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Senior Product Manager - Mutual Funds

Senior Product Manager - Mutual Funds

Aditya Birla Group
Fresher
Not Disclosed
  • Posted 3 hours ago
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Job Description

Job Description

Role Overview

We are looking for an experienced Senior Product Manager to own and investment products with a strong focus on Mutual Funds. The role will drive product strategy, roadmap, customer journeys, integrations and business outcomes across mobile and web platforms. The ideal candidate will have hands-on product management experience in a digital investment platform, wealth-tech company, fintech, bank or broking environment, and a strong understanding of the mutual fund investment lifecycle.

Key Responsibilities

1. Mutual Fund Product Ownership

  • Own the end-to-end mutual fund product lifecycle across discovery, investment, servicing and portfolio management.
  • Drive digital journeys for onboarding, KYC, risk profiling, lumpsum investments, SIP registration, mandate setup, purchase, redemption, switch, cancellation, SIP pause/modify and transaction tracking.
  • Build and enhance fund discovery, scheme details, comparison, filters, portfolio views, performance analytics, goal-based investing and investor education features.
  • Work on integrations with AMCs, RTAs, BSE StAR MF / relevant transaction platforms, payment gateways, banks and other ecosystem partners, as applicable.
  • Improve funnel conversion, transaction success, SIP activation, repeat investments, AUM growth and customer retention.
  • Ensure a seamless experience across direct and regular mutual fund propositions, where applicable.

2. Digital Product Strategy & Execution

  • Define product vision, strategy, roadmap, prioritisation and success metrics in line with business objectives and customer needs.
  • Translate business requirements into BRDs, product requirement documents, user stories, use cases, process flows and acceptance criteria.
  • Drive product discovery through customer insights, data analysis, market research and competitor benchmarking.
  • Partner with UX/UI, engineering, QA, operations, compliance and business teams to deliver scalable and intuitive digital experiences.
  • Lead sprint planning, backlog prioritisation, UAT, release management and post-launch monitoring.

3. Wealth & Investment Products

  • Work across adjacent investment products such as equities, ETFs, fixed deposits, bonds, NCDs, NPS, digital gold, PMS and AIFs, based on business priorities.
  • Identify opportunities to create integrated investment journeys, cross-sell relevant products and improve customer lifetime value.
  • Collaborate with AMCs, banks, brokers, fintech partners and vendors for product launches and platform integrations.

4. Analytics & Business Growth

  • Define and track KPIs including visitor-to-investor conversion, KYC completion, SIP registrations, mandate success, order success, AUM, active investors and repeat transaction rates.
  • Analyse customer behaviour, funnel drop-offs, cohorts and product usage to identify growth and experience improvements.
  • Use experimentation, A/B testing and data-led prioritisation to optimise product journeys.
  • Prepare product performance dashboards and business reviews for senior stakeholders.

5. Regulatory, Risk & Compliance

  • Work with compliance, legal and operations teams to translate applicable SEBI, AMFI, AMCs, RTA and other regulatory requirements into product features and controls.
  • Ensure appropriate disclosures, risk profiling, suitability, consent, audit trails and transaction controls are incorporated into customer journeys.
  • Support regulatory change implementation, issue resolution and applicable reporting requirements.

Required Experience & Skills

  • 10-14 years of overall experience, with substantial hands-on product management experience in mutual funds or digital investment platforms.
  • Strong understanding of the mutual fund lifecycle, including onboarding/KYC, fund discovery, purchase, SIP, mandates, redemption, switch, portfolio tracking and servicing.
  • Experience owning digital products on mobile apps and/or web platforms, preferably in a high-volume consumer fintech or wealth-tech environment.
  • Ability to define product strategy, write clear requirements, prioritise roadmaps and deliver measurable business outcomes.
  • Experience working with engineering, design, QA, operations, compliance, business teams and external technology partners.
  • Strong product analytics, funnel analysis, problem-solving, stakeholder management and communication skills.
  • Working knowledge of APIs, payment flows, integrations, Agile delivery and UAT.

Preferred Company Background

Candidates from digital investment, wealth-tech, fintech, discount broking and online mutual fund platforms will be strongly preferred. Relevant target organisations may include:

  • Groww
  • Zerodha (especially Coin / mutual fund product teams)
  • ET Money
  • INDmoney
  • Kuvera
  • Paytm Money
  • Upstox
  • Angel One
  • FundsIndia
  • Scripbox
  • Other comparable digital wealth or mutual fund investment platforms.

Important: Prior experience in one of the above companies is a sourcing preference, not a substitute for relevant product ownership. Candidates must have directly worked on mutual fund product features, journeys or platform enhancements. Experience limited to sales, relationship management, distribution or back-office operations without digital product ownership would not be sufficient for this role.

Educational Qualifications

  • MBA / PGDM / MFM or postgraduate qualification in Finance, Management, Technology or a related discipline preferred.
  • NISM or other relevant capital markets / mutual fund certifications will be an advantage.

Key Performance Indicators

  • Growth in mutual fund investors, AUM and SIP registrations.
  • Improvement in onboarding, KYC, mandate and transaction conversion rates.
  • Order success rate, journey completion and reduction in customer drop-offs.
  • Feature adoption, active usage, repeat investments and customer retention.
  • On-time delivery of roadmap commitments and quality of product releases.
  • Regulatory readiness and timely implementation of compliance requirements.

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