Product Management Associate
1 week ago
We are Hiring Product Management Associate – Loan Against Property (LAP)
Location: Mumbai
Department: Product Management
Experience: 1 – 3 Years
Compensation: ₹6,00,000 – ₹9,00,000 per annum
Mandatory Skills: Product Life Cycle, Market Strategies, LAP Products, Market Research, Loan Process, Pricing Strategies, Interest Rates, MS Office Suite
About the Role
We are looking for a motivated Product Management Associate to support the design, development, and management of Loan Against Property (LAP) products. The role requires strong analytical, research, and coordination skills to drive product growth and ensure compliance with regulatory guidelines.
Roles & Responsibilities
- Assist in the design, enhancement, and lifecycle management of LAP products.
- Conduct market research, competitor analysis, and identify new product opportunities.
- Collaborate with credit and risk teams to define eligibility criteria and policy guidelines.
- Support operations to ensure smooth loan processing and customer experience.
- Assist in pricing strategy, interest rate, and fee structure recommendations.
- Prepare training materials and conduct product training for sales teams.
- Ensure compliance with regulatory standards and internal audit requirements.
- Partner with marketing teams for campaigns, communication, and product promotions.
- Handle product-related escalations and ensure timely resolutions.
Skills & Experience
- Education: Bachelor's degree in Business Administration, Finance, or related field (MBA preferred).
- Experience: 1–3 years in NBFC/BFSI sector, preferably with exposure to LAP products.
- Strong understanding of product features, loan processes, and compliance requirements.
- Analytical mindset with problem-solving and decision-making skills.
- Excellent communication, coordination, and stakeholder management abilities.
- Proficiency in MS Office Suite (Excel, PowerPoint, Word) and data analysis tools.
- Knowledge of IT/AI applications in financial products will be an added advantage.
- Ability to work in a fast-paced, target-driven environment.
Job Type: Full-time
Pay: ₹600, ₹900,000.00 per year
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