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RBL Bank is hiring For Product Manager - CA (Current Account)

RBL Bank is hiring For Product Manager - CA (Current Account)

ConfidentialNavi Mumbai, Mumbai, Mumbai City
30+ days ago
Job description

Role Purpose

  • Equipping the business team with insights on book / portfolio behavior with necessary data support
  • Support the business / front end team with product & process initiative

Position Responsibilities

Sr. Key Responsibilities

1 Product Development & Maintenance :

  • Identification of banking needs through competition analysis (primary & secondary research)
  • Identify markets / segments for which products are best fitted variants through feedback from branches / channels / research / customers
  • Develop offering based on potential of segments / regions keeping in mind ideal product mix required
  • Customisation requests for CA basis customers business requirement & commitment
  • Plan for promotional activities & campaign for product offerings
  • Product Launch - Positioning, Branding, Marketing Collaterals, Communication, Roll out
  • 2 Process / Product Management :

  • Implement enhancements in product portfolio in line with present value offering (product, pricing, schedule of charges and packaging)
  • Review processes suggest improvements resulting into TAT / Cost reduction and better customer service / experience
  • Relationship management with all stake holders for putting up the requirements in place – BSG, Operations, Cost Teams, Audit, Compliance, Legal, Marketing, etc.
  • Product Training - Channels, Branches - Classroom / Knowledge Series / FAQs, etc.
  • 3 Product Profitability / Fee Income :

  • Periodical review of Product Profitability
  • Customised accounts profitability review - for tracking commitment
  • Fee Income – Monitor & review growth in fee income vis-à-vis targets
  • Design & implement plans to improve penetrations in alternative channel and x-sell products along with other relevant teams
  • 4 Product / Process Compliance :

  • Ensuring the product offerings / campaigns are in line with regulatory guidelines i.e. product features, charges, services, etc. are in accordance
  • Ensure new product design adhere to all internal processes and procedures of the bank
  • Coordinate with the Process, Branch Banking, Channel, Compliance, Risk for Audit & Compliance related parameters and their fulfilment related to CA product
  • Competency Requirements

    Skill Attribute

    Technical Skills

  • Working knowledge on MS Office
  • Knowledge

  • Knowledge & understanding on Retail Banking
  • Behavioural skills

  • Good Interpersonal & Communication skills – verbal, and written (including presentations, etc.)
  • Proactive & Analytical thinking
  • Team Player & Problem Solving approach
  • Able to display the organizational values
  • Learning attitude
  • Educational Criteria :

  • Post Graduate / MBA / CA with Min. 6-7 years' experience in Banking / Product / Liability Business role
  • Skills Required

    Compliance, Retail Banking, Product Management, Profitability Analysis, Process Improvement, Ms Office

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    Hiring For • Navi Mumbai, Mumbai, Mumbai City