Asset Management (Public) - Product Development - Associate - London
Location: London, United Kingdom
Internal Number: 20714208
YOUR IMPACT Are you passionate about asset management products? Can you see yourself in a fast-paced, international team environment, working on the design and development of fund products for sale across a diverse international client base? We are currently looking for a driven and detail-oriented Product Development professional who is seeking to use their creative and technical skills and ideas to join our London Development team within our Asset Management business.
OUR IMPACT Within Asset and Wealth Management, we seek to provide innovative investment solutions to help our clients meet their financial goals. We work with specialists and groups from around the firm to help individuals and institutions across various industries navigate changing markets and to provide them with a diverse offering of product solutions. We value self-starters with an entrepreneurial spirit, providing the support and resources to ensure your success. Product Development sits within the client business part of our asset management business looking at all aspects of the strategy, research, analysis, design and development of new funds and alternative products for cross-border distribution and product advisory and range management services for our existing range of funds. This part of the team specializes in "traditional" products (mostly comprised of public securities), but also works with hybrid and some alternative/private products.
HOW YOU WILL FULFILL YOUR POTENTIAL
Participating in end to end product design, development and launch process.
Partnering with key stakeholder groups to develop new product ideas from both an investment and client perspective and convert them into effective products that seek to address clients' objectives.
Developing new product proposals for senior management, relevant internal committee and Board reviews.
Technical project management of new product design and structuring, changes to existing funds as well as analysis and implementation of other product initiatives (working with other teams including Investment Teams, Client Business, Legal, Tax, Compliance, Fund Services, Finance, Operations)
Participation in ongoing management to ensure product range remains competitive and in compliance with latest regulations.
Keeping abreast of major developments in the industry (i.e. regulations, tax, competition, etc.) that create new opportunities or challenges to our business.
Ongoing assessment and communication of GSAM's product competitive positioning
SKILLS & EXPERIENCE WE'RE LOOKING FOR BASIC QUALIFICATIONS
Preference for degree level education (or equivalent).
CFA studies beneficial but not essential.
Experience spent in a product development role focused on product design and structuring of funds. Experience with alternative products would be beneficial.
Knowledge of the European funds industry (e.g. markets, competitors) and regulatory environment (e.g. UCITS, AIFMD, MiFID).
Knowledge of how ESG considerations may be incorporated into investment processes and products as well as latest related European regulations, e.g. SFDR and Taxonomy.
Familiarity with different asset classes.
Strong communication and interpersonal skills.
Strong analytical and project management skills; ability to work under pressure and to meet multiple demanding deadlines.
Strong technical skills including high level of proficiency in Microsoft Excel and PowerPoint, and familiarity with industry data through such sources as Morningstar Direct, Simfund, Cerulli, Broadridge, PSN, Bloomberg, and FactSet.
Creative, innovative, attention to detail and proactive.