Product Management Consultant

As a pivotal member of the Finacle Product Management team, you will lead the ideation, development, and management of payments-related solutions that align with customer needs and drive business growth. Collaborating with cross-functional teams—including development, design, marketing, and operations—you will oversee the end-to-end lifecycle of payment solutions, from market research and product definition to launch and continuous optimization. This role demands a strategic mindset, deep expertise in the payments industry, and the ability to deliver innovative solutions in a dynamic market landscape.Experience: 7-10 yearsKey Responsibilities- Product Vision & Strategy: - Develop and articulate a clear product vision that aligns with company objectives and market needs, driving the strategic roadmap for payments solutions. - Market Research & Analysis: - Analyze industry trends, emerging technologies, and competitive offerings to identify market opportunities and ensure product differentiation. - Product Roadmap & Definition: - Gather and prioritize requirements from customers, stakeholders, and market research. Define product features, create detailed specifications, and develop a prioritized product roadmap. - Cross-Functional Collaboration: - Work closely with engineering, design, and operations teams to guide product development, ensuring high-quality deliverables within defined timelines using agile methodologies. - Customer-Centric Development: - Conduct user acceptance testing (UAT), incorporate feedback, and iterate to optimize the product for customer satisfaction and market relevance. - Stakeholder Engagement: - Act as the primary liaison between internal teams, customers, and external stakeholders, ensuring alignment and smooth communication across all phases of the product lifecycle. - Compliance & Reporting: - Ensure adherence to banking standards (e.g., ISO20022, SEPA, SWIFT), regulatory requirements, and statutory reporting formats.Essential Skills & QualificationsIndustry Expertise:- Over 4 years of experience in the banking/payments domain. - Hands-on expertise in payment systems, including SWIFT processing, clearing systems (RTGS, CHAPS, FED, NACHA), payments hubs, and reconciliation.Technical Proficiency:- Knowledge of payment standards and practices, including ISO20022, SEPA, clearing, and settlement processes. - Proficiency in tools like Jira to manage user stories, epics, and documentation. - Familiarity with software development life cycles (waterfall, agile, etc.).Analytical & Communication Skills:- Proven ability to translate business requirements into clear user stories, acceptance criteria, and process flows. - Strong facilitation skills for sprint grooming, defect triage, and UAT coordination. - Effective in conducting training sessions and "show and tell" demonstrations for stakeholders.Attention to Detail:- Demonstrates meticulousness in defining mandatory fields, business rules, and interface points for seamless development. - Strong skills in functional testing and managing dependencies between integrated applications.Compliance Knowledge:- In-depth understanding of financial regulations, statutory reporting requirements, and submission formats for regulatory authorities.This role offers the opportunity to shape the future of payments solutions, leveraging cutting-edge technologies and industry insights to deliver impactful outcomes for customers and businesses.