Vice President, Product Management Business Loans

Job description

**Role & responsibilities** : **Product Strategy & Definition (Business Loans):** - Define the strategy and roadmap for business loan products, aligning with overall business objectives. - Identify target segments for business loans, including micro and small enterprises, and develop compelling value propositions. - Conduct market research, including analysis of competitor business loan offerings and government-backed schemes like Mudra loans, to inform product positioning and strategy. - Develop and implement pricing strategies for business loan products to optimize sales volume and profitability. - Create business cases for new business loan product proposals, securing internal approvals. **2. Collaboration with Credit Risk:** - Partner with credit risk teams to define and refine underwriting policies and processes for business loans, balancing risk and market competitiveness, with specific attention to Mudra loan guidelines. - Integrate credit risk considerations into all stages of business loan product development. - Contribute to underwriting strategies across the business loan portfolio, including specific sub-segments for Mudra loan beneficiaries. **3. Partnership with Platforms & Technology Teams:** - Work with platform teams to define system requirements for business loan products, ensuring successful setup and integration. - Drive process improvements and collaborate with technology teams to maintain a business loan product roadmap aligned with corporate objectives. **4. Go-to-Market & Performance Management:** - Develop and deliver go-to-market launch plans for business loan products. - Monitor and improve the performance of business loan products, including volume, revenue, and profit forecasts. Gather customer feedback to inform continuous product enhancement. **Preferred candidate profile** Product for Business Loans will manage the complete lifecycle of our business loan products, ensuring profitable growth and market adoption. This role requires a professional with a deep understanding of market dynamics, customer needs, and financial acumen to define product strategy, oversee development, and ensure successful market integration. A key focus will be on government-backed loan schemes, particularly Mudra loans. The role will collaborate extensively with Credit Risk, Platforms, Marketing, Sales, and Operations teams to deliver innovative and customer-centric business loan solutions. **Qualifications** - Masters degree in business management, finance, or a related field. - Proven experience in product management within business loans, including strategy definition, pricing, and market launch. - Strong understanding of credit risk considerations and underwriting policies specific to business loans. - Demonstrated in-depth knowledge of government-backed loan schemes, with a particular emphasis on Mudra loans. - Experience collaborating with technology and platform teams for system setup and integration. - Excellent communication, interpersonal, and influential skills. Strong analytical and problem-solving abilities