Senior Associate, Product Manager PLAP, Consumer Banking Group

DBS Bank Ltd; Mumbai City; On-site; INR 2,500,000 - 5,000,000; Full time

Job summary

DBS Bank Ltd in Mumbai is seeking a Product Manager to lead the LAP (Loan Against Property) portfolio strategy and market insight efforts. You will analyze market trends, define product roadmaps, and coordinate with Sales, Credit, Operations, Legal, Compliance, and Marketing to ensure effective delivery.

The role requires 5+ years in product management within banking, with proven LAP experience; strong analytical, communication, and project-management skills are essential for driving growth and

Qualifications

• 5+ years of experience in product management within banking/financial services, with a strong focus on secured lending
• Proven experience in managing Loan Against Property (LAP) or secured lending products
• MBA or equivalent advanced degree preferred

Responsibilities

• Develop and execute a comprehensive LAP product strategy aligned with business objectives and market trends.
• Collaborate with Sales, Credit, Operations, Legal, Compliance, and Marketing to ensure seamless product delivery.
• Drive funnel efficiency by implementing new processes and gathering customer feedback for product improvements.
• Work with Risk and Compliance teams to assess and mitigate LAP portfolio risks and ensure regulatory adherence.

Skills

Strong analytical and problem-solving

Excellent communication, presentation,

Interpersonal skills

Multi-project management

Education

Bachelor’s degree in Business Administration, Finance, Marketing, or related; MBA preferred

Job description

Key Responsibilities

• Product Strategy, Market analysis:

  • Develop and execute a comprehensive product strategy for the LAP portfolio, aligning with overall business objectives and market trends.
  • Conduct in-depth market research and competitive analysis to identify growth opportunities and adoption of best practices
  • Monitor and analyze key performance indicators (KPIs) such as portfolio growth, disbursals, asset quality, customer acquisition channels, and profitability
  • Perform reject analysis on cases dropped by credit to identify trends and areas for process improvement.

• Stakeholder Management & On-ground Support:

  • Collaborate closely with various internal stakeholders including Sales, Credit, Operations, Legal, Compliance, and Marketing teams to ensure seamless product delivery and support.
  • Provide on-ground support to sales teams, branches and other relevant stakeholders to facilitate product understanding and address operational challenges.
  • Work with the Sales team to develop effective sales strategies, training programs, and marketing collateral
  • Engage with external partners and vendors as needed to enhance product capabilities and service delivery.

• Process Improvement & Funnel Efficiency:

  • Work on implementing new processes to drive funnel efficiency and improve conversion rates.
  • Gather customer feedback and insights to inform product enhancements and ensure high levels of customer satisfaction.

• Risk & Compliance:

  • Ensure compliance with relevant regulatory guidelines, internal policies, and risk management frameworks
  • Work with Risk and Compliance teams to assess and mitigate risks associated with the LAP portfolio.

Qualifications

• Education: Bachelor’s degree in Business Administration, Finance, Marketing, or a related field. An MBA or equivalent advanced degree is preferred.

• Experience:

  • 5+ years of experience in product management within the banking or financial services industry, with a strong focus on secured lending .
  • Proven experience in managing Loan Against Property (LAP) or secured lending products is essential.

• Skills:

  • Strong analytical and problem-solving skills, with the ability to interpret complex data and make data-driven decisions.
  • Excellent communication, presentation, and interpersonal skills, with the ability to influence and collaborate with diverse stakeholders.
  • In-depth understanding of the Indian consumer lending market, regulatory environment, and competitive landscape.
  • Ability to manage multiple projects simultaneously in a fast-paced environment.

Location:

Regional Office Mumbai

Job:

Product Management

Schedule:

Regular

Employee Status:

Full time