AVP/VP - Senior Product Manager - Cash Management - Bank

Given below position details with a Leading Bank :

Role/Job Title: Senior Product Manager(AVP/VP) - Cash Management

Function/ Department: Wholesale Banking - Transaction Banking Group (TBG)

Job Purpose:

The purpose of the job is to work with Product Head for Cost optimization and ensure profitability of CMS mandates

Roles & Responsibilities:

- Finalization and management of FinTech/Vendor tie-ups with focus on achieving best in class product offerings.

- Liaise with regulatory bodies such as NPCI, RBI for smooth execution of transactions.

- Working with Regional Sales/Coverage heads for designing customized CMS solutions for sustained Current Account balances.

- Liaise with regulatory and internal audit teams and ensure nil regulatory/control deviations. Liaise with regulatory and internal audit teams and ensure nil regulatory/control deviations.

- Work with Product Head for Cost optimization and ensure profitability of CMS mandates. Benchmarking product offerings with competition and work on new-age technology to provide differentiated CMS solutions.

- Focused efforts to increase digital footprint by increasing BXP usage for CMS customers.

- Handling of day-to-day transaction approvals and issues across collection and payment products.

- Work closely with Ops and IT to ensure smooth execution of various product offerings. Work on system development initiatives and implementation.

- Process standardization and optimization along with Operations and other stakeholders.

- Focus on Retail/Business Banking segment and make necessary alterations in product to suit said segment.