Hiring - Process and Product Manager(Direct Assignment and Co Lending)

Yes Bank

Mumbai

On-site

INR 2,000,000 - 2,800,000

Full time

14 days+

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Job summary

Yes Bank in Mumbai seeks a Process and Governance Manager to lead end-to-end operational activities for Direct Assignment and CoLending within Retail Assets. You will ensure governance, regulatory compliance and strong documentation controls across partnerships and internal teams.

The role requires 27 years in Banking or Treasury Operations, with a detail-oriented mindset and proven ability to drive process improvements and automation. MBA/PGDM is preferred.

Qualifications

Graduation is essential, MBA/PGDM preferred.
27 years of banking or treasury operations experience is essential.
Detail-oriented and execution-focused with strong governance sense.

Responsibilities

Lead end-to-end operations for Direct Assignment and CoLending businesses.
Ensure governance, regulatory adherence and documentation controls.
Coordinate with risk, policy, finance, technology and partner teams.
Deliver accurate MIS and portfolio reporting; drive process automation.

Skills

Operations management

Regulatory compliance

Stakeholder management

Process improvement

Governance

Education

Graduation

MBA/PGDM

Job description

Immediate Hiring - Process and Product Manager - Direct Assignment and Co Lending.

Location: Mumbai Experience: 27 years Role Level: Manager Industry: Banking / NBFC / Retail Assets Department: Inorganic Lending (Direct Assignment & CoLending)

About the Role

We are looking for a detailoriented and executionfocused Process & Governance Manager to lead operational activities across the Direct Assignment (DA) and CoLending (CLM) businesses within the Retail Assets division. The role involves managing endtoend operational workflows, ensuring governance and regulatory adherence, coordinating with internal and external stakeholders, and driving process improvements to support scalable and compliant business growth.

Key Responsibilities

1. Strategy & Planning

Support the strategic roadmap for operational excellence across DA & CoLending.
Collaborate with business, risk, policy, finance and technology teams to align operations with business goals.
Contribute to partner onboarding, new product rollouts, and regulatory implementation.
Identify process gaps and drive automation/efficiency initiatives.

2. Policies, Processes & Governance

Ensure strict adherence to internal policies, regulatory frameworks, and partner contractual guidelines.
Handle CLMrelated queries with accurate documentation and timely resolution.
Strengthen process controls to maintain audit readiness and compliance integrity.
Conduct periodic SOP reviews and update documentation in line with regulatory changes.
Coordinate with Risk & Policy teams to address deviations and implement corrective measures.

3. Operational Execution (DA & CoLending)

Manage endtoend processes for DA & CoLending transactions.
Oversee partner onboarding, agreement execution, and documentation compliance.
Coordinate disbursement and servicing activities with partners and internal teams.
Deliver accurate MIS and periodic portfolio performance reporting.
Resolve partner queries within defined TAT and ensure service consistency.
Act as operational SPOC for NBFC/HFC partners.

4. People & Culture

Uphold organizational HR policies, code of conduct, and collaborative work culture.
Contribute to building an inclusive and highperformance environment.

Key Performance Indicators (KPIs)