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Product Manager I at Razorpay

Location
Bengaluru
Job type
Full time
Posted on 21 Dec
Description


Roles And Responsibilities


  • Devise Product Strategy: Define both long term strategy and quarterly roadmap to achieve the product vision and create impact.
  • Conceptualize new solutions: Product Conceptualization with a problem first, data-driven and test & iterate approach. Ensures conceptualization from a platform and a long-term view. Ensures value-based prioritization of product initiatives.
  • Build products: Collaborate with Engineering and Design to build products that customers love. Produce high-quality product specifications and effectively prioritize and manage the scope of each product launch to deliver products and features on time.
  • Launch products: Draft and execute a go-to-market plan in conjunction with Product Marketing. Be the internal and external authority and advocate for your given area of focus.
  • Stakeholder Management: Working with senior management in Razorpay in defining the strategy for Core Banking Unit and collaborating with internal and external teams (banks & partners) to bring the strategy into reality


Mandatory Qualifications


  • You have at least 2+ years of experience in Product Management.
  • You have at least 2 years of hands-on software development experience.
  • You understand technology, but love customer-first & business-first thinking.
  • You are an energetic self-starter with the ability to work independently in a competitive and fast-paced environment.
  • You are curious about metrics, execution processes, and macro trends.
  • You have an analytical and data-driven approach to day-to-day work.
  • Problem-solving and detail orientation come naturally to you.
  • You have a strong product sense and have experience building 0-1 products.


Become an exceptional Product Manager!
AI-First Product Management
Next batch starts on 18 Jul
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Why work at Razorpay

Razorpay stands as a beacon of innovation and growth in the fintech landscape of India. Established with an aim to revolutionize the financial ecosystem, the company provides an exciting opportunity for professionals seeking to make an impact in digital payments. Working at Razorpay means being part of a team that's driving change and creating solutions that impact millions of businesses and consumers across the nation.

With a keen focus on fostering a culture of learning, collaboration, and innovation, Razorpay offers an environment where ideas are nurtured, and creativity is celebrated. Employees benefit from a dynamic workspace where they can work alongside some of the brightest minds in the fintech industry. Razorpay's commitment to employee growth is demonstrated through its numerous learning and development programs, mentorship opportunities, and regular skill enhancement workshops.

In addition to professional growth, Razorpay offers competitive benefits that focus on work-life balance, including flexible working hours, wellness programs, and a supportive work environment. The inclusive culture at Razorpay values diversity and encourages employees to bring their full, authentic selves to work every day. This results in a happier, more productive workforce that is primed to tackle challenges head-on while enjoying the journey.

What's it like to work at Razorpay

Working at Razorpay is an enriching experience characterized by a startup-like agility and the stability of an established firm. Employees are surrounded by an atmosphere of continuous learning and development, with ample opportunities to take ownership of projects and ideas. This empowerment fuels a sense of responsibility and offers substantial room for personal and professional growth.

Teams at Razorpay are known for their collaborative spirit. Employees are encouraged to voice their opinions, suggest innovative ideas, and engage in constructive dialogue, contributing to an inclusive and vibrant company culture. The company hosts regular workshops, team-building activities, and hackathons to foster team synergy and innovation.

Moreover, employees take pride in the tangible impact of their work, knowing they contribute to solutions that are transforming the financial landscape for businesses across the country. Team members are inspired by the company’s vision and motivated by the ease of access to leaders and decision-makers, providing a clear understanding of the company's objectives and strategies.

What's it like to work as a Product Manager I at Razorpay

As a Product Manager I at Razorpay, you are positioned at the intersection of technology, business, and customer experience. This role requires a keen understanding of market trends, consumer needs, and product development processes. Product Managers at Razorpay are empowered to drive the product lifecycle from conceptualization to launch, working closely with cross-functional teams such as design, engineering, marketing, and sales.

This role demands a strategic mindset, excellent communication skills, and a knack for problem-solving. Razorpay places a strong emphasis on delivering value to its customers, and as a Product Manager, you will have the responsibility and autonomy to shape products that fulfill these ideals. The role is both challenging and rewarding, as you have the potential to significantly impact the company and its customers.

In addition, Razorpay supports its Product Managers with robust analytics and insights, helping them make informed decisions. You'll also have access to user feedback channels and market research reports to guide the product development process. Being a Product Manager I at Razorpay is about driving innovation while ensuring company goals and customer satisfaction remain prioritized.

Product Manager I interview questions at Razorpay

Razorpay’s interview process for a Product Manager I role is structured to assess both technical acumen and cultural fit. Candidates can expect a series of interviews, starting with an initial screening that focuses on understanding the candidate's background, motivations, and fit for the role.

Here are some common interview questions candidates might encounter:

  1. How do you approach new product development from ideation to launch?
  2. Can you provide an example of a successful product you managed? What challenges did you face, and how did you overcome them?
  3. Describe a time you had to make a tough decision regarding a product feature or strategy.
  4. How do you incorporate customer feedback into your product strategy?
  5. What is your process for prioritizing features and updates in a product roadmap?

These questions are designed to get insights into a candidate’s product management style, problem-solving skills, and ability to align with Razorpay's values and expectations.

Product Manager I interview preparation at Razorpay

Preparing for a Product Manager interview at Razorpay involves understanding both the technical aspects of product management and the cultural nuances of the company. Familiarize yourself with Razorpay’s product suite, its impact in the digital payments ecosystem, and current trends in fintech.

Candidates should revisit fundamental product management frameworks and methodologies, such as Agile and Scrum, and be prepared to discuss how they utilize these in their daily operations. Being current with fintech trends and understanding Razorpay’s competitors can also give candidates an edge in conversations about market dynamics and strategic positioning.

Mock interviews with peers or mentors can help refine your responses, especially for behavioral questions, by providing constructive feedback. Reviewing past experiences and drawing learning points from successes and failures will prepare you to answer scenario-based questions confidently.

Product Manager I interview tips at Razorpay

If you’re preparing for an interview for the Product Manager I role at Razorpay, consider the following tips to enhance your performance:

  1. Research Insightfully: Understand Razorpay’s vision, mission, and product offerings. This will help you tailor your conversation and align your responses with the company’s goals.

  2. Communicate Clearly: Clarity of thought and communication are key in a product management role, as you'll need to convey complex ideas succinctly to diverse teams.

  3. Be Data-Driven: Razorpay values decisions backed by data and insights. Illustrate your ability to leverage analytics in decision-making processes.

  4. Demonstrate Flexibility: Highlight your adaptability and ability to manage change effectively. The fintech landscape is dynamic, and flexibility is essential.

  5. Cultural Fit: Show enthusiasm for Razorpay's culture. Display your collaborative spirit and willingness to contribute positively to the team dynamics.

By keeping these points in focus, candidates can present themselves as not just technically competent but also aligned with Razorpay’s ethos.