At a Glance
- Tasks: Lead innovative product development and manage fund ranges across UK and Europe.
- Company: Join Schroders, a global investment manager with over 200 years of experience.
- Benefits: Flexible working environment, diverse culture, and opportunities for professional growth.
- Why this job: Make a real impact by creating products that delight clients and drive innovation.
- Qualifications: Strong communication skills and a passion for learning new technologies like AI.
- Other info: Be part of a dynamic team focused on collaboration and client success.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Job Description
Product Development Executive/Manager
Who we're looking for
We are looking for someone who is proactive and innovative and who has a strong focus on understanding and meeting client needs to enhance our value proposition to ensure that our products and services are tailored to deliver good client outcomes and delight our clients.
Working with the senior leadership of the Product Development Team and Product Development Managers the successful candidate will support business growth by developing and managing UCITS funds and AIFs across multiple fund ranges in UK and Europe on product developments which are tied to Schroders' priorities. The candidate will also proactively partner collaboratively with colleagues in multiple functions including Client Group, Investment, Operations, Legal, Risk and Compliance to evaluate the impact of regulatory change and other strategic product development related initiatives across Schroders' products.
The successful candidate will ideally have experience as a product professional or have other equivalent experience which meets the required skill set. UK and Luxembourg authorised funds experience is desirable.
Someone with a keen interest in leveraging new technologies, including AI, to drive innovation and improve team effectiveness.
This role could be at Manager or Executive level, depending on the individual.
About Schroders
We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 6,000 people on six continents. And we've been around for over 200 years but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.
The base
We moved into our new HQ in the City of London in 2018. We're close to our clients, in the heart of the UK's financial centre and we have everything we need to work flexibly.
The team
The Product Development Team is responsible for co-ordinating the development of new products and on-going range management for our UK and European fund ranges including taking the responsibly for prospectus and regulatory submissions:
- Development – taking ownership of the development cycle from initial concept, through detailed design, build and launch.
- Management – ongoing product range management to ensure existing products are fit for purpose. To the extent that changes or issues are identified, formulating action plans to ensure appropriate action is taken.
- Prospectus & Regulatory Submissions – co-ordinate and are responsible for all prospectus amendments for regulatory filings and managing all associated documentation.
- Create value for Schroders Shareholders – delight our clients by developing new and innovative products at speed and sharing Product insights with the Client Group and clients.
What you'll do
- Lead the development of new products launches with an emphasis on Luxembourg, UK and Irish funds.
- Lead the fund ranges. Main activities will include prospectus updates, fund mergers and changes.
- Actively engage with Client Group (and clients) to understand their needs and ensure our products and services meet their expectations.
- Work with Investment desks, Client Group & Marketing, Operations, Compliance, Risk, Legal and Finance teams to ensure adequate support for the product launches and changes.
- Maintain awareness of competitor, regulatory and market developments.
- Actively contribute and lead on ad hoc work and strategic projects as they arise.
The knowledge, experience and qualifications you need
- Excellent written and verbal communication.
- Excellent attention to detail.
- A strong interest in and willingness to learn and implement new technologies, including AI, to improve PD processes and client outcomes.
- Demonstratable delivery focused organisational/prioritisation and project management skills.
- Flexibility to multitask across multiple fund ranges and asset classes.
- Knowledge/experience of the investment management and/or funds/asset management industry is preferred, but not essential.
The knowledge, experience and qualifications that'll help
- Qualifications within investment/asset management e.g. IMC, CAIA, CFA etc.
- Wider experience within investment/asset management business.
- Experience with AI or other innovative technologies.
- Knowledge of developing and maintaining authorised fund products and unauthorised fund products.
- A broad understanding of securities and instruments, portfolio management techniques, investment processes, and investment management products.
- Knowledge of sustainable regulations (eg SFDR & SDR) and sustainable implementation within a product role.
- A broad understanding of the legal and regulatory risks associated with the financial services industry and applicable FCA and CSSF regulation.
- Positive attitude; genuinely pro-active and keen to take responsibility.
What you'll be like
- Creative with a strong desire to improve and refine the role.
- Innovative and open to adopting new technologies and methodologies to enhance product offerings and client outcomes.
- A keen sense of team spirit.
- Strong interpersonal skills including the ability to build strong relationships around the business.
We recognise potential, whoever you are
Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought facilitated by an inclusive culture will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer: you are welcome here regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background or any other protected characteristics
About Us
We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 6,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.
Product Development Executive - Schroders employer: Schroders
Contact Detail:
Schroders Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Development Executive - Schroders
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Schroders. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by understanding Schroders' values and recent developments. Show us how your skills align with their goals, especially around innovation and client satisfaction.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience fits into the role of Product Development Executive. Highlight your proactive approach and any tech-savvy skills you have, especially with AI.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're serious about joining the team at Schroders.
We think you need these skills to ace Product Development Executive - Schroders
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight how your skills and experiences align with the role of Product Development Executive. We want to see how you can meet client needs and enhance our value proposition!
Showcase Your Communication Skills: Since excellent written and verbal communication is key for this role, don’t shy away from demonstrating these skills in your application. Use clear, concise language and make your points stand out!
Highlight Your Innovative Side: We’re looking for someone who’s proactive and innovative, so be sure to mention any experience you have with new technologies, especially AI. Show us how you’ve leveraged tech to drive improvements in your previous roles.
Apply Through Our Website: For the best chance of success, apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role as quickly as possible!
How to prepare for a job interview at Schroders
✨Know Your Products Inside Out
Before the interview, make sure you have a solid understanding of the products and services offered by Schroders. Familiarise yourself with their UCITS funds and AIFs, and be ready to discuss how you can enhance their value proposition to meet client needs.
✨Showcase Your Collaborative Spirit
This role requires working closely with various teams. Prepare examples of past experiences where you've successfully collaborated with different departments, such as Investment, Operations, or Compliance, to achieve a common goal. Highlight your ability to build strong relationships.
✨Emphasise Your Innovative Mindset
Schroders is looking for someone who is proactive and innovative. Be prepared to discuss how you've leveraged new technologies, like AI, in previous roles to drive product development or improve processes. Share specific instances where your creativity led to successful outcomes.
✨Stay Updated on Market Trends
Demonstrate your awareness of current market developments, regulatory changes, and competitor activities. Research recent trends in the investment management industry and be ready to discuss how these could impact Schroders' product offerings and client satisfaction.