Digital Lending Product Manager

Job Title - Product Manager – FD & ODAFD

Department - Product Management - Consumer Banking

Location - Mumbai

Role Overview

We are seeking a dynamic and detail-oriented Product Manager to lead the development, management, enhancement, and create digital journey of our Overdraft against Fixed Deposit (FD) & Fixed Deposit product. The ideal candidate will oversee the end-to-end product lifecycle, streamline processes, ensure regulatory compliance, and deliver a seamless experience for our customers. This role requires a deep understanding of OD & FD products, risk management, and process within the banking sector

Key Responsibilities

Product & Portfolio Management :

• Develop and execute the product roadmap & strategy for ODAFD product, aligning with the bank’s digital transformation objectives.
• Conduct peer benchmarking, customer segmentation, define product features, benefits, and value propositions aligned with customer needs and market trends.
• Collaborate with cross-functional teams including Risk, Compliance, Ops, Credit and Technology to launch new features and improvements.
• Develop business cases for new features and product enhancements, including financial projections and ROI analysis.
• Monitor existing portfolio, usage patterns, P&L, nonperforming cases etc.
• Prepare regular reports for senior management with insights and recommendations.

Policy & Processes Management pertaining to FD & ODAFD :

Digital Journey Ownership :

Regulatory Compliance :

Ownership of P&L and the Budgets :

Job Requirements