POSITION:

Products

Reports to (Position):

VP – Products

Business Unit:

Mutual Fund

Location:

Mumbai

Position 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 current product ideas and white spaces.

· Prepare periodic product reviews:

o AUM trends o Performance vs peers o Profitability metrics o Support 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:

o AMC product teams o Index providers

📌 Deputy Manager/Manager - Products (Mumbai)
🏢 Invesco Mutual Fund
📍 Mumbai