Product Manager - Wealth
Job Description:
Manager - Wealth, ProductsExperience (6+ Years)Location - MumbaiThe Product Team is responsible for deliberating and helping the firm develop. investment, Product & Economic strategy catering and focused on High Net Worth
Individual clients as well as Corporate Treasuries across all investable assets.
Key Responsibilities:
- To manage the product team.
- To manage the relationship with external fund houses which are product manufacturers of MF, PMS, AIFs, Structured Products, Private Equity Funds, Real Estate Funds, Secondary Bonds etc.
- Work on new MF/ NON-MF processes/ launches in consultation with the Investment Committee
- Carry out PMS/Non-MF Process development/enhancement/changes as and when required.
- The employee would have to liaison with Legal/Compliance to execute AMC/Vendor/Product Manufacturer/Third Party Agreements as and when required.
- To actively interact with product manufacturers to understand attractive investment opportunities, and trends in the market to become an early mover.
- To interact and negotiate with various product providers for optimal product pricing.
- To arrange training programs for the Sales channel and external Account Managers (Sub Brokers) regularly.
- Creation of client mailers on client communication to be sent on any regulatory change/product. update/process changes etc
- Organize and Moderate Investment Committee Meetings periodically to evaluate products and present findings to the team.
- Supporting the Sales team with inputs regarding Products, Markets, Strategic Initiatives, MIS, Operational aspects etc.
- Development & support on future digital projects, which will help the business to have a digital transformation and ease of business. (e.g., Digital MF KYC, Digital application processes, WhatsApp integration, etc.)
- Ensure compliance with Regulatory requirements.
- To implement relevant strategic & tactical management initiatives.
- To support the Sales channel by assisting them with timely reverts on their MIS-related queries and accompanying them for meetings if required.
- To analyze and data mine to generate relevant reports and outputs that impact business decisions.
- To manage product-related MIS & analytics.
- Portfolio analysis for existing & prospective clients.
- Cash Flow Analysis for existing & prospective clients.
Experience & Requirements:
- Work Experience of 6+ Years in the Product department of a Wealth outfit
- Postgraduate with relevant work experience in managing Third Party Products.