BaNCS Product Manager

Overview

The Business Product Manager acts as the accountable business owner for the BaNCS platform within Entitlements and Trade & Settlements, defining strategy, prioritising product development, governing platform change, and maximising business value from platform investments.

What you'll do

• Own and maintain the multi-year BaNCS product roadmap.
• Define the platform vision, target state and measurable business outcomes.
• Prioritise demand, enhancements, regulatory change and strategic initiatives.
• Evaluate business cases, benefits, risks, dependencies and investment opportunities.
• Align regional and functional requirements to the enterprise settlements strategy.
• Act as Business Application Owner for BaNCS and provide clear business accountability.
• Chair or represent the business in product governance forums and working groups.
• Approve business requirements, operating-model decisions and solution designs within delegated authority.
• Maintain oversight of product risks, issues, assumptions, dependencies and decisions.
• Escalate strategic decisions, delivery risks and control concerns to the appropriate governance body.
• Gather, challenge, document and prioritise business requirements.
• Translate operational and client needs into clear capabilities, outcomes and acceptance criteria.
• Manage the business backlog and recommend release priorities.
• Review impact assessments, change requests, sequencing options and implementation plans.
• Ensure changes transition successfully into the operating environment.
• Own or coordinate ownership for the key business processes operating through BaNCS.
• Define data-accountability and stewardship arrangements for critical settlement data.
• Approve business data mappings, static-data requirements and interface requirements.
• Oversee data-quality issues, remediation priorities and governance upkeep.
• Ensure changes to data use are appropriately assessed and governed.
• Sponsor business testing and secure appropriate operational SME participation.
• Agree UAT scope, test priorities and business acceptance criteria.
• Oversee review of test cases, outcomes, defects and residual risks.
• Coordinate business sign-off for requirements, data, testing and implementation readiness.
• Support go-live, migration, stabilisation and post-implementation review activities.
• Act as the primary business contact across Operations, Product, Technology, change teams and TCS.
• Build alignment across legal entities, regions, processing teams and control functions.
• Manage vendor-related priorities, requirements, costs, dependencies and escalation paths.
• Prepare concise updates for senior stakeholders and governance committees.
• Resolve competing priorities and facilitate timely business decisions.
• Ensure platform design and change reflect applicable regulatory and operational-control requirements.
• Assess impacts arising from market, legal-entity, client and custody-model change.
• Support audit, risk, compliance, resilience and control assessments.
• Ensure appropriate segregation of duties, access governance and maker-checker controls are reflected in the operating model.
• Maintain traceable approvals, decisions and governance evidence.
• Support annual capital planning and funding submissions for BaNCS initiatives.
• Develop or coordinate business cases with clear scope, outcomes, benefits, risks and resource needs.
• Prioritise investments against strategic, regulatory, risk and operational criteria.
• Track delivery against approved scope, funding and roadmap commitments.
• Monitor benefits realisation and recommend corrective action where expected value is at risk.

What you'll need

• For internal applications: 24 months as Senior Consultant.
• A College or University degree and/or data governance and quality work experience is required.
• 10+ years experience in financial services.
• Deep domain knowledge.
• Strong cross business unit experience leading enterprise initiatives.

Details

• Location: Bangalore, India.