Job Requirements

Key Responsibilities
1. Product Lifecycle Management
Define and execute the product roadmap for retail FX and remittance services.
Drive product enhancements based on market trends, customer insights, and competitive analysis.
Ensure seamless integration of new features and digital capabilities.
2. Strategic Development & Optimization
Develop strategies to increase engagement, conversion, and transaction volumes.
Identify opportunities for process automation and cost optimization.
Implement initiatives to improve customer experience and reduce turnaround time.
3. Compliance & Risk Control
Ensure strict adherence to the RBI, FEMA. AML/KYC and other regulatory guidelines.
Conduct periodic compliance reviews and risk assessments.
Implement regulatory changes promptly in coordination with legal, risk and compliance teams.
4. Cross-Functional Collaboration
Work closely with Operations, Technology, BI, and Marketing to deliver innovative solutions.
Partner with external vendors and payment networks for product enhancements.
5. Performance Monitoring & Reporting




Track product performance against defined KPIs.
Prepare dashboards and reports for senior management with actionable insights.
Required Skills & Competencies:
Solid knowledge of retail FX and remittance products (Inward, Outward, Forward).
In-depth understanding of cross-border payment systems, RBI guidelines, FEMA regulations, AML/KYC norms.
Analytical and data-driven approach with ability to interpret BI dashboards.
Excellent communication, stakeholder management, and problem-solving skills.
Proficiency in MS Excel, PowerPoint; familiarity with digital payment platforms and APIs is a plus.
Qualifications & Experience:
Education
Graduate in Finance/Commerce/Economics; MBA / PGDM preferred
Strong knowledge of cross-border payment systems, RBI guidelines, FEMA regulations, AML/KYC norms.
Experience
Minimum3-5+ yearsof relevant experience in Retail FX, Remittances, or Product Management within the

📌 Product Manager-Retail FX/Remittances (Mumbai)
🏢 IDFC FIRST Bank
📍 Mumbai