Designation: Chief Manager Prime Mortgages L6M

Department: Prime Mortgages - Product

Reporting To: Product Head

Role Purpose -

To drive the end-to-end product lifecycle of Home Loan products, including product design, pricing, policy enhancements, customer experience, portfolio growth, profitability, digital transformation, and market competitiveness. The role will focus on building customer-centric mortgage solutions that support business growth while balancing risk and regulatory requirements.

Key Responsibilities -

1. Product Strategy & Development -

- Identify market opportunities and customer needs through research and on ground connections
- Design creative product propositions to improve acquisition and retention
- Define product roadmap aligned with business objectives
- Prepare management dashboards and board presentations
- Coordinate with cross functional teams for project delivery Sales, Credit, Risk, Operations, Technology, Compliance & marketing
- Drive new product launches and implementation initiatives

2. Portfolio Growth & Profitability -

- Monitor portfolio performance, profitability, yield, and spreads
- Recommend pricing strategies considering competition, cost of funds, and risk
- Improve customer lifetime value through cross-sell and upsell initiatives

3. Policy & Process Management -

- Work with Credit and Risk teams to enhance underwriting policies




- Introduce policy changes to improve approvals without compromising asset quality
- Simplify customer journeys and reduce turnaround time (TAT)
- Drive straight-through processing and digital onboarding initiatives

4. Digital & Technology Initiatives -

- Partner with Technology teams for:
- LOS (Loan Origination System) enhancements
- Digital sourcing journeys
- API integrations
- E-KYC and digital documentation
- AI-based eligibility and underwriting solutions
- Lead automation initiatives to improve operational efficiency

Desired Qualifications -

- MBA from a reputed institution/ CA

Experience -

- 8-10 years in Home Loans, Mortgage, Retail Assets, Product Management, Strategy, or Business Management

Functional Competencies -

- Home Loan Product Management
- Mortgage Industry Knowledge
- Pricing & Profitability Management
- Business Analytics
- Market Benchmarking
- Understanding of policy & underwriting
- Regulatory framework management

Role: Lending - Other, Industry Type: NBFC, Department: BFSI, Investments & Trading, Employment Type: Full Time, Permanent Role Category: Lending Education PG: MBA/PGDM in Any Specialization, CA in Any Specialization Key Skills Skills highlighted with ‘‘ are preferred keyskills Mortgage LoansHome LoansProduct Operations Loan against PropertyHousing LoanLOSLMSProduct Life CycleFinnone

📌 Product Manager (Mumbai)
🏢 Mahindra Finance
📍 Mumbai