POSITION:
Product Development Specialist
Play a key role in developing and maintaining a unique product suite
by sourcing and validating new product ideas across a variety of asset classes and managing the product life cycle from product design to launch and ongoing product enhancements.
KEY DETAILS:
REGION: Europe
LOCATION: Munich or London
JOB TYPE: Hybrid
RESPONSIBILITIES:
Key Accountabilities and Scope:
Source, research and validate product ideas
- Conduct extensive research on product ideas and investment strategies across all asset classes
- Be informed on capital market fundamentals, economic outlook, major events and potential impact on market as well as general innovation and trends in asset management
- Build concise business case for ideas, presenting for approval in internal forums
Competitor monitoring
- Maintain and improve a proprietary database to conduct detailed analysis on competitor products, product features and performance
- Monitor asset flows and new product launches periodically and communicate to
- management and firm
- Drive projects to improve competitor monitoring and related data management
Product structuring and development
- Be familiar with different investment wrappers and their differences relative to ETPs in terms of mechanics and strategies delivered
- Be familiar with regulatory environment in relevant markets and asset classes and be able to recommend appropriate product structures and wrapper for certain market
- Work closely with the Product Legal team to draft and structure product documentation
- Assist with new listings and market expansion where required
Be a product specialist
- Be a central point for answering product structure and return profile related questions
- Review performance of products versus competition and to client’s satisfaction
- Explain investment strategies to sales, marketing as well as investors in face to face
- presentation and written materials
- Assist with queries from Research, Sales and Management teams
Overall product life-cycle management
- Assist in the management of the product life cycle from sourcing ideas, through to validation, design, launch, and through to ongoing maintenance and continuous enhancement of existing products
- Identify potential improvements to the existing product platform from a strategy, positioning, or structuring perspective and ensure these are prioritised accordingly
- Enhance processes and internal tools so team members can effectively manage the product life cycle for broad platform and particularly the idea pipeline
- Assist in firm-wide data integration efforts leading to development of sophisticated market intelligence and predictive analytics
Manage cross-departmental projects for new product development and product restructuring
- Develop and maintain project plans for product related projects
- Facilitate communication across project teams by leading regular project meetings
- Follow up on milestones and target delivery dates
- Communicate with relevant stakeholders and keep management informed of progress
Across all areas of engagement, identify and highlight opportunities for improvement
QUALIFICATIONS:
• Degree level education
• 4-8 years experience in a product development, product management or structuring role in asset management or investment banking
• Strong quantitative background
• Breadth of asset class experience (Equities, ETFs, Fixed Income, FX, derivatives and structured products) desirable
• Familiar with project management tools
• Self-starter with ability to equally operate independently and in a team.
SOUND LIKE THE JOB FOR YOU?
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