Senior Product Manager Loan Management System

Location:

About the Role

Senior Product Manager – Loan Management System (LMS)

product owner for post-disbursement lifecycle

most powerful NBFC LMS platforms in the country

Key Responsibilities

Product Vision & Strategy

• Define and continuously refine the

  long-term product vision and roadmap

  for Graviton LMS.
• Build a robust servicing engine covering:
  

• Repayments & Schedules (RPS, dynamic reschedules)

• Interest Accruals (daily/periodic), IRR, APR, ROI

• Part-prepayment & Foreclosure

• Restructuring, Write-offs, Waivers

• NPA / IRAC classification & reversals

• Multi-disbursement / tranches, top-ups

• Co-lending splits, securitisation / assignments

• Charges engine, penalty logic, fee income

• Align roadmap with

  business outcomes

  : portfolio quality, collections efficiency, accurate accounting, and regulatory compliance.

Leadership & Ownership

• Act as

  Product Lead for LMS

  – own the backlog, priorities, and product quality across multiple clients.
• Lead and mentor a small team of

  Product Managers / Business Analysts / SMEs

  working on LMS.
• Drive

  cross-functional alignment

  between:
• Product, Engineering, QA, Implementations, Support, and Founders.
  
• Set up and enforce

  product processes

  : documentation standards, change control, versioning, release notes, and rollback strategies.

Domain & Architecture Understanding

• Bring deep understanding of:
  
• NBFC loan products –

  PL, BL, LAP, HL, LAS, Vehicle, MSME, OD/LOC, Co-lending, Pool/Bulk loans

  .
• Loan lifecycle from

  disbursement servicing NPA closure

  .
• RBI guidelines around

  NPA, IRAC, interest reversal, provisioning (at a conceptual level)

  .
• Work closely with architects/CTO to

  shape system design

  :
• Posting architecture (what hits principal, interest, charges, GST etc.)
  
• How schedules, accruals, and GL entries tie together.
  
• Integrations with accounting, collections, and external systems.
  

Mifos / Fineract & Open-Source Stack (Preferred)

• Bonus if you have hands-on experience with:
  

• Mifos X / Apache Fineract

  or any open-source core banking / LMS.
• Product configuration, loan accounts, schedule generation, charges, and accounting within such systems.
  
• Ability to:
  
• Understand existing

  Fineract/Mifos data models

  and workflows.
• Work with tech team on

  extensions/customizations

  instead of reinventing from scratch.
• Participate in

  migration projects

  from legacy LMS (OmniFin, FinnOne, Pennant, AllCloud, etc.) to a Fineract/Mifos-based stack.

Execution & Delivery

• Convert high-level client requirements into

  detailed PRDs, user stories, edge cases, and workflows

  .
• Own:
  
• Backlog grooming and prioritization.
  
• Sprint planning with Engineering.
  
• UAT planning with clients.
  
• Final go-live acceptance from a product standpoint.
  
• Proactively identify

  risks and edge cases

  (e.g., part-pay on overdue EMI, back-dated entries, rate changes mid-tenure, moratoriums, restructuring).

Stakeholder & Client Management

• Work directly with

  CXOs, Heads of Credit, Operations, Finance, Collections

  at NBFCs.
• Lead

  requirement workshops, product walkthroughs, and sign-off discussions

  .
• Handle escalations with clarity, transparency, and strong solution orientation.
  
• Negotiate

  scope vs timelines vs product quality

  , protecting the core platform while being pragmatic.

Product Quality, Governance & Compliance

• Work with QA to design

  strong regression suites

  for LMS:
• Schedules, foreclosures, part-pays, NPAs, rate changes, etc.
  
• Ensure every change in LMS has:
  
• Clear documentation.
  
• Test cases.
  
• Rollback/impact awareness.
  
• Ensure configurations and features are

  aligned with RBI and statutory guidelines

  (conceptual guidance – legal/compliance support will exist).

Required Skills & Experience

Must Have (Non-Negotiable)

• 7–15+ years of total experience

  , with

  minimum 5+ years in NBFC lending technology / LMS

  .
• Strong product experience with at least one of:
  
• LMS / Core systems like

  OmniFin, FinnOne, Pennant, Flexcube, Finflux, AllCloud, Mifos/Fineract, etc.

• Deep understanding of:
  

• Loan schedules, interest computations, accruals vs cash, NPA/IRAC, reversals, waivers, write-offs, restructuring.

• EMI logic, overdue handling, penal interest, part-prepayments, foreclosure

  .
• Demonstrated experience of:
  
• Leading

  at least one major LMS implementation or migration

  end to end.
• Working closely with Tech teams (API-first mindset, microservices familiarity is a plus).
  
• Strong documentation skills:

  world-class PRDs, flows, sequence diagrams, and release notes

  .

Preferred / Good to Have

• Experience with

  Mifos X / Apache Fineract LMS

  :
• Understanding of data model, loan product configuration, accounting mappings.
  
• Exposure to Fineract APIs and integration patterns.
  
• Experience with:
  

• Collections Systems, Rule Engines (BRE), Accounting Systems, Payment Gateways (BBPS, NACH, PGs), eSign, eNACH.

• Co-lending

  (multi-partner splits, different ROI/IRR per partner).

• Pool / securitisation / assignment

  workflows.
• Prior experience in a

  Product Lead / Group PM / Senior PM

  role.

Soft Skills & Leadership Traits

• Owner mindset

  – behaves like a mini-CEO of LMS.
• Excellent spoken and written English; can

  talk to developers and board members

  with equal comfort.
• Highly structured thinker – breaks down complex problems into solvable modules.
  
• Strong at

  prioritization and saying “no”

  when required.
• Comfortable working in a

  fast-paced, high-expectation startup environment

  .
• Mentoring and coaching capability for junior PMs/BAs.
  

Why Join Graviton?

• Build and scale a

  next-gen lending stack

  used by 30+ NBFCs/Banks.
• Direct access to

  founders and core decision-making

  .
• High-ownership, high-impact role where your product decisions directly affect

  thousands of borrowers and crores of AUM

  .
• Work on

  deep tech + deep lending domain

  , including

  Mifos/Fineract-based architectures, co-lending, LAS, dynamic engines

  , and more.