Product Head
Experience : 10 - 18 Yrs.
Location : Mumbai
Roles and Responsibilities
1. Product Strategy & Market Positioning
- Define and drive the mutual fund product strategy in alignment with corporate goals and investor needs.
- Identify gaps in the fund line-up and develop strategic roadmaps for new fund offerings (equity, debt, hybrid, thematic, sectoral).
- Benchmark products against competitors to maintain a competitive edge in terms of performance, cost, and innovation.
2. New Fund Development & Launch
Lead ideation, feasibility studies, and business cases for New Fund Offers (NFOs).Partner with investment teams to define investment objectives, mandates, and positioning.Coordinate with legal, compliance, risk, marketing, and operations teams to manage SEBI (or local regulator) filings and launch readiness.Ensure timely execution of NFOs, including documentation, marketing, and operational setup.3. Product Lifecycle Management
Monitor performance, investor interest, fund AUM trends, and product profitability.Periodically assess fund relevance in the current market and regulatory environment.Drive product actions : mergers, renaming, repositioning, or closures of underperforming or redundant funds.4. Regulatory Compliance & Governance
Ensure all mutual fund products meet SEBI guidelines and other applicable regulations.Keep abreast of regulatory updates and assess product-level implications.Manage documentation such as SID (Scheme Information Document), KIM (Key Information Memorandum), and fund factsheets in coordination with compliance.5. Sales Enablement & Distributor Support
Provide training and product insights to the sales team and distributors (banks, IFAs, RIAs, platforms).Create and maintain compelling product literature, pitch decks, and competitive comparisons.Work closely with marketing to drive product communication and NFO campaigns.6. Client Focus & Feedback Look
Engage with large investors, distribution partners, and advisors to gather feedback.Incorporate investor feedback into product enhancements or innovations.Align product offerings with emerging investor preferences and risk appetites.7. Cross-Functional Coordination
Act as the central point of contact for all mutual fund product-related matters.Collaborate with :
Investment Team for portfolio strategy and performance alignment.Operations for fund launch and lifecycle support.Risk and Compliance for governance and control frameworks.Digital & Tech Teams for product digitalization or integration on platforms.8. Analytics & Reporting
Analyse fund flows, investor behaviour, channel performance, and product profitability.Generate actionable insights to optimize fund mix and align distribution focus.Use data for peer comparison, investor segmentation, and product innovation.Preferred Background & Skills
10+ years of experience in mutual fund or asset management product roles.Strong understanding of financial markets, fund structures, SEBI regulations.Excellent project management, stakeholder coordination, and communication skills.Qualification : MBA / CFA preferred.
Industry Type : Asset Management Company (AMC)
ref : iimjobs.com)