Senior Product Manager – Business Applications
Total Experience : 15 – 20 Years
Required Qualifications
• 15+ years of overall experience in Product Management, Technology Strategy, IT Consulting, Digital Transformation, Enterprise Applications, Technology Architecture, or related areas.
• Significant experience in Banking and/or Insurance is mandatory.
• Proven experience leading technology assessments, transformation programs, application modernization, or enterprise product initiatives.
• Demonstrated experience in developing and executing multi-year product / technology roadmaps.
• Strong experience engaging with senior business and technology stakeholders.
• Experience working across multiple teams and functions in complex enterprise environments.
• Strong understanding of modern technology trends, platforms, APIs, AI, front-end and back-end technologies.
• Experience working in large-scale transformation programs is highly desirable.
Preferred Qualification
• Strategic and future-oriented mindset
• Strong product thought process
• Technology curiosity and ability to understand emerging technologies
• Customer-centric approach with an understanding of next-generation / younger customer expectations
• Ability to simplify complex technology concepts for business stakeholders
• Strong influencing and negotiation skills
• Comfortable challenging existing assumptions and legacy approaches
• Strong executive presence and presentation skills
Key Responsibilities
1. Business Applications & Technology Strategy
• Lead comprehensive assessments of existing applications, platforms, technology stacks, processes, and architecture.
• Analyze current-state IT environments and identify gaps, risks, technical debt, scalability challenges, and modernization opportunities.
• Evaluate applications and platforms from business value, technology maturity, customer experience, scalability, security, and cost perspectives.
• Develop recommendations for application modernization, platform transformation, consolidation, replacement, or re-engineering.
• Define target-state technology and product vision aligned with business objectives.
2. Product Vision & Roadmap
• Establish a clear product and technology vision for the next 2–3 years.
• Create strategic roadmaps covering product capabilities, technology modernization, platform evolution, and digital transformation.
• Translate business objectives into product priorities, initiatives, milestones, and measurable outcomes.
• Define the execution strategy and sequencing of initiatives based on business value, technical feasibility, dependencies, and investment.
• Develop a balanced roadmap addressing short-term business priorities and long-term transformation goals.
3. Stakeholder Management
• Partner with business leaders, technology teams, architects, engineering teams, operations, product owners, and other stakeholders.
• Work effectively with people from different functions, levels, backgrounds, and technical disciplines.
• Facilitate stakeholder discussions to understand business needs, pain points, priorities, and future expectations.
• Present assessment findings, recommendations, technology strategy, and roadmaps to senior leadership.
• Build consensus across stakeholders and effectively manage conflicting priorities.
• Act as a bridge between business strategy and technology execution.
4. Application Modernization
• Lead strategic assessment of legacy applications and identify modernization opportunities.
• Define modernization strategies such as re-platforming, re-hosting, refactoring, re-architecting, replacement, or retirement.
• Assess application dependencies, integration architecture, technical debt, scalability, performance, and maintainability.
• Recommend modern technology architectures and platforms that support future business growth.
• Drive modernization initiatives toward cloud-native, API-first, modular, scalable, and resilient architectures.
5. Technology & Platform Exposure
The candidate should have strong conceptual and practical exposure to modern technology ecosystems, including:
• AI / Generative AI / Machine Learning
• API-led architecture and API Management
• Front-End technologies and modern digital experiences
• Back-End technologies and distributed systems
• Cloud platforms and cloud-native technologies
• Microservices and containerized architectures
• Enterprise application platforms
• Data platforms, analytics, and integration
• Digital channels and customer-facing applications
• Automation and emerging technologies
The candidate does not necessarily need to be a hands-on developer but must possess sufficient technology depth and thought leadership to assess technology choices, challenge technical assumptions, and guide product and modernization decisions.
6. Banking & Insurance Domain Leadership
• Strong understanding of Banking and/or Insurance business processes, products, customer journeys, and technology ecosystems.
• Ability to understand domain-specific technology challenges and regulatory considerations.
• Experience working with enterprise applications and platforms supporting financial services.
• Strong understanding of digital transformation trends within Banking and Insurance.
• Ability to identify opportunities to improve customer experience, operational efficiency, automation, and digital adoption.
7. Analytical & Strategic Thinking
• Demonstrate strong analytical and problem-solving capabilities.
• Analyze complex information and convert it into actionable recommendations.
• Evaluate multiple technology and product options and establish clear decision frameworks.
• Demonstrate strong thought process, strategic thinking, and commercial awareness.
• Challenge conventional approaches and identify innovative solutions.
• Balance customer needs, business value, technology feasibility, risk, and investment.
