VP – Product Head – Term Lending

Job Title: VP – Product Head – Term Lending

Location: Mumbai, India

Role Description

As the Product Head you would be responsible for all activities required to define, design, develop and deliver new term lending products to support the business lending strategy.

What we'll offer you

As part of our flexible scheme, here are just some of the benefits that you'll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Deliver the revenue and volumes plans for the term lending business keeping the risk appetite in mind.
• Product development, design and modification in line with the group's overall strategy and regulatory environment.
• Strategically responsible for end to end customer experience - Innovate, Conceptualize and Implement customer service framework across life cycle.
• Coordinating with cross-functional teams like Coverage, Operations, Risk (Credit), Technology, Finance etc to create and continuously enable changes in product design, workflows, polices etc. to deliver top service to clients.
• Implement insights gathered from coverage, risk, credit and collection team to constantly improve our products and processes
• Market research and analysis, competitor benchmarking, monitoring of trends and spotting opportunities in the market for product enhancement and new product launches
• Develop strategic marketing plans involving customer communication, sales collaterals, sales promotions including incentive plans and rewards/recognition
• Proactively communicate with stakeholders to keep them up to speed on planning, roadmap, execution status, launch, its impact, learnings, etc - A sharp focus on automating repeatable tasks and reducing operational overheads
• Manage, motivate and further develop team members
• Handle group and regulatory audits

Your skills and experience

• Deep understanding of the Indian lending ecosystems, industry trends, technology developments and evolving customer needs
• In depth knowledge of the mortgage  / business lending nuances especially financial analysis, accounting, processes – esp legal and valuation aspects.
• Preferred experience in sales as well as product experience in term lending products like Loan Against Property (LAP), Lease Rental Discounting (LRD), Business Instalment Loans (BIL) to the MSME and mid corporate segments.
• Extremely analytical and data driven; ability to derive actionable conclusions from large data sets
• Having business finance exposure would be an added advantage.
• Excellent ability to articulate and present complex issues combined with organizational experience and the ability to set and manage priorities
• Minimum 20 years of relevant work experience and team handling experience
• Profound knowledge of banking products, clients, and global operating model
• Very strong in use of Excel, Power point, MS Word
• Capability to understand and interpret legal text and discuss with control functions

How we'll support you

• Training and development to help you excel in your career
• Coaching and mentoring from seniors in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.