Product Manager-Credit Cards

Job Requirements

Job Requirements

Role/ Job Title: Product Manager Credit Cards

Function/ Department: Credit Card

Job Purpose

This position will be responsible for ensuring process adherence to regulatory frameworks applicable to the Business, along with being the Business SPOC for internal and external audits.

Roles & Responsibilities

Staying abreast of relevant changes to rules/regulations and other industry news including regulatory findings

Responsible for tracking the most current applicable regulations that affect credit card business, industry and ensuring business complies with the regulations

Ensure adherence to policies, internal control/audit requirements and service standards

Manage entire lifecycle of regulatory change via interfacing with compliance, operations, technology etc

Interface with Bank Compliance teams for CC representations

Conduct self-testing of RBI guidelines applicable for credit card to ascertain compliance to the guidelines.

Implement requirements emanating from various regulations to ensure compliance

Handling and Co-ordinating with the product teams for internal and external audit requirements and queries

Preparing the Data and sharing the data for all the audit requirement such as Internal, Statutory or RBI Audits.

Drafting and sharing response for the observations received during the audit.

Follow up with various stakeholder to ensure audit observation are closed as per timeline given to Auditors.

Maintain a record of all the SOPs and approvals related to the business along with regular reviews at prescribed intervals.

Responsible for reviewing & updating Risk & Control Matrix document on timely basis.

To identify trends and Gaps in business basis the observation and liaise with stakeholders for corrective action.

Publishing the monthly dashboard to seniors on recent observation and new regulatory changes

Strong analytical skills and an eye for detail

Self Motivated and takes initiatives

Excellent written and oral communication skill

Ability to work to tight daily and monthly deadlines

Ability to Multitask

Preparing reports and PPT

Interpersonal skills are essential as role needs to engage with different teams and stakeholders effectively.

Regulatory Compliance Monitoring

Audit Readiness and Support (Internal & External)

Process Adherence & Governance and Stakeholder Management

Education

Graduation: Bachelor of Commerce (B.com) / Bachelor of Science (B.Sc) / Bachelor of Arts (BA) / Bachelor of Business & Insurance (BBI) / Bachelor of Management Studies (BMS)

Post-Graduation: Master of Business Administration (MBA) / Master of Commerce (M.com) / Master of Arts (MA)

Experience: 2 to 5 years of relevant.