Product Manager

A Product Manager is a key professional within the financial services industry, responsible for developing, managing, and enhancing products to meet the needs of clients and achieve competitive market positioning. This role involves a blend of financial acumen, strategic planning, market research, and client interaction. Here's a detailed job description for a Product Manager:

Responsibilities

Product Development and Management:

• Design and develop products and strategies that align with the firm's objectives and market demand.
• Oversee the lifecycle of investment products, including launch, ongoing management, and retirement of products.
• Ensure products comply with regulatory requirements and industry standards.

Market Research and Analysis:

• Conduct market research to identify trends, opportunities, and threats in the investment landscape.
• Analyze competitor products, pricing, and strategies to position the firm's products competitively.
• Evaluate the performance of existing products and identify areas for improvement.

Strategy and Planning:

• Develop and implement strategic plans for product lines, including growth strategies, target markets, and sales channels.
• Collaborate with investment teams to align product offerings with investment philosophies and performance objectives.

Client Interaction and Support:

• Engage with clients and key stakeholders to gather feedback and understand their needs and investment objectives.
• Develop and deliver presentations and reports to clients and internal stakeholders regarding product features, benefits, and performance.

Regulatory Compliance and Risk Management:

• Ensure that all products are compliant with relevant laws and regulations.
• Work with risk management teams to identify and mitigate risks associated with product offerings.

Qualifications

• Bachelor’s degree in Finance, Economics, Business Administration, or related field; 
• Proven experience in product management, product development, or a related field within the financial services industry.
• Strong understanding of investment concepts, Financial Market dynamics, and regulatory environment.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to work effectively with diverse teams