Assistant Vice President - Product - Pension Fund Management

Department: Product Reporting to: SVP

Designation: AVP

Location: Mumbai

What are we looking for?

- We are seeking a strategic and experienced professional to join our team as AVP - Product at Pension Fund Management.

- The ideal candidate will bring 7-12 years of relevant experience in mutual funds, pension products, retirement solutions, or long-term investment instruments, and hold an MBA from a Tier 1, 2, or 3 institute.

- The candidate should have a strong background in product strategy and development, with a deep understanding of regulatory frameworks (PFRDA, SEBI, etc.), customer needs in the retirement space, and the competitive landscape of long-term financial products.

What does the job entail?

Product Strategy: Design and execute product strategies aligned with HPFM's growth objectives and evolving market dynamics in the pension and mutual fund space.

Product Development: Lead end-to-end product lifecycle management-from ideation and regulatory approvals to launch, performance tracking, and enhancement.

Market & Regulatory Research: Conduct in-depth research on customer behavior, market trends, and competitor offerings. Stay abreast of regulatory changes from PFRDA, SEBI, and other relevant bodies.

Stakeholder Collaboration: Partner with internal teams (investment, operations, compliance, marketing, distribution) and external stakeholders to ensure seamless product execution and positioning.

Customer-Centric Innovation: Integrate customer feedback and behavioral insights to refine product features and improve adoption and retention.

Financial Oversight: Monitor product performance metrics, manage profitability targets, and support pricing and cost optimization strategies.

Compliance & Governance: Ensure all products meet regulatory and internal governance standards, with timely documentation and audit readiness.

Work exp:

- 7-12 years of experience in mutual funds, pension products, or long-term investment solutions

- Proven track record in product development and strategic execution

- Familiarity with PFRDA guidelines and retirement planning frameworks

- Demonstrated success in launching and managing pension or mutual fund products

- Experience working with regulatory bodies and navigating approval processes

- Proven ability to drive product innovation and align offerings with customer and business needs

- Exposure to digital enablement and tech-driven product solutions

Essential Qualification:

- MBA from a Tier 1, 2, or 3 institute

Preferred Skills:

- Strong understanding of financial products and investment-linked instruments

- Excellent leadership and cross-functional collaboration skills

- Analytical mindset with proficiency in data interpretation and market analysis

- Effective communication and stakeholder management

- Strategic thinking with execution rigor

- Ability to thrive in a regulated, fast-paced environment