, and program managing the product lifecycle with upgrades as needed.

Roles & Responsibilities

  • Work with Business/ Product or product head on the devising the growth strategy for respective banking products.
  • Create a long-term strategic plan by identifying, evaluating, and prioritizing possibilities and tactical product investment opportunities through extensive analysis of value chain and external forces.
  • Key project/program management to manage initiatives in their infancy to ensure successful execution
  • Assist in implementing key strategic initiatives as prioritized by the bank.
  • Provide market and technology research and competitive analysis to progress product strategy.
  • Evaluate external trends spanning payments, industry verticals, and technology disruption with the goal of identifying emerging opportunities.
  • Complete an in-depth analysis of the direct and indirect competitive landscape and deliver recommendations spanning learn, build, and buy.
  • Develop robust business cases and strategic rationale for appropriate product investments.
  • Partner with product and banker leadership teams to prioritize product investments.
  • Develop insightful management reporting on the delivery and commercialization status of investments.
  • Work with the marketing team on customer communication for product promotion & regulatory requirements.
  • Partner with engineers, designers, marketing, customer operations, strategy and analytics teams to develop and deliver projects.

Secondary Responsibilities

  • Conducting knowledge sessions with all stakeholders to ensure product awareness & connect ensure continuous product improvement.
  • Provide training to branch / Channel and new on boarded teams as and when required.

Education

Graduation: Bachelor’s in engineering / Technology / Math’s / Commerce / Arts / Science / Biology / Business / Computers / Engineering / Management.Post-graduation: MBA, PGDM.

Experience:

2-5 years of relevant banking experience.

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IDFC FIRST Bank logo
IDFC FIRST Bank

Banking and Financial Services

Chennai

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