Product Head

Job Title: Product Head

Functional Title: Product Head

Grade: G4

Management Band: Middle Management

Business Unit: Commercial & Retail Assets Division

Department: Product

Location: YBH, Mumbai

Reporting To: Business Head / Business Manager

Direct Reports: 3–4

Role Summary

The Product Head is responsible for managing the product lifecycle and driving business outcomes through strategic planning, product development, and supporting the sales force. This is a leadership role requiring team management, stakeholder engagement, and alignment with organizational objectives to ensure growth and profitability.

Key Responsibilities

Strategic / Managerial Responsibilities

• Design and implement strategies to drive business for assigned products.
• Conduct periodic reviews and update strategies to meet Business Unit objectives.
• Collaborate with leadership to align product goals with organizational vision.
  
  

Core Responsibilities

• Lead product planning, development, and marketing initiatives.
• Ensure products meet customer needs and market demands.
• Drive business growth through product enhancements and new product incubation.
• Streamline processes for improved efficiency and ease of doing business.
• Maintain an ideal mix of product lines and portfolio quality.
• Monitor market trends and take corrective/preventive actions.
• Oversee training programs for sales teams on product features and processes.
• Track and review team performance against defined targets.
  
  

People Management

• Set and monitor performance goals for self and team.
• Identify development needs and create learning plans for team members.
• Coach, mentor, and build knowledge within the team on processes, regulations, and best practices.
• Foster a culture of continuous improvement and professional development.
  
  

Risk & Internal Control

• Ensure compliance with internal controls and risk management frameworks.
• Drive sourcing mix across different channels and customer segments.
  
  

Qualifications

Knowledge & Experience

• Minimum: Bachelor’s degree in any field
• Preferred: Master’s degree
  
  

Experience

• 12–15 years of experience in Banking/NBFCs.
• At least 8–10 years in product management and leadership roles.
  
  

Skills & Competencies

• Strong strategic thinking and business acumen.
• Expertise in product lifecycle management.
• Excellent stakeholder management and communication skills.
• Ability to lead and motivate teams.
• Knowledge of market trends and regulatory requirements.