Product Manager - Trade Technology - Bank

Company: A leading private sector bank

Role: Product Manager - Trade Technology

Location: Mumbai

Key result areas:

- Drive commercial banking digital businesses (trade products) for bank's domestic and overseas branches/subsidiaries. Commercial banking business currently focuses on working capital related facilities for clients - mainly letters of credit, guarantees, trade loans, remittances, etc.

- Main activities would include analysis and review of market opportunities with primary focus on digital products across the country.

- This would require basic understanding of trade products, and working knowledge of technological products, system development and testing needs.

- Understanding of letters of credit, guarantees, cross border remittances is a key requirement

Key responsibilities include - 

- Drive overall technology product adoption for commercial banking clients

- Develop business plans specific to technology products that will encompass market analysis, product definition, competitive landscape and revenue strategy

- Co-ordinate with relationship teams domestic and at overseas locations to scope out opportunities, identify and execute new areas of digital product requirements

- Create Business Requirement specifications (BRS) for taking up technology product development efforts

- Coordinate with development teams within the Bank and also system vendors to ensure quick development efforts

- Prepare comprehensive test cases and scenarios for testing the products developed

- Undertake User Acceptance Testing (UAT) for cases

- Prepare training material and ensure sales teams are made aware of new products

- Meet clients to enhance client on-boarding efforts

- Handle senior management presentations towards product specific strategy

Key skills

- Basic knowledge and awareness of trade finance products, UCP, ISP, ISBP, URR

- Working knowledge of technologies and messaging (XML, JSON) protocols

- Adept at working with spreadsheets including data analysis

- Good interpersonal skills - ability to coordinate as well as drive results telephonically across geographies

- Good presentation skills

- Basic market knowledge of key competition in the market and individual strengths in product offerings across banks