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Product Manager - CLOS at Newgen Software

Location
Noida
Job type
Full time
Posted on 22 Sep
Description
About the job


Job Title: Product Manager - CLOS Domain

Location: Noida, India

Job Type: Full-time

Experience: 10+ years


Overview: Newgen Software is seeking an experienced Product Manager with expertise in the Commercial Loan Origination System (CLOS) domain. The ideal candidate will have a deep understanding of commercial lending processes, loan origination systems, and related technologies. As a Product Manager, you will drive product development initiatives, lead presales efforts, oversee solutioning activities, and collaborate across teams to deliver cutting-edge solutions to our customers.


Responsibilities:

  • Develop and execute the product strategy and roadmap for Newgen's CLOS solutions, focusing on enhancing product features, functionality, and market competitiveness.
  • Conduct market analysis and research to identify customer needs, industry trends, and competitive landscape within the commercial lending and CLOS domain.
  • Partner with engineering, sales, and marketing teams to prioritize product enhancements and new feature developments based on market demands and customer feedback.
  • Lead presales activities, including product demonstrations, solution workshops, and client engagements to showcase Newgen's CLOS capabilities and value proposition.
  • Work closely with solution architects to translate business requirements into technical specifications and ensure alignment of solutions with customer requirements and industry standards.
  • Collaborate with key stakeholders and customers to gather feedback, validate product features, and drive continuous improvement initiatives.
  • Monitor product performance metrics, analyze data, and implement strategies to optimize product usability, scalability, and customer satisfaction.
  • Serve as a domain expert internally and externally, representing Newgen at industry events, conferences, and forums.


Qualifications:

  • Bachelor's/Master's degree from a premium institution in Business Administration, Finance, Computer Science, or related field. MBA preferred.
  • Proven experience (10+ years) in Product Management within the Commercial Loan Origination System (CLOS) domain, preferably with exposure to fintech or financial services software solutions.
  • In-depth knowledge of commercial lending processes, loan origination systems (LOS), and related technologies.
  • Track record of successfully managing end-to-end product lifecycle, from concept to launch, in an Agile environment.
  • Strong analytical skills with the ability to translate market insights and customer feedback into actionable product strategies.
  • Excellent communication, presentation, and interpersonal skills with the ability to collaborate effectively with cross-functional teams and influence stakeholders.
  • Experience in solutioning and engaging with clients in a presales capacity is advantageous.


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Frequently Asked Questions

What is the role of a Product Manager in the CLOS domain at Newgen Software?
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What qualifications are required for the Product Manager - CLOS position at Newgen Software?
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What are the key responsibilities of the Product Manager - CLOS at Newgen Software?
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What experience is preferred for the Product Manager - CLOS role at Newgen Software?
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Where is the Product Manager - CLOS position based within Newgen Software?
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How long of an experience does Newgen require for the Product Manager - CLOS position?
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What department will the Product Manager - CLOS work in at Newgen Software?
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What functions will the Product Manager - CLOS perform in presales activities at Newgen Software?
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Why Work at Newgen Software

When considering a role as a Product Manager within the Commercial Loan Origination System (CLOS) domain, Newgen Software stands out as an exceptional choice. Newgen Software is a market leader in digital transformation and process automation, renowned for its innovation and technological prowess. Working at Newgen Software provides numerous advantages such as:

  1. Innovation and Cutting-edge Technology: Newgen Software is at the forefront of technological advancement. Employees have access to state-of-the-art tools and technologies that enable them to perform their duties efficiently and stay ahead of their competition.

  2. Career Growth and Learning Opportunities: With a clear path for career growth and an encouraging environment for continuous learning, Newgen supports its employees in developing their skill sets and advancing their careers.

  3. Global Exposure: Working with Newgen Software offers a chance to interact with global clients and partners, providing an expansive view of international commercial lending trends and practices.

  4. Collaborative Work Culture: Team collaboration is embedded in the DNA of Newgen’s work culture. Cross-functional teams work seamlessly, ensuring that each solution delivered is of the highest standard.

  5. Employee Wellness and Work-Life Balance: Newgen Software emphasizes employee wellness and work-life balance, offering flexible working hours and employee wellness programs.

What's it Like to Work at Newgen Software

Working at Newgen Software means being part of a dynamic and supportive team. Here's what you can expect:

  1. Dynamic Work Environment: There’s never a dull day at Newgen. The challenges are dynamic, and each project brings new learning opportunities and experiences.

  2. Support and Mentorship: From the first day, employees are introduced to a robust support system. Senior management and peers provide guidance and mentorship to ensure new joiners are well integrated and empowered.

  3. Inclusive Culture: Diversity is celebrated at Newgen. Employees from different backgrounds come together to create a rich, inclusive culture.

  4. Employee Engagement: Regular team-building activities, workshops, and seminars keep the employees engaged and the workplace vibrant.

  5. Recognition and Rewards: Employee contributions are recognized and rewarded. Newgen has a strong recognition program that celebrates individual and team achievements.

What's it Like to Work as a Product Manager - CLOS at Newgen Software

As a Product Manager in the Commercial Loan Origination System (CLOS) domain at Newgen Software, your role is both challenging and rewarding. Here’s what to expect:

  1. Product Strategy Development: You will be responsible for developing and executing product strategies that enhance Newgen’s CLOS solutions. This involves market analysis, competitive landscape assessment, and keeping up with industry trends.

  2. Cross-functional Collaboration: Working closely with engineering, sales, marketing, and solution architects ensures that the product meets market demands and customer requirements.

  3. Client Engagement: Product Managers play a crucial role in presales activities. Engaging with clients through product demonstrations and workshops showcases Newgen’s capabilities and helps drive customer satisfaction.

  4. Continuous Improvement: Regular feedback from clients and stakeholders helps in refining and improving the product, ensuring it remains competitive and efficient.

  5. Industry Representation: Representing Newgen at industry events and forums elevates the company's profile and positions you as a domain expert within the CLOS industry.

Product Manager - CLOS Interview Questions at Newgen Software

Preparing for an interview for the Product Manager - CLOS position? Here are some potential questions you might encounter:

  1. Experience-Based Questions:

    • Describe your experience with Commercial Loan Origination Systems.
    • Can you give an example of a product strategy you developed and executed successfully?
  2. Technical Questions:

    • Explain how you would approach a technical problem related to CLOS.
    • How do you stay updated with the latest technologies and trends in commercial lending?
  3. Analytical and Problem-Solving Questions:

    • How do you prioritize product features and enhancements?
    • Describe a time when you had to make a significant decision based on data analysis.
  4. Behavioral Questions:

    • How do you handle conflicts within cross-functional teams?
    • Tell us about a time when your project did not go as planned. What did you learn from it?

Product Manager - CLOS Interview Preparation at Newgen Software

Preparing for your interview involves several steps:

  1. Understand the Role: Review the job description and responsibilities, ensuring you are familiar with Newgen’s products and their place in the CLOS market.

  2. Research: Perform in-depth research on Newgen Software, its clients, market position, and competitors within the CLOS domain.

  3. Align Your Experience: Be ready to align your past experiences with the requirements of the job. Use specific examples from your professional career that demonstrate your qualifications.

  4. Mock Interviews: Conduct mock interviews with peers or mentors to practice your responses to both technical and behavioral questions.

  5. Resume Review: Make sure your resume highlights key experiences and achievements that relate to the CLOS domain and product management.

Product Manager - CLOS Interview Tips at Newgen Software

Here are some tips to ensure a successful interview:

  1. Be Specific and Concise: Provide specific examples from your past experiences and avoid long-winded explanations. Clarity and conciseness show that you understand the topic well.

  2. Showcase Your Expertise: Demonstrate your knowledge of the CLOS domain and your ability to translate market needs into actionable product strategies.

  3. Communication Skills: Excellent communication skills are crucial for this role. Practice articulating your thoughts clearly and confidently.

  4. Positive Attitude: Approaching the interview with a positive and enthusiastic attitude can make a significant difference.

  5. Ask Questions: Prepare thoughtful questions about the role, team, company culture, and expectations. This shows your interest and engagement in the position.

By diligently preparing, understanding the company's needs, and practicing your interview skills, you can enhance your chances of securing the role of Product Manager - CLOS at Newgen Software.