Product Manager-Consumer Durables-Product
Kotak Mahindra Bank
4 - 6 years
Chennai
Posted: 02/05/2025
Job Description
Product Manager – Cross Sales
Department | KMBL – Retail Assets |
Reporting Relationship | Reporting to Lead Product Manager
Will have a Team member reporting |
Position Grade | M4 - M6 |
- Develop a comprehensive product strategy, market positioning, target segments, and competitive differentiation
· Handle core product responsibilities like pricing, regulatory and compliance aspect, process and product notes
· Conduct market research and competitive analysis to identify customer needs, market trends, and opportunities for product enhancements or new product offerings
· Collaborate with stakeholders to prioritize features and functionalities based on customer feedback, market demand, and business objectives
· Product P&L and Lifecycle Management
· Monitor and analyse product performance metrics, such as revenue, profitability, customer acquisition, and retention, and develop strategies to scale the product profitably and optimize results
· Work closely with national distribution and marketing teams to develop effective go-to-market strategies, pricing models, and promotional campaigns
· Ensure compliance with all relevant regulatory requirements and industry best practices for the product
- Product Managers are responsible for streamlining processes and systems so that life becomes easy for the frontline teams.
- Data Analysis- throwing insights to the channel on various aspects, driving data funnels to the channel.
- Creating Training Programs, ensuring Marketing materials available locally, liaison with Product Teams to develop region specific / product specific tweaking if required.
- Working with & driving Channel Managers to ensure Branch Activation, RM Activation, Data upload, type of data, feedback on data, campaigns.
- Driving fuel to create lead funnel
- Will partake in new/ongoing Projects revolving around enlarging growth of Retail Assets business
- Responsible for devising Strategy for each Product Growth in various channels
Qualification:
- MBA and/or Professional Degree preferred
- Graduation is mandatory
Job Knowledge and experience –
- Should have at least 4-6 years of experience in Product/program management
- Should be able to drive and work with a Team reporting
About Company
Kotak Mahindra Bank is one of India's leading private sector banks, offering a wide range of financial services including personal banking, corporate banking, investment banking, insurance, and asset management. Established in 1985 and headquartered in Mumbai, it is known for its innovative banking solutions, customer-centric approach, and strong focus on digital transformation. The bank caters to diverse customer segments, from individuals to large corporations, emphasizing trust, transparency, and growth.
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