Oracle is strongly committed to the global financial services industry. To assist financial institutions, Oracle has brought together the industry's best application and technology ecosystem for evolutionary transformation, providing Banks and Credit Unions with the largest footprint of functional assets. Oracle's progressive transformation strategy for financial services industry is executed through the Oracle Financial Services Global Industries Unit (FSGIU).

 Oracle FSGIU has created the position for a Director of Lending Products to further support progressive transformation of Banks and Credit Unions in their lending line of business in the United States.

Job Description: 

In this role you will work as part of a team that acts as the central resource and driving force for US banking. As a member of the product strategy team for Oracle Banking solutions, you will contribute to the definition of product specifications and strategy to enable complete lending capabilities for our solution especially around customer onboarding, customer maintenance, origination and servicing of loan products such as personal loans (secured, unsecured, debt consolidation), auto loans (direct and indirect lending), lines of credit, HELOC, student loans, and business loans (term loans, working capital loans, SBA loans, equipment financing, leasing etc.). Knowledge of US regulations and compliance around these products is required as you will need to define product specifications around functionality and compliance. 

You will also be required to support sales and pre-sales teams in business development opportunities. You will need to initiate and foster relationships with other groups to ensure a holistic development of the lending product line. You will also review product documentation and collateral to ensure successful product releases based on corporate priorities.

Responsibilities: Provide consistent high quality and innovative leadership on lending product solutions by interacting with various stakeholders within Oracle and partners / clients when necessary Be a banking expert on loans and trusted advisor to the product organization by effectively influencing decisions across all software development life cycle stages. Analyze and understand customer management, all the various types of loans common in the North American market including regulatory practices. Have in depth knowledge of US Regulations around these products. Translate the above banking areas into business requirement documents for development. Knowledge of corporate loans and commercial loans such as Bridge loans, construction loans, commercial real estate loans, trade finance loans, invoice financing/factoring, and syndicated loans would be an added advantage  Knowledge of facility management, limit management, loan pools, securitization etc. is required Effectively apply Oracle’s methodologies, policies, and procedures. Develop and deliver high quality presentations and demonstrations, present and articulate product features, and benefits, and configure and test the overall solution that delight prospects and clients Demonstrate strong communication skills to deal with internal stakeholders, partners, customers, and senior management.  Require business, product, technology, or industry expertise relevant to customer management, and lending Effectively manage budget, scope, schedule, resources, and quality throughout development by analyzing factors that influence outcomes such as risk, issues, and dependencies. Plan, manage and communicate the progress of projects, project achievements and maintain project status. Maintain up-to-date knowledge of and compliance with internal processes and procedures. Support the business development effort for new & expansion opportunities through scoping, solutioning & presentations.  Promote knowledge by sharing lessons learned, innovations or new skills with team members