Product Manager – Cash Management Services – Banking/Financial Services Apex Talent

The Corporate Institute; Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

The Corporate Institute in Mumbai seeks a Product Manager for Cash Management Services to design and drive CMS strategy for Transaction Banking across MSME, SME and corporate clients.

You will analyze market trends, regulatory changes and partner ecosystems to enhance the CMS portfolio, including payments, collections, and digital channels such as RTGS, NEFT, IMPS, UPI, and API-driven solutions. Collaboration with Risk, Compliance, Legal, Operations and Tech is essential.

Qualifications

• Experience designing CMS product strategies for transaction banking.
• Knowledge of payments rails: RTGS, NEFT, IMPS, UPI.
• Experience with regulatory compliance in financial services.
• Collaborate with stakeholders across Business, Operations, Technology, Risk, Compliance and Legal.
• Develop API-based payment solutions and integrations.

Responsibilities

• Manage and enhance CMS products across payments, collections and transaction banking solutions.
• Drive product strategy and development for paper-based instruments and related services.
• Oversee digital payment solutions including RTGS, NEFT, IMPS, UPI and mandates.
• Engage with internal stakeholders for product enhancements and launches.
• Manage service providers and fintech partnerships to strengthen capabilities.
• Drive reporting, reconciliation, governance and risk management for CMS products.
• Review processes and drive product/tech enhancements to improve customer experience.

Skills

Product management

Stakeholder engagement

Regulatory compliance

API-based payments

Tools

API integrations

Host-to-Host integrations

SFTP-based transactions

Job description

Product Manager – Cash Management Services

Job Description

To design and develop product strategies for the Transaction Banking franchise for all set of clients. Assess current market and analyze new trends in the industry with peer interaction. Analyze current product portfolio and enhance as per the regulatory environment, at the same time improving the existing cash management offering.

Managerial Responsibilities

• – Provide product solutions and recommendations aligned with business requirements, internal policies, regulatory guidelines and risk management frameworks for MSME, SME and WSB clients.

Functional Responsibilities

• – Manage and enhance Cash Management Services (CMS) products across payments, collections and transaction banking solutions.


• – Drive product strategy and development for paper-based instruments including drafts, cheque printing, and dividend disbursement services.


• – Manage digital payment solutions including RTGS, NEFT, IMPS, UPI and collection solutions such as physical and e-NACH mandates.


• – Oversee statutory payments, utility bill payments, escrow accounts, TRA accounts and capital market transaction solutions.


• – Develop and implement API-based payment solutions, Host-to-Host integrations and SFTP-based transaction banking capabilities.


• – Engage with internal stakeholders across Business, Operations, Technology, Risk, Compliance, Legal and Credit functions for product enhancements and new product launches.


• – Manage service provider and fintech partnerships and evaluate new technology partnerships to strengthen product capabilities.


• – Drive reporting, reconciliation, governance and risk management capabilities across transaction banking products.


• – Review existing processes and initiate product, process and technology enhancements to improve customer experience and operational efficiency.


• – Assess market trends, competitor offerings and emerging transaction banking opportunities and recommend product improvements.