AVP/DVP - Product Manager - Cash Management Service - Wholesale Banking (4-10 yrs) - Mumbai, India - iimjobs

    iimjobs
    iimjobs Mumbai, India

    2 weeks ago

    Iimjobs background
    Full time
    Description
    Candidates from Mumbai apply for this JOB

    Candidates are Purely working as a Product Manager apply

    This is a NACH product Requirement

    • Global Transaction Services Group is the Product & Product Sales function that provides product expertise to the various segments of Bank, spanning Consumer Bank, Commercial Bank and Wholesale Banking divisions. Products range from to cash management (payment & collections solutions, escrow services & dividend business) to trade finance (import services, export services, funded & nonfunded products, forex remittances and structured trade transactions).
    • Product Management for new age Digital products ; managing P&L, creating product roadmap, creating gotomarket strategies, product marketing, fintech tie ups and managing risks
    • Competition benchmarking, scouting Fintech ecosystem and remaining updated with emerging trends in banking/fintech, to conceptualize executable ideas and present it to management
    • Research, evaluate and develop new B2B banking products for enterprise customers through in house product development or third party digital/fintech solutions
    • Gain a deep understanding of customer experience, identify and fill product gaps and generate new ideas that grow market share, improve customer experience and drive growth
    • Create buyin for the product vision both internally and with key external partners
    • Develop product pricing and positioning strategies
    • Translate product strategy into detailed requirements and prototypes
    • Scope and prioritize activities based on business and customer impact
    • Work closely with engineering teams to deliver with quick timetomarket and optimal resources
    • Drive product launches including working with public relations team, executives, and other product management team members
    • Evaluate promotional plans to ensure that they are consistent with product line strategy and that the message is effectively conveyed
    • Act as a product evangelist to build awareness and understanding
    • Represent the company by visiting customers to solicit feedback on company products and services
    • Spot opportunities in the market, along with the relationship team, to target companies, industries and sectors and sell suitable product offering for them
    • Interaction with potential customers to understand the technical requirement for system integration for TBG products / services
    • Structure transactions, win the mandate and assist team in formulating transaction pricing to ensure revenue commensurate with risks and administrative efforts
    • Ensure desired penetration of the product in the market by the relationship team by providing marketing support, visibility campaigns and brand presence
    • Knowledge in payables and receivable management is preferred.
    • Understanding of new age products like ONDC, eNACH, B2B banking products etc is preferred.
    • Preferably 24 years of post MBA experience in product management
    • Strong problem solving skills and willingness to roll up one's sleeves to get the job
    • Skilled at working effectively with cross functional teams in a matrix organization
    • Excellent written and verbal communication skills
    • Preferably a B-Tech and preferably MBA Degree