Assistant Vice President /Vice President- Product Development

Position& Location

VP/AVP- Mumbai

Role Overview

The Assistant Vice President/Vice President of Product Development will be responsible for the entire lifecycle of equity product development, from ideation and research to launch and post-launch management. This role requires a deep understanding of the capital markets, particularly in the equity space, and a strong ability to collaborate with various internal teams and external partners. The ideal candidate will be a strategic thinker with a proven track record of bringing successful financial products to market.

Preferred Profile:

Educational Qualification

Masters of Business Administration, CFA, or other advanced professional designation preferred

Experience

Minimum of 8-12 years of experience in product development within the asset management or financial services industry, with a strong focus on equity/ equity derivatives products.

Key Responsibilities

Product Strategy & Ideation:

• Identify market trends, competitive landscape, and client needs to develop a robust pipeline of new equity/ equity derivatives product ideas, including index funds, ETFs, and actively managed strategies.
• Conduct feasibility studies and business case analyses for new product concepts.
• Analyze regulatory changes and their impact on product development.

Product Development & Launch:

• Lead the end-to-end product development process, from initial concept to final launch.
• Coordinate with legal, compliance, investment management, sales, and marketing teams to ensure a smooth and timely product launch.
• Manage the creation of all necessary product documentation, including prospectuses, fact sheets, and marketing materials.
• Work with index providers, exchanges, and other external partners as required.

Product Management & Maintenance:

• Oversee the performance and positioning of existing equity/ equity derivatives products.
• Develop and implement strategies for product enhancements and rationalization.
• Act as a subject matter expert for the sales team and clients.

Leadership & Collaboration:

• Mentor and guide junior team members.
• Foster strong relationships with internal stakeholders to align product strategy with overall business goals.
• Represent the firm at industry conferences and events.

Technical Expertise

• Demonstrated experience in launching and managing successful financial products.
• Extensive knowledge of equity markets, investment strategies, and various product structures (e.g., mutual funds, ETFs, structured products).

Skills Required

• Excellent analytical, quantitative, and problem-solving skills.
• Strong project management and organizational abilities.
• Exceptional communication and presentation skills.
• Proficiency in financial data platforms (e.g., Bloomberg, Morningstar).
• Ability to work effectively in a fast-paced, collaborative environment.