Investment Product Manager - Wealth Management - Contract
Posted 2 days ago by Rothstein Recruitment
Negotiable
Undetermined
Undetermined
London Area, United Kingdom
Summary: The Investment Product Manager role within Wealth Management is a contract position focused on enhancing the Wealth Proposition through effective management of investment products and services. The successful candidate will collaborate across various teams to conduct product reviews, assess fair value, and ensure compliance with regulatory standards. This position requires a strong background in investment management and the ability to analyze market trends and customer journeys. The role is pivotal in shaping the investment product offerings and ensuring optimal client experiences.
Key Responsibilities:
- Support the Investment Products owner in the development and ongoing management of investment products and solutions.
- Keep the customer proposition team updated on market trends, competitors, and regulatory landscape.
- Understand cost-to-serve and contribute to pricing recommendations for investment product families.
- Be accountable for MI on all investment products and develop a data-led understanding of the customer base.
- Own the customer journey and experience across investment products and solutions.
- Conduct annual end-to-end product reviews, target market reviews, and fair value assessments.
- Establish appropriate controls and test their effectiveness.
Key Skills:
- Solid recent experience in product development/product management in investment or wealth management.
- Strong working knowledge of investments, investment vehicles, and industry trends.
- Experience in developing MI dashboards and performing Fair Value Assessments.
- Knowledge of sustainable/responsible investing and relevant regulations.
- Strong stakeholder management skills and ability to influence at all levels.
- Understanding of regulatory requirements and industry best practices.
- Experience presenting technical and non-technical information to senior audiences.
- Confidence in data analysis and decision-making support.
- Excellent verbal and written communication skills.
- Collaborative and team-oriented approach.
- Ability to work under pressure and prioritize competing deadlines.
Salary (Rate): undetermined
City: London Area
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
Investment Product Manager - Wealth Management - Contract
Excellent opportunity opens for Investment Products Manager to join a growing International Wealth & Asset Manager on a Contract basis. This role offers the possibility to play a key part in shaping and strengthening the Wealth Proposition by redefining robust Periodic Product Reviews and Fair Value Assessments across an established Wealth and Asset Management product and service offering. The ideal candidate will bring strong experience managing investment products and services across funds, segregated portfolios and custody and execution, with the ability to work effectively across product, data, operations, asset management, client, risk and compliance teams.
Main Responsibilities
- Support the Investment Products owner in the development and ongoing management of the investment products and solutions (multi-asset funds, alternative fund, segregated accounts, C&E, Self-select).
- Keep the customer proposition team and wider business up to date on market trends, competitors and the regulatory landscape impacting investment products and solutions and identify opportunities the evolving landscape may present.
- Understand cost-to-serve and the commerciality of each investment product family and contribute to pricing recommendations.
- With the support of data analytics colleagues, be accountable for MI on all investment products and solutions, and develop a detailed, data-led understanding of the existing customer base for investment products and solutions.
- Own the customer journey and experience across investment products and solutions.
- Work with colleagues in the client-facing, operations and second-line teams to review the end-to-end customer journey and ensure that it delivers a best-in-class experience for clients.
- Maintain customer journey documentation.
- In compliance with all regulatory and internal governance requirements, conduct annual end-to-end product reviews, target market reviews and fair value assessments to ensure products remain suitable for the end investor and continues to achieve good customer outcomes; feed outcomes to the relevant forums and be accountable for ensuring that recommendations are followed up.
- Establish appropriate controls and test the effectiveness thereof.
Key Requirements
- Solid recent experience in a product development / product management role the investment management or wealth management industry, with a strong working knowledge of investments, investment vehicles (funds, segregated accounts, etc), industry trends, personal banking investor types and the products / services offered by Wealth Managers in the UK
- Solid experience in developing MI dashboards to monitor Consumer Duty outcomes and in performing Fair Value Assessments and Periodic Product Reviews.
- Knowledge of sustainable / responsible investing, and the relevant regulations (including SDR, SFDR)
- Good understanding of the financial drivers and commercials of wealth management products
- Strong stakeholder management skills, with the ability to influence, work effectively and build relationships at all levels
- Strong understanding of regulatory requirements and industry best practices relevant to the firms products and services including PROD, Consumer Duty, MiFID, COLL, IDD and AIFMD
- Experience presenting technical and non-technical information to senior audiences
- Confidence in analysing and drawing inferences from data; ability to use data to support decision making and recommendations
- Excellent verbal and written communication skills
- Collaborative and team-oriented approach
- Ability to work under pressure, prioritise work and work with competing deadlines
Interested? Please Apply in Investment Products Wealth Management Asset Management Periodic Product Reviews Fair Value Assessments