Product Manager-Consumer Durable Loan
IDFC FIRST Bank — Mumbai, MUMBAI
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Job Description
Job Requirements About the Role
The Product Manager –Consumer Durable Loans role entails scaling up the Consumer Durable Loan lending business by managing existing product suite and by creating/managing new product development and initiatives in most cost efficient and technology effective manner. This role requires close collaboration with Projects , Policy , Sales , Finnone , BIU , IT , etc. A key responsibility is to ensure a seamless and customer-centric onboarding and disbursal journey, with the goal of positioning IDFC FIRST Bank as the preferred financial partner for all banking needs.
Key Responsibilities
Primary Responsibilities
- Drive new product initiatives
- Perform complete product scoping and delivery
- Ensure product adoption with all stakeholders
- Manage Senior leadership and stakeholder within the bank for Product and Business related updates
- Liaise with Sales for product Training
- Coordinate product requirement with internal and external stakeholders
- Define product priority and create product roadmap
- Ensure deadlines for all product delivery
- Ensure bug free project delivery and keep close track of system breakage and fixes
Secondary Responsibilities
- Business tracking of Product performance
- People Management - Manage team of PMs and APMs , along with developers and testers
- Manage product related issues with required stakeholders from bank
- Ensure product and system stability for all channels
Managerial & Leadership Responsibilities
- Ensure proper stakeholder management across both internal and external teams.
- Foster collaboration across teams to ensure smooth execution of product strategies.
What We Are Looking For
Education
- Graduate in any discipline (Full-time).
- Postgraduate qualification preferred.
Experience
- Minimum of 4 years of relevant experience in consumer durable loans or related product management roles.
Skills and Attributes
- Strong understanding of lending products and processes
- Proficiency in managing technical product development and API understanding
- Knowledge of CRM , UI UX and Project Management tools
- Familiarity with Banking regulatory frameworks for lending business
- Strategic Thinking: Ability to develop and implement product development strategies to maximize business impact
- People Management: Proven ability to build and maintain relationships with internal teams and external partners
- Product Analysis and Adoption: Expertise in managing Product roadmap by performing Data analysis and creating strategies for maximizing adoption/uptake
- Product Knowledge: In-depth understanding of lending products, as well as co-originated financial products
- Collaboration: Strong interpersonal skills to liaise effectively
- Adaptability: Flexibility to adapt to changing business environments and customer needs
- Proactiveness: Anticipates challenges and implements preventive or corrective actions.
Frequently Asked Questions
What are the eligibility criteria for the Product Manager-Consumer Durable Loan job at IDFC FIRST Bank?
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 2-5 Years years of relevant experience expected for this role.
What are the primary responsibilities of a Product Manager-Consumer Durable Loan 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-Consumer Durable Loan at IDFC FIRST Bank.
Is prior experience required for this position?
This role requires around 2-5 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-Consumer Durable Loan 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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