Job Requirements

About the Role The Product Manager – Business Banking will be responsible for developing, managing, and enhancing the suite of products and services offered to small and medium-sized enterprises (SMEs). This role involves strategic planning, market analysis, cross-functional collaboration, and lifecycle management of business banking products. Based in Mumbai, the Product Manager will play a key role in driving innovation, ensuring regulatory compliance, and supporting revenue growth through customer-centric product development.

Key Responsibilities

Primary Responsibilities

- Develop and implement product strategies and roadmaps for the Business Banking segment.

- Conduct market research and analyze customer needs and industry trends in the SME space.

- Collaborate with cross-functional teams to design, launch, and enhance products.

- Manage the product lifecycle from ideation to launch, including pricing, positioning, and go-to-market strategies.

- Monitor product performance and make data-driven recommendations for improvements.

- Ensure products comply with regulatory requirements and maintain competitive advantage.

- Build and maintain relationships with key stakeholders including sales teams, customers, and partners.





Secondary Responsibilities

- Train and educate sales teams on product features and benefits to drive adoption and revenue.

- Conduct regular competitor analysis to identify market opportunities and threats.

- Develop and manage product budgets and forecasts.

What We Are Looking For

Education

- Graduation: Bachelor’s degree in business, Finance, or a related field (Full-Time)

- Postgraduation: MBA (Preferred)

Experience

- Minimum 4 years of experience in product management, preferably in banking or financial services.

- Proven track record of successfully launching and managing business banking products.

Skills and Attributes

- Strong understanding of the SME market and business lending products.

- Excellent analytical and problem-solving skills.

- Robust project management and organizational capabilities.

- Ability to work independently and collaboratively across teams.

- Effective interpersonal skills.

- Proficiency in Microsoft Office and data analysis tools.

- Knowledge of regulatory requirements for banking products is a plus.

- Fluent in English with strong business communication skills.

📌 Product Manager-Business Banking (Mumbai)
🏢 IDFC FIRST Bank
📍 Mumbai