Thoucentric - Product Manager - Digital Lending

At Thoucentric, we work on various problem statements.

The most popular ones are :

- Building capabilities that address a market need, basis our ongoing research effort.

- Solving a specific use case for a current or potential client based on challenges on-ground.

- Developing new systems that help be a better employer and a better partner to clients.

- All of these need the best of minds to work on them day-to-day; and we do exactly that!

- Your contribution to organization development is as important as outward facing consulting.

- We are invested in both, employee growth and client success!

We are looking for an experienced Product Manager to lead the end-to-end implementation of a Loan Origination System (LOS) in the Digital Lending domain. This role involves working closely with business stakeholders, technology teams, and third-party vendors to design, develop, and deploy a scalable LOS that enhances customer experience and improves operational efficiency.

Key Responsibilities:

- Define the vision, strategy, and roadmap for the LOS implementation.

- Align LOS features with business objectives, compliance requirements, and customer needs.

- Collaborate with stakeholders to prioritize functionalities based on business impact and feasibility.

- Enhance customer experience by designing a frictionless digital loan application & approval journey.

- Identify bottlenecks in the loan origination process and propose automation & AI-driven enhancements.

- Implement data-driven decision-making to optimize credit underwriting & approval workflows.

- Engage with lenders, credit risk teams, legal & compliance to ensure regulatory adherence.

- Partner with third-party vendors, fintech platforms, and core banking systems for integration.

- Lead the end-to-end LOS implementation, including vendor selection, system design, integration, and deployment.

- Work with engineering, design, risk, and compliance teams to ensure seamless implementation.

- Define and track KPIs to measure success and adoption.

Requirements:

Educational Qualifications:

- Strong educational background from reputed engineering and Tier I or Tier II management schools

Required Skills:

- 3+ years of relevant experience working with core lending systems (LOS / LMS) as Product Manager

- Overall understanding of Lending Life cycle

- One End to End IT project implementation experience in the Digital Lending space.

- Prior experience of working in an NBFC setup will be a plus.

- Excellent communication skills with vendor management experience

- Ability to cope in a complex and fast-changing business environment, and to respond calmly and rationally to changing aspirations in a deadline-driven situation.

- Strong planning and organizing skills.