Vice President, Product Management Business Loans, Consumer Banking Group

Job Pupose:

The Vice President, Product for Business Loans will manage the complete lifecycle of our business loan products, ensuring profitable growth and market adoption. This role requires a professional with a deep understanding of market dynamics, customer needs, and financial acumen to define product strategy, oversee development, and ensure successful market integration. A key focus will be on government-backed loan schemes, particularly Mudra loans. The role will collaborate extensively with Credit Risk, Platforms, Marketing, Sales, and Operations teams to deliver innovative and customer-centric business loan solutions.

1. Product Strategy & Definition (Business Loans):

• Define the strategy and roadmap for business loan products, aligning with overall business objectives.


• Identify target segments for business loans, including micro and small enterprises, and develop compelling value propositions.


• Conduct market research, including analysis of competitor business loan offerings and government-backed schemes like Mudra loans, to inform product positioning and strategy.


• Develop and implement pricing strategies for business loan products to optimize sales volume and profitability.


• Create business cases for new business loan product proposals, securing internal approvals.

• Partner with credit risk teams to define and refine underwriting policies and processes for business loans, balancing risk and market competitiveness, with specific attention to Mudra loan guidelines.


• Integrate credit risk considerations into all stages of business loan product development.


• Contribute to underwriting strategies across the business loan portfolio, including specific sub-segments for Mudra loan beneficiaries.

• Work with platform teams to define system requirements for business loan products, ensuring successful setup and integration.


• Drive process improvements and collaborate with technology teams to maintain a business loan product roadmap aligned with corporate objectives.

• Develop and deliver go-to-market launch plans for business loan products.


• Monitor and improve the performance of business loan products, including volume, revenue, and profit forecasts.


• Gather customer feedback to inform continuous product enhancement.

• Masters degree in business management, finance, or a related field.


• Proven experience in product management within business loans, including strategy definition, pricing, and market launch.


• Strong understanding of credit risk considerations and underwriting policies specific to business loans.


• Demonstrated in-depth knowledge of government-backed loan schemes, with a particular emphasis on Mudra loans.


• Experience collaborating with technology and platform teams for system setup and integration.


• Excellent communication, interpersonal, and influential skills.


• Strong analytical and problem-solving abilities.

• Drive performance through Value Based Propositions


• Build pride and passion to protect, maintain and enhance DBS’ image and reputation


• Enhance knowledge base, build skill sets & develop competencies


• Invest in team building & motivation through ideation & innovation


• Execute at speed while maintaining error free operations


• Develop a passion for performance and grow the talent pool


• Maintain the highest standards of honesty and integrity

Regional Office Mumbai

Product Management

Regular

Full time