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Product Approval Committee Practitioner

IDFC FIRST Bank·Mumbai

Pay not stated5–10 yrsFull-time

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About the role

The Product Approval Committee (PAC) Practitioner is responsible for ensuring that all new product launches and modifications across the Bank comply with internal governance standards and Reserve Bank of India (RBI) regulatory requirements. The role oversees end‑to‑end PAC operations, enabling effective governance, risk assessment, and strategic decision-making for product approvals and lifecycle management.

What you'll do

  • Responsible for ensuring all new product launches and modifications, adhering to the internal policy and Reserve Bank of India regulations
  • Ensure effective governance, coordination, and execution of the Product Approval Committee (PAC) for the Bank
  • This role acts as an executioner in managing committee operations, ensuring compliance with regulatory and internal guidelines
  • Assist to organize and convene regular PAC meetings to review, approve or reject new product launches / material modification to existing products in alignment with the…
  • Ensure approvals from all the relevant stakeholders are obtained for product offerings placed in the Committee, includes both new and existing modifications

What you need

  • 5–10 yrs of experience
  • Insurance
  • Compliance
  • Risk management
  • Audit
  • B.Com or BMS or B.Sc or BA or BBA or MBA or M.Com

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