Product Manager

1 week ago

Mumbai, Maharashtra, India IndusInd Bank Full time ₹ 1,20,000 - ₹ 2,40,000 per year

Job Title - Product Manager – FD & ODAFD

Department - Product Management - Consumer Banking

Location - Mumbai

Role Overview

We are seeking a dynamic and detail-oriented Product Manager to lead the development, management, enhancement, and create digital journey of our Overdraft against Fixed Deposit (FD) & Fixed Deposit product. The ideal candidate will oversee the end-to-end product lifecycle, streamline processes, ensure regulatory compliance, and deliver a seamless experience for our customers. This role requires a deep understanding of OD & FD products, risk management, and process within the banking sector

Key Responsibilities

Product & Portfolio Management:

  • Develop and execute the product roadmap & strategy for ODAFD product, aligning with the bank's digital transformation objectives.
  • Conduct peer benchmarking, customer segmentation, define product features, benefits, and value propositions aligned with customer needs and market trends.
  • Collaborate with cross-functional teams including Risk, Compliance, Ops, Credit and Technology to launch new features and improvements.
  • Develop business cases for new features and product enhancements, including financial projections and ROI analysis.
  • Monitor existing portfolio, usage patterns, P&L, nonperforming cases etc.
  • Prepare regular reports for senior management with insights and recommendations.

Policy & Processes Management pertaining to FD & ODAFD:

  • Review & enrich standard operating procedures (SOPs), Policy documents, Product T&C, Deliverables & Collaterals etc. on a regular basis.
  • Review existing processes ODAFD processes, identifying bottlenecks, inefficiencies, and areas for improvement. Standardization of processes for improved customer experience.
  • Design and implement streamlined, efficient, and compliant processes for ODAFD, both digital and physical.
  • Work closely with operations, risk, compliance, and legal teams to ensure all processes adhere to regulatory guidelines and internal policies.

Digital Journey Ownership:

  • End-to-end ownership of the digital customer journey for ODAFD, from application and sanction to disbursement, repayment, and closure.
  • Design intuitive, user-friendly, and secure digital interfaces (web, mobile app) that provide a seamless customer experience.
  • Collaborate closely with design and technology teams to ensure timely and high-quality delivery of digital features.

Regulatory Compliance:

  • Stay abreast of relevant banking regulations and compliance requirements related to lending products and digital financial services.
  • Ensure all product features and processes are fully compliant with internal policies and external regulations.
  • Ensure that all queries received from Regulators are addressed in a timely manner.

Ownership of P&L and the Budgets:

  • Responsible for ODAFDs Budgets and P&L, revenues Targets, Channel Productivity, usage and adoption.
  • Responsible for Growth of OD, Revenues across Customer Segments and Geographies.

Job Requirements

  • Must have banking experience with at least 5-7 years in FD/FDOD product role.
  • Should have handled product development /product launch experience in retail liabilities/assets
  • Preferred: MBA/PGDM in Finance/Marketing from Tier 1 or Tier 2 institute

  • Lead Product Designer

    3 days ago

    Mumbai, Maharashtra, India CaratLane - A TATA Product Full time ₹ 6,00,000 - ₹ 18,00,000 per year

    Are you passionate about designing beautiful experiences at scale? Do you thrive on simplifying complex systems for real users with a knack of storytelling ? At CaratLane, we're looking for a Lead Product Designer to lead our online Design Team—the team behind how customers buy, try, and fall in love with CaratLane Jewellery - This role will redefine the...

  • Legal Tech Professional

    3 days ago

    Mumbai, Maharashtra, India Volody Product Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Craft, test, and optimize AI prompts to generate legally accurate and commercially useful outputs.Leverage legal knowledge (laws, regulations, contracts, precedents) to guide AI behavior and ensure contextually correct results.Collaborate with AI engineers and product managers to align AI performance with customer needs and product strategy.Identify gaps in...

  • Frontend Developer

    2 weeks ago

    Mumbai, Maharashtra, India Volody Product Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Volody is looking out for a qualified Front-end developer to join the team. The candidate should be able to translate our company and customer needs into functional and appealing interactive applications. Job Responsibilities : Ensure top-quality code by practicing code reviews, unit tests, integration tests, and end-to-end tests in a continuous...

  • Product Manager

    2 weeks ago

    Mumbai, Maharashtra, India Skinnovation Pvt Ltd Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Company DescriptionSkinnovation is a leading organization in the field of aesthetic and corrective dermatology, with its headquarters in Mumbai. Our focus is on delivering cutting-edge solutions and technologies that empower dermatologists and aesthetic professionals to achieve exceptional results for their customers.Job Location: Andheri (Marol)Role...

  • Product Manager

    2 weeks ago

    Mumbai, Maharashtra, India FLiCKA Cosmetics Full time ₹ 6,00,000 - ₹ 18,00,000 per year

    Product Manager – Product Planning & ProcurementLocation: Goregaon, MumbaiDepartment: Product ManagementWork Time:- 9.15am to 6.30pm Monday to Saturday (2nd & 4th Saturday Off)Company Site:- Role OverviewThe Product Manager – Product Planning & Procurement will be responsible for end-to-end product lifecycle management, including product planning, demand...

  • Product Manager

    2 weeks ago

    Mumbai, Maharashtra, India Flicka Cosmetics PVT LTD Full time ₹ 3,00,000 - ₹ 7,20,000 per year

    Product Manager – Product Planning & ProcurementLocation: Goregaon, MumbaiDepartment: Product ManagementWork Time:- 9.15am to 6.30pm Monday to Saturday (2nd & 4th Saturday Off)Company Site:- Role OverviewThe Product Manager – Product Planning & Procurement will be responsible for end-to-end product lifecycle management, including product planning, demand...

  • Sr Manager

    2 weeks ago

    Mumbai, Maharashtra, India, Maharashtra Leading the Product Full time

    About the CompanyWe are looking for Sr Manager TA with a leading product based client in Mumbai.About the RoleExpertise in Leadership hiring. Run the entire playbook of leadership hiring – from hunting to closing.ResponsibilitiesBuild & nurture powerful networks of senior talent in consumer tech.Partner directly with the CEO & CXOs to spot leadership gaps...

  • Product Manager/ Group Product Manager

    3 days ago

    Mumbai, Maharashtra, India Sun Pharma Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Position Title: Product Manager/ Group Product Manager (Gastro)Job Summary:The position holder is responsible for the strategic and operational plans that optimize profitability, market share, and revenue growth for the brand portfolio in the short and long term. This role involves leading various assignments and providing guidance to the Product Management...

  • Product Manager

    2 weeks ago

    Mumbai, Maharashtra, India Just In Time Full time ₹ 6,00,000 - ₹ 18,00,000 per year

    Role OverviewWe are looking for a dynamicProduct Manager – Operations (Creative Side)who will be responsible for driving product operations with a strong creative perspective. The role involves managing the entire lifecycle of product listings, ensuring compelling creative representation across platforms, and coordinating between design, content,...

  • Product Manager

    2 weeks ago

    Mumbai, Maharashtra, India Tata Communications Full time US$ 60,000 - US$ 1,20,000 per year

    About The CompanyTata Communications Redefines Connectivity with Innovation and IntelligenceDriving the next level of intelligence powered by Cloud, Mobility, Internet of Things, Collaboration, Security, Media services and Network services, we at Tata Communications are envisaging a New World of CommunicationsJob DescriptionThe role is responsible for the...