Product Manager – SME Banking

December 19, 2024
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Job Description

Job Title: Product Manager – SME Banking

Employer Details

  • Organization: Yes Bank
  • Location: Mumbai, India

Job Summary

We are seeking a highly skilled and motivated Product Manager for the SME Banking segment. The candidate will oversee product management, policy formulation, and process improvement initiatives while ensuring compliance with credit and government schemes. This role requires a strategic thinker with expertise in product development, policy implementation, and cross-functional collaboration.

The ideal candidate will have 5–10 years of relevant work experience, preferably in a credit team, and hold a CA or MBA (Finance) qualification.

Key Responsibilities

Product Management

  • Manage existing programs and policies to enhance their efficiency and relevance.
  • Develop new product programs tailored to diverse customer segments and emerging market opportunities to improve portfolio granularity and yield.

Process Improvement

  • Drive process improvement initiatives across products, programs, and customer lifecycle stages.
  • Benchmark processes with competitor banks to maintain a competitive edge.

Policy Development and Implementation

  • Formulate credit policies aligned with the requirements of target segments.
  • Ensure seamless implementation of government credit schemes.
  • Conduct hind-sighting of credit policy implementation to ensure adherence and identify gaps.

Training and Stakeholder Collaboration

  • Provide product and policy training to frontline teams to ensure effective execution.
  • Collaborate with various stakeholders to gather inputs and drive the successful closure of initiatives.

Audit and Compliance

  • Handle audits for the SME segment, ensuring compliance with internal and external regulations.

Skills and Qualifications

Educational Qualifications

  • CA or MBA (Finance) is mandatory.

Experience

  • 5–10 years of relevant experience, preferably in a credit team within the banking or financial services sector.
  • Proven expertise in credit policy formulation, product management, and process improvement.

Technical Skills

  • Strong understanding of SME banking products, credit policies, and government schemes.
  • Proficient in data analysis and process benchmarking.

Soft Skills

  • Strategic thinker with excellent problem-solving abilities.
  • Strong communication and interpersonal skills.
  • Ability to manage cross-functional collaborations effectively.

Work Location

  • Mumbai, India

Compensation

  • Competitive salary as per industry standards and candidate expertise.

How to Apply

Interested candidates can share their CVs to: sanjay.inani@yesbank.in