Bharat Banking:Product Head - Gold Loans

Bharat Banking: Product Head - Gold Loan
INTERNAL USAGE:
No. of Vacancies:Reports to:Business Head - Gold Loans
Is a Team leaderYesTeam Size:8

Grade:SVP - 1
Business:Rural LendingDepartment: Bharat BankingSub-Department:Gold Loan
Location:Airoli, Mumbai
About Bharat Banking
The increasing income diversification, evolution of the tech stack, various government schemes to improve livelihoods, and integrating the country via roads and the internet have provided strong tailwinds to the rural and semi urban (RUSU) or Bharat markets.

To better capitalize on the growth runway and open the world of possibilities for the Bharat customer, the bank has set up a separate Bharat Bank vertical. It is an amalgamation of products and geography, handling certain core products across the country and all the products in the RUSU branches.

The objective is to accelerate the growth journey by expanding distribution reach via branches, partnerships, and digital presence, creating tailored products and processes, and using the One Axis strategy to harness synergies in all parts of the Bank to deliver to the Bharat customer.

The Bank also continues to focus on growing the book profitably by enhancing productivity, improving operational efficiency to reduce cost, and containing risk by leveraging technology such as AI and ML & rigorous portfolio monitoring.

With a customer-centric view, Bharat Banking wants to create a multi-channel distribution and penetrate deeper into the market to provide access to quality financial services and unlock its true potential to significantly improve the lives of our consumers.
About the Role
The Product Head will have key relationships with Central operation team, Credit team, Policy team, Collection team, IT team, FCU Team and BIU and drive various initiatives and product life cycle
Key Responsibilities
1.To manage gold loan product portfolio and various core and non-core product activities
2.To manage new product initiatives and product life cycle
3.To manage various drive at central office wrt campaign, contest.
4.To manage operational processes at central office and support field team.
5.To manage cross functional activities and liaise with compliance, operation, credit for smooth functioning of product.
6.To manage CMC and new product launch, change in current processes.
7.To manage digital initiative and product journey
8.To manage P&L and increase product profitability

Qualifications
.Post Graduation or Qualified CA/CS
Role Proficiencies:
.Project delivery within time frame
.To support field team through timely solutions and product changes
.Strong analytical and problem solving skills
.Excellent drafting and understanding of regulatory guidelines
.Complete knowledge and understanding of various compliance and audit guidelines
.Proven work experience in product, analytics, compliance and audit
.Solid Relationship Building Skills with expertise in dealing with multiple departments
.Strong problem solving skills and willingness to roll up one's sleeves to get the job done
.Skilled at working effectively with cross functional teams in a matrix organization
.Excellent written and verbal communication skills