Product Manager-New Initiatives

2 days ago


mumbai, India IDFC FIRST Bank Full time

Job Title – Product Manager- New Initiatives 

Place of work – Mumbai, Naman Chambers

Business Unit – Rural Assets

Job Purpose:

The ideal candidate will have to review the following related to Overdraft & Personal loans

Product Management Process Management Market dynamics P&L Management

Roles & Responsibilities:

Job Description:

Product Management: Developing on –going market insight, Identify sector trends. Evaluate competitors and offerings. Compare competitive products. Configure product SWOT & uncover opportunities. Portfolio Review and Performance management: Development of market insight, Conducting Post Launch Product audits. Revaluate Competitor action. Analyse Product and Portfolio Performance. Refining/evaluating Pricing Structure. Adjusting marketing and Promotional Plans. Assess channel Performance. Rationalization of Portfolios. Devising smooth/innovative customer journey end to end. Process Streamlining: Customization/digitalization in the Loan process/system platform Determines product pricing by utilizing market research data, costing etc. Product Sales Support: Devising training module, imparting training to various team co-ordination with various support vertical, etc. Coordinating with different stakeholders for smooth functioning of product. Maintaining MIS and Product decks for periodic reviews. Daily interaction with sales for reaching maximum and daily disbursal volumes for the product.

Educational Qualifications:

Graduate – Science /Commerce

Postgraduate – MBA (Marketing / Finance) from a reputed institute will be desirable

Experience:

4 Years in Industry of Banks/NBFC/HFC

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