Sr. Product Manager_Payment

Location:
Bangalore,Mumbai

About
About Evolute group
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Evolute group is a leading Indian ESDM (Electronics System Design Manufacturing) diverse multi-business conglomerate spread across trading, electronics product design marketing across verticals like – Payment -Fintech, cleantech-energy storage and industrial electronics, software solutions. Our expertise in embedded engineering power electronics, indigenous design development capabilities and market presence in 20+ countries has helped us carve a niche in the under developed and developing geographic markets.

The list of customers is a testimony to its ability to combine product reliability, performance and competitive pricing with a strong customer centricity, enabled with extensive design development expertise and leading- edge technologies, Evolute group aspires to achieve 50 % + CAGR growth in no of esteemed customers, empowered employees, top line revenue, profits for all in next 5 years which includes top line revenue of 1000Cr.

We are seeking a Product Manager for Payment Devices to lead the lifecycle of hardware payment terminals and associated software systems. You will drive strategy, design, and execution for devices such as POS terminals, biometric payment devices, mobile card readers, and smart kiosks, ensuring alignment with evolving customer, compliance, and market needs.

Key Responsibilities Include

• Strategic responsibilities: –
• Conduct primary and secondary research; generate and qualify market analytics/research drive the execution of all product lifecycle processes for products, including product research, market research, competitive analysis, planning, positioning, roadmap development, requirements development, and product launch with GTM
• Understand Corporate product strategy and align Presales team efforts accordingly by Analyzing data to develop product strategies define product objectives for effective marketing communications plans.
• Devise a Go To Market Strategy for existing and new products.
• Collaborate closely with engineering, production, Development, marketing, Operation, Business, After sales service partners and sales teams with GTM for new and existing products
• Keep track of industry trends and market feedbacks on our products from our existing customers and new market requirements
• Organize training hand-over to the Services Functions (Post-Sales Support and Professional Services) for live project implementation
• With strong payment and IOT product knowledge utilize them to create new product road map as per market needs.

Functional responsibilities
: -

• Will act as lead contact between all stake holders and design for understanding product requirements, conducts workshops, analyze requirements, define functional requirements
• Assess current competitor product offerings, current market trends, and seeking opportunities for differentiation
• Product requirements and develop appropriate programs to ensure they are successfully achieved at all levels of project execution
• Appraise new product ideas and strategize appropriate go-to-market plans. Devise innovative ways and techniques to reach out to key decision makers by Identifying and presenting appropriate solutions accordingly Plan product release, field testing, and life cycle management
• Product presentations and building customer demonstrations system for new products launch and enhancing existing products demonstration kit
• Creating internal new product feature requests POC and implementation plans and monitor the progress
• Liaise with internal teams to ensure accurate and timely resolution of technical field issues that may arise during field usage
• Define and implement a process for technical qualification of our products for various RFP's
• Work closely with internal teams, including developers, engineers, architects, quality assurance, and operations. Ensure requirements are fully understood and that implementation plans match expectations with timely review to check the product is getting architected as per sales and business requirements
• Assess and address risk management with respect to product life cycle (Value engineering, Alt components etc..) in coordination with internal teams
• Coordinate product releases with marketing, sales, and development teams
• Product certification requirement management
• 3rd party product life cycle management
• Build and enhance existing SOPs for product management
• Prepare PSA, Budget and project proposal for approval
• Complete ownership of the projects from initiation to end of life

To qualify for the role, you must have
: -

• Qualification – B.E, MBA or relevant field
• Total exp 8-10 yrs. in Embedded payment and IOT product development industry, working with micro ATM, Android POS, cloud Speaker, mPOS devices. Should be a Business solutions expert in fintech industry.
• Product life cycle of at least one embedded product from requirement gathering, specification to release to manufacturing
• Well -versed with documentation control and understanding of Hardware, Software/Firmware and Mechanical Engineering files.
• Business and technology professional with experience in Payments, SaaS, Fintech, IT and, expertise in Sales, Account Management, Process reengineering Resource Management.
• Hands-on experience in products, solutions, business development, partnerships alliances.
• Part of the leadership team of a successful fintech company handling roles across functions to help make growth happen.
• Working knowledge on project management tools such as Jira, Microsoft MPP and Agile project management

Key attributes for success
: -

• Effective use of data and research for product management
• Relationship building with all stake holders
• Identifying new product requirements and building a business case for same
• Work closely with CPO team and the engineering team to define and provide product requirements for the product based on Market research and user experience.
• Help determine and drive buy/build/partner solutions for components and third-party products as necessary.
• Manage delivery current of products concurrently with the future product planning.

You will earn brownie points if you have: -
Have coached, trained, product management team and demonstrated success.

• Champion adoption of products across customers to ensure product penetration
• Demonstrated Collaborative approach toward problem solving.
• Well- versed with Version control and maintenance of Hardware, Software/Firmware, and Mechanical Engineering files etc..
• Files folder structure management and version control of all documents and releases.
• Should be familiar with product version control and Manufacturing Transition Documents
• Take end-to-end ownership of the product line, identify market requirements, define the product vision, and drive the implementation of the overall product roadmap.

Co names: - Pax, Mantra, ACPL, NexGo, Wiseasy, Watchdata,
Qualifications
To qualify for the role, you must have
: -

• Qualification – B.E, MBA or relevant field