Job Description
Assistant Vice President (AVP) / Senior Manager Product Manager (Index Products)
Department: Index Products / Research
Location: Mumbai
Role Purpose
The Product Manager Index Products will be responsible for the design, development, governance, and lifecycle management of commodity indices and index-linked products. The role involves benchmark creation, regulatory coordination, ecosystem partnerships, and supporting the launch of index-linked futures, options, and ETFs in a regulated market environment.
Designation & Experience
- Assistant Vice President (AVP): 1417 years of relevant experience
- Senior Manager (SM): 1014 years of relevant experience
Qualifications
- Postgraduate degree in Finance, Economics, Engineering, or Mathematics
- Experience working with index providers, exchanges, or quantitative investment teams is desirable
Key Responsibilities
1. Index Design & Development
- Lead the creation of proprietary and strategic commodity indices across sectors such as bullion, energy, ferrous metals, and agriculture
- Define and document index methodologies, including commodity selection, weighting schemes, rebalancing frequency, liquidity filters, and roll mechanisms
- Benchmark index frameworks against global best practices to ensure indices are investable, hedgeable, and credible
2. Productization of Indices
- Support the conversion of indices into tradeable instruments such as index futures, options, and ETFs
- Coordinate with internal teams to align index-linked products with exchange systems, clearing requirements, and surveillance frameworks
- Support ETF issuers and structured product partners through index licensing and customized index design
3. Regulatory & Governance Compliance
- Prepare and maintain index methodology documents, governance policies, and change management protocols
- Coordinate regulatory submissions and approvals in line with benchmark regulations and governance standards
- Ensure transparency, auditability, and compliance across all indices under the index governance framework
4. Market Research & Backtesting
- Conduct historical backtesting and performance analysis for proposed indices
- Analyze market behavior, volatility, correlations, and hedging effectiveness
- Maintain historical datasets, analytical notes, and index whitepapers
5. Stakeholder Engagement & Market Education
- Engage with institutional investors, asset managers, brokers, and portfolio managers to promote index-linked products
- Partner with external institutions, index providers, or research organizations for co-branded indices and joint research initiatives
- Drive educational programs and outreach initiatives to enhance awareness of commodity indices and passive investment strategies
6. Data Management & Technical Coordination
- Collaborate with technology and data teams for index calculation, publication, and dissemination
- Ensure availability of real-time index feeds and historical data through terminals, APIs, and web platforms
- Manage relationships with index calculation vendors and data distribution partners, where applicable
Skills & Competencies
Technical & Analytical Skills
- Strong understanding of financial index construction methodologies
- Hands-on experience with Excel, Python, R, or MATLAB
- Proficiency with financial data platforms such as Bloomberg or Refinitiv
Regulatory Knowledge
- Familiarity with benchmark regulations and global index governance principles
Behavioral & Leadership Skills
- Strong research orientation and analytical thinking
- Ability to work across cross-functional teams
- Excellent communication, documentation, and presentation skills
Certifications (Preferred, Not Mandatory)
- CFA or FRM
- NISM or other relevant regulatory certifications
Candidate Profile
An industry professional with extensive experience in research-driven index design, development, and lifecycle management of commodity indices and index-linked offerings within a regulated financial market environment.
Interested Candidates Can Share Their Updated Resume:- [Confidential Information]
