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Full-time
bachelor degree, postgraduate degree
Posted 7d ago
~40 hrs/week
Responsibilities
The Product Manager is responsible for scaling the Home Loan and Suvidha LAP business by developing digital product strategies and managing end-to-end delivery. This role involves cross-functional collaboration to drive business growth, operational efficiency, and portfolio quality.
Requirements
Candidates must hold a full-time graduate degree and a postgraduate MBA in Finance from a premier institute. A minimum of 3 years of relevant experience, preferably in the BFSI sector, is required.
Full job description
Job Requirements
Role/Job Title: Product Manager-Home Loan and Suvidha LAP
Business: Retail Banking
Function department: Home Loans
Job Purpose
Product Manager – Home Loan and Suvidha LAP is responsible for scaling the Home Loan business across India by developing compelling value propositions, expanding product offerings, and enhancing customer experience. This role involves managing product strategy, digital transformation, stakeholder partnerships, and P&L ownership. The position demands strong collaboration across internal teams and external partners to drive business growth, operational efficiency, and portfolio quality.
Key Responsibilities
Digital Product Strategy & Delivery
Build and enhance digital journeys for Home Loan and Suvidha LAP customers, partners, and internal users.
Translate business objectives into product roadmaps, requirements, and technology solutions.
Prepare PRDs, BRDs, user stories, and functional specifications; prioritize features and enhancements based on business and customer needs.
Collaborate with Technology, Digital, Operations, Risk, Compliance, and other stakeholders to deliver product initiatives from ideation to launch.
Evaluate and implement scalable, secure, and customer-centric digital solutions.
Program Governance & Delivery Management
Manage project execution, sprint planning, and end-to-end delivery of digital initiatives.
Track milestones, risks, dependencies, and issue resolution with cross-functional teams.
Manage production defects and ensure timely closure based on business impact and severity.
Prepare governance updates, management presentations, and project status reports.
Testing, Training & Adoption
Lead UAT planning, testing governance, and release sign-offs for digital product enhancements.
Manage and mentor testers/analysts to validate journeys and ensure quality delivery.
Develop training materials, advisories, and process documentation; conduct trainings for relevant teams.
Monitor feature adoption and customer engagement to drive utilization and business outcomes.
MIS, Reporting & Regulatory Management
Own business MIS and reporting related to key business KRAs.
Prepare management dashboards, periodic business reviews, and performance reports.
Support regulatory reporting requirements and ensure timely and accurate submissions.
Utilize data analytics and insights to drive business decisions, identify process improvement opportunities, and improve operational efficiency.
Education
Graduate Degree: Any discipline (Full-time)
Postgraduate Degree: MBA in Finance from a Premier/Tier 1 Institute (Full-time)
Professional Certifications: Preferred but not mandatory
For any bank-related queries, please email us at [email protected] or call 1800 10 888 (Toll free).
Industry
Banking
Company size
10,001+ employees
Founded
2015
Headquarters
Mumbai, Maharashtra
LinkedIn followers
1,800,703
Total funding
$1.8B
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Formed in December 2018 through the merger of infrastructure finance giant IDFC Bank and retail finance specialist Capital First, we commenced commercial banking operations in 2016. Our core principles:
Vision: Building a world-class bank in India, driven by ethical, customer-friendly, digital, and socially responsible banking principles.
Universal Bank: Offering a comprehensive range of services like Retail, MSME, Rural, Startups, Cash & Wealth Management, Deposits, Corporate & Government Banking, Working Capital, Trade Finance, and Treasury Solutions.
Ethical Banking: We follow a 'Near and Dear' test, ensuring products are customer-friendly enough for employees to recommend to loved ones. We simplify legal jargon for clarity and offer 'ZERO FEE Banking' on all savings account services like SMS alerts, IMPS, RTGS, NEFT, ATM withdrawals, and more, making it India’s 1st & only bank to do so.
Customer-Friendly Banking: IDFC FIRST Bank credits monthly interest on savings accounts, offers lifetime-free credit cards with non-expiring rewards and transparent fees.
Technology-led Banking: Seamless services across mobile, branches, internet banking, call centres, & relationship managers. Our mobile app, with 250+ features, is rated 4.8 on Google Play & the App Store.
Global rating agency Forrester ranked it India’s best & among the world’s top 20 for two consecutive years.
Social Good Banking: Focusing on financial inclusion, we serve 40M+ customers, with 16M lifestyle improvement loans,15M loans to 4.3M women entrepreneurs, 6.5M vehicle loans, 1M each for sanitation & livelihood, 300K SME, and 100K home loans.
ESG Goals: We hold high ESG scores, demonstrating our commitment to financial inclusion & social responsibility.
Creating a new-age, ethical and world-class institution for India is a privilege for its employees.
Offices: IDFC FIRST Bank Tower, The Square, C-61, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai, Maharashtra 400 051, IN
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