Head of Product wealth management
2 days ago
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
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