Job Title – Product Manager-Cash Management
Place of work – Mumbai
Business Unit – Wholesale Banking
Function – Transaction Banking Group
Job Purpose:
To develop, structure and customize Cash Management products/ services (Payments, Collections, Liquidity, Channels, etc) and to provide best in class solutions to clients. Develop new products according to changing customer needs & conduct research on new product development & market situation on a continuous basis.
Roles and Responsibilities:
Place of work – Mumbai
Business Unit – Wholesale Banking
Function – Transaction Banking Group
Job Purpose:
To develop, structure and customize Cash Management products/ services (Payments, Collections, Liquidity, Channels, etc) and to provide best in class solutions to clients. Develop new products according to changing customer needs & conduct research on new product development & market situation on a continuous basis.
Roles and Responsibilities:
- Finalization and management of FinTech/Vendor tie-ups with focus on achieving best in class product offerings.
- Liaise with regulatory bodies such as NPCI, RBI for smooth execution of transactions.
- Working with Regional Sales/Coverage heads for designing customized CMS solutions for sustained Current Account balances.
- Liaise with regulatory and internal audit teams and ensure nil regulatory/control deviations. Liaise with regulatory and internal audit teams and ensure nil regulatory/control deviations.
- Work with Product Head for Cost optimization and ensure profitability of CMS mandates. Benchmarking product offerings with competition and work on new-age technology to provide diffentiated CMS solutions.
- Focused efforts to increase digital foot-print by increasing BXP usage for CMS customers.
- Handling of day to day transaction approvals and issues across collection and payment products.
- Work closely with Ops and IT to ensure smooth execution of various product offerings.
- Work on system development initiatives and implementation. Process standardization and optimization along with Operations and other stakeholders.
- Focus on Retail/Business Banking segment and make necessary alterations in product to suit said segment.
Educational Qualifications:
Graduate – Any
Post Graduate- Any
Experience:
6+ years of experience
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