Position Details

Position Title: AVP Product (ConsumptionLoans)

Location: Delhi, India

Work Mode: Work from Office (5 Days aWeek)

Experience Required: 8-10 Years

Industry: Lending / NBFC / Fintech (IndianRegulatory Context)

Role Overview

DMIFinance is looking for a highly analytical and execution-focused AVP Product to be part of our Consumption Loan (CL) product team. The incumbent will beresponsible for end-to-end product ownership, including strategy formulation,partner integrations, risk alignment, regulatory compliance, and performanceoptimization.

Deep expertise in Consumer Durable Loans, with strong understanding ofend-to-end customer journeys including merchant onboarding, consumption loanproduct construct, subvention/CIB schemes working, credit underwriting, loanorigination, disbursement, EMI servicing, collections, and loan closureprocesses.

Hands-on experience working with ecosystem partners including online merchants,OEMs, retailer networks, payment gateways, lending service providers (LSPs),bureaus, and digital KYC providers, with a explicit understanding of point-of-saleconsumer durable financing, embedded lending journeys, and regulatorycompliance requirements.

Strong familiarity with operational, credit, fraud, and portfoliomanagement nuances across the Indian consumer lending ecosystem.

KeyResponsibilities

Defineand drive the product strategy and roadmap for the Consumer Durable Loansportfolio.

Designand optimize customer acquisition journeys across online, offline, andmerchant-assisted channels.





Leadintegrations and operational alignment with merchant partners, OEMs, onlineE-commerce platforms, payment gateways, credit bureaus, eKYC providers, AccountAggregators, and lending technology platforms.

Buildand manage loan origination, approval, disbursement and EMI servicing flows

Monitorportfolio performance including disbursals, approval rates, conversion rates,delinquency trends, NPAs, collection efficiency, and profitability metrics.

Collaborateclosely with Risk, Legal, Compliance, Technology, Operations, Collections, andBusiness teams to ensure seamless execution and adherence to RBI regulations.

Preparedetailed Product Requirement Documents (PRDs), Business Requirement Documents(BRDs), and oversee UAT and go-live processes.

Continuouslyidentify process improvements to enhance customer experience, reduce turnaroundtime (TAT), improve merchant satisfaction, and strengthen risk controls.

Driveproduct innovations such as zero-cost EMI, subvention programs, embeddedfinance solutions, and pre-approved loan offerings.

RequiredQualifications & Experience

MBAor equivalent postgraduate qualification from a reputed institution.

8-10years of product management experience in Banking,



NBFC, Fintech, or ConsumerFinance organizations within the Indian lending ecosystem.

Mandatoryhands-on experience in Consumer Durable Loans, Point-of-Sale (POS) Financing,Online checkout financing.

Strongunderstanding of digital onboarding, bureau integrations, eKYC, underwritingsystems, and loan management systems (LMS).

Experiencemanaging merchant financing ecosystems and retail distribution partnerships.

Soundknowledge of RBI regulations applicable to retail lending, digital lendingguidelines, and consumer finance products.

Experienceworking with Account Aggregator framework, alternative data sources, orembedded finance platforms is a plus.

Stronganalytical capabilities with a structured and detail-oriented approach.

Provenability to manage cross-functional stakeholders and drive execution in aregulated environment.

Core Competencies

Strategicthinking with strong execution orientation.

Highownership and accountability.

Abilityto balance growth objectives with prudent credit risk management.

Strongcommunication and stakeholder management skills.

Data-drivendecision-making and problem-solving abilities.

Abilityto operate effectively in a fast-paced and performance-driven environment.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Assistant Vice President (Delhi)
🏢 DMI Finance
📍 Delhi