Product & Business Development Analyst- Private Wealth

Manulife

Boston (MA)

Hybrid

USD 62,000 - 103,000

Full time

33 hours ago

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Job summary

Manulife Investment Management is seeking a Analyst to support the Private Markets team across Global Private Wealth platforms. The role focuses on developing products, conducting research, and supporting advisors and investors with business and process management.

You will work with front office, sales, finance and marketing to roll out new products while building business cases and tracking progress, contributing to strategic initiatives within a fast-growing distribution channel.

Qualifications

Bachelor's degree in Finance, Economics or Business Administration.
1-3 years’ experience in financial services/asset management field.
Analytical skills: market analysis, cost-benefit and risk analysis.
Strong written and oral communication for presentations to clients.
Knowledge of investments and financial markets, including private assets.
Ability to collaborate with front office, sales, finance, marketing and operations.
Entrepreneurial mindset with initiative to support growth.
Planning and organization skills for rolling out new products.
Solid Excel/Word/PowerPoint skills; quick to learn new software.
Familiarity with statistical analysis; CFA/CAIA enrollment is helpful.

Responsibilities

Support product development cycle for Private Markets assets distributed to retail and HNW platforms globally.
Research and analyze potential private market products and clients to build business cases.
Manage product development, business development and sales trackers and project plans.
Assist in preparing marketing materials.
Assist in preparing management reporting materials.

Skills

Financial analysis

Market research

Cost-benefit analysis

Risk analysis

Written communication

Oral communication

Interpersonal skills

Excel

PowerPoint

Learning mindset

Education

Bachelors in Finance/Economics/Business Admin

Tools

Excel

PowerPoint

Word

Job description

Summary The Analyst will support the Private Markets team focused on delivering products and solutions to the Advisors and Clients across Global Private Wealth firms & platforms (broker-dealers, private banks, wirehouses, independent advisors). This is a fast growing segment that is increasingly looking for unique and differentiated products, solutions and structures across various Private Markets strategies and asset classes. The Analyst will be required to support all aspects of product and business development, sales and advisor/investor support, business and process management, and special research projects as Manulife Investment Management (MIM) grows this critical distribution channel.

What You Will Learn

An understanding of the various private asset classes and how they are sold; how products are developed to meet the needs of retail, mass affluent and high-net-worth investors
An understanding of the Private Wealth management channel and the way retail/HNW investors allocate to Private Markets. Additionally, how products and solutions are diligenced and onboarded, marketed and supported, by Wealth Management firms, advisors, and individual investors.
Strategy development – understanding how existing and new products and solutions will affect various stakeholder groups in the organization, acting as a facilitator to resolve any issues
Influencing without title – working with various internal stakeholders who may need to change their existing processes in order to accommodate the new business

Responsibilities

Support the product development cycle of new products & solutions for a variety of Private Markets asset classes to be distributed to retail and HNW Wealth and Investment platforms globally
Research and analysis of potential private market products and clients to assess feasibility and build business cases
Manage product development, business development, and sales trackers and project plans
Assist in the preparation of marketing materials
Assist in the preparation of management reporting materials

Skills And Qualifications

Bachelor’s degree in Finance, Economics or Business Administration
1-3 years’ experience in financial services/asset management related field
Analytical skills: market analysis, cost-benefit analysis and risk analysis will be performed in the process of rolling evaluating new products and markets
Written & oral communication skills: presentations will be prepared and presented to internal and external clients
Knowledge of investments and financial markets: The Business Analyst will be able to obtain first-hand knowledge of the private asset classes the group is focusing on; private credit, private equity real assets, private placements and multi asset solutions.
Interpersonal skills: In order to successfully perform their duties, the analyst will need to work with a variety of stakeholders at the firm ranging from front office, sales, finance, marketing, operations, systems, etc.
Entrepreneurial mindset & initiative: Highly motivated self-starter with a strong work ethic, intellectual curiosity, and a willingness to take initiative, roll up their sleeves, and assume responsibilities beyond their core remit when needed to support the growth and success of the business.
Planning and organization skills: The candidate will help facilitate the planning and implementation for rolling out new products.
Working knowledge of investment/financial markets
Familiarity with a variety of financial products and services
Demonstrated knowledge of accounting, financial or investment analysis techniques
Ability to be flexible, creative and show initiative while working in a challenging and fast paced environment
Strong written & oral communication skills
Solid computer experience using Excel, Word and PowerPoint, with a strong aptitude for learning new software packages
Familiarity with statistical analysis (quantitative & qualitative)
Helpful: enrollment in CFA and/or CAIA

When You Join Our Team

We’ll empower you to learn and grow the career you want.
We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
As part of our global team, we’ll support you in shaping the future you want to see.

The role being advertised is an existing vacancy.

About Manulife And John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact hr@manulife.com.

Referenced Salary Location

Boston, Massachusetts

Working Arrangement

Hybrid

Salary range is expected to be between

$61,875.00 USD - $103,125.00 USD

Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact hr@manulife.com for the salary range for your location.

Manulife/John Hancock offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.

We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.

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