Product Manager

2 weeks ago


Mumbai, Maharashtra, India Corphive Full time
A. Role PurposeEquipping the business team with insights on book/portfolio behavior withnecessary data supportSupport the business/front end team with product & process initiative

Position ResponsibilitiesProduct Development & Maintenance:

  • Identification of banking needs through competition analysis (primary & secondaryresearch)
  • Identify markets/segments for which products are best fitted variants through feedbackfrom branches/channels/research/customers
  • Develop offering based on potential of segments/regions keeping in mind ideal productmix required
  • Customisation requests for CA basis customer's business requirement & commitment
  • Plan for promotional activities & campaign for product offerings
  • Product Launch
  • Positioning, Branding, Marketing Collaterals, Communication, Roll out

2 Process / Product Management:

  • Implement enhancements in product portfolio in line with present value offering(product, pricing, schedule of charges and packaging)
  • Review processes suggest improvements resulting into TAT / Cost reduction and bettercustomer service / experience
  • Relationship management with all stake holders for putting up the requirements inplace – BSG, Operations, Cost Teams, Audit, Compliance, Legal, Marketing, etc.
  • Product Training
  • Channels, Branches
  • Classroom / Knowledge Series / FAQs, etc.
3 Product Profitability / Fee Income

  • Periodical review of Product Profitability
  • Customised accounts profitability review for tracking commitment
  • Fee Income – Monitor & review growth in fee income visàvis targets
  • Design & implement plans to improve penetrations in alternative channel and xsellproducts along with other relevant teams
4 Product / Process Compliance

  • Ensuring the product offerings / campaigns are in line with regulatory guidelinesi.e. product features, charges, services, etc. are in accordance
  • Ensure new product design adhere to all internal processes and procedures ofthe bank
  • Coordinate with the Process, Branch Banking, Channel, Compliance, Risk forAudit & Compliance related parameters and their fulfilment related to CA product


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