Jobs, fresher vacancy - Product Strategy & Development Manager • UK

Company: LegalAndGeneral

UK

Job DescriptionThe 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.