Product Manager – Account Aggregator (AA), ULI & Digital Lending/ Mumbai

Job Description:

Product Manager – Account Aggregator (AA), ULI & Digital Lending (Scale 2)

Job Description

We are seeking a Product Manager to drive the Bank's Account Aggregator (AA), Unified Lending Interface (ULI), and Digital Lending initiatives. The role will be responsible for product management, ecosystem partnerships, stakeholder management, digital lending growth, regulatory initiatives, and project delivery across the lending value chain.

The candidate will work closely with Business, Credit, Risk, Operations, Compliance, Technology, RBIH, Account Aggregators, FIUs/FIPs, Fintechs, and ecosystem partners to build seamless, compliant, and scalable digital lending journeys.

Minimum Experience

• 3-6 years of experience in Banking, Lending, FinTech, Digital Banking, Partnerships, or Product Management.
• Experience in Digital Lending, Account Aggregator ecosystem, Open Banking, API integrations, or Lending Platforms.
• Hands-on exposure to product delivery, business analysis, partner onboarding, and project management.
• Experience in Agile delivery environments.

Education & Domain Knowledge

• Bachelor's/Post-Graduate Degree in Business, Finance, Engineering, Technology, or related disciplines.
• Strong understanding of AA Framework, ULI, Digital Lending, Open Banking, and Consent Management.
• Knowledge of Retail Lending products including Personal Loans, Credit Cards, Home Loans, Vehicle Loans, MSME Loans, and LAP.
• Awareness of RBI Digital Lending Guidelines, CKYC, Bureau Integrations, and Regulatory Compliance requirements.

Product & Execution Expertise

• Manage end-to-end delivery of AA, ULI, and Digital Lending initiatives.
• Prepare BRDs, FSDs, User Stories, Process Flows, Business Cases, and Management Updates.
• Drive API integrations with AAs, FIUs, FIPs, Lending Platforms, Bureaus, and FinTech partners.
• Manage product backlog, prioritization, UAT, production rollout, and issue resolution.
• Track project milestones, risks, dependencies, and governance activities.

Business Growth & Lending Enablement

• Drive digital loan sourcing, customer acquisition, and lending conversions.
• Improve STP rates, approval rates, and turnaround time.
• Increase utilization of AA data for underwriting, pre-approved offers, and digital journeys.
• Support lending business growth, cross-sell opportunities, and revenue realization.
• Identify opportunities to improve customer experience and lending funnel performance.

Stakeholder & Ecosystem Management

• Manage relationships with RBIH, ULI ecosystem participants, Account Aggregators, FinTechs, Bureaus, and Technology Partners.
• Coordinate with Business, Credit, Risk, Compliance, Legal, Operations, Procurement, and Technology teams.
• Support partner onboarding, governance reviews, audits, and regulatory initiatives.

Key Deliverables / KRAs

• Deliver AA, ULI, and Lending initiatives within timelines and quality standards.
• Drive growth in digital lending volumes, approvals, and disbursements.
• Improve loan conversion, STP, and customer acquisition metrics.
• Manage ecosystem partnerships and API integrations.
• Ensure compliance with RBI regulations and governance standards.
• Maintain project documentation, MIS dashboards, management reporting, and audit readiness.
• Drive continuous process improvement and business growth initiatives.

Key KPIs

• Digital Lending Volume
• Loan Disbursements
• Lending Conversion Rate
• STP Rate
• AA Consent Success Rate
• TAT Reduction
• Digital Loan Acquisition
• Revenue from Lending Channels
• Partner Onboarding & Integration Timelines
• API Success Rate

Reporting

AVP / DVP – Digital Lending & Ecosystem Partnerships

Location

Mumbai

Fitment Level

Scale 2

Preferred Skills

Account Aggregator (AA), ULI, Open Banking, Digital Lending, API Integrations, Lending Platforms, Credit Bureau Integrations, FinTech Partnerships, Product Management, Business Analysis, Agile Delivery, JIRA, Confluence, Analytics & MIS.