At a Glance
- Tasks: Lead product management and governance for Vanguard Europe's fund ranges, ensuring client outcomes.
- Company: Join Vanguard, a leader in investment management with a focus on collaboration and inclusivity.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Opportunity for career growth and involvement in enterprise-wide initiatives.
- Why this job: Make a real impact on fund performance and client satisfaction in a dynamic financial landscape.
- Qualifications: Undergraduate degree required; 5-7 years in product management and UCITS rules knowledge preferred.
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 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. Located in a vibrant European hub, Vanguard promotes a culture of sound judgement and ownership, ensuring that employees are empowered to make impactful decisions in the ever-evolving investment landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Manager, Investment Product Management
✨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. A personal recommendation can go a long way in landing that interview.
✨Tip Number 2
Prepare for those 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.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role of Manager, Investment Product Management. Highlight your leadership skills and your ability to drive fund health and sustainability.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Manager, Investment Product Management
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 relevant regulatory knowledge to catch our eye!
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 how your background makes you a perfect fit for our team. Keep it engaging and personal.
Showcase Leadership Skills:Since this role involves leading a small team, be sure to mention any leadership experiences you've had. We love to see examples of how you've coached or developed others in your previous roles.
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’s super easy!
How to prepare for a job interview at Vanguard
✨Know Your Product Inside Out
Make sure you have a solid understanding of Vanguard Europe's fund ranges and the specific products you'll be managing. Familiarise yourself with recent performance metrics, regulatory changes, and any strategic amendments that have been made. This will show your interviewers that you're not just interested in the role but are also proactive about understanding the business.
✨Demonstrate Leadership Skills
Since this role involves leading a small team, be prepared to discuss your leadership style and experiences. Think of examples where you've successfully guided a team through challenges or developed team members' capabilities. Highlight how you foster an inclusive culture and encourage collaboration, as these are key aspects of the job.
✨Prepare for Governance Discussions
Given the emphasis on product governance and oversight, brush up on your knowledge of compliance, risk management, and client outcomes. Be ready to discuss how you would approach fund health assessments and what steps you would take to address underperformance or structural concerns. This will demonstrate your analytical skills and strategic thinking.
✨Engage with Stakeholders
The role requires strong partnerships with various stakeholders. Prepare to talk about your experience working with different teams like Legal, Compliance, and Risk. Share examples of how you've influenced decisions or navigated complex discussions to achieve positive outcomes. This will showcase your ability to collaborate effectively across functions.