Product Manager

Company Overview

Not specified.

Job Summary

We are seeking an experienced Product Manager with a strong background in Credit and Risk within the Banking, Financial Services, and Insurance (BFSI) domain. This role is pivotal in leading AI-driven product development initiatives that transform credit evaluation, risk monitoring, and portfolio management across financial institutions, particularly in the Non-Banking Financial Company (NBFC) and banking sectors.

Responsibilities

• Product Strategy & Vision

  • Define the product roadmap for AI-led BFSI solutions aligned with the business goals of NBFCs, banks, and financial institutions.
  • Translate domain pain points into scalable AI and analytics product features.
  • Collaborate with leadership to identify market gaps and create differentiated value propositions.

• Product Design & Development

  • Work with data science and engineering teams to design AI/ML models.
  • Convert business use cases into functional and technical product requirements.

• Domain & Functional Ownership

  • Leverage credit and risk expertise to shape model logic, parameter design, and validation approaches.
  • Collaborate with business heads to ensure regulatory alignment.
  • Act as the functional bridge between domain teams and technical teams.

• Stakeholder & Client Engagement

  • Engage with NBFCs, banks, mutual funds, and other BFSI partners and clients to understand evolving needs and translate them into actionable product features.
  • Conduct product demos, gather feedback, and translate insights into product iterations.

Qualifications

• Functional Expertise / Product Management:

  • Minimum 10+ years of domain and product expertise in corporate/enterprise lending (not retail or consumer credit).
  • Strong understanding of underwriting, rating, portfolio monitoring, covenants, and regulatory frameworks.
  • Proven experience in conceptualizing, designing, and delivering digital or AI-driven financial products.
  • Strong capability to document workflows, business logic, and requirements.

• Tech / Data (Optional):

  • Understanding of AI/ML applications in credit risk, compliance, or analytics.
  • Exposure to APIs, dashboards, and fintech ecosystems.
  • Ability to work with data scientists and translate domain problems into use cases.

• Soft Skills:

  • Strong analytical and problem-solving mindset.
  • Excellent communication skills, able to interface with CXOs and technical teams.
  • Execution-driven and structured thinker, comfortable with ambiguity in AI product development.

• Educational Background:

  • MBA (Finance) or equivalent from a reputed institution.

Preferred Skills

• Experience with regulatory frameworks related to credit and risk management.
• Familiarity with agile product development methodologies.

Experience

• 10+ years of relevant experience in credit, risk, and product management within the BFSI sector, specifically with a focus on corporate and enterprise lending.

Environment

The role is based in Mumbai, specifically within the BFSI sector, which may involve engagements with clients and stakeholders from various financial institutions.

Salary

Not specified.

Growth Opportunities

Not specified.

Benefits

Not specified.