Product Head - Private Bank

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