PM Interview experience at Razorpay

This Interview process was shared by a Product manager for a Payments role based out of Bangalore. The author here wanted to stay anonymous, hence not sharing the
company name as well. 

Round 1 - Resume Screening
Round 2 - Screening Calls
Round 3 - Assignment Round
Round 4 - Interview with PMs, Product Head and Head of Engineering

Round 1 - Resume Screening

HR usually sends across some resumes that the product managers go through and recommend the best 5-10 resumes to the Product head, along with their preferences. This firm usually hires someone with 3-4 years of prior product management experience.

Round 2 - Screening Calls

Of the top 10 resumes, product managers do a 30-45 min screening call where about half the time is spent on the candidates background and the other half is a product design question. Typical questions would be: How would you go about creating a 3 year product roadmap for Instagram. Or sometimes a strategy question such as Why do you reckon PhonePe got a 9 Billion dollar valuation recently. This round is to understand if the candidate is thoughtful, articulate and seems to have their product management fundamentals in place.

Round 3 - Assignment Round

Next round is an assignment round. One week to solve. The assignment is a case study describing certain customer problems in a payment scenario. Eg. A logistics company collecting payments and describing certain problems different users face. The assignment is to try to come up with product solutions for those problems - describe the thought process used to arrive at the solution, create a launch plan for the product, and what metrics one would consider for a product manager, engineering manager and Customer support manager for this product.

Round 4 - Interview with PMs, Product Head and Head of Engineering

If the assignment is satisfactory, then the candidate is invited for an in person interview. 3-4 rounds with PMs, product head and perhaps the Head of Engineering. The product rounds would partially be about the assignment and partially some on the spot product questions - to see if the candidate can think on their feet. These rounds are to get to test more thoroughly that the candidate has their product fundamentals in place. The questions asked during these rounds depends on the interviewer and their style of interviewing. Each tries to test for different aspects of the candidates profile.

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Multiple PM School mentors and teachers are from RazorPay. If you are gunning for a fin-tech PM role in India, the PM School program can open up potential PM jobs for the various upcoming startups in the payments space.