Product Manager-Individual Loans

Ujjivan Small Finance Bank; Bengaluru; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

Ujjivan Small Finance Bank in Bengaluru seeks an experienced Product Manager to oversee secured and unsecured loan products from design to rollout. You will develop new features, pricing and journey optimizations, while coordinating with Credit, Risk, and Technology teams to implement improvements.

The role requires 5–9 years in product management related to lending, with an MBA or postgraduate qualification preferred.

Qualifications

• MBA or relevant postgraduate qualification preferred.
• 5–9 years in product management, retail lending, microbanking, credit, or portfolio management.

Responsibilities

• Manage Secured and Unsecured Loan products throughout their life cycle, from design and approval to rollout and performance review.
• Develop new products and enhance existing features, pricing, eligibility criteria, processes and customer journeys.
• Support evaluation and development of potential secured lending propositions.
• Analyse business growth, portfolio quality, souring trends, customer segments and market developments.
• Prepare product policies, business requirements, process documents and management presentations.
• Coordinate with Business, Credit and Risk teams on product propositions, underwriting parameters and policy changes.
• Partner with Technology and Operations teams for system enhancements, user acceptance testing and product implementation.
• Develop product dashboards and provide actionable business and portfolio insights to management.
• Prepare product communication, FAQs and training inputs for branches and field teams.
• Gather customer and field feedback, identify recurring pain points and drive improvements.

Skills

Product management

Retail lending

Portfolio analytics

Credit processes

Pricing

Education

MBA or postgraduate

Job description

• Manage Secured and Unsecured Individual Loans products throughout their life cycle, from design and approval to rollout and performance review.
• Develop new products and enhance existing product features, pricing, eligibility criteria, processes and customer journeys.
• Support the evaluation and development of potential secured lending propositions.
• Analyse business growth, portfolio quality, souring trends, customer segments and market developments.
• Prepare and maintain Product policies, business requirements, process documents and management presentations.
• Coordinate with Business, Credit and Risk teams on product propositions, underwriting parameters and policy changes.
• Partner with Technology and Operations teams for system enhancements, user acceptance testing and product implementation.
• Develop product dashboards and provide actionable business and portfolio insights to management.
• Prepare product communication, FAQs and training inputs for branches and field teams.
• Gather customer and field feedback, identify recurring pain points and drive product, process or system improvements.
• Ensure adherence to internal governance, applicable regulatory requirements and customer-protection standards.

Educational Qualification:

• An MBA or relevant postgraduate qualification will be preferred

Experience :

• 5-9 Yrs. Relevant experience in product management, retail lending, Microbanking, credit, business or portfolio management.
• Experience working with secured loan products will be an added advantage.
• Strong understanding of the lending life cycle, credit processes, product pricing and portfolio analytics.