Senior Product Manager

6 months ago


Mumbai, India IDFC FIRST Bank Full time

Job Title – Senior Product Manager - Business Banking 

Function – Retail Banking

Job Purpose:

Product Manager is responsible for effective monitoring of health and hygiene of Business Banking lending portfolio. Enable and drive effective Portfolio engagement to increase deepening and wallet share. The person is responsible for maintaining quality of book. The role is also responsible for providing various input/dashboards to frontline Business Team in managing Covenants, Deferrals and Early Warning Signals (EWS). Role will closely collaborate with Operations, Sales, Credit, BIU and EWS team for effective management of Portfolio. This role will ensure close monitoring and timely closure of takeover compliance, Critical Security Perfection (CSP) and Insurance deferrals. The role requires to provide analytical and strategic support to EWS and BIU team in developing sharper EWS triggers for effective monitoring of accounts.

Roles & Responsibilities:

Drive portfolio engagement through a team of Portfolio RM’s to increase deepening and wallet share. Ensuring covenants and deferrals are closed by Relationship Managers within TAT. Prepare various dashboards/MIS for covenant and deferral monitoring. Has the ability to operate with minimum level of supervision. Improve the performance & quality of portfolio through regular monitoring and providing recommendations for course correction to the Product and Sales teams. Monitor key performance metrics of EWS management to avoid/minimise the likely loss/default in portfolio. To keep continuous engagement with internal/external stakeholders in closing critical deferrals like security related and insurance.

Educational Qualifications:

Graduate – Any

Experience:

Minimum of 10 to 18 Years in BFSI + Banking.



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