Job Requirements
Role/ Job Title: Product Manager-Cash Management
Function/ Department: Wholesale Banking
Job Purpose:
To develop, structure and customize Escrow Service Deals alongside provide advisory services in line with internal processes and regulatory guidelines. Develop current products according to changing customer needs & conduct research on new product development & market with regards to Escrow Product & Services
Job Responsibilities:
Working with Regional Sales/Coverage heads& Legal/Compliance teams internally for designing customized Escrow related deals (incl. CMS solutions) for sustained Escrow Account fee income and balances.
Liaise with regulatory and internal audit teams and ensure nil regulatory/control deviations.
Work with Product Lead & Product Head for Cost optimization and ensure profitability of Escrow mandates.




Benchmarking product offerings with competition and work on new-age technology to provide differentiated Escrow solutions, focused efforts to increase digital footprint by increasing CIB usage for CMS/Escrow customers.
Handling of day-to-day transaction approvals and issues across collection and payment products.
Work closely with Ops and IT to ensure smooth execution of various product offerings.
Work on system development initiatives and implementation.
Process standardization and optimization along with Operations and other stakeholders.
Cost saves, achieve product profitability in line with defined KPI/KRA and objectives.
Educational Qualification:
Graduation - Any Graduate
Post Graduation - Any postgraduate
Experience: Minimum 4+ years of experience in handling Escrow product

📌 Product Manager-Cash Management (Mumbai)
🏢 IDFC FIRST Bank
📍 Mumbai