IDFC First Bank

Product Manager

Mid-Level
Full-Time
Mumbai, IN
Product Management
500+ Employees

About 

IDFC First Bank

IDFC FIRST Bank stands out as the new-age bank in India, driven by principles of ethical banking, technological innovation, and societal welfare. With a strong commitment to serving customers ethically, the ‘Near and Dear’ Test, assures that our products meet the standards we'd want for our loved ones. We reject unethical income and simplify our offerings, eliminating fees on various services such as Savings Accounts, Debit Cards and transactions, making us the FIRST and only bank in India to do so. Our approach is customer-centric, with transparent and user-friendly products, levelling up the industry standards.

Your Responsibilities

  • Product Management: Developing on –going market insight, Identify sector trends. Evaluate competitors and offerings. Compare competitive products. Configure product SWOT & uncover opportunities.
  • Portfolio Review and Performance management: Development of market insight, Conducting Post Launch Product audits. Revaluate Competitor action. Analyse Product and Portfolio Performance. Refining/evaluating Pricing Structure. Adjusting marketing and Promotional Plans. Assess channel Performance. Rationalization of Portfolios.
  • Devising smooth/innovative customer journey end to end.
  • Process Streamlining: Customization/digitalization in the Loan process/system platform
  • Determines product pricing by utilizing market research data, costing etc.
  • Product Sales Support: Devising training module, imparting training to various team co-ordination with various support vertical, etc.
  • Coordinating with different stakeholders for smooth functioning of product.
  • Maintaining MIS and Product decks for periodic reviews.
  • Daily interaction with sales for reaching maximum and daily disbursal volumes for the product.

Required Skills and Experience

  • Graduate – Science /Commerce
  • Postgraduate – MBA (Marketing / Finance) from a reputed institute will be desirable
  • 4 Years in Industry of Banks/NBFC/HFC

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