At a Glance
- Tasks: Lead product management and governance for Vanguard Europe's fund ranges, ensuring strong client outcomes.
- Company: Join Vanguard, a leading investment management company with a focus on client success.
- Benefits: Competitive salary, professional development opportunities, and a supportive team environment.
- Other info: Dynamic role with opportunities for career growth and cross-functional collaboration.
- Why this job: Make a real impact in investment management while developing your leadership skills.
- Qualifications: Undergraduate degree and 5-7 years of relevant experience in product management.
The predicted salary is between 70000 - 90000 £ per year.
Leads the Product Management and Governance activities across Vanguard Europe's existing fund ranges. The role supports the oversight, health, and ongoing management (including tactical and strategic fund amendments) of the European fund range, working with partners to ensure strong client outcomes.
Core Responsibilities
- Team leadership and capability development: leads a small team responsible for day-to-day delivery across product management and governance activities, providing direction, coaching, and quality oversight for analysts and associates as applicable. Establishes clear priorities, ways of working, and development support, contributing to an inclusive culture that values sound judgement, collaboration, and ownership.
- Product governance and fund oversight: leads key elements of the product governance framework for Vanguard Europe funds, ensuring robust oversight across performance, risk, compliance, costs, and client outcomes. Supports engagement with Fund Boards, management companies, and governance committees on matters relating to existing funds, partnering closely with Company Secretariat on board materials and decision support. Helps ensure fund governance activities meet regulatory expectations across relevant European and other international UCITS jurisdictions.
- Ongoing fund management and fund health: drives the ongoing management of existing fund ranges, supporting clear accountability for fund health, sustainability, and client value. Leads the identification, assessment, and remediation of fund health issues, including underperformance, scale challenges, or structural concerns. Coordinates fund closure activity where required, ensuring controlled execution and strong client and regulatory outcomes.
- Assessments of Value and Fund Value Assessments: leads delivery and governance of Assessments of Value and Fund Value Assessments across the European fund range. Ensures assessments are analytically robust, client-focused, and clearly articulated for Boards and senior stakeholders. Drives actions arising from AoV and FVA outcomes and ensures progress is tracked and evidenced.
- Regulatory change delivery: supports regulatory change impacting existing funds, including impact assessment, solution design, and delivery through to implementation. Partners with Legal, Compliance, Regulatory Operations, Risk, and Investments to help ensure requirements are interpreted consistently and implemented effectively. Helps ensure regulatory-driven fund changes are prioritised appropriately and delivered in a controlled and timely manner.
- Fund changes, amendments and structural evolution: leads analysis, coordination, and governance support for material fund changes, including benchmark changes, fee changes, investment objective updates, and structural amendments. Ensures proposed changes are supported by clear rationale, robust analysis, and appropriate governance approvals. Balances regulatory, commercial, and client considerations in shaping recommendations.
- Stakeholder partnership and influence: partners with Investments, Distribution, Marketing, Operations, Risk, and Legal on matters relating to existing funds and product governance. Provides clear, balanced recommendations grounded in client outcomes, regulatory requirements, and commercial insight.
- Enterprise contribution: contributes to enterprise-wide initiatives, cross-functional programs, and special projects as required. Shares best practice across PRD and supports continuous improvement in governance processes, controls, and reporting.
Qualifications
- Undergraduate degree or equivalent combination of training and experience required. Graduate degree preferred.
- Five to seven years' related work experience, including in product management including amendments, regulatory engagement and a deep understanding of UCITS rules.
- Experience leading workstreams and/or small teams beneficial.
- CFA is desirable but not required.
Manager, Investment Product Management in City of Westminster employer: Vanguard
Vanguard Europe is an exceptional employer, offering a dynamic work environment that fosters collaboration and inclusivity. As a Manager in Investment Product Management, you will lead a dedicated team while benefiting from extensive professional development opportunities and a strong focus on client outcomes. With a commitment to regulatory excellence and innovative fund management, Vanguard provides a unique platform for meaningful contributions in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Manager, Investment Product Management in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment management field and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by researching Vanguard's fund governance and product management strategies. Show us you understand our values and how you can contribute to strong client outcomes. Tailor your responses to highlight your relevant experience!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and boost your confidence. Focus on articulating your leadership style and how you’ve driven successful fund management in the past.
✨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 us you’re genuinely interested in being part of the Vanguard team.
We think you need these skills to ace Manager, Investment Product Management in City of Westminster
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the role of Manager, Investment Product Management. Highlight your product management experience and any leadership roles you've had, as we value strong team leadership and capability development.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about product governance and fund oversight. Show us how your background makes you a great fit for ensuring robust oversight across performance and client outcomes.
Showcase Your Analytical Skills:Since this role involves driving assessments of value and fund health, be sure to highlight any analytical projects or experiences in your application. We want to see how you’ve tackled complex problems and delivered clear, actionable insights.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Vanguard
✨Know Your Product Management Inside Out
Make sure you have a solid understanding of product management principles, especially in the context of investment funds. Brush up on your knowledge of UCITS rules and be ready to discuss how you've applied these in previous roles.
✨Showcase Your Leadership Skills
Since this role involves leading a small team, be prepared to share examples of how you've successfully managed teams in the past. Highlight your coaching style and how you foster an inclusive culture that values collaboration and sound judgement.
✨Prepare for Governance Discussions
Understand the key elements of product governance and be ready to discuss how you've ensured compliance and oversight in your previous positions. Think about specific instances where you've engaged with boards or committees and what outcomes were achieved.
✨Demonstrate Your Analytical Skills
This role requires robust analytical capabilities, especially when it comes to Assessments of Value and Fund Value Assessments. Be prepared to discuss how you've approached similar assessments in the past and the impact of your findings on fund management.