Competition Risk - 3-5 Yrs
ITC LimitedJob Highlights
Required Skills
Job Description
Role Summary: ITC Limited is seeking an experienced Competition Risk professional to join our team in Bhubaneshwar. This role will be responsible for identifying, assessing, and mitigating competition-related risks within our extensive food processing business operations in India. The ideal candidate will possess a strong understanding of market dynamics, regulatory landscapes, and competitive strategies to safeguard ITC's market position and ensure compliance.
Key Responsibilities:
- Conduct in-depth analysis of market competition, competitor strategies, and potential disruptive forces impacting the food processing sector.
- Develop and implement frameworks for monitoring and assessing competition risks across various product categories and geographies.
- Advise business units on potential competition law implications of strategic decisions, pricing, and market entry/exit.
- Collaborate with legal, strategy, and operations teams to develop mitigation plans for identified risks.
- Stay abreast of evolving regulatory changes and policy shifts related to competition in India and relevant international markets.
- Prepare reports and presentations for senior management on competition risk assessments and mitigation strategies.
- Develop and deliver training programs on competition awareness for relevant stakeholders.
- Monitor and analyze competitor pricing, promotional activities, and market share trends.
About ITC Limited
ITC Limited is a diversified conglomerate with a significant presence in India's Fast-Moving Consumer Goods (FMCG) sector, including a strong portfolio in the food processing industry. Established in 1910, ITC has grown to become one of India's most respected and valuable multi-business enterprises. The company's food division offers a wide range of products including branded packaged foods, staples, and dairy products, catering to millions of Indian households. ITC is committed to sustainable business practices and has a robust supply chain network across the country, including significant operations in food processing.
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