- Product Development: Developing and enhancing personal loan products, considering market trends, customer needs, and competitive landscape.
- Market Research: Conducting market research to identify customer preferences, competitor offerings, and emerging trends in personal loans.
- Strategy Planning: Formulating product strategies, including pricing, positioning, and gotomarket plans.
- Requirements Gathering: Collaborating with crossfunctional teams to gather and prioritize product requirements.
- Product Lifecycle Management: Overseeing the entire product lifecycle, from ideation to retirement, to ensure products remain competitive and profitable.
- Risk Management: Assessing and mitigating risks associated with personal loan products, such as credit risk and compliance with regulations.
- Data Analysis: Analyzing customer data and performance metrics to make datadriven decisions for product improvements.
- Customer Experience: Focusing on delivering an exceptional customer experience through userfriendly loan applications and support services.
- Collaboration: Collaborating with teams like marketing, sales, and underwriting to ensure alignment with product goals.
- Regulatory Compliance: Staying updated on relevant regulations and ensuring that personal loan products are compliant.
- Budget Management: Managing budgets and financial performance related to personal loan products.
- Communication: Effectively communicating the product vision and progress to stakeholders within and outside the organization.
- Continuous Improvement: Identifying areas for improvement and optimizing personal loan products based on feedback and performance data.
- Customer Support: Collaborating with customer support teams to address customer inquiries and concerns related to personal loans.
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AVP, Personal Loans
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VP/SVP - Product Manager - Personal Loan (15-25 yrs) - Mumbai/Navi Mumbai, India - iimjobs
Description
VP/SVP Product Manager- Personal LoanPurpose of the role:
Product Manager for Personal Loans is responsible for overseeing the development, management, and enhancement of a financial product designed.
Key responsibilities:
Job description:
This role requires a blend of financial knowledge, market awareness, and project management skills to successfully develop and manage personal loan products.
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