Product Manager Savings

4 weeks ago


Mumbai, Maharashtra, India IDFC FIRST Bank Full time

Job Title: Product Manager Savings

Department: Retail Liabilities

Job Summary: We are seeking a Product Manager Savings to define product strategies, maintain long-term strategies, and ensure adoption across stakeholders.

Responsibilities:

Process Improvements & Digitization:

  • Develop new processes/enhance existing processes to address loopholes and strengthen processes.
  • Streamline process/compliance by addressing bottlenecks and automation.
  • Ensure timely and accurate execution of regulatory campaigns.
  • Work with stakeholders to digitalize processes and optimize customer journey.

Managing Internal and External Audits:

  • Handle audit queries and ensure timely revert to points raised by audit team.
  • Coordinate with teams to get final response and ensure timely closure of audit points.
  • Ensure compliance of all RBI circulars.

RBI Reporting & MIS:

  • Timely responses to RBI/regulatory entities and manage monthly/quarterly reporting.
  • Review process performance trends/number trends to be submitted to management/regulators.

Branch Support:

  • Address branch queries regarding processes and provide timely solution.

Customer Communication:

  • Work with marketing team to ensure customer communication is correct.
  • Provide suitable logics/workflows/content to IT team for maintenance and new development of processes/campaigns.

Stakeholder Management:

  • Coordinate with stakeholders like compliance, audit, risk, legal, ops, IT for timely closure of actionable.

Policy and Regulations:

  • Understand bank's policy and regulatory guidelines.
  • Comply with audit/risk observation if any.
  • Ensure timely response to queries/data requirements asked by RBI.
  • Ensure all risk related points are closed well within time.

Requirements:

Graduation: Any

Experience: 5-10 years of relevant banking experience.



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