Product Manager-Mutual Fund

Job Description

Job Requirements

About the Role

The Product Manager – Mutual Fund will be responsible for managing and expanding the investment product suite, including Mutual Funds (MF), Portfolio Management Services (PMS), and Alternative Investment Funds (AIF). The role involves onboarding new products, conducting due diligence, ensuring regulatory compliance, and building financial planning models. The incumbent will also manage relationships with Asset Management Companies (AMCs), third-party product providers, and internal stakeholders to drive product innovation and investor engagement.

Key Responsibilities

Primary Responsibilities

Onboard new investment products (MF, PMS, AIF) through evaluation, due diligence, suitability assessment, commercial negotiations, and process setup.
Manage relationships with AMCs, third-party product providers, and internal business partners.
Ensure adherence to legal and compliance requirements for all investment products.
Participate in fund manager calls and contribute insights where relevant.
Ideate and propose enhancements to the product basket to meet evolving customer needs.
Maintain high standards of internal and external communication
Data Analytics – Investment AUM and Sales across products and by different channels like Private Banking, Branches, NR, etc.
Revenue Analysis and Improvisation – Trail book analysis and identify opportunities to improve income. Brokerage on investment products to be monitored and improvised.
Collate and update weekly/monthly reports and presentations for internal stakeholders.

Secondary Responsibilities

Work closely with Analytics team for MIS / Dashboards and platform enhancements to improve product visibility and operational efficiency.
Support satisfactory completion of regulatory audits and compliances (EUIN, etc).
Run investor education campaigns and assist in awareness initiatives.

What We Are Looking For

Education

Postgraduation: CA / CFA / MBA / PGDM (Finance)

Experience

Minimum 5 years of relevant experience in banking, wealth management, or asset management companies (AMCs).
Prior experience in product management or investment advisory is preferred.

Skills and Attributes

Strong knowledge of mutual funds; familiarity with PMS and AIF is a plus.
Excellent verbal and written communication skills.
Proficiency in financial modeling and Excel automation.
Self-starter with a proactive and motivated approach.
In-depth understanding of investment products across asset classes.
Ability to manage multiple stakeholders and deliver high-quality outcomes.

Frequently Asked Questions

What are the eligibility criteria for the Product Manager-Mutual Fund job at IDFC FIRST Bank?

Eligibility typically includes the qualifications and experience outlined in the job description above, with around 5-10 Years years of relevant experience expected for this role.

What are the primary responsibilities of a Product Manager-Mutual Fund at IDFC FIRST Bank?

The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Product Manager-Mutual Fund at IDFC FIRST Bank.

Is prior experience required for this position?

This role requires around 5-10 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.

What skills are important for this role?

Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.

How do I apply for the Product Manager-Mutual Fund role at IDFC FIRST Bank?

You can apply directly using the Apply Now button on this page, which will take you to IDFC FIRST Bank's application process for this role.

IDFC FIRST Bank — Mumbai, MUMBAI