The job You will be responsible building remittance product for NIPL including the planning and implementation of product strategies for UPI-Cross Border Remittances product globally for NIPL. You will also support the Head of Product Management in identifying, investigating and assessing growth opportunities for NIPL relating to product development. This role requires specialized experience in Remittances including knowledge of FEMA and RBI regulations.
What youll do Analysis/Insights
- Research and Assessment on country specific centralized domestic remittances as well as cross border remittances
- Competitor Profiling -assessment of the strengths and weaknesses of current and potential competitors.
- Develop business cases, taking into strategy, financial & business analysis and synergies
- Identify need for, procure and manage outside knowledge on as needed basis
- Dive deeply into priority initiatives across many domains and partner with relevant internal/ external groups to ensure executional excellence
Product Development :
• Create and deliver a business model for UPI Cross Border Remittances product as well as ensure a competitive LRS and Retail FX product proposition.
• You will own the remittance product roadmap execution/delivery and help us accelerate our growth into current markets.
• Create business requirement document as well as define and document business and operational processes, audit system changes, support governance and fraud operations. Ensure a robust process creation and execution to ensure risk controls of all types
• Create and deliver competitive proposition across sales process tools, systems
• Ensure creation of product documents and operating rules and regulations for the clients
• Internal engagement across Compliance, Risk, Operations, Finance and Business teams.
The position will work closely with various departments and vendors to maintain best in class Remittance product and drive optimization in t