Product Manager-PLP (Performance Linked Pay) (Mumbai)

Product Manager-PLP (Performance Linked Pay) (Mumbai)

04 Aug
|
HDFC Bank
|
Mumbai

04 Aug

HDFC Bank

Mumbai

Job Purpose

To manage Performance Linked Payout for Relationship Managers, Sales Officers and off-role staffs that is required to be executed timely and with accurate management at Pan India level across the Transportation and Infrastructure Finance Group.

Experience Required

- Minimum experience in years 4 to 5 years
- Exposure to asset business / banking / finance industry preferred

Role & responsibilities

Performance Linked Pay

(RM, SO, HBL Staffs)

- Preparing and obtaining signoff on various product specific performance linked pay for front line staff (RM, SO, HBL) for the region
- Coordinating with various internal stakeholders (ops, credit, BIU, finance etc.) to ensure timely release of performance linked pay
- Preparing deviation note/mail with justification for exceptions and arrears and obtain requisite approval from relevant authorities for release of payouts.
- Ensuring necessary changes in system for automation of the process of performance linked pay for HBL/SO/RM under Transportation Finance.
- Maintaining the master report for performance linked pay for senior management review.

Digital Integration

- System/Processes Automation and Digital Initiatives for current manual actionable




- Process improvements and enhancement of existing systems
- Take business feedback and device user friendly modules

Qualitative & Others

- Process improvement, modification, drive innovation in coordination with support teams OPS, payout, IT, etc.
- Senior Management reporting.
- Providing Administrative support to the team, Handling exceptions and escalations
- To Monitor, review, streamline and innovate the processes on continuous basis.
- To recommend corrective actions and drive required actionables with the team to meet the management objectives for the vertical.

Stakeholder Management

- Coordination with respective stake holders like Sales team, Central MIS, OPS, Payout, etc.
- Liase with IT, BTG for process automation and any other technical support.

Educational Qualifications

Graduation / Post-Graduation

Key Skills

- Excellent Interpersonal and Communication Skills
- Drafting and written communication skills
- Planning and Organizing Skills, Ability to Multitask
- Banking Product & Process Knowledge
- Data mining and analytics

📌 Product Manager-PLP (Performance Linked Pay) (Mumbai)
🏢 HDFC Bank
📍 Mumbai

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