AVP/ VP, Loans Product Management Equipment & Vehicle Financing (Mid Cap & SME), Institutional Bank

About the Role

We are seeking an experienced Loan Product specialist to oversee the governance, design, and lifecycle management of Equipment and Vehicle Financing products for Mid-Cap and SME clients. The role emphasizes robust product frameworks, risk discipline, and regulatory compliance across structured asset-based lending, ensuring sound portfolio performance and operational integrity.

Key Responsibilities

Product Governance & Frameworks

• Lead the design, standardization, and ongoing review of equipment/vehicle financing products (including Hire Purchase, Block Discounting, and Floor Stock financing).

• Establish and maintain product programs, policy documents, and control frameworks across the product lifecycle.

• Define and periodically review pricing methodologies, underwriting standards, and product parameters in alignment with risk appetite.

• Ensure alignment of product features with internal risk policies and regulatory expectations.

Portfolio Oversight & Risk Discipline

• Monitor portfolio health metrics including asset quality, utilization, delinquencies, and residual value exposure.

• Partner with Risk functions to refine and enforce credit policies specific to asset-backed lending.

• Oversee collateral governance, including valuation standards, insurance requirements, asset tracking, and recovery protocols.

• Drive early warning indicators, stress monitoring, and corrective action frameworks.

Process, Controls & Systems

• Strengthen end-to-end control points across origination, underwriting, documentation, and servicing.

• Drive standardization, automation, and auditability of workflows, ensuring strong process governance.

• Oversee system capabilities supporting asset tracking, documentation integrity, and lifecycle monitoring.

• Ensure data quality, reporting accuracy, and traceability for internal and regulatory requirements.

Governance, Compliance & Assurance

• Maintain full compliance with regulatory requirements, internal policies, and audit standards.

• Lead product governance forums, approvals, and change management processes.

• Ensure completeness and accuracy of product documentation, including program guidelines and operating procedures.

• Support internal audits, regulatory reviews, and remediation actions where required.

Stakeholder Coordination

• Collaborate with Credit, Risk, Operations, Legal, Compliance, and Technology teams to ensure consistent application of product standards.

• Act as the central point for product-related governance, issue resolution, and policy interpretation.

Key Qualifications & Experience

• Bachelor’s degree in Finance, Business, or related field; MBA preferred.

• 8–12 years of experience in equipment/vehicle financing, asset finance, leasing, or structured lending, with a strong focus on product governance and risk management within SME/Mid-Corp segments.

• Strong understanding of asset-based financing structures (Equipment & vehicle Financing).

• Familiarity with collateral management, asset valuation, and recovery processes.

• Experience in defining product policies, controls, and audit/compliance frameworks.

• Working knowledge of regulatory requirements and risk management practices in asset finance.

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