Job Title Senior Product Manager - Reconciliation

Experience Required 8 14 Years

Location Mumbai

Department Recon

Grade Senior Manager

Job Summary:

We are looking for an experienced, hands-on, and outcome-driven Senior Product

Manager – Reconciliation to own the vision, roadmap, and delivery of our reconciliation

product suite. This is a domain-heavy role: the ideal candidate has personally built, shaped,

or implemented reconciliation solutions across multiple real-world use cases and brings a

thorough, first-principles understanding of reconciliation – matching logic, exception

handling, break resolution, controls, and reporting – along with practical experience

deploying reconciliation platforms on cloud and on-premises. You will work closely with

engineering, implementation, operations, clients, and partner vendors to turn complex

reconciliation problems into scalable, configurable, straight-through product capabilities

Key Responsibilities:

1. Product Vision, Strategy, and Roadmap

• Own the product vision and multi-quarter roadmap for the reconciliation platform,

aligned to business goals, client demand, and regulatory requirements.

• Identify and prioritise reconciliation use cases (bank, payments, settlement, ledger, intercompany, fee and charge, loan and collections) and translate them into product

capabilities.

• Define the rules engine, matching, and exception-management strategy so new use

cases can be onboarded through configuration rather than custom development.

• Benchmark the product against market alternatives and define differentiators for

FinTech, BFSI, and enterprise customers.

2. Requirements, Design, and Specification

• Engage with clients, operations, finance, and implementation teams to capture

reconciliation requirements, data sources, cut-offs, tolerances, and control expectations.

• Write clear PRDs, functional specifications, user stories, and acceptance criteria

covering ingestion, normalisation, matching (1:1, 1:n, n:n, multi-leg), ageing, break

classification, write-off, and reporting.

JOB DESCRIPTION

• Define data models and canonical formats for bank statements (MT940, CAMT.053,

CSV/Excel), payment files (NACH, UPI, IMPS, NEFT/RTGS, card settlement), ERP/GL

extracts (SAP, Oracle, Tally), and partner reports.

• Design the exception workflow – ownership, SLAs, maker-checker, escalation, and audit

trail – together with dashboards and MIS for reconciliation operations and finance

leadership.

3. Delivery and Cross-Functional Execution

• Partner with engineering, QA, DevOps, and UI/UX to deliver releases on an agile

cadence; run backlog grooming, sprint planning, and release reviews.

• Act as the domain authority for the delivery team – resolve ambiguity in matching logic,

edge cases, and data-quality issues.

• Define and validate test scenarios and synthetic/anonymised test data for recon use

cases; sign off on UAT with clients and operations.





• Support implementation teams on client onboarding, rule configuration, and go-live; feed

learnings back into the product.

4. Deployment Architecture – Cloud and On-Premises

• Own the product requirements for deploying the reconciliation platform on public cloud

(AWS / Azure / GCP) and in on-premises or private-cloud client environments, including

bank data centres.

• Work with architecture and DevOps on containerised, multi-tenant, and single-tenant

deployment models; define configuration, environment, and release-packaging

standards.

• Define non-functional requirements – scalability for high transaction volumes, batch and

near-real-time processing windows, data residency, encryption, access control, backup

and DR.

• Address infosec, audit, and regulatory expectations (RBI, SEBI, SOC 2, ISO 27001 as

applicable) across both deployment models, including client security questionnaires and

VAPT findings.

5. Stakeholder and Client Management

• Serve as the product face to clients, banks, and partners for demos, solution

discussions, and executive reviews.

• Run regular roadmap reviews with leadership and present adoption, usage, and

business-impact metrics.

JOB DESCRIPTION

• Collaborate with sales and pre-sales on RFPs, solution proposals, effort estimation, and

commercial scoping of custom recon requirements.

• Manage relationships with external vendors and technology partners contributing to the

reconciliation and ETL stack.

6. Product Operations, Metrics, and Continuous Improvement

• Define and track product KPIs: auto-match rate, straight-through reconciliation rate,

break ageing, exception closure time, onboarding time per use case.

• Analyse unmatched and exception patterns to drive improvements in matching rules,

data quality, and automation (including AI/ML-assisted matching and agentic workflows).

• Maintain product documentation, release notes, training material, and knowledge base

for internal teams and clients.

• Conduct post-release and post-implementation reviews to capture lessons learned and

raise the bar for subsequent use cases.

Required Skills & Qualification:

• Bachelor’s degree in engineering, Computer Science, Finance, Commerce, or a related

field; MBA or CA/CFA is a plus.

• 8–14 years of overall experience with at least 5 years in product management,

solutioning, or delivery of reconciliation systems.

• Demonstrated ownership of multiple reconciliation use cases end to end – for example

bank reconciliation, payment gateway/aggregator settlement, UPI/NACH/card

settlement, nostro/vostro,



inter-company, ledger-to-sub-ledger, fee and charge, or loan

EMI/collections recon.

• Thorough understanding of reconciliation fundamentals: two-way and three-way

reconciliation, matching keys and tolerances, one-to-many and many-to-many matching,

timing differences, suspense and break management, ageing, write-offs, and period

close.

• Strong grasp of financial data flows – bank statement formats, payment rails and

settlement cycles (NPCI, card networks, aggregators), ERP/GL integrations (SAP,

Oracle, Tally), and accounting principles behind recon.

• Hands-on experience with reconciliation platforms or rules engines (commercial, opensource, or in-house) including rule configuration, data mapping, and exception

workflows.

• Proven experience shipping and supporting a product deployed both on cloud

(AWS/Azure/GCP) and on-premises; comfortable discussing containers, Kubernetes,

databases, batch schedulers, networking, and security with engineers.

JOB DESCRIPTION

• Working knowledge of SQL, data analysis, APIs, file-based integrations (SFTP,

MT940/CAMT, CSV/XML/JSON), and ETL/data pipelines.

• Robust PRD and specification writing, backlog management, and prioritisation skills;

proficient with JIRA, Confluence, Figma or similar.

• Excellent stakeholder management, communication, and presentation skills across

clients, operations, finance, and engineering.

• Analytical, detail-oriented, and solution-driven – able to decompose messy, high-volume

reconciliation problems into clear product requirements.

Certifications (Preferred but Not Mandatory)

• Certified Scrum Product Owner (CSPO) or SAFe Product Owner/Product Manager

(POPM)

• Pragmatic Institute / Product School product management certification

• AWS, Azure, or GCP cloud fundamentals or architecture certification

• PMP or PRINCE2 for delivery-heavy environments

Desirable Domain Experience

• Experience in FinTech, Payments, Banking, NBFC, Lending, or Insurance reconciliation

and treasury operations.

• Exposure to NACH, UPI Autopay, BBPS, NPCI, card networks, payment aggregators,

escrow and trustee accounts.

• Experience with SAP FI/CO or other ERP integration for straight-through reconciliation

and auto-posting.

• Familiarity with AI/ML-assisted matching, OCR/document parsing, and agentic

automation for reconciliation and exception handling.

• Experience in regulated environments with audit, compliance, and data-residency

requirements.

Why Join Us?

• Own a core reconciliation product processing high transaction volumes for leading

FinTech’s, banks, and enterprises.

• Work at the intersection of payments, banking infrastructure, and automation with

real impact on client finance operations.

• Fast-paced, innovation-driven environment with freedom to shape product direction.

JOB DESCRIPTION

• Career growth, learning budget, and certification support

📌 Senior Product Manager Reconciliation (Mumbai)
🏢 Manpowergroup Services India
📍 Mumbai