Product Manager - Construction & Industrial Equipment Finance - Bank

PRODUCT MANAGERS for:

1 ) CONSTRUCTION EQUIPMENT FINANCE

2 ) INDUSTRIAL EQUIPMENT FINANCE

3 ) MEDICAL EQUIPMENT FINANCE

Location: MUMBAI

Package: Market competitive plus incentives

Company: Leading Private Sector Bank & another Leading NBFC

Reporting to : REGIONAL HEAD

New domains of :

1 ) CONSTRUCTION EQUIPMENT FINANCE

2 ) INDUSTRIAL EQUIPMENT FINANCE

3 ) MEDICAL EQUIPMENT FINANCE

- Acquisition is being created in the Bank / NBFC

- As a Product Manager, the role will be responsible for tie-ups & helping to acquire clients in the all the above 3 products.

- Good tie-ups with OEMs.

- To handle the manufacturer, Supplier, vendor, alternate channel management with the Bank.

- Regional role covering CONSTRUCTION equipment and Printing and packaging businesses.

- The stake holder management are covered including various departments like business, credit, operations, IT and business process for the smoother functioning of the business.

- Tie-ups for new business with OEMs.

Core Responsibilities :

- Acquisition and management of Equipment FINANCE customers for their equipment purchase & working capital requirements

- Complete life cycle management of the customer (acquisition, on-boarding , portfolio , activation and attrition management)

- Enhance trade revenue by increasing wallet share in newly onboarded and existing accounts

- Facilitate customer trade transaction and ensure straight through processing

- People Management or Self-Management Responsibilities

- Self-driven with positive mindset

- Eager to develop and deliver projects and assignments within timelines

- Solution oriented approach and collaborative skills.

- Strong communication and interpersonal skills.

Risk and Internal Control Responsibilities :

- Conducting due diligence on customer & transaction to cater various AML and Regulatory requirements related to transaction.

Key Internal Interactions :Purpose of Interaction :

Risk team: For assessment of limits to clients.

OSD/CSD: For limit set up of transactions

Key External Interactions :

- Trade & Business Associations :For tie ups and generating leads for acquisition of clients.

- Interact with credit bureaus and relevant stakeholders

- Minimum Qualifications : PG Any specialization

- Language Skills :English, Hindi , Local language

- Years of Experience : relevant experience of 5 years plus in the industry / segment & well versed with banking processes