VP/SVP - Product Manager - Personal Loan (15-25 yrs)

4 weeks ago


Navi Mumbai, Maharashtra, India iimjobs Full time
VP/SVP Product Manager- Personal Loan

Purpose of the role:

Product Manager for Personal Loans is responsible for overseeing the development, management, and enhancement of a financial product designed.


Key responsibilities:

Job description:

  • Product Development: Developing and enhancing personal loan products, considering market trends, customer needs, and competitive landscape.
  • Market Research: Conducting market research to identify customer preferences, competitor offerings, and emerging trends in personal loans.
  • Strategy Planning: Formulating product strategies, including pricing, positioning, and gotomarket plans.
  • Requirements Gathering: Collaborating with crossfunctional teams to gather and prioritize product requirements.
  • Product Lifecycle Management: Overseeing the entire product lifecycle, from ideation to retirement, to ensure products remain competitive and profitable.
  • Risk Management: Assessing and mitigating risks associated with personal loan products, such as credit risk and compliance with regulations.
  • Data Analysis: Analyzing customer data and performance metrics to make datadriven decisions for product improvements.
  • Customer Experience: Focusing on delivering an exceptional customer experience through userfriendly loan applications and support services.
  • Collaboration: Collaborating with teams like marketing, sales, and underwriting to ensure alignment with product goals.
  • Regulatory Compliance: Staying updated on relevant regulations and ensuring that personal loan products are compliant.
  • Budget Management: Managing budgets and financial performance related to personal loan products.
  • Communication: Effectively communicating the product vision and progress to stakeholders within and outside the organization.
  • Continuous Improvement: Identifying areas for improvement and optimizing personal loan products based on feedback and performance data.
  • Customer Support: Collaborating with customer support teams to address customer inquiries and concerns related to personal loans.


This role requires a blend of financial knowledge, market awareness, and project management skills to successfully develop and manage personal loan products.



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