Product Manager/ Senior Product Manager Collections

As a Product Manager/Senior Product Manager - Collections at Novac Technology Solutions Private Limited, a Shriram Group Company, you will have the opportunity to join one of India's Top 100 Best Companies to Work for. Novac Technology Solutions is a digital transformation and cloud solutions company specializing in Financial Services, Insurance Services, Retail Solutions, and Learning Solutions. In this role, you will play a key part in innovating and creating a niche for organizations in the constantly evolving digital landscape. Your primary responsibility will be to lead the development and enhancement of collections products. This will involve a deep understanding of collections processes, debt recovery strategies, digital lending, and financial technology solutions. Working closely with cross-functional teams, including engineering, design, data analytics, and operations, you will drive innovation and efficiency in collections strategies. Key Responsibilities: - Develop and own the product roadmap for collections, ensuring alignment with business goals and customer needs. - Design and enhance digital-first collections strategies, leveraging AI, machine learning, and automation tools. - Collaborate with stakeholders to define product requirements and work closely with engineering teams to deliver solutions. - Optimize workflows for collections, reducing delinquency rates and improving recovery efficiency. - Work with compliance and legal teams to ensure adherence to regulatory requirements in collections. - Monitor product performance, analyze data, and implement enhancements based on insights and market trends. Key Skills & Qualifications: - Bachelor's/Masters degree in Business, Finance, Technology, or a related field. - Minimum 5 years of experience in product management and development within BFSI, fintech, or digital lending sectors. - Strong understanding of collections lifecycle, debt management, and regulatory frameworks. - Ability to collaborate across teams and drive execution in an agile environment. - Strong problem-solving skills, analytical mindset, and customer-first approach. - Excellent communication, stakeholder management, and leadership abilities.,