Overview
Our objective is to be known for our differentiated offerings and strategies that sets us apart from run-of-the-mill Private Wealth firms. An intelligent, ethical, hardworking & experienced Product Head will find it both enjoyable & an interesting challenge taking on this mandate of Head of Products.
Experience:
– Minimum 12 years of relevant work experience in financial services, financial product development, investment advisory & Private Banking (Wealth Management).
– Excellent knowledge of Wealth Management solutions like Mutual funds, PMS/AIF, Private Credit, International Investments, Insurance, Alternative Investments etc. & strategies like tax minimization strategies, legacy planning, arbitrage etc.
– Experience in Product Development and structuring for Private Wealth clients.
– Experience in managing Investment Counsellors/ Advisors at a National level
Job Profile:
– Lead the product management group of the organisation
– Design the product value proposition for Wealth Management.
– Analyze various PMS/AIF/MF/Structured Products etc & and conduct due diligence for assessment of inclusion in the product bouquet
– Devise innovate product offerings for both templated as well as bespoke solutions after competitive scanning and benchmarking.
– Source and interpret external market intelligence from a domestic as well as global perspective. Track and enhance the performance of launched products to ensure they remain competitive in the market place.
– Conceptualize and maintain collaterals, research notes.
– Existing Product management (including portfolio positioning, return analysis, investment risk review, peer group review)
– Take responsibility of Investment committee, generation of monthly house view & model portfolios.
– Analytics of client portfolios as well as model portfolios
– Ensure high quality & timely reports for Clients with proper coverage.
– Create regular & timely updates on events in financial markets & economy.
– Ensure product benchmarking is conducted at Quarterly intervals.
– Liaison with other departments and outside agencies to have best in class technology driven solutions.
– Build a knowledge platform via digital events and knowledge series.
– Assist in building a social media community for the organization through good content and conversation
– Liaison with market data aggregators and research report providers.
– Regular interaction with investment and RM Teams.
– Negotiate superior commercials with manufacturers
– Compliance: Ensure compliance of guidelines, system & procedures are followed while approving products. Ensure the teams have necessary certification to comply with SEBI/IRDA/RBI instruction(s).
– Knowledge Sharing: Have your team arrange investment conclaves, training programs quizzes for Wealth RMs
Preferred Qualification:
– MBA Finance or related field
– Deep understanding of capital markets, MF industry and nuances of investing
– Ability to multi-task & work in a high-pressure performance oriented environment.
– Should have an eye for detail
– Knowledge & Experience in Market Analytics and Passion for Research in Economic trends and Products.
Compensation:
Fixed: Competitive with the industry
ESOPs: Head of Products will be the beneficiary of generous ESOPs