Product Lead - JLG/Group Loan & Microfinance

Role/ Job Title: Product Lead

Product: JLG, Group Loan, Microfinance

Place of Work: Mumbai

Job Purpose:

- Will manage the JLG, MHL product managers and drive with them the entire end to product management for these portfolios.

- Will be responsible for assisting rural channels with respect to any new channel/variant/product launch, partnerships, trainings, designing product journeys and processes to drive this business with end goal of ensuring a seamless customer experience.

- Will also be responsible for engagement with multiple stakeholders to manage these portfolios.

Key inputs are on below lines:

- Product Management

- Process Management

- Market dynamics

- P&L Management

- Motivate and manage the JLG, MHL teams to deliver these

Roles & Responsibilities:

Product Management:

- Developing on -going market insight, Identify sector trends. Evaluate competitors and offerings. Compare competitive products. Configure product SWOT & uncover opportunities.

Portfolio Review and Performance management:

- Development of market insight, Conducting Post launch Product audits. Revaluate Competitor action. Analyze Product and Portfolio Performance. Refining/evaluating Pricing Structure.

- Adjusting marketing and Promotional Plans. Assess channel Performance. Rationalization of Portfolios. Devising smooth/innovative customer journey end to end.

Process Streamlining:

- Customization/digitalization in the Loan process/system platform.

Determines product pricing by utilizing market research data, costing etc.

- Ensuring regulatory compliances including closure of various audits.

Product Sales Support:

- Devising training module, imparting training to various team coordination with various support vertical, etc.

Secondary Responsibilities:

- Coordinating with different stakeholders for smooth functioning of product.

- Maintaining MIS and Product decks for periodic reviews.

- Daily interaction with sales, operations, credit for reaching maximum and daily disbursal volumes for the product along with product parameters related drive designs and execution.

Managerial & Leadership Responsibilities:

- Managing the product managers reporting to her/him to manage the product portfolio trajectory.

- Ensuring hiring and retention of key personals who are best of the talent pool.

- Enabling teams to deliver their key criteria by enabling and providing requisite support.

Key Success Metrics:

- Growth in the product portfolios along with sales support.

- Growth in product profitability and related parameters.

Education Qualifications: Postgraduate & equivalent (Masters)

Experience Level: Mid-Level (7+ years)