Job Requirements
Role/ Job Title: Product Manager
Business: Wholesale Banking
Function/ Department : Securitised Products
Job Purpose :
• To play the central role between the Corporate Coverage team RH/SRM/RM and all the control function teams in order to facilitate the inorganic book / PSL book growth of the Bank through portfolio acquisition of retail loan portfolios.
• To interface with Compliance and Audit functions for providing a comprehensive & cohesive response to regulator queries and manage audits/inspections.
• To guide and assist in helping build Priority Sector Lending (PSL) Book through the use of Portfolio Buyouts.
• Be able to connect with ancilliary service providers like trustees, rating agencies, legal counsel to assist / co-ordinate for transaction closures, keep abreast of market developments, understand interpretations from the point of law etc.
• Core Business skills required:
o Positive knowledge of PSL criteria and practical applications of it will be a requisite.




o Positive understanding and knowledge of RBI Guidelines on Securitisation and Transfer of Loan Exposures to enable proper execution of transactions.
o Adequate understanding of retail assets and the related processes associated with the same. This will enable better engagement with RM's when executing transactions and also provide in-depth responses to the regulator/audits.
Roles & Responsibilities:
'1. Keep abreast of market developments, transaction structures happening in the market, industry volumes.
Annual updation of the product note and the SOP’s as per the Bank’s guidelines.
Monitor the existing portfolio performance and highlight triggers to the Coverage team as applicable.
Co od with all stakeholders in order to respond to RBI queries as may be sent from time to time and handle the annual inspection.
Assist the Coverage team in transaction closures by guiding them on the processes, compliances, norms etc. as may be required.
Supervise the ARM who manages the payou

📌 Product Manager Mumbai
🏢 IDFC FIRST Bank
📍 Mumbai