Product Manager II Maharashtra

Aavas Financiers; Mumbai; On-site; INR 4,000,000 - 8,000,000; Full time

Job summary

Aavas Financiers in Mumbai is seeking a senior Product Manager to own product strategy, P&L, and pricing across housing finance products. You will lead data-driven initiatives, build dashboards, and collaborate with cross-functional teams to improve profitability.

The role requires 10+ years in product/portfolio management, with strong analytics and expertise in mortgage/affordable housing finance. Regulatory alignment and channel optimization are key responsibilities.

Qualifications

• 10+ years in Product Management, Business Strategy or Portfolio Management in Housing Finance, NBFCs or Banks.
• Strong experience in Affordable Housing Finance / Mortgage / LAP products.
• Proven track record in P&L management, pricing and profitability.
• Strong analytics, data interpretation and performance management.
• Proficient in Excel, SQL and BI tools (Power BI/Tableau).
• MBA/PGDM in Finance or related discipline preferred.

Responsibilities

• Own and drive product-level P&L, revenue growth, margins, and cost optimisation.
• Design incentive structures and performance-linked contests across channels.
• Develop incentive models aligned with disbursement, revenue, profitability, and objectives.
• Develop dashboards and MIS for sourcing, login, sanction, disbursement, conversion and profitability.
• Analyse performance across geographies, segments, channels and branches.
• Conduct cohort, funnel, vintage and portfolio profitability analyses.
• Identify leakages, inefficiencies and growth opportunities through data.
• Collaborate with Business, Finance, Credit, Risk, Analytics, Technology and Operations.
• Establish governance and performance review mechanisms; ensure RBI/NHB compliance.

Skills

Product management

Business strategy

Portfolio management

Data analytics

Advanced Excel

SQL

Power BI

Tableau

Mortgage underwriting

Education

MBA/PGDM in Finance or related

Tools

Power BI

Tableau

SQL

Advanced Excel

Job description

Key Responsibilities

1. Product Strategy &P&L Ownership

• Own and drive product-level P&L, focusing on revenue growth, profitability, margins and cost optimisation.
• Design and implement sales incentive structures and performance linked contest across alternate channels.
• Develop incentive models aligned with disbursement , revenue, profitability, and business objective.

2. Business Analytics & Data-Driven Decision Making

• Strong analytical capability to interpret large datasets and translate insights into actionable business strategies.
• Develop dashboards and MIS covering sourcing, login, sanction, disbursement, conversion, portfolio quality and profitability.
• Analyse business performance across geographies, customer segments, sourcing channels and branches.
• Conduct cohort, funnel, vintage and portfolio profitability analysis.
• Identify business leakages, operational inefficiencies and growth opportunities through data.

3. Portfolio Growth & Business Performance

• Analyse channel-wise productivity and performance across Direct Sales, Alternate Channels and Digital.
• Partner with distribution teams to improve conversion, productivity, and business contribution.

4. Stakeholder Management & Governance

• Work closely with Business, Finance, Credit, Risk, Analytics, Technology and Operations teams.
• Establish structured governance and performance review mechanisms.
• Ensure adherence to applicable RBI/NHB regulatory guidelines and internal policies.

Required Experience & Qualifications

• 10+ years of experience in Product Management, Business Strategy, or Portfolio Management within Housing Finance, NBFCs or Banks.
• Strong experience in Affordable Housing Finance / Mortgage / LAP products.
• Demonstrated experience in product-level P&L management, pricing, and profitability .
• Strong command of business analytics, data interpretation, and performance management.
• Hands-on proficiency in Advanced Excel, SQL and BI tools such as Power BI or Tableau preferred.
• Sound understanding of mortgage underwriting, customer segmentation, and distribution channels.
• MBA/PGDM in Finance, Business Management or a related discipline preferred.