Vice President - Product Management Team - Agri Job in Multi Commodity Exchange Of India Ltd

Vice President - Product Management Team - Agri

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Job Summary
  • Product identification, evaluation and study the suitability of the product as a contract on the futures platform.
  • Work within the Agri team on designing and implementing the contract.
  • Develop and deliver insightful presentations.
  • Track competitors and develop respond strategies.
  • Revisit the product and understand the market dynamics and accordingly realign product strategies.
  • Report to the MD & CEO both historically and forward looking.
  • Ensuring increase of various commodity groups turnover within the Agri domain.
  • Ensuring timely identification of lead physical & futures players in each commodity and to link them with MCX. Work with their team on corporate conversions.
  • Providing all relevant information and clarification to the BD Team and brokers on a commodity or a group of commodities
  • Ensuring popularization of new contracts and revitalizing existing contracts, by suitable modifications in the contracts, wherever required
  • Ensuring smooth coordination with the business development team and agri trade stakeholders for problem identification, networking & feedback
  • Ensuring sending of monthly mailers to all potential users, market participants and relevant internal teams.
  • Representing MCX in key events / seminars / conference related to the agri commodities market
  • Reviewing the performance of the Agri Product team in terms of increase in traded volumes of commodities, new products, quality of research, adherence to timelines, regulatory compliance, market interface, etc.
  • Reviewing the performance of the agri contracts in terms of participation, traded volumes, hedgers added, etc.
  • Monitoring performance with targets and competition under different parameters
  • Monitoring prices, demand & supply factors, global and local news, etc. to stay abreast of markets and latest developments
  • Ensuring smooth Coordination between the Agri Product Team and other internal teams, including the Business Development team
  • Ensuring the spread of knowledge and commodity reports to aid members in doing business
  • Ensuring smooth coordination with the Research team to seek inputs for changes in existing contracts, design of new contracts, launch of new products, etc.
  • Ensuring smooth coordination with the Corporate Communications team to organize events, seminars etc. and with the Marketing Communications team for product marketing activities.
  • Work with the BD team in developing go to market strategy based on product and market knowledge, policies and the present nature of the market.
  • Work with the MCXCCL team for issues relating to warehousing and deliveries of the contracts listed on the Exchange.
  • Ensuring the smooth coordination with other department heads for lead generation, resolution of hedger/member queries/grievances, introduction of best practices for better client servicing etc.
  • Conducting the Product Advisory Committee meetings and acting on the outcomes of the meetings. Complying with all Regulatory guidelines in a timely and proper manner.
  • Any other job deemed fit by the Top Management

Qualification :
Post graduate or Masters Degree in relevant Disciplines
Experience Required :

Minimum 15 Years

Vacancy :

2 - 4 Hires