Vice President, Product Management – Preferreds & Fixed Income

Cohen & Steers; New York (NY); Hybrid; USD 180,000 - 200,000; Full time

Job summary

Cohen & Steers is seeking a VP of Product Management for the Preferred Securities and Fixed Income line in New York. The role leads product strategy, pricing, parameters and collaboration with Investments, Distribution and Marketing to drive growth and competitiveness across open-end funds, ETFs, and separate accounts.

The candidate will champion the product line, address distribution questions, and work with senior leadership to prioritize initiatives while ensuring regulatory and cross-border

Qualifications

• 8+ years in investment industry; product management or development.
• Experience with Preferred Securities or Fixed Income products (40 Act and 33 Act).
• Proficiency with market data applications (Morningstar, FactSet, Bloomberg).
• Strong written, quantitative/analytical and presentation skills.
• MBA/CFA a plus; Bachelor's degree required.

Responsibilities

• Grow the product line by engaging sales and supporting asset class positioning.
• Ensure product features remain competitive and address issues promptly.
• Collaborate across Investments, Distribution, Product Development & Strategy for US and non-US markets.
• Plan with Investment, Distribution and Marketing to align priorities and support.

Skills

Investment product management

Preferred Securities

Fixed Income

Market data tools

Communication/presentation

Independent work

Cross-functional collaboration

Multitasking

Travel flexibility

Education

Bachelor's degree or equivalent

MBA or CFA preferred

Tools

Morningstar

FactSet

Bloomberg

Job description

Job Title: Vice President, Product Management – Preferreds & Fixed Income

Department: Global Product

Reports To: SVP, Product Management & Development

FLSA Code: Exempt

Estimated Salary: $180,000 - $200,000

About Cohen & Steers: Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, infrastructure, natural resource equities, preferred securities and other income solutions. Founded in 1986 and headquartered in New York City, the firm has 400+ employees across New York, London, Hong Kong, Tokyo, Dublin and Singapore and serves institutional, wealth and individual investors around the world. Cohen & Steers was listed on the New York Stock Exchange in 2004 under the ticker CNS, has approximately $100 billion in assets under management and is committed to an inclusive culture that values diversity in support of our people and clients. The firm’s 40 years of category dominance in the REITs business led to a highly strategic decision to expand into investing directly in real estate.

Job Summary: Cohen & Steers is seeking an experienced and entrepreneurial professional to lead Product Management efforts for our Preferred Securities business line, focusing on enabling growth of the asset class through proactive distribution support and innovation. This will include enhancing product positioning for new and existing strategies, competitive analysis, proactively driving growth of existing strategies through our distribution channels, responding to custom sales opportunities and researching new strategies. In addition, the individual will manage the product line to ensure product features remain competitive and serve as a subject matter expert to resolve distribution questions and issues that arise. This individual will serve as the product line champion, engaging across the organization to set and clearly articulate priorities, while delivering results. This includes supporting multiple wrappers (e.g. open-end funds and listed closed- end funds, ETFs, SMAs and UCITs) and channels for the asset class. Cohen & Steers is committed to an inclusive culture, valuing diversity in support of our people and clients.

Major Responsibilities/Activities:

• Grow the product line by proactively engaging and supporting sales in asset class positioning, competitive positioning, sales ideas, and product related questions to increase share in existing channels and better penetrate existing markets. Support marketing in developing messaging, content, and campaigns.
• Manage the product line by ensuring product features continue to remain competitive and make enhancements as appropriate (e.g. pricing, investment parameters, etc.) Address internal and external product-related issues as they arise, serving as the focal point to resolve any issues on a timely and effective basis.
• Support custom sales opportunities and develop new strategies, including product design and positioning. Collaborate with Investments, Distribution, Product Development & Strategy, and key functional partners to ensure effective execution. This includes both the US Wealth, US Institutional and non-US markets.
• Engage in regular planning efforts with the Investment, Distribution and Marketing teams to align on priorities and required support for the product line. Communicate effectively with senior management.
• Stay abreast of industry trends that impact the product line, including threats to existing strategies and opportunities for growth.
• Engage with partners within Product and across the firm to ensure successful support on all aspects of the product offering.

Minimum Requirements:

• 8 years+ of investment industry experience in Product Management or Development. Prior Product Management experience in Preferred Securities or Fixed Income is required.
• Proficiency with market data applications required (e.g. Morningstar, FactSet, Bloomberg).
• Strong written, quantitative / analytical and presentation skills required.
• Experience with ‘40 Act and 33' Act' products, including ETFs and mutual funds.
• Bachelor’s degree or equivalent business experience required; MBA and/or CFA a plus.
• Ability to operate independently and leverage resources across the organization to deliver results.
• Ability to proactively collaboratively across departments to achieve team objectives.
• Confidence to present to senior audiences.
• Ability to handle multiple projects simultaneously and complete projects on a timely basis.
• Minimal travel required.
• Demonstrates inclusive behaviors in support of a culture that values diverse perspectives.
• Agrees to comply with the firm’s hybrid work policy (“work from home policy,” as aligned with the Company’s employee handbook), which currently requires reporting to the Company’s New York City office four (4) days per week, with one (1) remote workday permitted.

Note: This job description reflects management's assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned. The job title or duties and responsibilities may be changed by the Company at any time.