Deputy Vice President - Activation Retention Cross Border spends & CLIP
SBI Card
Gurugram, Haryana, India
Role Purpose: Responsible for planning and executing the following components of portfolio management, namely Onboarding, Early Activation, Retention, Authorization, Cross border spends
Role Accountability:
- Plan & implement onboarding & retention strategy, ensuring that requisite SLAs are met by Customer Service and outbound calling teams
- Launch early activation programs to increase first swipe on the card (Separate action plan for early activation for Shikhar accounts)
- Monitor New sourcing inflow to identify potential issues/aberrations and flag them for appropriate remedial action
- Determine the pool of customers to reach out for win back calling and ensure re-carding in a time bound manner
- Develop and implement strategies for improving claw back of authorization decline spends
- Plan and execute cross border spends increase campaigns
- Plan and implement credit line increase programs across calling and self service channels
- Lead implementation of authorization rate improvement initiatives, such as RBI switch relates usage guidelines and other such initiatives
- Work with IT to implement all strategies and regulatory changes within assigned area in the system
- Ensure process documentation and compliance adherence
Measures of Success:
- Voluntary Attrition nos. as per plan
- Early activation rates & spends / account as per plan
- Onboarding numbers as per plan
- Cross border Active rate
- Cross Border spends
- Cross Border Auth rate improvement %
- Customer Winback %
- Spends Claw back %
- Number of Credit Line Increase (CHS #)
- Process adherence as per MOU
Technical Skills / Experience / Certifications
- Spends Category Understanding
- Good knowledge on Consumer and Competition behavior and Credit Card Market Dynamics
- Prior knowledge of alliances and partnerships
- Prior knowledge of retention and activation preferred
Competencies critical to the role
- Planning & Organizing
- Analytical Ability
- Negotiation & Influencing
- Innovation & Problem Solving
Qualification: MBA /PGDBM in Marketing or any other relevant discipline
Preferred Industry: Payment Card Industry, Telecom, Retail