Manager-Portfolio Data Analytics

IDFC FIRST Bank


Date: 4 days ago
City: Mumbai, Maharashtra
Contract type: Full time
Job Requirements

Role/Job Title: Manager-Portfolio Data Analytics

Function/ Department: Wealth, Retail Banking

Job Purpose

The role holder has the responsibility to own and drive the product life cycle (for Investment Products) from high level concept to design to delivery and beyond. It entails aligning business and technical components to deliver banking needs to the customers in the most cost efficient and technology effective manner. It includes managing teams, systems, process and culture amenable to the scale and ensuring consistency of delivery. Role will closely collaborate with Retail team - Product, Operations, Sales, Policies, Compliance for same. This role encapsulates the responsibility of providing a seamless and fulfilling customer experience and ensuring IDFC First becomes the primary bank for all banking needs.

Roles & Responsibilities

Primary Responsibilities

  • Create on new product specifications basis inputs received from customers, ideation posts
  • Manage product life cycle - Customer segmentation and assessment of their needs
  • Responsible for preparing and obtaining business case documents for distribution and internal approvals
  • Improve the performance & quality of portfolio through regular monitoring and providing recommendations for course correction to the Product and Sales teams
  • Work with pricing actuaries for obtaining competitive new product pricing within pricing benchmarks
  • Work with unstructured data to arrive at key insights to drive product mix and sales initiatives through new concept development, training, product advocacy and field management support
  • Be ready with solutions for complex system workarounds and ensure readiness before launch
  • Create quarterly themes in collaboration with Marketing and distribution to energize distribution and improve case size
  • Monitor program sales and profitability against targets and adjust approach when necessary
  • Assure adherence to the guidelines set by the bank
  • Ensure bank meets the audit, compliance & regulatory requirement
  • Gather latest Market intelligence and track and benchmark against best practices in competitor banks

Secondary Responsibilities

  • Recommend process changes in order to improve service efficiency and quality across the assigned area
  • Recommend improvements to processes and policies across the Retail Banking business to drive operational efficiencies and high quality customer service
  • Leverage in-house synergies through collaboration with internal stakeholders

Education

Postgraduate - Any

Experience

5-10 years of relevant work experience
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