Product Development Specialist

Lorraine Hedderman

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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