Manager-Portfolio Data Analytics - India, Mumbai - IDFC FIRST Bank

    IDFC FIRST Bank
    IDFC FIRST Bank India, Mumbai

    1 month ago

    IDFC FIRST Bank background
    Full time Accounting / Finance
    Description

    Role/ Job Title:Manager-Portfolio Data Analytics

    Function/ Department:Wealth Management

    Job Purpose:

    The role entails the responsibility of providing production support to bank's software applications. It includes administering and resolving day to day production applications issues, providing updates and perform root cause analysis.

    Roles & Responsibilities:

    • Ideate on new product specifications basis inputs received from customers, ideation posts.
    • Manage product life cycle - Customer segmentation and assessment of their needs.
    • Responsible for preparing and obtaining business case documents for distribution and internal approvals.
    • Improve the performance & quality of portfolio through regular monitoring and providing recommendations for course correction to the Product and Sales teams.
    • Work with pricing actuaries for obtaining competitive new product pricing within pricing benchmarks.
    • Work with unstructured data to arrive at key insights to drive product mix and sales initiatives through new concept development, training, product advocacy andfield management support.
    • Be ready with solutions for complex system workarounds and ensure readiness before launch.
    • Create quarterly themes in collaboration with Marketing and distribution to energize distribution and improve case size.
    • Monitor program sales and profitability against targets and adjust approach when necessary.
    • Assure adherence to the guidelines set by the bank.
    • Ensure bank meets the audit, compliance & regulatory requirements.
    • Recommend process changes in order to improve service efficiency and quality across the assigned area.
    • Recommend improvements to processes and policies across the Retail Banking business to drive operational efficiencies and high-quality customer service.
    • Leverage in-house synergies through collaboration with internal stakeholders.
    • Excellent MS-Excel skills in designing dashboard.
    • Relevant knowledge of Wealth Management Products â€' MF and Alternates mandatory.
    • Team handling experience preferred.
    • Engagement with Sales team is mandatory.
    • Mandatory Incentive and Scorecard computation of Sales team.

    Education Qualification (Fulltime):

    Graduate: BA (Bachelor of Arts) /BCom (Bachelor in Commerce)/BBA (Bachelor of Business Administration)

    Experience:5 to 10 years relevant experience.