Product Manager - Banking

Job Title: Product Manager (Banking)

Location: Mumbai

Duration: 6 Months (Contract)

About Company:

It is a leading global management consulting firm known for its expertise in strategic advisory services. With operations in over 130 cities across more than 65 countries, they assists businesses, governments, and institutions in solving complex problems and achieving sustainable growth. The firm offers a wide range of services, including strategy, operations, digital transformation, marketing, and risk management, utilizing a data-driven and analytical approach. Renowned for its impact and innovation, they serves a diverse clientele, from large corporations to non-profits and governmental organizations, helping them navigate challenges and capitalize on opportunities in a rapidly changing world.

Key Responsibilities:

- Lead the end-to-end product management process for digital banking products, from ideation to launch and beyond.

- Collaborate with cross-functional teams including engineering, design, marketing, and operations to ensure seamless product delivery.

- Define and prioritize the product roadmap in line with business goals and customer needs.

- Conduct market research and analyze competitor offerings to drive innovation in the digital product suite.

- Ensure compliance with banking regulations and work closely with legal and risk management teams.

- Gather and incorporate customer feedback to enhance product features and functionality.

- Monitor product performance, track KPIs, and implement improvements to drive user engagement and adoption.

- Drive agile methodologies and work in sprint cycles to deliver key features efficiently.

Key Requirements:

- 3-8 years of experience in product management, specifically within a bank or financial services organization.

- Proven experience in building and launching digital products (e.g., mobile banking apps, digital wallets, or online banking platforms).

- Strong understanding of banking processes, regulatory environments, and customer experience in financial services.

- Excellent project management skills with experience in agile product development.

- Analytical mindset with the ability to work with data to drive decision-making.

- Strong communication and stakeholder management skills.

- Bachelor's degree in business, engineering, or a related field; MBA is a plus.

Preferred Skills:

- Experience with customer journey mapping, UX/UI design principles, and A/B testing.

- Familiarity with API-driven product development and fintech integrations.

- Knowledge of digital payment systems, loans, or wealth management products.