Product Manager-Securitised Products
IDFC FIRST Bank — Mumbai, MUMBAI
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Job Description
Job Requirements About the Role
The Product Manager – Securitized Products will play a pivotal role in facilitating the growth of the bank’s inorganic and Priority Sector Lending (PSL) book through portfolio acquisitions of retail loan assets. Acting as the central link between the Corporate Coverage team and control functions, the role involves transaction support, compliance coordination, stakeholder engagement, and portfolio monitoring to ensure smooth execution and regulatory alignment.
Key Responsibilities
Primary Responsibilities
- Stay updated on market trends, transaction structures, and industry volumes.
- Annually update product notes and SOPs in line with bank guidelines.
- Monitor portfolio performance and flag triggers to the Coverage team.
- Coordinate with stakeholders to respond to RBI queries and manage annual inspections.
- Support transaction closures by guiding Coverage teams on processes, compliance, and norms.
- Supervise ARMs managing payouts, ensuring timely receipt and real-time processing.
- Ensure timely completion of surveillance activities in coordination with auditors and stakeholders.
- Liaise with trustees, rating agencies, and legal counsel for transaction execution and legal interpretations.
Secondary Responsibilities
- Assist Coverage teams in building PSL books through portfolio buyouts.
- Facilitate internal coordination to streamline transaction execution and compliance.
What We Are Looking For
Education
- Graduate in any discipline
- Postgraduate preferred
Experience
- 2–5 years of relevant experience in product management, preferably in securitized or structured finance products
Skills and Attributes
- Strong understanding of securitized products and PSL frameworks
- Excellent coordination and stakeholder management skills
- Familiarity with regulatory guidelines and compliance processes
- Analytical mindset with attention to detail
- Ability to manage documentation, payouts, and transaction execution efficiently
Key Success Metric
- Timely and compliant execution of securitized transactions and PSL portfolio growth
Frequently Asked Questions
What are the eligibility criteria for the Product Manager-Securitised Products 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-Securitised Products 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-Securitised Products 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-Securitised Products 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.