Product Manager

Product Manager will be responsible for developing, delivering and enhancing products and services for the Consumer Financial Services. He/she will be responsible for leading the organization in research for new products, product enhancements, and product redesign. He/she must be well-versed in retail products and business strategy and capable of communicating passionately, while improving the customer experience.

Major Responsibilities

• Conceive, develop, and launch market leading products and services and strategically plan and manage the entire product portfolio.
• Develop short & long-term product roadmaps, inclusive of functional perspective of evolving features/capabilities, consolidated views of related technology activities, & business case analysis.
• Collate client feedback/segmentation analysis, overall industry/market trends & regulatory intelligence gathering to drive product & procedure enhancements.
• Develop & communicate product strategy, roadmap prioritization, P&L management, and cost & revenue analyses. Design & execute actions to reduce costs/manual processes, enhance revenues, and maximize profitability.
• Drive efficiency – Provide leadership/design end-to-end solutions to meet business & client objectives.
• Own product life cycles from development to launch. Look for ways to innovate upon the existing products. Ensure that ongoing product innovation and development meets strategic and financial objectives.
• Establish and conduct management processes – product management meetings, monthly internal financial reviews, and weekly Operations, Technology and Sales meetings.
• Ensure a pristine risk and control environment and lead Continuity of Business efforts. Oversee all aspects of product-risk-related projects and initiatives. Represent business in all internal and external audit discussions.
• Take part in effort with Operations and Technology to digitize existing products to gain efficiency and market expansion.
• Participate & lead in internal partnership meetings & discussions, cooperating with, responding to, and remediating findings related to audits, vendor management, compliance with regulatory & compliance issues/updates, and risk management.
• Partner with cross-functional teams (including risk, legal, AML, technology, QA, design, marketing, etc.) to execute on initiatives.
• Develop and enhance customer centric product delivery processes.
• Support development and implementation of a product management strategy according to the company strategy, set goals, and initiate measures to reach these goals and to improve the overall section’s performance.
• Be responsible for a result-oriented management and development of people and resources, including provision of a strong day-to-day leadership presence involving resource allocation, monitoring, reporting, and conducting regular staff meetings.
• Initiate, develop, implement, and ensure adherence of policies and procedures.
• Build and implement Product Marketing/Branding Strategy.
• Be responsible for all product related issues within the whole organization, in accordance with underwriting guidelines.

Knowledge & Skill Requirements

• Solid partnering skills, including organization understanding (working seamlessly across formal and informal channels) and balancing aggressive drive with consensus building and listening.
• Knowledge of the processes necessary to develop, roll-out and manage products in order to support successful banking and financial product life cycles.
• Knowledge of the regulatory environment and competitive situation.
• Professional know-how necessary to plan and manage budgets, run a department, campaign, or project.
• Knowledge of skills associated with the tools and techniques of planning and running organization projects and processes.
• Sound knowledge and understanding of business and technology.

Qualification

• Bachelor's Degree in Business/Commerce/Economics from reputable University.

Experience

• 10 - 12+ years’ experience in product management and execution.