DescriptionJob summary:
As the TS Product Manager (ED/VP Level) you will be responsible for managing the India DomesticCore & Emerging Payment Rails including Payments/Receivables/Channels/Value added services for JPM Indias corporate clients across various market segments including the large Local corporate subsidiaries of Multinational Corporate relationships across the globe and Non-Banking Financial Institutions (NBFI). You will serve as the voice of the market guiding product evolution & growth engaging with multiple local and regional as well as industry stakeholders.
Job responsibilities:
Business Ownership
- Be on top of business drivers & Revenues
- Articulate & execute against market opportunities with proper prioritization of expansion/evolution/modernization of domestic payment products
- Own the local go to market strategy ensuring market readiness of product releases and accounting for product commercialization.
- Have the ability to present Transaction Services capability/roadmap/vision for Senior Management
New Products and Projects Delivery
- Have the ability to manage multiple projects and getting the right mix of application design and technology to deliver the product within timelines
- Work with local and regional stakeholders for Product approvals/Change Managements
- Work with regional product and technology for prioritization and planning for product enhancements
- Identify strategic partnerships with Fintechs/partner banks and work towards onboarding of new partners
- Have the ability to prepare clear Business Requirements documentation and system design development and implementation
- Have the ability to innovate and come up with tactical solutions that can help reduce time to market
- Work with local technology partners on bespoke solutions for clients
Partnership with Sales/Relationship teams
- Participate in key client pitches in partnership with the Relationship and Sales team
- Have an ability to prepare compelling pitch books for client presentations with the knowledge of TS capabilities
Operations & Network management
- Have the ability to review Standard Operating Procedures to ascertain they meet the Product requirements
- Work closely with Partner Banks and Vendors for day to day delivery
- Undertake assessments of payment system memberships
Track Regulatory and Market developments
- Track all Regulatory circulars/announcements and evaluate impact to Product/processes
- Maintain harmonious relationships with key regulators/clearing house and advocate future looking updates/client use cases
- Ensure stringent compliance with all rules and regulations impacting the product portfolio
- Track market developments and conduct peer bank benchmarking to help in planning future product roadmap
Liaise with Legal team to design/modify client Agreements; Own all product related communications sent to Customers
Work closely with Onboarding team to ensure seamless implementation of major/critical mandates
Stakeholder management
- Liaise with various Regional/Global teams and act as a Subject Matter Expert for India capabilities
- Partner Control teams to ensure Product/operations/Technology are well aligned on an ongoing basis
- Build and maintain relationships with key partners/stakeholders for Build & Commercialization of TS products
Required qualifications capabilities and skills:
- Sound understanding of Payment rails in India NEFT/RTGS/NACH/Cheques as well as IMPS/UPI
Preferred qualifications capabilities and skills:
- Prior experience in Transaction Banking Product/Techno-functional roles with track record of working oncomplex projects preferred