Product Strategy & Development Manager

Closing date for applications: 31.05.2024

Recruiter: hannah.davey@landg.com

Grade: 4L

The world of investment is changing. Our vision at Legal & General Investment Management is to create a better, more sustainable future through responsible investing. We work in partnership with our clients around the globe to deliver positive long-term outcomes, while rising to the challenges of a rapidly changing world. Our clients include institutional pension funds, financial institutions, local authorities and sovereign wealth funds. To meet our clients’ complex and evolving investment needs, our investment strategies cover a broad array of asset classes and styles, including equities, bonds, property and alternatives, as well as multi-asset funds. 

The Product Strategy & Development, Public Markets team is a sub-team of Product, responsible for all aspects of product strategy and development LGIM’s funds and products. Their purpose is to design, deliver and management a client-centric offering, enable achievement of LGIM’s overall commercial strategy, and to ensure LGIM’s product activity is in line with regulatory standards and LGIM’s Product Process.  

The role holder will be responsible for supporting the product development and management strategy, as well as supporting implementation of new funds, fund amendments or registrations, to support LGIM’s growth ambitions across different asset classes. The role holder will be a senior technical expert managing the development and design of market leading, competitively differentiated and compliant products and propositions across LGIM's range of funds and vehicles. 

• Product design and delivery. With limited oversight, manage the design and delivery of product initiatives to agreed timescales and budgets such that the needs and expectations of customer groups are met, they comply with regulations, mitigate any potential operational and legal risk exposure of the business, and align with corporate strategy. 
• Project management. Scope and design product launches, using effective project management tools to identify and document key milestones and deliverables, capture actions and issues, run working groups and testing. 
• Product governance and compliance. Ensure ongoing use and compliance with Product policies and procedures. 
• Product reviews. Adhere to the processes in place to regularly assess management and delivery of product risk, fund and thematic reviews. Use existing arrangements, whilst also identifying and implementing process improvements, to review on an ongoing basis the benefits realisation of regulated funds following their launch including continued meeting of customer needs. 
• Product technical support. As a fund domicile / vehicle / platform / asset class or change owner, direct and deliver product technical support on matters such as regulation, tax, customer channels, registrations, disclosures and operational items on both an on-going and project basis to manage existing products to meet the needs of customers. 
• Operational engagement. Ensure all relevant operational areas are both involved in decision making processes around new product launches and informed in advance of new initiatives. 
• Competitors and industry. Review analysis of customer, industry and regulatory activity to assess where strategic new fund launches or strategic fund changes are required to inform proposition design and deliver enhancements, developments and changes to the product offering. 
• Relationship building. Develop close working relationships with key stakeholders of counterparts throughout the business to resolve barriers to the successful achievement of agreed projects. 
• Regulatory and product knowledge. Acquire, maintain and share a broad knowledge of the products and product structures and the application of regulatory guidelines to product governance arrangements, keeping abreast of changes and developments and being able to discuss these in an informed manner. 
• Consumer Duty accountabilities. Design and develop products / propositions that meet the needs, characteristics, and objectives of customers in an identified target market. 

Essential

• Degree qualified or equivalent required
• Strong knowledge of the international asset management industry with experience launching and managing funds across different jurisdictions
• A strong understanding of regulation and strong technical knowledge of pooled product structures (including UCITS and non-UCITS) across a range of domiciles and jurisdictions
• Experience in product strategy, development and management 
• Previous experience in launching, registering, operating and amending pooled investment funds across different jurisdictions 
• Demonstrates high attention to detail and seeks continual improvement and efficiency in delivery of processes
• Product life cycle management
• Experience in stakeholder engagement; ability to influence and engage across key stakeholders
• Experience in project management  

Desirable

• Professional qualifications in relation to the role such as IMC, CFA, CAIA or similar highly desirable 
• PRINCE2, Agile or another project management accreditation desirable 

When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.

If you join us, you’ll get access to some great benefits, including private medical insurance, at least 25 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave. 

You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings. 

Legal & General is a leading financial services organisation, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.  

We’re one of the world's largest asset managers, homebuilders, pension providers and insurers. Connecting to form a unique business model which drives value for our customers and society. And enabling our people to create impact through work that is meaningful and valued.  

If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.  

We strive to be open, mindful, and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs. It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose. 

If you’re open to find out more, we'd love to hear from you.