Product Manager - Lending

Location: Bhubaneswar /
Bangalore / Mumbai

Experience: 2+ years

Department: Product
Management

Industry: Fintech /
Banking / Digital Lending

About
iServeU

Requirements

Role
Overview

As a Product Manager – LOS/LMS, you will
own and drive the product lifecycle of Loan Origination System (LOS) and Loan
Management System (LMS) solutions. You will work closely with banks, fintechs,
technology teams, business stakeholders, and implementation teams to define
product strategy, translate business requirements into scalable product
features, and ensure successful product delivery.

The ideal candidate should have strong
knowledge of digital lending, lending workflows, LOS/LMS platforms, credit
processes, and banking/fintech products.

Key
Responsibilities

·       Own the product roadmap and
lifecycle for LOS and LMS lending solutions.

·       Understand lending requirements
of banks, NBFCs, fintechs, and financial institutions and translate them into
product features.

·       Define product vision,
strategy, roadmap, and prioritization based on market and customer
requirements.

·       Gather and analyse requirements
from business, clients, operations, risk, credit, and technology stakeholders.

·       Create detailed PRDs, user
stories, functional specifications, process flows, and acceptance criteria.

·       Design and improve end-to-end
lending journeys covering customer onboarding, loan application, KYC and
verification, credit assessment, bureau integration, policy/rule engine, credit
decisioning, document management, sanction and approval, disbursement, repayment,
collections, loan servicing, and closure.

·       Work with engineering, QA,
UI/UX, implementation, and business teams to ensure timely product delivery.

·       Define and manage integrations
with credit bureaus, KYC providers, e-sign/e-NACH, payment gateways, banking
systems, APIs, and other fintech ecosystem partners.

·       Work on configurable lending
journeys to support different lending products and client-specific business
rules.

·       Collaborate with risk and
credit teams to incorporate credit policies, eligibility rules, scoring,
decisioning, and approval workflows.

·       Analyse customer feedback,
market trends, and competitor offerings to identify opportunities for product
enhancements.

·       Support client discussions,
product demonstrations, requirement workshops, and solutioning for banks and
fintech customers.

·       Track product performance
through relevant KPIs, adoption metrics, customer feedback, and business
outcomes.

·       Coordinate with implementation
and support teams for product rollout, issue resolution, and continuous
improvement.

·       Ensure products comply with
applicable banking, lending, KYC, data security, and regulatory requirements.

·       Act as the key product owner
and subject-matter expert for LOS/LMS solutions.

Required
Skills & Experience

·       4–8 years of experience in
Product Management / Product Development within Banking, Fintech, NBFC, Digital
Lending, or Financial Services.

·       Strong hands-on experience with
LOS and/or LMS products.

·       Good understanding of the
end-to-end digital lending lifecycle.

·       Experience working with banks,
NBFCs, fintechs, or financial institutions.

·       Strong understanding of lending
products such as Personal Loans, Business Loans, Consumer Loans, MSME Loans,
Digital Loans, and Merchant/SME Lending.

·       Knowledge of credit
underwriting, loan processing, risk assessment, repayment, collections, and
loan servicing.

·       Experience in API-based
integrations and fintech/banking ecosystems.

·       Strong understanding of product
discovery, roadmap planning, prioritization, and Agile methodologies.

·       Ability to create PRDs, BRDs,
user stories, process flows, and functional specifications.

·       Strong analytical,
problem-solving, stakeholder-management, and communication skills.

·       Ability to work effectively
with both business and technology teams.

Good to
Have

·       Experience in building or
implementing digital lending platforms for banks/NBFCs/fintechs.

·       Exposure to credit
decisioning/rule engines and underwriting platforms.

·       Knowledge of Bureau APIs, KYC,
e-sign, e-NACH, Account Aggregator (AA), UPI, payment, and banking
integrations.

·       Understanding of cloud-based,
API-first, and microservices-based fintech platforms.

·       Experience in B2B/B2B2C fintech
product management.

·       Experience working with
enterprise clients and managing multiple stakeholders.

Education

Bachelor’s degree in Engineering,
Technology, Business, Finance, or a related field. An MBA in Finance,
Technology, or Business Management would be an added advantage.

What You’ll
Get at iServeU

·       Opportunity to build and scale
digital lending products for banks and fintechs.

·       Exposure to large-scale banking
and fintech ecosystems.

·       Opportunity to work with
cross-functional teams across product, technology, business, and
implementation.

·       A fast-paced environment
focused on innovation in financial services.

·       Opportunity to work on products
impacting millions of financial-service users.