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.
1. 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.

- 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.

1. 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.

1. 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.
1. 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.

- 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.

1. 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.

- 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.

- Career growth, learning budget, and certification support

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