WBP:Commercial Cards

Job Description About Wholesale Banking in Axis Bank works along with large, mid-corporate and multi-national clients as well as commercial banking group (including small and medium enterprises as well as micro, small and medium enterprises) and provides customized solutions across loan and fee-based products and services. Within the wholesale bank, the Wholesale Banking Products Group focuses on transaction banking or flow businesses, i.e. current accounts, collection & payments solutions, trade services, forex remittances, capital market solutions as well as supply chain financing. Commercial Card Product is part of wholesale banking product offering full range of CC products i.e. corporate credit cards, purchasing cards, travel and entertainment cards, and virtual cards. Commercial Card product team drives innovation and provides banking solutions across all segments conglomerates, large corporates, multinationals, government banking, mid-corporate, commercial banking, branch banking. About the Role Commercial Card Product Manager in WBP is responsible for development, implementation, enhancement and commercialization of Bank's commercial card products and delivery channels, he/she is required manage the entire product life cycle & do market study to deliver Bank's goals and objectives. Key Responsibilities .Design and develop commercial card products to meet the needs of business clients. .Monitor product performance and make necessary adjustments to ensure competitiveness. .Conduct market research to identify trends, customer needs, and competitive landscape. .Analyze data to inform product strategies and identify opportunities for growth. .Work closely with key business clients to understand their needs and provide tailored solutions. .Handle customer inquiries and resolve issues to ensure high levels of customer satisfaction. .Coordinate with various internal teams, including sales, marketing, operations, and IT, to support product initiatives. .Ensure all commercial card products comply with regulatory requirements and internal policies. .Manage risks associated with commercial card products and implement mitigation strategies. .Develop sales strategies and marketing campaigns to promote commercial card products. .Provide training and support to the sales team to help them effectively sell the products. .Oversee the financial performance of commercial card products, including profitability and cost management. .Regularly review and report on key performance indicators to senior management. Qualifications Optimal qualification for success on the job is: .Candidate should have at least 3 years of experience out of which minimum 1 year in Commercial card. .Understanding of card products is preferred. Should be result oriented and willing to deliver business and client requirements Role Proficiencies: For successful execution of the job, a candidate should possess the following: .Candidate must have hands on experience in product handling, necessary to drive requirements in the commercial card product ecosystems. .Candidate is expected to understand technical requirements and communicate with the respective IT teams. He/she is expected to understand technical design at a high level. .Candidate must have experience in managing credit card product. .Candidate is expected to find optimal ways to streamline the pipeline as per business requirements. .Candidate should understand Product Life cycle . Skills .Good communication (both verbal & written) and inter-personal skills .Strong analytical skills and ability to visualize client requirements and translate them into business opportunities . Abilities .Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment .Ability to prioritize and make decisions in a fast-paced environment .Ability to work as a part of team and contribute towards team goals .Ability to manage multiple tasks/projects and deadlines simultaneously .Ability to conceptualize and implement competent marketing strategies with a view to penetrate new accounts