Vice President, Product Management Business Loans, Consumer Banking Group

About the job

Job Pupose: The Vice President, Product for Business Loans will manage the complete lifecycle of our business loan products, ensuring profitable growth and market adoption. This role requires a professional with a deep understanding of market dynamics, customer needs, and financial acumen to define product strategy, oversee development, and ensure successful market integration. A key focus will be on government-backed loan schemes, particularly Mudra loans. The role will collaborate extensively with Credit Risk, Platforms, Marketing, Sales, and Operations teams to deliver innovative and customer-centric business loan solutions. Key Accountabilities:

- Product Strategy & Definition (Business Loans):

- Define the strategy and roadmap for business loan products, aligning with overall business objectives.

- Identify target segments for business loans, including micro and small enterprises, and develop compelling value propositions.

- Conduct market research, including analysis of competitor business loan offerings and government-backed schemes like Mudra loans, to inform product positioning and strategy.

- Develop and implement pricing strategies for business loan products to optimize sales volume and profitability.

- Create business cases for new business loan product proposals, securing internal approvals.

- Collaboration with Credit Risk:

- Partner with credit risk teams to define and refine underwriting policies and processes for business loans, balancing risk and market competitiveness, with specific attention to Mudra loan guidelines.

- Integrate credit risk considerations into all stages of business loan product development.

- Contribute to underwriting strategies across the business loan portfolio, including specific sub-segments for Mudra loan beneficiaries.

- Partnership with Platforms & Technology Teams:

- Work with platform teams to define system requirements for business loan products, ensuring successful setup and integration.

- Drive process improvements and collaborate with technology teams to maintain a business loan product roadmap aligned with corporate objectives.

- Go-to-Market & Performance Management:

- Develop and deliver go-to-market launch plans for business loan products.

- Monitor and improve the performance of business loan products, including volume, revenue, and profit forecasts.

- Gather customer feedback to inform continuous product enhancement. Qualifications :

- Masters degree in business management, finance, or a related field.

- Proven experience in product management within business loans, including strategy definition, pricing, and market launch.

- Strong understanding of credit risk considerations and underwriting policies specific to business loans.

- Demonstrated in-depth knowledge of government-backed loan schemes, with a particular emphasis on Mudra loans.

- Experience collaborating with technology and platform teams for system setup and integration.

- Excellent communication, interpersonal, and influential skills.

- Strong analytical and problem-solving abilities. DBS India - Culture & Behaviors:

- Drive performance through Value Based Propositions

- Build pride and passion to protect, maintain and enhance DBS’ image and reputation

- Enhance knowledge base, build skill sets & develop competencies

- Invest in team building & motivation through ideation & innovation

- Execute at speed while maintaining error free operations

- Develop a passion for performance and grow the talent pool

- Maintain the highest standards of honesty and integrity

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