Product Manager - Current Account - Bank

Hiring for Product Manager Current Account in RBL bank Mumbai (7-12 yrs)

Grade - Assistant Vice President/Deputy Vice President

Department - Branch & Business Banking

Location/Branch - Corporate office

Reporting To Product Head - Current Accounts & CMS

A. Position Purpose:

Portfolio Manager - Current Account

Position Responsibilities:

Sr. Key Responsibilities(Please mention all the responsibilities expected from the incumbent to perform)

1 Portfolio Manager

- Responsible to drive current account Portfolio development and Portfolio penetration for RBL bank Pan India.

- Launch programs and campaigns across channels to increase wallet share from customers and improve liability growth.

- Drive repeat transactions and become the default payment mode through direct to customer campaigns

- In-depth analysis on various parameters such as Dormant and inactive accounts.

- Increasing Product penetration, digital activation, portfolio stratification on balance bucketing

- Portfolio Management through driving product holding and increasing wallet share through CMS, TFx, POS, Cards & Working Capital products, improve profitability by driving continuous transaction activation & client engagement

- Collaborate with senior management of various business units to drive common organizational level key objectives

- Engagement with Internal partners to Align to the Overall Banks Strategy

- Training - Channels, Branches - classroom / Knowledge series / query resolution

- Work closely with MIS to identify/resolve concerns and also for setting up of new MIS reports or to modify existing reports

- Design, execute & implement Customer Feedback Programs - incorporate feedback, develop Product Projections

- Customize offers and track performance of these offerings periodically

2 Product Profitability / Fee Income

- Periodical review of Product Profitability

- Fee Income - Monitor & review growth in fee income vis- vis targets

- Periodical monitoring and review of Interest expense

B. Qualifications and Experience Requirement

Qualifications :

Essential Post Graduate, Graduate,

Experience - Essential Retail Banking knowledge , Good analytical skill, excel, Powerpoint