About this role
Key Responsibilities
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Product Strategy, Market analysis:
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Develop and execute a comprehensive product strategy for the LAP portfolio, aligning with overall business objectives and market trends.
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Conduct in-depth market research and competitive analysis to identify growth opportunities and adoption of best practices
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Monitor and analyze key performance indicators (KPIs) such as portfolio growth, disbursals, asset quality, customer acquisition channels, and productivity
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Stakeholder Management & On-ground Support:
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Collaborate closely with various internal stakeholders including Sales, Credit, Operations, Legal, Compliance, and Marketing teams to ensure seamless product delivery and support.
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Provide on-ground support to sales teams, branches and other relevant stakeholders to facilitate product understanding and address operational challenges.
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Work with the Sales team to develop effective sales strategies, training programs, and marketing collateral
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Engage with external partners and vendors as needed to enhance product capabilities and service delivery.
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Process Improvement & Funnel Efficiency:
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Work on implementing new processes to drive funnel efficiency and improve conversion rates.
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Gather customer feedback and insights to inform product enhancements and ensure high levels of customer satisfaction.
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Risk & Compliance:
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Ensure compliance with relevant regulatory guidelines, internal policies, and risk management frameworks
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Work with Risk and Compliance teams to assess and mitigate risks associated with the LAP portfolio.
Qualifications
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Education: Bachelor's degree in Business Administration, Finance, Marketing, or a related field. An MBA or equivalent advanced degree is preferred.
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Experience:
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Experience in product management within the banking or financial services industry, with a strong focus on secured lending .
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Proven experience in managing Loan Against Property (LAP) or secured lending products is essential.
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Skills:
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Strong analytical and problem-solving skills, with the ability to interpret complex data and make data-driven decisions.
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Excellent communication, presentation, and interpersonal skills, with the ability to influence and collaborate with diverse stakeholders.
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In-depth understanding of the Indian consumer lending market, regulatory environment, and competitive landscape.
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Ability to manage multiple projects simultaneously in a fast-paced environment.
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Location:
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Regional Office Mumbai
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Job:
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Product Management
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Schedule:
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Regular
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Employee Status:
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Full time