Assistant Vice President, Product Manager Loan Against Property , Consumer Banking Group

About the job

Key Responsibilities

- Product Strategy, Market analysis:

- Develop and execute a comprehensive product strategy for the LAP portfolio, aligning with overall business objectives and market trends.

- Conduct in-depth market research and competitive analysis to identify growth opportunities and adoption of best practices

- Monitor and analyze key performance indicators (KPIs) such as portfolio growth, disbursals, asset quality, customer acquisition channels, and productivity

- Stakeholder Management & On-ground Support:

- Collaborate closely with various internal stakeholders including Sales, Credit, Operations, Legal, Compliance, and Marketing teams to ensure seamless product delivery and support.

- Provide on-ground support to sales teams, branches and other relevant stakeholders to facilitate product understanding and address operational challenges.

- Work with the Sales team to develop effective sales strategies, training programs, and marketing collateral

- Engage with external partners and vendors as needed to enhance product capabilities and service delivery.

- Process Improvement & Funnel Efficiency:

- Work on implementing new processes to drive funnel efficiency and improve conversion rates.

- Gather customer feedback and insights to inform product enhancements and ensure high levels of customer satisfaction.

- Risk & Compliance:

- Ensure compliance with relevant regulatory guidelines, internal policies, and risk management frameworks

- Work with Risk and Compliance teams to assess and mitigate risks associated with the LAP portfolio. Qualifications

- Education: Bachelor's degree in Business Administration, Finance, Marketing, or a related field. An MBA or equivalent advanced degree is preferred.

- Experience:

- Experience in product management within the banking or financial services industry, with a strong focus on secured lending .

- Proven experience in managing Loan Against Property (LAP) or secured lending products is essential.

- Skills:

- Strong analytical and problem-solving skills, with the ability to interpret complex data and make data-driven decisions.

- Excellent communication, presentation, and interpersonal skills, with the ability to influence and collaborate with diverse stakeholders.

- In-depth understanding of the Indian consumer lending market, regulatory environment, and competitive landscape.

- Ability to manage multiple projects simultaneously in a fast-paced environment.

Location: Regional Office Mumbai Job: Product Management Schedule: Regular Employee Status: Full time