Support the delivery of an AUM and revenue generating product proposition strategy that ensures the needs and expectations of identified customer groups are met, complies with industry regulations and mitigates any potential operational and legal risks to which the business might be exposed.
Contribute to the design and delivery of product initiatives to agreed timescales and budgets, keeping key stakeholders aware of progress and highlighting matters for resolution as appropriate. To ensure all product developments (including launches, amendments and closures) are innovative and drive clear customer outcomes, whilst being delivered in a compliant and timely way.
Maintain a strong awareness of relevant market activity and work closely with product team colleagues to develop specific visions and strategies that contribute to the future strategic direction of the business. To interface with other internal business areas and external third parties to present, discuss and agree product plans and initiatives both internally and externally to clients and partners and present as required more generally in the industry market place to ensure continuation of market leading status.
Contribute to the definition, development and delivery of a strategy to ensure products are launched and maintained according to the Product Development Model and the Product Lifecycle Management framework so that the needs of the customers are met and in line with Customer Experience and Treating Customers Fairly policies, whilst providing a clear audit trail that can be maintained by the fund governance team.
Assist in regular analysis of customer, industry and regulatory activity, enabling strategic changes to be considered that may affect our existing products and propositions. Assist in the production of business cases where necessary to justify expenditure and thereby ensuring the maintenance of a market leading product proposition. Work with other members of the Product Strategy & Development team to provide input to the planning stage/product proposal to identify the demand, design and impact of a new initiative.
Work with corporate relationships as directed to positively promote products and funds, to identify solutions and maximise the opportunities from new and existing fund and product solutions. To provide detailed product and propositional input at strategic and other key client meetings and in appropriate internal meetings.
Keep abreast of industry and competitor innovations in the Product space, as well as legislative changes through UK's IA (or local market equivalent), HMRC, global 'product related' regulations and corporate relationships to identify consequential product development activity.
Develop working relationships internally to resolve barriers to the achievement of agreed business critical objectives either internally or externally with clients or intermediaries. Review issue status, prioritise and drive through the changes required, making extensive use of negotiation skills, personal expertise and own contact network to achieve the required outcome. To supply technical expertise to internal stakeholders about product structures and processes, attend internal product governance committees as required, and ensure existing products remain appropriate, compliant and legal for the market by co-ordinating changes to existing product structures.
Qualifications, Knowledge and Skills:
Degree qualified or equivalent is essential
Professional qualifications in relation to the role such as IMC, CFA or similar are highly desirable
Prince2 or another project management accreditation is desirable and/or a willingness to study towards
Experience and knowledge of product and proposition design, of strategy and of client needs
Good knowledge of the international asset management industry including investor types, distributional channels, the competitor landscape and an excellent technical knowledge of investment products is essential
Strong technical knowledge of pooled product structures including UCITS and non-UCITS structures across a range of domiciles
Previous experience in establishing, registering, operating and amending pooled funds in a variety of fund domiciles and jurisdictions
Commercial awareness of market dynamics, market evolution and of the competitive landscape to ensure that bundled and unbundled products are well positioned
Industry awareness of the changing regulatory framework, central clearing, forthcoming UCITS changes, etc. would be desirable
Demonstrable track record of contributing to the design of innovative, strategic products
Previous relevant experience in a similar role is expected
Strong Project Management experience is required
Proven delivery track record as part of a proposition and strategy team within a provider, asset manager and/or advisor or consultancy
Excellent communication skills, including the ability to negotiate both internally and externally, and to successfully influence meetings that may have senior stakeholders present
Excellent presentation skills including the ability to articulate and convey concepts and ideas to a senior audience in a clear and compelling manner
Must be delivery focused
High level of resilience
Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003
Internal Number: 5680543
About Randstad Financial & Professional
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