Product Lead – Education Loan

About the Role:

The Education Loan product manager will be responsible for product and portfolio management of Education loans including formulation and implementation of product strategy and delivery of P&L goals.
The individual should have relevant product management work experience including new product development and launch, designing product promotion, driving on-ground implementation and active portfolio management.

Key Responsibilities .
Product and Portfolio management:
Strategy formulation for Education loans aligned to overall strategy of the Bank
Drive and manage all P&L metrics for Education Loans portfolio
Analyze competitive landscape to identify and evaluate new business opportunities for profitable growth
Launch and own outcomes for new product/variants in line with the business strategy
Collaborate with cross-functional stakeholders i.e., Sales, strategic channels, Credit, Operations, Policy, Digital/IT for seamless day to day operations covering process, risk, channel management aspects as well as on roll-out of new initiatives/changes
Drive business growth from existing strategic partners (e.g., leading Education loan consultants) as well as launch new alliances
Address all audit related queries and implementing relevant recommendations in a timely manner
Manage the government sponsored schemes including subsidy management and timely reporting
Proactively review existing processes to identify and plug any gaps/ implement preventive controls
Address audit, compliance and regulatory items in a timely manner
Lead and mentor a team of 4 product managers by providing clear guidance on business objectives as well as granular requirements and helping them navigate complex situations