About the role
POSITION:
Products
Reports to (Position):
VP – Products
Business Unit:
Mutual Fund
Location:
MumbaiPosition Purpose:
Support the development, launch, and lifecycle management of passive investment products including ETFs, index funds, and factor strategies. The role will focus on execution, analytics, and cross-functional coordination to build a scalable passive product platform.
Principal Accountabilities:
1. Product Development & Launch Execution
·Support end-to-end launch of passive products:
·Product notes and feasibility analysis
·Benchmark and index evaluation
·Expense modeling and positioning
·Regulatory documentation (SID/KIM, filings)
·Coordinate with internal teams (investments, compliance, ops, legal).
2. Sales & Marketing Enablement
·Create product notes, FAQs, and training material for distribution teams.
·Support sales with data, competitor comparisons, and insights.
·Work with marketing on passive education content.
3. Analytics & Monitoring
·Track key passive metrics
·Tracking error and tracking difference
·Portfolio replication efficiency
·Cash drag and rebalancing impact
·Monitor ETF liquidity, spreads, and volumes.
·Work with market makers and exchanges to improve secondary market efficiency.
4.Product Research
·Conduct market research on:
·Support development of new product ideas and white spaces.
·Prepare periodic product reviews:
oAUM trends
oPerformance vs peers
oProfitability metrics
oSupport product repositioning or rationalization decisions.
Knowledge, Skills, Competencies, and Certifications:
·Strong understanding of passive investing concepts:
·Index methodologies
·Tracking error drivers
·ETF structure and liquidity
·Strong analytical and Excel skills.
·Attention to detail and execution rigor.
·Ability to work across multiple stakeholders
Preferred Industry Experience:
·Min 5 years in asset management, ETFs, passive funds, or product roles.
·Experience with ETFs, index funds, or quant products preferred.
·Candidates from:
oAMC product teams
oIndex providers