Assistant Vice Precident, Specialist, Product Manager (Commercial Cards), Small Medium Enterprises

DBS Bank·Mumbai·Onsite

Product ManagerFintech

Experience

Not specified

Employment

Full Time

Work mode

Onsite

Level

Product Manager

Location

Mumbai

Posted

4 days ago

About the role

Job Purpose

The Senior Product Manager for Commercial Cards will be responsible for strategic development in form of the build from scratch in terms of product, customer journey, technology, management, and growth of DBS's Commercial Cards product portfolio within the dynamic Indian market. This role involves driving product innovation, enhancing customer experience, ensuring market competitiveness, and achieving business objectives while adhering to Reserve Bank of India (RBI) guidelines. The ideal candidate will possess a deep understanding of the Indian commercial cards landscape, including emerging payment trends like UPI, strong analytical skills, and a proven track record in product lifecycle management within the Indian financial services industry.

Key Accountabilities

Product Strategy & Roadmap: Develop and execute a comprehensive product strategy and roadmap for Commercial Cards in India, aligning with the bank's overall business goals, market trends, and RBI's directives on card issuance and conduct of business.

Product Development & Enhancement: Lead the end-to-end product development lifecycle, from conceptualization and business case creation to launch and post-launch performance monitoring for new and enhanced commercial card products, considering specific Indian market needs and regulatory requirements. This includes features like online, NFC, and international transaction controls as per RBI mandates.

Market Competitiveness & Customer Experience:

What you'll bring

Rich experience in product management within the financial services industry in India, with significant experience specifically in Commercial Cards or Corporate Payments for an Indian private bank.
Proven track record of successfully launching and managing financial products throughout their lifecycle in the Indian market.
Demonstrated ability to drive business growth and profitability for a product portfolio, considering the competitive landscape and regulatory environment of Indian banking.
Experience in collaborating with cross-functional teams and managing stakeholder relationships, including interactions with payment networks like Visa, Mastercard, and RuPay in India.
Technical/Professional Knowledge And Experience
In-depth knowledge of commercial card products, Indian payment systems (e.g., RuPay, UPI), and industry best practices (e.g., Visa, Mastercard schemes) within India.
Strong understanding of corporate treasury needs, procure-to-pay processes, and working capital solutions relevant to Indian businesses.
Proficiency in data analysis tools and methodologies to interpret market trends and product performance in the Indian context.
Familiarity with regulatory frameworks and compliance requirements applicable to commercial card products in India, particularly RBI circulars and Master Directions.
Education / Preferred
Bachelor’s degree in business administration, Finance, Marketing, or a related field.
Master's degree or relevant professional certifications (e.g., Certified Product Manager, PMP) are a plus, especially those with a focus on the Indian financial market.