Job Description

:Product Manager - CMS, Wholesale BankingTransaction Banking Group Cash Management Services
Location Mumbai
Number of Positions 1
Reporting Relationships DVP
Position Grade Senior Manager/Chief ManagerGlobal Transaction Services Group is the Product & Product Sales function that provides product expertise to the various segments of Kotak Bank, spanning Consumer Bank, Commercial Bank and Wholesale Banking divisions. Products range from to cash management (payment & collections solutions, escrow services & dividend business) to trade finance (import services, export services, funded & non-funded products, forex remittances and structured trade transactions).

• Product Management for Physical and Digital Collection products ; managing P&L, maintaining product roadmap, driving sales, creating go-to-market strategies, product marketing, fintech tie ups and managing risks
• Competition benchmarking, scouting Fintech ecosystem and remaining updated with emerging trends in banking industry, to conceptualize executable ideas and present it to management for their buy-in
• Identify and evaluate third party digital/fintech solutions for digital collections for launching new collection product lines for the bank
• Gain a deep understanding of customer experience, identify and fill product gaps and generate new ideas that grow market share, improve customer experience and drive growth
• Create buy-in for the product vision both internally and with key external partners
• Develop product pricing and positioning strategies
• Translate product strategy into detailed requirements and prototypes
• Scope and prioritize activities based on business and customer impact
• Work closely with engineering teams to deliver with quick time-to-market and optimal resources
• Drive product launches including working with public relations team, executives, and other product management team members
• Evaluate promotional plans to ensure that they are consistent with product line strategy and that the message is effectively conveyed
• Act as a product evangelist to build awareness and understanding
• Represent the company by visiting customers to solicit feedback on company products and services
• Spot opportunities in the market, along with the relationship team, to target companies, industries and sectors and sell suitable product offering for them
• Interaction with potential customers to understand the technical requirement for system integration for TBG products / services
• Structure transactions, win the mandate and assist team in formulating transaction pricing to ensure revenue commensurate with risks and administrative efforts
• Ensure desired penetration of the product in the market by the relationship team by providing marketing support, visibility campaigns and brand presence

• Knowledge in payables and receivable management is preferred.
• Preferably 2-4 years of post MBA experience in product management
• Strong problem solving skills and willingness to roll up one\'s sleeves to get the job
• Skilled at working effectively with cross functional teams in a matrix organization
• Excellent written and verbal communication skills
• Preferably a B-Tech and preferably MBA Degree

Kotak Mahindra Bank