Job Description

Key Responsibilities:

• Product identification, evaluation and study the suitability of the product as a contract on the futures platform.
• Meeting Revenue targets for Agri portfolio
• 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