Director - Product Management - eCommerce

About CredAvenue

- Pioneering the Startup 2.0 concept, CredAvenue is an organization on a mission to deepen and power the $120Trillion global enterprise debt market which would unlock a GDP multiplier and thus create massive economic value.

- For India, which is the first target market, the CredAvenue marketplace is leading to an empowerment of both SME and larger enterprises on one side, and the ease of efficiently growing a healthy loan book for the larger Banking ecosystem on the other.

- The Proprietary Algorithms developed by CredAvenue's Data Science and Product Engineering team have already set up the base to enable this at a massive scale, to process millions of transactions a month.

- Having already processed transactions worth more than INR 65000Cr or $9Billion through the platform, CredAvenue is already way beyond the concept stage, and is already profitable.

- Already having deep in-house expertise in the Financial Services space, the vision and the DNA now and moving forth is around pure-play technology innovation; building 'A global Superapp for Enterprise Debt' covering the entire lifecycle and the ecosystem in this space.

- CredAvenue is the flagship entity of the Vivriti Capital Group, which is a Series B Fin-tech in the 'Soonicorn' club in India, last valued at $300Million. It aspires to and believes it is set on a path to become a unicorn within the next 3 years as an independent entity.

Some links to learn more :

- CredAvenue's bid to reinvigorate India's slowing enterprise credit faucet - The Ken (the-ken.com)

- Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs

- Creating a digital market for enterprise debt - The Hindu BusinessLine

- How CredAvenue is building infrastructure to power debt market through technology (yourstory.com)

Startup 2.0 ?

So, What is Startup 2.0?

- Startup mindset in agility, energy, and value/wealth creation; with the stability, sanity, and people first approach of an established organization

- Real Wealth Creation with Transparency and Liquidity v/s Notional Wealth Creation with a lot of second guessing.

- High-speed decision making due to autonomy v/s multiple layers slowing down/diluting the decision-making process.

- People-first and team-first approach in real action. Investments in Learning & Development, Mental Health, Diversity etc. v/s Being just about numbers.

- Systematic, OKR driven approach with a mature leadership v/s pivoting frequently succumbing to pressure.

- Profitable from Day 1, chasing real profits v/s just chasing the next round's valuation.

- Results-driven meritocratic culture with a clearly defined measurement system and a bonus system which works.

- A Long-term view on everything, from day 0.

Some Perks and Benefits at CredAvenue :

(Apart from having a coveted chance to leave a legacy behind and aid the expansion of our country's economic growth)

- Food is on us. So that you can focus on what matters the most.

- Generous health insurance for you as well as your dependents, including parents.

- Holistic wellness support through 1on1.net for both you and family. We care for your mental health as much as we care for your physical health.

- Life insurance (10X your Fixed annual CTC) and Critical Illness cover (5X your Fixed annual CTC)

- At CredAvenue, we provide multiple avenues for learning. We have a dedicated budget of INR 75,000/year that you can use towards pursuing learning programs/certifications/attending conferences.

- Team outings are a fantastic way to unwind, relax and get to know your team better. Have fun with your team to do an activity of your choice. Be it exploring the restaurants in the town together, or watching a movie, or play a game of soap football, we have it covered. Every team member has a generous annual budget for this.

About the Role :

We are looking for a Leader in Product Management who is passionate about building delightful products for our users in India. You should be customer obsessed, smart and analytical, strategic yet execution focused, passionate about solving problems through technology, and must have shown some entrepreneurial leadership in the past. You will work closely with the Business, Engineering and Data teams.

Responsibilities :

- Create the vision and product road-map for the next generation of ground operations solutions; articulate and evangelize it across internal and external stakeholders

- Strategic planning and management of the entire product portfolio.

- 8 - 12 years of product management experience in consumer internet startups in B2C e-commerce or fintech (Amazon, Swiggy, Zomato, Myntra,Ola, Uber, Rapido, Bounce, etc.) space

- Strong communication and organization skills, as well as the ability to think clearly, analyse quantitatively, problem - solve, multi-task and prioritize

- Sound business judgement, attention to detail, proven ability to influence others, demonstrate experience engaging and influencing senior executives, and a strong analytical mindset

- Proven track record of independently building and launching technology products from ground up; delivering within time, budget and quality

- Demonstrated ability to turn customer needs and pain points into innovative products

- Ability to thrive in a fast - paced, deadline - driven environment, along with the tenacity to develop ideas independently and the conviction to drive them to completion is crucial for this role

- Domain knowledge of B2C supply chain / logistics/mobility is required

- Direct and collaborate with Design, Engineering, and partner teams to produce new features and content experiences that deliver value to our users.

- Build world-class internal products that eliminate workflow friction, maximize output, and improve employee experience.

- Strategic: You can put a product vision & multi-year strategy that everyone can rally behind.

- Data backed decisions: You can ask the right questions & use data to make decisions.

- Business Acumen: You enjoy building businesses & not just product features.

- Technical Proficiency: You can participate with engineering teams to influence design & architecture.

Requirements :

- Computer science degree from Tier 1 Institute or MBA from Tier 1 institute, or both.

- Experience: Minimum 10+ years of experience with at least 7 years of experience in product management

- Minimum 3 years of individual PM role in good Product organization.

- Grew to PM lead/Manager who has built and managed team of 10+ PMs in past. Built/grew a team significantly.

- At track record of building exceptional products that delight your users and produce clear business impact.

- Built at least one successful Consumer or B2B product from ground up and took it to successful level.

- Brings both Big Tech company (Processes) and Product start-up experience (Strategy and Culture)

- Leadership: Prior experience hiring & leading a team of top-notch PMs

- Experience with growing or turning around a legacy product.

- Understands challenges in start-up hiring and people management.

- Can establish right Product Management processes based on current team maturity and desired goals.

- Have managed Market & User research, product analytics.

Key Competencies :

- Product visionary - "Defining & driving the product strategy".

- Execution of product planning, product discovery, customer discovery & development process "No matter where the vision comes from". You can break down strategy into well prioritized quarterly roadmaps & demonstrate execution excellence.

- Product Culture: Importance of continuous innovation, true collaboration, and concrete plans .

- Passion: for financial markets