Product Manager - Prepaid Card Solutions
Summary
Oversee the design, development, and management of prepaid card solutions for banks and fintechs, leveraging embedded fintech infrastructure and cloud-native platforms.
Job Position: Product Manager – Prepaid Card Solutions
Job Locations: Bhubaneswar, Bangalore and Mumbai
Compensation: 15 L to 30 L
Experience: 2 to 5 Years
Company Introduction
iServeU is a modern banking infrastructure provider in APAC region, empowering financial enterprises with embedded fintech solutions for their customers. iServeU is one of the few certified partners with National Payment Corporation of India (NPCI), VISA for various products.
iServeU also provides a cloud-native, micro services-enabled, distributed platform with over 5000 possible product configurations with a low code/no code interface to banks, NBFCs, Fintech, and other regulated entities.
• We process around 2500 transactions per second by levering distributed & auto scale technology like K8.
• Our core platform combines of 1200+ micro services.
• Our customer list includes Fintech start-ups, top tier private banks to PSU bank. We operate in five countries and help customers constantly change the way financial institutions operate and innovate.
• Our solutions currently empowers over 20 banks and 250+ enterprises across India and abroad.
• Our platform seamlessly manages the entire transaction lifecycle, including withdrawals, deposits, transfers, payments, and lending through various channels like digital, branch, agents.
Our team of 500+ employees, with over 80% in technology roles is spread across offices in Bhubaneswar, Bangalore and Delhi. We have raised $8 million in funding to support our growth and innovation.
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JOB PURPOSE:
We're seeking an enthusiastic all-rounder for product management in a fintech start-up who will be responsible for the design, development, and management of comprehensive Prepaid card solutions tailored for both banking and non-banking clients. This role demands a strong grasp of the financial services sector, particularly in Prepaid card market and involves driving product innovation, ensuring superior customer experiences, and achieving strategic business goals.
Responsibilities:
- Drive product
management execution on key prepaid verticals and use cases in collaboration
with teams and cross-functional including engineering, design, compliance and
marketing.
- Analyze data to
identify and capitalize on under-penetrated programs and product lines, capturing
untapped opportunities.
- Lead the design and
development process for Prepaid card products, ensuring alignment with client
requirements. Complete ownership of PRD, validation and product performance.
- Assess data and
consumer insights to foster innovation by developing new prepaid offerings,
product features, and enhancements.
- Help clients in
leveraging best practices for prepaid products and use cases.
- Project manage and
assume ownership of end-to-end strategic projects, executing and monitoring
results to ensure accountability and successful implementation.
- Product Development
& Management of INR Prepaid Cards
- P&L responsibility
for card products to deliver targeted growth and attain revenue targets
- Responsible for
conducting market intelligence, research, competitor analysis and design
- Source and device ways
to attract customers digitally and thus increase issuance and enhance customer
digital channel experience
- Work closely with banks
and Fintechs to understand their specific needs and tailor solutions
accordingly
- Digital transformation
and integration with various platforms.
- Building system level checks, control systems
and compliance framework and work seamlessly with the various teams in terms of
shaping the final product with necessary inputs and approvals from the various
stakeholders.
Requirements
Desired
Qualifications/ knowledge:
- Bachelor's degree in a related field (e.g.,
Finance, Business or Economics or computer Science). MBA or relevant advanced
degree is a plus.
- Experience as a Product Manager within the
financial services industry, specifically focusing on Prepaid card products. Must have 2+ experience in Prepaid Card Product Management
experience
- Demonstrated success in designing and developing
financial products for both banks and fintechs.
- Solid knowledge of agile methodologies, with
experience working in cross-functional agile teams.
- Excellent analytical and problem-solving skills,
with the ability to translate complex business requirements into actionable
product features.
- Ability to thrive in a fast-paced, dynamic
environment and manage multiple projects simultaneously.
- Familiarity with compliance and regulatory
requirements in the Fintech industry is required.
- The successful candidate will have demonstrable
analytic, problem-solving, and leadership skills, and has the ability to
deliver projects in a fast-paced environment.
- Strong knowledge and experience in payments and
money transfer business in the financial domain.
- Excellent stakeholder management skills,
including the ability to engage and collaborate with diverse (senior)
stakeholders
- Having a knack for discovering deep customers
insights, coming up with great hypotheses, and validating creatively and
quickly to craft a differentiated product offering.
- Process orientation - ability to perform within
existing systems and processes, while constantly aiming for process improvement
