Product Owner - Loan Management System (LMS)

Job Title: Product Owner Loan Management System (LMS)Experience: 10 15 YearsDomain: Banking & LendingProduct Type: Loan Management / Loan Servicing PlatformRole OverviewWe are looking for a Product Owner LMS with strong expertise in loan servicing systems, capable of owning the functional roadmap, backlog, and delivery alignment for a Loan Management System. The role requires a blend of banking domain depth, product thinking, and agile execution, working closely with engineering, architecture, QA, and business stakeholders.Key ResponsibilitiesOwn the end-to-end product backlog for LMS modules covering:Loan lifecycle managementRepayments, schedules, accruals, prepayments, restructuringCharges, fees, penaltiesAccounting definitions and GL mappingsLoan events and servicing rulesSupport Integration requirements with Core Banking / Accounting SystemsAct as the single point of accountability for LMS functional scope and priorities.Translate business and regulatory requirements into:User storiesFunctional specificationsAcceptance criteriaPrioritize backlog items based on business value, risk, dependencies, and delivery timelines.Ensure stories are clear, testable, and implementation-ready for development teams.Continuously groom and refine the backlog with stakeholdersAct as a bridge between business and technology, ensuring functional intent is correctly implemented.Ensure adherence to SDLC and governance processesSkills & Competencies10 plus years of experience in banking / financial services with strong exposure to Loan Management Systems.Hands-on experience as a Product Owner / Business Analyst / Functional Lead for LMS or loan servicing platforms.Strong understanding of:Loan lifecycle and servicing processesBanking products and operationsAccounting and financial flows in lendingExposure to multiple loan products (Retail, Corporate, MSME, Islamic lending, etc.).Ability to write clear user stories, acceptance criteria, and functional documents.Strong analytical, problem-solving, and decision-making skills.Ability to create and review:Functional Requirement Documents (FRD)User Stories and Acceptance CriteriaProcess flows and business rulesEducational QualificationBachelors degree in Engineering, Technology, Finance, or related discipline(B.E. / B.Tech / B.Com / BBA / equivalent)MBA / PGDM (Finance / Operations / Systems) is a plus, but not mandatory.Strong grounding in banking, finance, and business processes. .