Product Manager-Cash Management
IDFC FIRST Bank — Mumbai, MUMBAI
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Job Description
Job Requirements Role/ Job Title: Product Manager-Cash Management
Function/ Department: Wholesale Banking
Job Purpose:
To develop, structure and customize Escrow Service Deals alongside provide advisory services in line with internal processes and regulatory guidelines. Develop new products according to changing customer needs & conduct research on new product development & market with regards to Escrow Product & Services
Job Responsibilities:
- Working with Regional Sales/Coverage heads& Legal/Compliance teams internally for designing customized Escrow related deals (incl. CMS solutions) for sustained Escrow Account fee income and balances.
- Liaise with regulatory and internal audit teams and ensure nil regulatory/control deviations.
- Work with Product Lead & Product Head for Cost optimization and ensure profitability of Escrow mandates.
- Benchmarking product offerings with competition and work on new-age technology to provide differentiated Escrow solutions, focused efforts to increase digital footprint by increasing CIB usage for CMS/Escrow customers.
- Handling of day-to-day transaction approvals and issues across collection and payment products.
- Work closely with Ops and IT to ensure smooth execution of various product offerings.
- Work on system development initiatives and implementation.
- Process standardization and optimization along with Operations and other stakeholders.
- Cost saves, achieve product profitability in line with defined KPI/KRA and objectives.
Educational Qualification:
Graduation - Any Graduate
Post Graduation - Any postgraduate
Experience: Minimum 4+ years of experience in handling Escrow product
Frequently Asked Questions
What are the eligibility criteria for the Product Manager-Cash Management job at IDFC FIRST Bank?
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 5-10 Years years of relevant experience expected for this role.
What are the primary responsibilities of a Product Manager-Cash Management at IDFC FIRST Bank?
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Product Manager-Cash Management at IDFC FIRST Bank.
Is prior experience required for this position?
This role requires around 5-10 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
What skills are important for this role?
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
How do I apply for the Product Manager-Cash Management role at IDFC FIRST Bank?
You can apply directly using the Apply Now button on this page, which will take you to IDFC FIRST Bank's application process for this role.
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