IIFL Wealth & Asset Management - AVP - AMC Product

IIFL AMC

IIFL Asset Management offers one-stop solutions to domestic and global investors for their investments in India. We make available holistic research, strong advisory platform, and high-conviction products. We present a choice of focused schemes to generate market-beating returns after assessing the fund structure, regulatory requirements, tax regulations, and foreign portfolio investors- requirements. With US$3.4 billion assets under management, we have already gained the confidence of Indian and global investors.

Product Management Team at IIFL AMC

Product Management Team has a mandate to drive organic revenue growth by enhancing product development and innovation and by bringing greater strategic discipline and insight to the products we offer our clients. The product team is tasked with ensuring that company has an industry-leading product set to support our clients- needs and the firm's growth aspirations in all market environments. The Product team is a small and nimble team that partners closely with the various Investment Strategies Groups and Client Business Groups to achieve the firm's goals and objectives.

Job Role:

Core to the role is an ability to create and articulate strategic plans relating to existing and future products, taking into consideration client, industry, market, regulatory and technology trends. A key deliverable is the oversight and execution of product development initiatives including fund launches and closures, re positioning of existing products, innovating new product ideas in partnership with investment and distribution colleagues / clients. The candidate must be comfortable interacting with senior investors, product strategists, client relationship managers, and with colleagues from Marketing, Risk, Operations and Legal teams.

The individual will more particularly support the creation and syndication of a strategic product road-map for IIFL AMC's developments in India, both for local and international vehicles. He/she will also play a key role, in partnership with multiple other functions, in executing on this road-map: legal, financial and operational fund structuring, regulatory/licensing aspects, product positioning in the market place, etc. In this respect, it is expected that he/she will have/develop an intimate understanding of the Indian fund market, both on public and private fund spaces.

The ideal candidate has a strong interest in market / industry research, product design and structuring, possesses quantitative and analytical skills, is able to solve problems creatively, combined with a passion for driving commercial outcomes. A detailed understanding of Indian AMC regulatory framework / practices, in-depth and end-to-end understanding of the asset management industry, and a high level of engagement are a must. Prior exposure to a broad range of investment products across different asset classes is necessary to succeed in this role. The position is an opportunity to work in a high pace, high visibility unit of the Firm with exposure to senior leadership of IIFL at both regional and Global levels.

Key Responsibilities

Strategy : - Develop a clear forward-looking Strategic Product Outlook

- Partner with business units to refine product strategy

Innovation - Enable a competitive, differentiated and robust pipeline of innovative solutions

- Drive Firm-wide innovation initiatives

Alignment - Align the Firm's resources behind IIFL key product priorities

- Serve as a critical connector across business units while driving decision making

Product Development - Manage a transparent and disciplined new product approval, development and implementation process

- Ensure every new product is of the highest quality and consistent with our objectives

- Prepare fund documents and marketing pitch for the product

Product Health Reviews - Provide objective and rational analysis of our product set to optimize decision making

- Conduct health reviews to continuously review our products from an investment performance and commercial standpoint

Preferred Skill sets / Key Competencies:

- Should have 6-7 of experience in AMC Function.

- Excellent Communication skills.

- Good understanding of Indian Financial Markets and regulatory frameworks pertaining to the offering of investment funds in Indian markets

- Experience in facing / dealing with regulators and retail/institutional clients

- Understanding of operational infrastructure supporting mutual funds

- Looking at softer skills like Good presentation skills, networking abilities, amiable personality

- Needs to be a good team player

- Needs to have experience in dealing with various external and internal stakeholders.

If interested kindly share your updated resume with us.