Product Manager

•Job Role: Product Manager (Emerging Enterprises & Financial Institution)

•Location: Mumbai Corporate Office, Maharashtra

•Reporting to: National Manager – New Products, Process, Distribution & Tech

1. ROLE OVERVIEW & STRATEGIC CONTEXT

The Product Manager — Financial Institutions & Emerging Enterprises Funding is a high impact individual contributor within the Bank’s Wholesale Banking Group, responsible for end to end ownership of lending and structured finance products. The role covers funding solutions for Regulated Financial Entities such as NBFCs, MFIs, HFCs, ARCs, co operative banks, insurers, and Small Finance Banks, as well as high growth, venture backed emerging enterprises. Positioned at the intersection of credit, structuring, technology, compliance, and business development, the role requires close collaboration with Relationship Managers, Risk, Treasury, Legal, Compliance, and Technology teams. The role focuses on developing and scaling compliant lending solutions that support portfolio growth, sustainable revenue outcomes, and increasing digitisation across the Financial Institutions and Emerging Enterprises segments.

2. KEY RESPONSIBILITIES

●Conceptualise, design, and manage the full product suite for FI lending (term loans, working capital demand loans, overdraft facilities, subordinated / Tier II debt, co-lending arrangements, assignment of receivables, FLDG structures, securitisation of standard assets) and Emerging Enterprise funding

●Design, develop, and own differentiated lending products for emerging enterprises and start ups, including cash flow–based loans, growth capital debt, bridge financing, and hybrid structures aligned to equity funding cycles.

●Demonstrate strong stakeholder management capability by leading cross functional engagement across Risk, Legal, Compliance, Operations, and Technology to progress new products through internal and regulatory approval frameworks.

●Manage product P&L, driving pricing decisions, transfer pricing adjustments, risk cost allocations, and fee structures (processing fees, commitment fees, prepayment charges, facility agent fees).

●Monitor regulatory developments issued by RBI and lead their structured interpretation and implementation across EE & FI lending products within internal governance and control frameworks.

●Own and maintain the Bank's internal product policies for the FI and Emerging Enterprises segment, including annual reviews and track-changes documentation for regulatory audits.

●Demonstrate a strong understanding of digital transformation across the product lifecycle, enabling process simplification, system integration, and automation across origination, execution, and monitoring stages.

●Utilise data driven insights and analytical frameworks to strengthen product decisions, portfolio monitoring, and continuous improvement initiatives.

●Enable business development by providing market intelligence and product insights to support informed client discussions and opportunity identification.

3. QUALIFICATIONS & EXPERIENCE

●Post-graduate degree in Finance, Economics, or Management from a reputed institution, CA/CFA, or equivalent professional qualification.

●Minimum 5 years of experience in institutional credit, product management, or structured finance within a Scheduled commercial bank, NBFC, Credit rating agency, credit-focused PE fund etc.

●Prior experience in a product management, policy, or strategy role within the wholesale/institutional banking vertical of a large scheduled commercial bank or an NBFC.