Role: Product Manager: Escrow (Corporate Banking)
Preferred Grade: AVP/DVP
Purpose: Escrow/Nodal, TRA, Product Management and Commercialisation
Location: Lower Parel
Required Qualification: MBA
Required Experience: Minimum 5 years Relevant Experience
Stakeholders: Corporate Banking, Retail Banking, IT, Compliance, Risk and Ops
Required Competencies: Technical Must have sound knowledge of Escrow, RERA, TRA account processes
Required Competencies Behavioural: Driving and creating awareness on various products across the business team(s). Improvement in existing products and processes
Job Description
- New Escrow account product and process development as per
- Business requirement and implementation.
- Ensuring UAT, building system capability and roll out.
- Should have sound knowledge on Escrow/TRA accounts and operational flows
- Aware about both Physical and digital processes, onboarding and servicing of Escrow customers
- Responsible for activities related to the development of new products and/or functionality of products including product enhancements, innovation, etc based on market research and trends complying with regulatory guidelines
- Contribution to Banks growth through Fee and Balance from the product owned
- Prepare product note, SOPs, form, annexures , formats, etc
- Should be able to automate manual process and build system and application level controls for processing Escrow/TRA transactions
- MIS, Dashboard and Presentation to Management