Job Summary:
We are looking for a VP within our Product Strategy & Development (PS&D) team. This team is responsible for designing, developing and managing the firm’s global lineup of investment services and products, while considering clients’ evolving needs to identify new opportunities. The candidate will interact with 1) all areas of the client group, 2) across the global PS&D team and 3) a vast part of the firm including investment teams, legal and compliance, global fund administration, operations, PMG, finance, treasury and risk. In addition, the candidate is also expected to support engagement with fund boards, regulators and clients. The candidate will focus on execution of PS&D’s initiatives for AB’s global platform.
Job Description:
Specific responsibilities include but are not limited to:
- Support/Lead cross-functional working group for execution of each product initiative execution
- Develop and maintain high level and detailed implementation plans for each initiative; schedule and lead implementation meetings with tight focused agendas
- Help define and assign project responsibilities to other members of the cross functional team; Monitor progress against target dates and milestones, while providing status updates to management; Identify and help eliminate barriers to project success and escalate issues, as needed
- Facilitate seed investment, as needed
- Support/Lead proposal development, syndication and communication
- Support the development and syndication of term sheets or other materials that identify proposed terms for each product proposal
- Support the development of Board materials and presentations to articulate the finalized proposal of terms for each product proposal and rationale for each
- Consult/review client communications relating to product development, as a subject matter expert on the proposal to hand
- Support maintenance of comprehensive product calendar that provides a comprehensive picture of all initiatives underway
- Support subject matter expert on UCITS [and AIF] platform; closely monitoring trends
- Collaborate with key stakeholders and regional PS&D teams on product needs and establishing a priority list for short, medium and long term
- Understand AB services/products, distribution markets and channels, local regulations and the competitive landscape; ability to support innovation discussions
- Support the ongoing review of the product platform and recommending products for rationalization and/or enhancements
- Monitor changes in product needs to facilitate changes in priorities and/or trade-offs and communicate prioritization changes
- Develop tools to support and evidence decisions made
- Maintain database of PS&D initiatives and keep updated
- Support maintenance of group templates and policies and procedures
- Support reporting of PS&D initiatives to various internal committees, fund boards and management company
Job Qualifictions & Key Attributes:
The ideal candidate should have:
- A degree in Finance/Economics or related filed
- MBA or CFA/CAIA certification is a plus
- At least 8 years' experience in investment management, with a focus on UCITS and product development
- Investment management and financial market knowledge
- Ability to develop a data informed point of view and work collaboratively with diverse range of teams and staff levels
- Strong written and verbal skills
- Having impeccable attention to detail
- Ability to work effectively under pressure with multiple clients (internal and external) while adhering to tight deadlines
- Ability to engage and lead in problem solving
Required Skills:
- Knowledge of regulatory and governance standards for UCITS and important distribution markets
- Understanding of 3rd party research and providers for cross-border business
- Ability to influence and build consensus
- Ability to use Microsoft Office and Salesforce
