Bharat Banking:product Head

3 weeks ago


Mumbai Maharashtra, India Axis Bank Full time

Bharat Banking Product Head INTERNAL USAGE No of Vacancies 1 Reports to Bharat Banking-Financial Inclusion Head Is a Team leader Y Team Size 1 Grade VP SVP-I SVP-II Business NA Department Bharat Banking Sub-Department Financial Inclusion Location Pan India About Bharat Banking The increasing income diversification evolution of the tech stack various government schemes to improve livelihoods and integrating the country via roads and the internet have provided strong tailwinds to the rural and semi urban RUSU or Bharat markets To better capitalize on the growth runway and open the world of possibilities for the Bharat customer the bank has set up a separate Bharat Bank vertical It is an amalgamation of products and geography handling certain core products across the country and all the products in the RUSU branches The objective is to accelerate the growth journey by expanding distribution reach via branches partnerships and digital presence creating tailored products and processes and using the One Axis strategy to harness synergies in all parts of the Bank to deliver to the Bharat customer The Bank also continues to focus on growing the book profitably by enhancing productivity improving operational efficiency to reduce cost and containing risk by leveraging technology such as AI and ML rigorous portfolio monitoring About the Role This role entitles to create and drive roadmap for different types of application that is applicable to Financial Inclusion Maintain and enhance the platform performance and optimize the product lifecycle of all the digital products Manage the product processes at all levels of hierarchy and formulate the processes and SOPs on basis of objectives and goals of the Bank Key Responsibilities Formulation of new product strategy Conduct of process and quality checks Coordination with internal stakeholders viz IT DBAT Compliance Risk teams Creation of training modules for the products Liasioning with the vendors for maintenance and new product development Liasioning with NPCI UIDAI on daily basis Conducting evaluation for PMC CMC EGRC Skills Refer to the About Company Axis Bank is the third largest private sector bank in India The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates MSME Agriculture and Retail Businesses The Bank has a large footprint of 4 594 domestic branches including extension counters with 11 333 ATMs 5 710 cash recyclers spread across the country as on 31st March 2021 The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021 The Overseas operations of the Bank are spread over eight international offices with branches at Singapore Dubai at DIFC and Gift City-IBU representative offices at Dhaka Dubai Abu Dhabi Sharjah and an Overseas subsidiary at London UK The international offices focus on Corporate Lending Trade Finance Syndication Investment Banking and Liability Businesses



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