Product Manager P& L Credit Cards Marketing

Product Manager – Credit Cards P&L – Credit Card Marketing HO

About the Job

The Product Manager will be responsible for driving the overall performance and profitability of the Credit Card portfolio. This role involves end-to-end management of income and expense items, ensuring adherence to budget targets, and leading initiatives for opportunities for revenue enhancement and cost saving.

Job Requirements:

• Responsible for managing the entire Credit Card business P&L, tracking all income and expense lines, and ensuring deliverables as per business targets by coordinating with various departments across the business.
• Analyze the performance metrics, identify key trends, and recommend actions to optimize portfolio profitability.
• Front-ending network interactions for the bank with associated network partners for revenue and cost-saving opportunities.
• Analyze the network trends both across interchange and costs, and drive interventions to maximize benefits for the business.
• Manage the year-end budgeting and forecasting process.
• Keep track of budgeted expenditure of each vertical and ensure that expenses are managed within the budget bounds.
• Responsible for managing the monthly and quarterly reporting mechanics and assessing transaction income trends for the cards portfolio.
• Oversee the publishing of management dashboards.

Required Skills and Experience

The candidate should possess the following attributes:

• CA / MBA with 6+ years of work experience in banking / financial services.
• Should have prior understanding of cards business and a thorough understanding of cards revenue and expense lines.
• Should understand financial statements, viz. P&L and Balance sheet.
• Should be able to liaise with multiple stakeholders within and outside the bank and work with them.
• Should have good analytical skills to understand the trends and correlate different line items within the cards business.
• Should possess good communication, interpersonal, problem-solving skills, and be a quick learner.
• Proficient in working on MS Office tools.