Product Manager - TASC

Job Description – TASC Product Manager

Role Title:

Product Manager – TASC (Transaction Banking / Trade & Supply Chain / Government & Institutional Business)

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Role Objective

To drive product strategy, development, and growth for TASC-related offerings including liabilities, payments, collections, virtual accounts, escrow solutions, and government/institutional banking products. The role focuses on enhancing product penetration, improving customer experience, and ensuring compliance with regulatory and internal policies.

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Key Responsibilities

1. Product Strategy & Development

• Design and implement TASC product roadmap aligned with bank’s strategy
• Identify new product opportunities across:
  • Institutional clients
  • Trade & supply chain ecosystems
• Lead product lifecycle (concept → launch → scale → improvement)

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2. Business Growth & Revenue

• Drive liability growth (CASA & TD) through TASC products
• Support field teams (RH/RM) for:
  • Client acquisition
  • Product pitching
  • Deal structuring
• Develop customized solutions for high-value mandates

3. Stakeholder Management

• Work closely with:
  • Sales teams (RM/RH)
  • Operations & CMS teams
  • Technology / IT / Digital teams
  • Risk & Compliance
• Act as central point for product-related approvals, exceptions, and structuring

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4. Product Implementation & Execution

• Ensure smooth onboarding & implementation of mandates
• Coordinate with internal teams for:
  • Account setup
  • Integration (APIs, portals, payment systems)
  • MIS/reporting structures
• Monitor TAT and resolve implementation bottlenecks

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5. Process & Compliance

• Ensure adherence to regulatory guidelines (RBI, internal audit, compliance)
• Define SOPs for product usage and execution
• Drive standardization (documentation, declarations, processes)

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6. Digital & Innovation

• Work on digital initiatives:
  • Virtual accounts
  • API banking
  • Payment gateway integrations
  • Automated reconciliation solutions
• Collaborate with FinTech / internal tech teams for product enhancements

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7. Analytics & Reporting

• Track product performance:
  • Revenue / balances
  • Client acquisition
  • Product utilization
• Prepare dashboards and reviews for senior management (MD/ED/NBH level)

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8. Market & Competitive Intelligence

• Analyze competitor offerings in TASC / transaction banking
• Benchmark pricing, features, and service delivery
• Recommend improvements to stay competitive

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Key Deliverables

• Growth in TASC liabilities and fee income
• Successful execution of large mandates/projects
• Timely product rollout and adoption
• Process efficiency and reduced TAT
• Compliance adherence and zero audit observations

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Preferred Skills & Competencies

• Strong understanding of:
  • Transaction banking / CMS / TASC products
  • Government & institutional banking
• Ability to structure complex deals
• Stakeholder management & negotiation skills
• Analytical mindset with business orientation
• Strong communication and presentation skills

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Experience Requirement

• 6–12+ years in Transaction Banking / CMS / Government Banking / Wholesale Liabilities
• Experience in handling large institutional or government accounts preferred