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Form of work
SalaryThe 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. We're focused on continuously innovating our investment products, maintaining our reputation as experts across all asset classes, and striving to build a more responsible and sustainable future.
Job Description
- Product initiative design and delivery. With oversight and support from senior management, manage the design and delivery of non-complex 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.
- Ensure the Product Process Manual and Product Lifecycle Management process are followed, and project management tool kit deployed. Ensure products remain regulatory compliant, fund and pre contractual documentation is maintained to the highest standards, and relevant board, committee and regulatory approvals are achieved. Seek to enhance the product range offering on an ongoing basis in line with changing business arrangements, customer expectations and regulations. Engage key stakeholders effectively to optimise proposition development.
- Project management. Scope and design non-complex product changes or launches, data or regulatory change projects using effective project management tools to identify and document key milestones and deliverables, capture actions and issues, run working groups and testing. Identify all risks that may impact successful delivery and manage or mitigate them, escalating as required to resolve them. Coordinate SMEs across the business to ensure active engagement on projects.
- Product governance and compliance. Support the ongoing governance related to LGIM's product ranges, with a particular focus on ESG including governance committee support, process design and enhancement, data, impact assessments and gap analysis. Ensure ongoing use and compliance with Product policies and procedures. Ensure personal adherence to compliance, governance and risk policies and frameworks such that Product activities are carried out consistently with business ethics, values and stakeholder requirements at defined levels of risk. Ensure an ongoing awareness of regulatory-required product governance rules and how they apply to the activities being undertaken.
- 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. Identify opportunities for fund enhancements or where funds should be closed or merged and plan for this activity. Ensure these are completed in line with the Product Process Manual and with due regard to Product Lifecycle Management.
- Product technical support. Deliver focused 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, maintaining an awareness of any knowledge gaps and escalating to SMEs as required.
- Operational engagement. Ensure all relevant operational areas kept informed of new product launches or amendments. Coordinate operational teams as part of scoping, delivery and implementation, and ensure effective engagement with key service providers supporting the product activity. Escalate resourcing challenges, lack of engagement or skills / knowledge gaps to the relevant Product sub-team head. Participate in operational forums.
- Competitors and industry. Review analysis of customer, industry and regulatory activity 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. Build strong relationships with key contacts at service providers.
- Regulatory and product knowledge. Acquire, maintain and share a focused 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. Where relevant, undertake appropriate customer research and product testing to provide assurance that the product / proposition will perform as expected to meet the needs, characteristics, and objectives of customers in the target market
- Degree qualified or equivalent required
- Professional qualifications in relation to the role such as IMC, CFA, CAIA or similar highly desirable
- PRINCE2, Agile or another project management accreditation desirable Knowledge:
- Knowledge of the international asset management industry with experience launching and managing funds in key European jurisdictions
- A good understanding of regulation and technical knowledge of pooled product structures (including UCITS and non-UCITS) across a range of domiciles and jurisdictions Experience:
- Experience in product strategy, development and management
- Previous experience in launching, registering, operating and amending pooled investment funds in European jurisdictions
- Product life cycle management
- Experience in stakeholder engagement; ability to influence and engage across key stakeholders
- Demonstrates high attention to detail and seeks continual improvement and efficiency in delivery of processes
The brand with the brolly is choosing today to change tomorrow.
Since 1836, we've grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.
