Director, Product Development Boston, Massachusetts, United States
Director, Product Development Boston, Massachusetts, United States

Director, Product Development Boston, Massachusetts, United States

London Full-Time 72000 - 108000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead global fund strategy and oversee product development for Acadian's investment offerings.
  • Company: Acadian Asset Management is a leading investment firm managing $120 billion globally.
  • Benefits: Enjoy a hybrid work environment, casual office culture, and top-notch professional development opportunities.
  • Why this job: Join a diverse team that values innovation, collaboration, and transparency in a dynamic industry.
  • Qualifications: Requires a Bachelor's degree, 12+ years in asset management, and strong analytical skills.
  • Other info: Candidates with disabilities are encouraged to apply and will receive necessary accommodations.

The predicted salary is between 72000 - 108000 £ per year.

Acadian Asset Management LLC is a Boston-headquartered investment management firm with wholly owned affiliates located in Singapore, London, and Sydney. As of September 30, 2024 the firm managed approximately US$120 billion on behalf of major pension funds, endowments, foundations, governments, and other investors based in the U.S. and abroad.

Position Overview: The Director, Product Development will play a critical role in leading and overseeing Acadian’s global funds strategy, ensuring alignment with financial, operational, and legal standards while supporting business growth. This leader will serve as a subject matter expert, engaging with clients, managing service providers, and collaborating with cross-functional teams to drive strategic initiatives and innovation. Additionally, the Director will manage and develop the funds team to achieve excellence in fund management and commercialization. Acadian supports a hybrid work environment, employees are on-site in the Boston office 3 days a week.

What You’ll Do:

  • Direct the strategic development of Acadian’s global fund range, positioning them as a key component of the organization’s client strategy ensuring competitiveness and operational efficiency across vehicles.
  • Engage with clients as a fund-related subject matter expert on structures, policies, market trends and regulatory developments to enhance their understanding and engagement with Acadian’s funds.
  • Commercialize investment strategies working closely with client and investment teams to prioritize and rationalize Acadian funds offering in a competitive institutional investment market.
  • Drive effective project management for fund launches applying a structured process and collaborating with legal, operations, investments, finance and client colleagues.
  • Lead, mentor, and develop the funds team, fostering a collaborative and high-performing culture focused on excellence in fund management.
  • Analyze key fund financial metrics regarding revenue and costs in evaluation of management fees, operational expenses, rebates, performance fees and distribution related service payments to ensure market alignment.
  • Manage fund service providers through management of board relations, fund administration, alignment with support of product and distribution objectives, oversight of service providers, and management of fund expenses.

We’re Looking for Teammates With:

  • Bachelors degree with a strong academic record in engineering, mathematics, finance, economics, or a related discipline. CFA preferred.
  • 12+ years of relevant work experience within asset management product development, management consulting, internal strategy and strategic projects, analytics, or equivalent.
  • Knowledge and expertise with global institutional investors and global investment vehicles (UCITS, mutual funds, Cayman / Delaware private funds, collective investment trusts).
  • Experience managing a global fund range and knowledge of associated regional requirements and governance expectations – and will be able to lead and support the Funds Management teams in all regions.
  • Excellent analytical / conceptual problem-solving skills with ability to leverage quantitative and qualitative approaches to develop actionable recommendations.
  • Exemplary written and verbal communication skills, including experience with presentation development and delivery and project management.
  • Prior experience leading and mentoring teams.
  • Demonstration of high intellectual capacity and curiosity. Strong work ethic (takes ownership), self-starter and quick-study mentality; ability to work independently yet also lead and inspire cross-functional teams.

Why Work Here: Acadian is a quantitative investment firm where ideas are empowered by technology. Our team is made up of a diverse mix of professionals who thrive in a culture that fosters ingenuity through collaboration and transparency. We offer a casual office environment, top-notch benefits, and excellent professional and personal development opportunities.

Director, Product Development Boston, Massachusetts, United States employer: Acadian Asset

Acadian Asset Management is an exceptional employer located in the vibrant city of Boston, offering a dynamic work environment that champions innovation and collaboration. With a strong commitment to employee development, Acadian provides top-notch benefits and fosters a culture of transparency and inclusivity, making it an ideal place for professionals seeking meaningful growth in the investment management sector.
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Contact Detail:

Acadian Asset Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Director, Product Development Boston, Massachusetts, United States

✨Tip Number 1

Familiarise yourself with Acadian's global fund strategies and recent developments in the asset management industry. This knowledge will help you engage confidently with interviewers and demonstrate your understanding of their business.

✨Tip Number 2

Network with professionals in the asset management field, especially those who have experience with global institutional investors. Building these connections can provide valuable insights and potentially lead to referrals for the position.

✨Tip Number 3

Prepare to discuss your leadership style and experiences in mentoring teams. Highlight specific examples where you've successfully led cross-functional projects, as this aligns closely with the responsibilities of the Director role.

✨Tip Number 4

Stay updated on regulatory developments and market trends affecting global investment vehicles. Being well-informed will not only enhance your discussions during interviews but also show your commitment to the role and the firm.

We think you need these skills to ace Director, Product Development Boston, Massachusetts, United States

Strategic Development
Fund Management
Client Engagement
Project Management
Financial Analysis
Regulatory Knowledge
Team Leadership
Quantitative and Qualitative Analysis
Communication Skills
Market Research
Mentoring and Coaching
Operational Efficiency
Investment Strategy Commercialisation
Cross-Functional Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure to customise your CV to highlight relevant experience in product development and asset management. Focus on your achievements in leading teams and managing global fund strategies, as these are key aspects of the role.

Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your passion for investment management and your understanding of Acadian's global funds strategy. Use specific examples from your past experiences to demonstrate how you can contribute to their goals.

Highlight Relevant Skills: Emphasise your analytical skills and experience with global institutional investors. Mention any familiarity with different investment vehicles and your ability to manage cross-functional teams effectively.

Showcase Leadership Experience: Since the role involves leading and mentoring a team, be sure to include examples of your leadership style and successes in developing high-performing teams. This will help illustrate your capability to foster a collaborative culture at Acadian.

How to prepare for a job interview at Acadian Asset

✨Showcase Your Expertise

As a Director of Product Development, you'll need to demonstrate your deep understanding of global investment vehicles and asset management. Prepare to discuss your previous experiences in managing fund ranges and how you've navigated regional requirements.

✨Engage with Strategic Insights

Be ready to share your insights on market trends and regulatory developments. This role requires you to be a subject matter expert, so think about how you can articulate your knowledge in a way that shows your strategic thinking and ability to drive innovation.

✨Highlight Leadership Skills

Since this position involves leading and mentoring a team, prepare examples of how you've successfully developed high-performing teams in the past. Discuss your leadership style and how you foster collaboration and excellence within your team.

✨Demonstrate Analytical Acumen

The role requires strong analytical skills, so be prepared to discuss how you've used both quantitative and qualitative approaches to solve complex problems. Bring examples of how your analysis has led to actionable recommendations in previous roles.

Director, Product Development Boston, Massachusetts, United States
Acadian Asset
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  • Director, Product Development Boston, Massachusetts, United States

    London
    Full-Time
    72000 - 108000 £ / year (est.)

    Application deadline: 2027-05-08

  • A

    Acadian Asset

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