Product Manager

3 weeks ago

Mumbai Maharashtra India, Maharashtra IndusInd Bank Full time

Job Title - Product Manager – FD & ODAFD

Department - Product Management - Consumer Banking

Location - Mumbai


Role Overview


We are seeking a dynamic and detail-oriented Product Manager to lead the development, management, enhancement, and create digital journey of our Overdraft against Fixed Deposit (FD) & Fixed Deposit product. The ideal candidate will oversee the end-to-end product lifecycle, streamline processes, ensure regulatory compliance, and deliver a seamless experience for our customers. This role requires a deep understanding of OD & FD products, risk management, and process within the banking sector


Key Responsibilities


Product & Portfolio Management:


  • Develop and execute the product roadmap & strategy for ODAFD product, aligning with the bank’s digital transformation objectives.
  • Conduct peer benchmarking, customer segmentation, define product features, benefits, and value propositions aligned with customer needs and market trends.
  • Collaborate with cross-functional teams including Risk, Compliance, Ops, Credit and Technology to launch new features and improvements.
  • Develop business cases for new features and product enhancements, including financial projections and ROI analysis.
  • Monitor existing portfolio, usage patterns, P&L, nonperforming cases etc.
  • Prepare regular reports for senior management with insights and recommendations.


Policy & Processes Management pertaining to FD & ODAFD:


  • Review & enrich standard operating procedures (SOPs), Policy documents, Product T&C, Deliverables & Collaterals etc. on a regular basis.
  • Review existing processes ODAFD processes, identifying bottlenecks, inefficiencies, and areas for improvement. Standardization of processes for improved customer experience.
  • Design and implement streamlined, efficient, and compliant processes for ODAFD, both digital and physical.
  • Work closely with operations, risk, compliance, and legal teams to ensure all processes adhere to regulatory guidelines and internal policies.



Digital Journey Ownership:


  • End-to-end ownership of the digital customer journey for ODAFD, from application and sanction to disbursement, repayment, and closure.
  • Design intuitive, user-friendly, and secure digital interfaces (web, mobile app) that provide a seamless customer experience.
  • Collaborate closely with design and technology teams to ensure timely and high-quality delivery of digital features.


Regulatory Compliance:

  • Stay abreast of relevant banking regulations and compliance requirements related to lending products and digital financial services.
  • Ensure all product features and processes are fully compliant with internal policies and external regulations.
  • Ensure that all queries received from Regulators are addressed in a timely manner.


Ownership of P&L and the Budgets:


  • Responsible for ODAFDs Budgets and P&L, revenues Targets, Channel Productivity, usage and adoption.
  • Responsible for Growth of OD, Revenues across Customer Segments and Geographies.


Job Requirements


  • Must have banking experience with at least 5-7 years in FD/FDOD product role.
  • Should have handled product development /product launch experience in retail liabilities/assets
  • Preferred: MBA/PGDM in Finance/Marketing from Tier 1 or Tier 2 institute

  • Product Manager

    3 weeks ago

    Mumbai, Maharashtra, India, Maharashtra Kotak Mahindra Bank Full time

    Role: Product Manager LeadResponsibilities:Product Growth:Enhancing customer affinity by bringing in features improving time spent by customer on CherryIncreasing DAU and MAU by building engagement tools on the platformsImprove D2C customer transactions via effective marketing strategies and product enhancementsProduct Building/Roadmap:Provide product...

  • Product Manager

    3 weeks ago

    Mumbai, Maharashtra, India, Maharashtra Billeasy Full time

    Billeasy, we’re not just building a team, we’re building a troop.No mass hiring. No revolving door. Just real people, real passion, and a place you can actually grow.We’re looking for someone who isn’t just job-hopping for better coffee. We want someone who’s ready to stick around for at least 3 years, build with us, learn with us, and maybe even...

  • Product Manager

    3 weeks ago

    Mumbai, Maharashtra, India, Maharashtra 5paisa Full time

    About us:5paisa Capital Ltd. stands at the forefront of India's fintech revolution, offering a comprehensive digital platform for retail investors and traders. With a commitment to democratizing financial services, 5paisa provides a suite of products including Stocks, Futures & Options, Mutual Funds, IPOs, all accessible through user-friendly mobile...

  • Lead Product Designer

    7 hours ago

    Mumbai, Maharashtra, India CaratLane - A TATA Product Full time ₹ 6,00,000 - ₹ 18,00,000 per year

    Are you passionate about designing beautiful experiences at scale? Do you thrive on simplifying complex systems for real users with a knack of storytelling ? At CaratLane, we're looking for a Lead Product Designer to lead our online Design Team—the team behind how customers buy, try, and fall in love with CaratLane Jewellery - This role will redefine the...

  • Global Product Manager

    3 weeks ago

    Mumbai, Maharashtra, India, Maharashtra Meril Full time

    Job Title: Product Manager – UrologyLocation: Mumbai (Andheri E)Position Summary:The Product Manager – Urology will be responsible for managing the lifecycle of urology-related medical devices from strategic planning to execution. This role requires a deep understanding of the urology segment, competitor landscape, clinical environment, and customer...

  • Juinor Product Manager

    3 weeks ago

    Mumbai, Maharashtra, India, Maharashtra Nerve Solutions Full time

    Designation - Junior Product ManagerLooking for Mumbai Based Candidates.Responsibilities:Be the bridge between business users and the development team to define and develop product features that meet business needs and opportunities.Closely coordinate with internal engineering teams and client product teams.Create and manage release plans for product updates...

  • Senior Product Manager

    3 weeks ago

    Mumbai, Maharashtra, India, Maharashtra Ajanta Pharma Ltd Full time

    Job Title: Sr. Product Manager / Product Manager (Derma) - Domestic BusinessExperience: 5 to 10 years of product marketing experience.Qualification: B. Pharma + MBA - Marketing or Pharma ManagementTherapy/Department: Derma (preferred), we are open to consider candidates from any therapy.Industry Preference: PharmaJob Location: Head Office, (Andheri-...

  • Product Manager

    3 weeks ago

    Mumbai, Maharashtra, India, Maharashtra Hiranandani Financial Services Full time

    Role & responsibilities:Formulation & Review of existing Mortgage product Programs, Policies & enhancements to the program. Formulate regional /state policies for different regions/states for Secured Business product and its implementationProcess Enhancements & consistent improvements to streamline existing processes on Logins, Disbursements, systems for...

  • Product Design Manager

    3 weeks ago

    Mumbai, Maharashtra, India, Maharashtra Perfios Full time

    About Perfios: Founded in 2008, Perfios is a global B2B SaaS fintech company serving the Banking, Financial Services and Insurance industry in 18 countries, empowering 1000+ Financial Institutions. Through its pioneering software platforms and products, Perfios helps Financial Institutions take big leaps by shaping their origination, onboarding, decisioning,...

  • Senior Production

    3 weeks ago

    Mumbai, Maharashtra, India, Maharashtra WinMagic Toys Ltd Full time

    Company DescriptionWinMagic Toys Ltd. is in the business of creating and spreading happiness, pride, and unity among children and families. As a multi-brand kids merchandise marketing and distribution company, WinMagic offers a wide range of world-class toys, games, and kids' products at both offline and online retail stores. The company is committed to...