Product Manager - Savings

Job Requirements

Role/Job Title: Product Manager - Savings Account

Function/Department: Retail Liabilities

Job Purpose

Responsible for defining product strategies to maximize business impact, maintaining long-term strategies with periodic updates, ensuring adoption across stakeholders, and program managing the product lifecycle with upgrades as needed.

Roles & Responsibilities

• Work with Business/ Product or product head on the devising the growth strategy for respective banking products.
• Create a long-term strategic plan by identifying, evaluating, and prioritizing possibilities and tactical product investment opportunities through extensive analysis of value chain and external forces.
• Key project/program management to manage initiatives in their infancy to ensure successful execution
• Assist in implementing key strategic initiatives as prioritized by the bank.
• Provide market and technology research and competitive analysis to progress product strategy.
• Evaluate external trends spanning payments, industry verticals, and technology disruption with the goal of identifying emerging opportunities.
• Complete an in-depth analysis of the direct and indirect competitive landscape and deliver recommendations spanning learn, build, and buy.
• Develop robust business cases and strategic rationale for appropriate product investments.
• Partner with product and banker leadership teams to prioritize product investments.
• Develop insightful management reporting on the delivery and commercialization status of investments.
• Work with the marketing team on customer communication for product promotion & regulatory requirements.
• Partner with engineers, designers, marketing, customer operations, strategy and analytics teams to develop and deliver projects.
  
  

Secondary Responsibilities

• Conducting knowledge sessions with all stakeholders to ensure product awareness & connect ensure continuous product improvement.
• Provide training to branch / Channel and new on boarded teams as and when required.
  
  

Education

Graduation: Bachelor’s in engineering / Technology / Math’s / Commerce / Arts / Science / Biology / Business / Computers / Engineering / Management.

Post-graduation: MBA, PGDM.

Experience: 2-5 years of relevant banking experience.