Product Innovation Lead for Affordable Lending

3 days ago


Mumbai, Maharashtra, India Godrej Capital Full time
Drive Product Success at Godrej Capital

GODREJ CAPITAL is a subsidiary of GODREJ INDUSTRIES, and it serves as the parent company for GODREJ HOUSING FINANCE & GODREJ FINANCE. Leveraging a digital-first approach and a customer-centric product innovation focus, GODREJ CAPITAL offers Home Loans, Loan Against Property, Property Loans, Business Loans, and is poised to expand into other customer segments while launching new products. The organization prioritizes long-term sustainability in its retail financial services business in India, anchored by GODREJ GROUP's 125+year legacy of trust and excellence.

The company has been consistently recognized as a Great Place to WorkTM, receiving certifications in both 2022 and 2023. Currently, GODREJ CAPITAL holds a spot among India's Top 50 Best Workplaces in BFSI 2023 and is also recognized as one of India's Great Mid-Size Workplaces 2023. Beyond that, it has also earned the honor of being named the Best Organization for Women by THE ECONOMIC TIMES in both 2022 and 2023, and the Best Workplaces for Women by Great Place to Work in 2022 and 2023.

Job Overview:

Manage the development, innovation, and success of products at GODREJ HOUSING FINANCE from a product management perspective.

  • Conceptualize policies based on feedback and insights generated.
  • Create products and/or features aligned with expectations of developers and channel partners.
  • Drive innovation within the product portfolio and assess the potential impact of new technologies.
  • Ensure that necessary product notes, documentation, and brand stationery are designed and finalized with required stakeholders – Legal, Risk, Compliance, etc.
  • Provide system requirements for products and conduct system testing prior to launch.
  • Benchmark products and policies with competition regularly and publish dashboards.
  • Define and manage the product strategy and roadmap.
  • Follow through meticulously with product launches, drive clear deadlines, and faster closures.
  • Generate feedback/insights from business MIS, customers/partners, and frontline teams on current products and future needs through focused group discussions, surveys, and interviews.
  • Train sales teams on product features, encourage learning, adaptation, and a willingness to iterate on product strategies and processes.
  • Worked on building scorecards.

Requirements:

MBA/CA or any postgraduate qualification with 7+ years of experience in product management and development, preferably in the affordable lending arena.

Essential Skills:

  • Good understanding of affordable loan product workings, loan system workings, and calculations.
  • Developed and launched affordable business offerings – standalone and partnerships – in the past.


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