Innovation Product Engineer

💰 ₹18,000 - ₹28,800 (Est.) 📍 Bangalore

Job Description

The Role Responsibilities

Job Role

Product Development

The Innovation Product Engineer is responsible for the development of innovative products or product enhancements. They work closely with cross-functional teams, including designers, researchers, and developers, to translate innovative ideas into tangible products. They contribute to the entire product development lifecycle, from concept to launch.

Prototyping and Testing

The Innovation Product Engineer creates prototypes and conducts testing to validate and refine innovative product concepts. They use various prototyping techniques and tools to quickly iterate and gather feedback. They collaborate with stakeholders and end-users to ensure that the product meets their needs and expectations.

Technical Expertise

The Innovation Product Engineer brings technical expertise and knowledge to the innovation process. They have a deep understanding of relevant technologies, materials, and manufacturing processes. They assess the feasibility and viability of innovative ideas from a technical perspective, considering factors such as scalability, cost and performance.

Cross-functional Collaboration

The Innovation Product Engineer collaborates with cross-functional teams, including designers, researchers, marketers, and business stakeholders. They contribute technical insights and work closely with others to align product innovation with business objectives. They ensure effective communication and coordination among team members throughout the product development process.

Market Research and Analysis

The Innovation Product Engineer conducts market research and analysis to understand customer needs, competitive landscape, and industry trends. They identify market opportunities and gather insights to inform product innovation. They stay updated on emerging technologies, industry standards, and regulatory requirements relevant to the product domain.

Intellectual Property (IP) Management

The Innovation Product Engineer may be responsible for managing and protecting intellectual property associated with innovative products or technologies. They work with legal and IP teams to identify patentable inventions, file patents, and ensure compliance with IP regulations. They may also conduct IP landscape analysis to assess potential risks and opportunities.

Continuous Improvement

The Innovation Product Engineer seeks opportunities for continuous improvement of existing products or processes. They analyze customer feedback, performance data, and market trends to identify areas for enhancement or optimization. They collaborate with relevant teams to implement improvements and drive innovation within the product portfolio.

Project Management

The Innovation Product Engineer may be involved in project management activities related to innovation initiatives. They define project goals, scope, and deliverables. They develop project plans, allocate resources and monitor progress to ensure timely execution.

Collaboration with External Partners

The Innovation Product Engineer may collaborate with external partners, such as suppliers, research institutions, or startups, to foster innovation. They identify potential partners, evaluate their capabilities, and establish collaborative relationships to leverage external expertise or technologies.

Other Responsibilities

Embed Here for good and Group’s brand and values in Functions CIO - Innovation

Our Ideal Candidate
• B.Tech, MBA (optional)

Certification
• Certified Project Manager (CPM), Certified Product Lifecycle and Configuration (CPLCM)

Role Specific Technical Competencies
• Quantum Computing Fundamentals: Quantum gates, quantum circuits, quantum algorithms
• Quantum Programming Language
• Quantum Hardware
• Quantum circuit design and Error Mitigation
• Quantum simulation and Verification

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. Together we:
• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
• Time-off including annual, parental / maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum
• Flexible working options based around home and office locations, with flexible working patterns
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers

Job: Technology

Primary Location: Asia-India-Bangalore

Schedule: Full-time

Employee Status: Permanent

Posting Date: 17/Oct/2026, 12:14:57 AM

Unposting Date: Ongoing

💡 Quick Summary

Seeking a career-building opportunity? The Innovation Product Engineer position is now open for candidates interested in the Bank Jobs sector. This role in Bangalore offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.

Sponsored

Job Details

Company Name: Standard Chartered Bank

Frequently Asked Questions

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The expected salary for Innovation Product Engineer in Bangalore is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Innovation Product Engineer is an on-site position based in Bangalore. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Innovation Product Engineer. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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