Product Development Manager

Ameriprise Financial Services, LLC; Greater London; Hybrid; GBP 75,000 - 110,000; Full time

Job summary

Columbia Threadneedle Investments in London is seeking an experienced European Product Manager to lead the design, development and launch of new products for the European market within the fund range.

You will collaborate with stakeholders across the organisation to deliver strong customer outcomes and commercial success, guiding product lifecycle from pre-launch through post-launch and reporting to senior management and fund boards.

Qualifications

• Experience designing and launching investment products (UCITS/AIFs) for European markets.
• Translate customer needs into product requirements and roadmaps.
• Experience presenting to senior committees and boards.
• Strong stakeholder management and cross-functional collaboration.
• Knowledge of regulatory considerations and Consumer Duty.
• Analytical mindset with attention to detail.

Responsibilities

• Leading or supporting the research, design, development and launch of new products for the European market.
• Ensuring product design meets needs of defined target markets and segments.
• Conduct and source competitor research to inform product development.
• Prepare and present product ideas and business cases to senior management, committees and boards.
• Seek seed investments for new product launches.
• Lead launch project groups; manage stakeholders and expectations.
• Provide updates to the Product Implementation Working Group.
• Maintain product specs, run books, issues logs and minutes.
• Conduct post-launch reviews and communicate findings to Product committees.
• Stay informed on market and regulatory developments relevant to product development.
• Support other Product Team activities and enhancements; promote the team internally and externally.

Skills

Asset management

European UCITS

Product lifecycle

Project management

Strategic thinking

Communication

Leadership

Teamwork

Time management

Numeracy

Tools

Excel

Word

PowerPoint

Job description

About Columbia Threadneedle Investments

Working at Columbia Threadneedle Investments you’ll find growth and career opportunities across all of our businesses.

We’re intentionally built to help you succeed. Our reach is expansive with a global team of 2,300 people working together. Our capability is diverse with more than 550 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients’ specific requirements. Our unwavering focus on our clients and strong financial foundation connects each of our enterprise businesses — Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities.

Job Description

Where you’ll fit in & what our team goals are…

The European Product team is responsible for the development and management of the Luxembourg and Ireland fund range through the pre-launch, launch and post-launch product lifecycle.

You will play a critical role in the design and launch of new products, working in close collaboration with stakeholders across the organisation to deliver strong customer outcomes and commercial success.

How you’ll spend your time…

• Leading or supporting the research, design, development and launch of new products for the European market.
• Ensuring product design meets the needs of defined target markets and segments.
• Conduct and source competitor research to inform the development of new products.
• Preparation and presentation of product ideas and business cases to senior management including the Product Approval Committee, EMEA management committees and fund boards.
• Seeking the required seed investments for new product launches.
• Leading launch project working groups; managing key stakeholders and their expectations.
• Provide summary updates to the Product Implementation Working Group on a regular basis.
• Maintaining product specifications; project run books; issues and action logs and meeting minutes.
• Conducting post-launch product reviews, implementing any remedies, and communicating findings to Product committees.
• Keep abreast of market/regulatory developments relevant to product development.
• Support and help other members of the European and broader Product Teams, including supporting product management activities and product enhancements on the existing product range as required.
• Promote the European Product Team and broader Product Team internally and externally.

To be successful in this role you will have…

• A strong interest in asset management; curiosity to develop better solutions for a variety of client types.
• Knowledge of European pooled fund product structures (e.g. UCITS/AIFs) and distribution channels.
• An understanding of the product lifecycle, being mindful of good customer outcomes and Consumer Duty.
• Some experience and proven ability to project manage launch/change initiatives.
• Strategic thinking with proven experience of devising and developing product propositions and or solutions.
• Communication: skilled communicator with the ability to summarise key points, ideas and data in a variety of contexts; ability to draft effective client communications/materials.
• Leadership and influencing skills: to present recommendations with conviction in a persuasive manner; ability to chair effective project meetings; ability to build consensus and make effective decisions.
• Team skills and the ability to engage, challenge and influence colleagues in the team and across the business.
• Well organised; able to plan and meet deadlines whilst managing risks.
• Numerate and a capable user of Excel, Word and PowerPoint.

If you also had this, it would be great…

• An understanding of Columbia Threadneedle EMEA products, governance and strategy.
• Experience working in asset management, ideally in a Product and/or ETF role.
• Experience of Luxembourg and/or Ireland UCITS legal structures (e.g. SICAV/ICAV).
• Possessing an investment-related qualification, e.g. IMC.

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Full-Time/Part-Time

Full time

Worker Sub Type

Permanent

Job Family Group

Marketing/Product Management

Columbia Threadneedle is a people business, and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to fostering an inclusive and performance-based culture where everyone can belong, grow, contribute and realise their potential.

We appreciate that work-life balance is an important factor for many when considering their next move so please discuss any flexible working requirements directly with your recruiter.

Columbia Threadneedle Investments is an equal opportunity employer. We consider all qualified applicants without regard to racial or ethnic background, religion or belief, sex or gender, nationality, genetic information, age, sexual orientation, gender identity, disability, marital status, pregnancy or maternity or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to aid your participation in the application or interview process, speak to your recruiter to discuss how we can support you.