Mayank Vora — CEO

Mayank is a finance and research professional working at DCB Bank as a Product Head for Unsecured Assets (Personal Loans), part of Retail Assets Unit. He specializes in Strategic Planning, Product Design and Credit Analysis. He manages Unsecured Loan Portfolio and his responsibilities includes designing and development of new products, review and modification of the existing products, working closely with cross functional team for implementing new business initiatives, forecasting and budgeting of the loan portfolio and development of strategies for achieving the same. Prior to joining DCB Bank, he had worked for 7 years in State Bank of India where he was managing Retail Loans (Other then Home, Auto & Education Loan). He holds an MBA in Finance from IISWBM and has pursued a course in Financial Risk Management from Global Association of Risk Professional. He is currently a Level II candidate of Chartered Financial Analyst (USA) Prior to joining SBI he had a small stint at Bank of Baroda’s SME Loan Factory where he had worked closely with SME Sector in evaluating their proposals and appraising their projects. Mayank had also been Business Manager and a Consultant in the Financial Services industry prior to doing his MBA. He was responsible for advising the clients about various investment avenues based on their requirements. Specialties: Strategic Planning and Development, Product Design, Review &Modification, Market Research, Credit Analysis and Appraisal, Risk Management

Stackforce AI infers this person is a Fintech expert with a strong focus on product management and strategic partnerships.

Location: Mumbai, Maharashtra, India

Experience: 15 yrs 6 mos

Skills

Project Management
Strategic Partnerships
Product Management
Market Research

Career Highlights

Expert in strategic planning and product design.
Proven track record in managing unsecured loan portfolios.
Strong background in market research and credit analysis.

Work Experience

DCB Bank

Vice President & Product Head (Co-Lending ) (2 yrs 11 mos)

Group AVP & Product Head (Co-Lending) (2 yrs 7 mos)

Group AVP & Product Head (Unsecured Assets) (1 yr 8 mos)

AVP & Product Head (Unsecured Assets) (2 yrs 6 mos)

State Bank of India

Product Manager (5 yrs 2 mos)

Management Trainee (11 mos)

Bank of Baroda

Intern (2 mos)

Education

FRM at Global Association of Risk Professional

CFA at CFA Institute ( USA)

MBA at Indian Institute of Social Welfare and Business Management

B. Com (Hons) at University of Calcutta

Higher Education/Higher Education Administration at St. Thomas' School

Mayank Vora

CEO

Mumbai, Maharashtra, India15 yrs 6 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

Expert in strategic planning and product design.
Proven track record in managing unsecured loan portfolios.
Strong background in market research and credit analysis.

Stackforce AI infers this person is a Fintech expert with a strong focus on product management and strategic partnerships.

Contact

Skills

Core Skills

Project ManagementStrategic PartnershipsProduct ManagementMarket Research

Other Skills

Advanced Market ResearchAnalysisBankingBusiness AnalysisBusiness DevelopmentBusiness PlanningBusiness Process ImprovementBusiness StrategyCompetitive AnalysisCreditCredit AnalysisCredit RiskCustomer Relationship Management (CRM)Equity ResearchFinance

About

Experience

Dcb bank

4 roles

Vice President & Product Head (Co-Lending )

Promoted

Apr 2023 – Present · 2 yrs 11 mos

Project ManagementStrategic PartnershipsCustomer Relationship Management (CRM)Business Development

Group AVP & Product Head (Co-Lending)

Promoted

Jan 2021 – Aug 2023 · 2 yrs 7 mos

Digital Alliances and Partnerships
Develop and build new strategic partnerships for DCB Bank
Creating a 360-degree feedback loop between client teams and our internal teams.
Tech | Documentation | Process Automation
Product Requirement Document (PRDs) & Product Development Document.
Defining Customer Journey and assist tech team in development to bridge the gap between Business & Co-Lending / Business Partners.
Reviewing End to End Process of Customer Journey right from Origination, Prescreening, Underwriting, Monitoring, Collections and Write off and reduce friction and automate wherever possible.
Financial Responsibilities
To devise the Product Profitability by getting the right combination of yield and perceived delinquency
To monitor Product penetration and performance post launch and fine tune wherever required.
Non-Financial Responsibilities
To keep abreast with competition on the product developments and portfolio behavior
To keep an eye on various industries to identify opportunities and threats, early warning signals.

Project ManagementStrategic PartnershipsCustomer Relationship Management (CRM)Business Development

Group AVP & Product Head (Unsecured Assets)

Promoted

Apr 2019 – Dec 2020 · 1 yr 8 mos

Financial Responsibilities
To devise the Product Profitability by getting the right combination of yield and perceived delinquency
To monitor Product penetration and performance.
Non-Financial Responsibilities
To outline goals and identify potential risks, challenges, and opportunities
To monitor and measure the performance of the products post launch & apprise the Business Head of the same
To monitor the delinquency at a Pan India/ regional /location level and to reorient strategies with Business Head.
To keep abreast with competition on the product developments and portfolio behavior
To keep an eye on various industries to identify opportunities and threats, early warning signals
To devise training module for the sales team and monitor its implementation
To devise incentive programs for the sales teams and monitor their performance
To organize customer contact programs for existing customers and prospects for better relationship management
To assist the Business Head to devise the right product program for the segment the Bank wants to operate in
To liaison extensively with Business, Credit and other business verticals for better synergies
Process Improvement and Automation
Reviewing End to End Credit Process of Product Life Cycle right from Origination, Prescreening, Underwriting, Monitoring, Collections and Write off
In addition, handling digital initiatives of Gold Loans to streamline process & to enrich customer experience.

AVP & Product Head (Unsecured Assets)

Sep 2016 – Mar 2019 · 2 yrs 6 mos

Financial Responsibilities
To devise the Product Profitability by getting the right combination of yield and perceived delinquency
To monitor Product penetration and performance.
Non-Financial Responsibilities
To outline goals and identify potential risks, challenges, and opportunities
To monitor and measure the performance of the products post launch & apprise the Business Head of the same
To monitor the delinquency at a Pan India/ regional /location level and to reorient strategies with Business Head.
To keep abreast with competition on the product developments and portfolio behavior
To keep an eye on various industries to identify opportunities and threats, early warning signals
To devise training module for the sales team and monitor its implementation
To devise incentive programs for the sales teams and monitor their performance
To organize customer contact programs for existing customers and prospects for better relationship management
To assist the Business Head to devise the right product program for the segment the Bank wants to operate in
To liaison extensively with Business, Credit and other business verticals for better synergies
Process Improvement and Automation
Reviewing End to End Credit Process of Product Life Cycle right from Origination, Prescreening, Underwriting, Monitoring, Collections and Write off
In addition, handling digital initiatives of Gold Loans to streamline process & to enrich customer experience.

State bank of india

2 roles

Product Manager

Jul 2011 – Sep 2016 · 5 yrs 2 mos

Key Responsibility includes:
 Analyze necessary market research studies for assessment and superior understanding of consumer usage & attitudes, industry & products performance trends to define target segments & needs and evaluate their impact on product strategy & plans
 SWOT Analysis of SBI and Competitors, at regular and pre-defined intervals.
 Product analysis and review, devising Sales & Marketing process improvement strategies.
 JV opportunity evaluation, scoping out new opportunities for growth.
 Working closely with the Senior Management to implement novel initiatives across cross-functional teams.
 Forecasting business scenarios and developing implementation plans to meet the same
 Strategic Consulting, including business plan & strategy development
 Reengineer the work process flow by plugging systemic loopholes to streamline the operations
Product Design:
 Develop and manage particular line of products (Retails Loans other than Home, Auto and Education), propose product features based on product ideas or request
 Develop relevant documents, maintain accuracy and consistency between marketing material and actual product/process information, handling all product /process related queries
 Coordinate with Risk ,Compliance, Legal Departments etc. for approval of product features
 Coordinate with IT and Operation Departments for technical feasibility and implementation
 Coordinate with Advertising Agencies with content support
 Ensure smooth product launch
 Own up product performance during the initial period of launch
Product Management:
 Assist in development of marketing strategies and work closely with all departments as necessary (marketing, training, customer service) for driving product performance
 Provide inputs to the training, IT, Operation and marketing teams with content support
 Product Review and Modification on an ongoing basis to ensure
 Credit and Cost Benefit Analysis

Management Trainee

Jul 2010 – Jun 2011 · 11 mos

Advanced Market Research, SWOT Analysis of SBI and Competitors, at regular and pre-defined intervals.
Product analysis and review, devising Marketing process improvement strategies.
Forecasting business scenarios and developing implementation plans to meet the same
Strategic Consulting, including business plan & strategy development
Product Development, Review and Modification
Credit Analysis and Cost Benefit Analysis