Job Title: Product Manager – Stress Testing, Scenario Analytics and Credit Risk.

Location: Bangalore

Job Summary: Oracle Financial Services Global Business Unit (FSGBU) is seeking a highly skilled and motivated Product Manager to join our Analytics (OFSAA) team. As a key member of this team, you will be responsible for building and delivering the next generation of business solutions for the Financial Services industry, focusing on profitability, risk management, regulatory compliance, budgeting and planning, business intelligence, and data foundation. You will collaborate across geographies and teams to drive innovative solutions that address real-life challenges faced by banks and financial institutions.

Key Responsibilities:

Lead the development and marketing of industry-specific solutions within the OFSAA line of business. Maintain a solution roadmap in line with market expectations. Design product blueprints, detailing the functional requirements and technical design for credit risk analytics, enterprise stress testing, and climate change solutions, along with the expected outcomes and timelines. Define requirements and high-level design for key credit risk features including default modeling, delinquency predictions, Probability of Default (PD), Loss Given Default (LGD), and credit risk reporting. Develop machine learning models in the areas of credit risk, loss forecasting, Pre-Provision Net Revenue (PPNR), etc. Communicate requirements to the development and quality teams to ensure they have a clear understanding of the requirements, including the expected outcomes and timelines. Work closely with design and engineering teams to develop and release product features following a user-centric approach and agile methodology. Conduct thorough product research, user experience research, and usability testing studies to check and improve product market fit of the current product(s). Design and productize cutting-edge and innovative solutions to the challenges faced by financial institutions in areas of credit risk analytics, stress testing, scenario analytics, and climate change analytics. Create and maintain product marketing collateral. Interact with sales, pre-sales, and marketing to develop a marketing plan for the product. Train all internal stakeholders, channel partners, and consulting partners on the product. Provide demos of the solution to prospects and existing customers and actively engage with consulting to successfully implement the product/proposed solution. Ensure product success through new customer additions, revenue improvement, and improved product ROI.

Qualifications:

Graduate or post-graduate degree in Mathematics, Statistics, Commerce, Banking, Science, or Engineering. CA, MBA (Finance), MS (Finance), or other equivalent UG/PG degree in finance, banking, or risk management. 5-10 years of experience working in a bank, consultancy firm, or risk software vendor in areas of credit risk management, risk modeling, enterprise stress testing, scenario analytics, and/or climate change stress testing. Demonstrated passion for solving real-life challenges faced by banks and financial institutions through innovative and cutting-edge solutions. Ability to break down complex business problems and solve them with creative thinking. Passionate about credit risk management, risk modeling, enterprise stress testing, scenario analytics, and climate change analytics. Experience in climate risk or ESG risks or enterprise stress testing is an added advantage. Prior product management experience is an added advantage. Proven experience in collaborating and driving cross-geo/cross-team projects. Ability to manage multiple priorities and adjust quickly to changing priorities. Energetic, with attention to detail, software quality, and the ability to work independently. Strong written, verbal, and presentation skills. Ability to work in a geographically distributed organization. Readiness to work in a high-demanding, customer-facing role.

Why Oracle FSGBU?

Opportunity to work on cutting-edge technology and innovative solutions for the financial services industry. Collaborative and inclusive work environment with a focus on professional development. Competitive compensation and benefits package.

If you are passionate about driving innovation in the financial services industry and possess the required qualifications, we encourage you to apply and join our dynamic team at Oracle FSGBU.

Career Level - IC3