Product Manager

Religare Broking (RBL); Mumbai; Presencial; INR 1 500 000 - 2 100 000; Tempo integral

Resumo da oferta

Religare Broking (RBL) seeks a Product Manager to own the end-to-end lifecycle of its investment product portfolio, including mutual funds, PMS/AIF, MLDs, and unlisted products. This role covers onboarding, growth, training of sales teams, and regulatory compliance across the portfolio.

You will lead product positioning, collateral development, and campaigns with Marketing, while tracking MIS, performance, and pipeline to provide insights to the Product Head.

Qualificações

• Graduate in Commerce, Finance, Economics or a related field.
• MBA/PGDM (Finance) or CA/CFA preferred.
• 6–10 years of experience in wealth management, broking or distribution of investment products.
• At least 3 years in a product or product-management role.
• Sound knowledge of SEBI and AMFI regulations applicable to distribution.
• Valid NISM Series V-A certification; other relevant NISM certifications preferred.

Responsabilidades

• Onboard AMCs, PMS/AIF managers, MLD issuers and unlisted product providers.
• Conduct product and partner due diligence, including track record, risk profile, fee structure and documentation.
• Negotiate commercial terms and manage empanelment, agreements and renewals.
• Coordinate with Operations, Technology and Legal for system set-up, product mapping and go-live.
• Drive AUM, revenue and client penetration targets for each product category.
• Develop product positioning, sales pitches, collateral and campaigns in coordination with Marketing.
• Track business MIS, product performance and pipeline, and present insights and recommendations to the Product Head.
• Work with sales and relationship teams to resolve bottlenecks and improve conversion.
• Design and deliver regular product, process and regulatory training for RMs, dealers and sales teams.
• Keep the teams updated on new launches, product changes, market developments and regulatory updates.
• Support teams with client-facing queries and structured product discussions.
• Track training coverage and the certification status of the relevant teams.
• Ensure all products and processes comply with SEBI, AMFI, exchange and other applicable regulations and internal policies.
• Maintain adherence on suitability, risk profiling, disclosures, advertising and marketing guidelines, and the execution-only versus advisory distinction.
• Ensure statutory and internal certification requirements (such as NISM/AMFI) are met for staff involved in distribution.
• Support internal audits, regulatory inspections and compliance reviews, including preparing responses and closing observations on time.
• Review product literature, communications and client documentation with Compliance before release.
• Monitor complaints and escalations related to products and drive corrective action.
• Work with Operations, Technology, Risk, Compliance, Legal and Customer Service to improve product processes and client experience.
• Contribute to the product roadmap, new product evaluation and process improvements.

Conhecimentos

Analytical thinking

Commercial acumen

Negotiation skills

Presentation skills

Communication skills

MS Excel

PowerPoint

Data-driven decisions

Formação académica

Graduate in Commerce/Finance/Economics

MBA/PGDM (Finance) or CA/CFA preferred

Ferramentas

MS Excel

PowerPoint

MIS tools

Descrição da oferta de emprego

Role Summary

The Product Manager will own the end-to-end lifecycle of the investment products portfolio, covering Mutual Funds, PMS/AIF, Market Linked Debentures (MLDs), Unlisted Products and other third-party distribution products. The role covers product onboarding, business growth, training of the sales and relationship teams, and regulatory and internal compliance across the portfolio.

Key Responsibilities

1. Product Onboarding & Partner Management

• Identify, evaluate and onboard AMCs, PMS/AIF managers, MLD issuers and unlisted product providers.
• Conduct product and partner due diligence, including track record, risk profile, fee structure and documentation.
• Negotiate commercial terms and manage empanelment, agreements and renewals.
• Coordinate with Operations, Technology and Legal for system set-up, product mapping and go-live.

2. Product Growth & Business Performance

• Drive AUM, revenue and client penetration targets for each product category.
• Develop product positioning, sales pitches, collateral and campaigns in coordination with Marketing.
• Track business MIS, product performance and pipeline, and present insights and recommendations to the Product Head.
• Work with sales and relationship teams to resolve bottlenecks and improve conversion.

3. Training & Team Enablement

• Design and deliver regular product, process and regulatory training for RMs, dealers and sales teams.
• Keep the teams updated on new launches, product changes, market developments and regulatory updates.
• Support teams with client-facing queries and structured product discussions.
• Track training coverage and the certification status of the relevant teams.

4. Compliance & Risk Governance

• Ensure all products and processes comply with SEBI, AMFI, exchange and other applicable regulations and internal policies.
• Maintain adherence on suitability, risk profiling, disclosures, advertising and marketing guidelines, and the execution-only versus advisory distinction.
• Ensure statutory and internal certification requirements (such as NISM/AMFI) are met for staff involved in distribution.
• Support internal audits, regulatory inspections and compliance reviews, including preparing responses and closing observations on time.
• Review product literature, communications and client documentation with Compliance before release.
• Monitor complaints and escalations related to products and drive corrective action.

5. Process & Cross-Functional Coordination

• Work with Operations, Technology, Risk, Compliance, Legal and Customer Service to improve product processes and client experience.
• Contribute to the product roadmap, new product evaluation and process improvements.

Required Qualifications & Experience

• Graduate in Commerce, Finance, Economics or a related field. MBA/PGDM (Finance) or CA/CFA preferred.
• 6 to 10 years of experience in wealth management, broking or distribution of investment products, with at least 3 years in a product or product-management role.
• Working knowledge of Mutual Funds, PMS/AIF, MLDs and Unlisted Products, including structures, taxation and risk characteristics.
• Sound understanding of SEBI and AMFI regulations applicable to distribution.
• Valid NISM Series V-A certification; other relevant NISM certifications preferred.

Key Skills & Competencies

• Strong analytical, commercial and negotiation skills
• Excellent presentation and communication skills, with the ability to train and influence large teams
• Strong compliance orientation and attention to detail
• Stakeholder management across business, operations and compliance functions
• Proficiency in MS Excel and PowerPoint, and comfort with MIS and data-driven decision making
• Ownership mindset and the ability to work independently under deadlines