Business Unit:

Investment Division

Reporting To:

Associate Director, EMEA Product

Shift:

EMEA/UK (Mar-Nov 1:30 pm – 10:30 pm IST / Nov-Mar 2:30 pm – 11:30 pm IST) (India)

About Russell Investments, Mumbai:

Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 87-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is the world’s sixth-largest investment adviser, with $1 trillion in assets under advisement (as of June 30, 2022) and $288.3 billion in assets under management (as of March 31, 2023) for clients in 30 countries. Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai – and has opened a new office in Mumbai, India in June 2023.

Joining the new Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be one of the first to join this new team based out of Goregaon (East) in Mumbai and be a part of creating the foundation and culture for the firm’s growing operations in India. The Mumbai office operates 5-days a week from Monday to Friday with varying shifts to accommodate time zones around the world.

For more information, please visit https://www.russellinvestments.com.

Job Description:

The primary purpose of the role is to work on the development of new products and the management of existing products for the EMEA business, from idea generation, through to design, governance and lifecycle management. Products are largely UCITS vehicles domiciled in Dublin and the UK. There are also AIF structures in Ireland, France and Luxembourg as well as a range of segregated accounts.

The Senior Product Manager is expected to manage and coordinate product development and management activities in conjunction with other team members and to provide support on sales activities throughout Russell Investments when requested. This will involve working closely with other product team members as well as Russell Investment’s GTM (Sales and Client Relationship), Legal, Risk, Compliance, Finance, Investment Division and Operations groups.

Years of Experience

8+ years of experience

Qualifications

• Relevant BSC/BA in mathematics, economics or similar equivalent experience
• Experience in the investment management profession comprising previous product development and management experience with client exposure and project management skills.
• Extensive knowledge of legal, operational and regulatory aspects of the funds industry.
• Good knowledge of financial markets, investment management and the marketplace

Responsibilities

Product Strategy & Market Research

• Working with the Director to identify product development opportunities driven by clients, markets or investment teams.
• Maintaining awareness of competitor and regulatory landscape, preparing focused research to support and make recommendations on development and evolution of range.

Idea Assessment, Product Governance and Prioritisation

• Assessing client/GTM or Investment Division proposals in order to inform pricing process and recommend structuring options.
• Completing governance (EMEA Product Governance Committee, Global Product Committee, Boards) to ensure product launches/mergers, restructures are evaluated correctly and presented with full analysis.
• Ensuring that product governance requirements are considered at inception and throughout development.
• Raising resourcing issues to the Director.
• Assisting with resolution where appropriate.

Implementation of product initiatives and special projects

• Coordinating implementation for complex initiatives working with GTM, Investment Division and teams across Global Shared Services.
• Where necessary, ensuring that capabilities are developed and that ongoing responsibilities are appropriately assigned to relevant teams.
• Ensuring regulatory product governance requirements are considered throughout.
• Participating in special projects initiated by groups outside of GTM and ID e.g. benchmark changes.

Product Lifecycle Management

• Periodically assessing fund range for rationalisation opportunities or changes to funds and share classes.
• Managing all prospectus changes and internal communications to GTM and other business units or Board reporting.

Process Management

• Supporting the Director, ensuring that processes maintain momentum.
• Ensuring documentation is updated and communicated appropriately.
• Suggesting improvements.
• Managing processes as allocated by the Director.
• Assisting the Director with input to Audit, Risk, Product reports or updating to senior management.

Candidate Requirements

• In depth knowledge and experience of the European fund’s industry from a product perspective.
• Demonstrated ability to produce and present materials for internal and external boards.
• Effectively plans, implements and controls major projects or strategic assignments that involve multiple resources and complex scheduling in a team or cross-functional approach.
• Ability to provide support and coverage to the Director of Solutions, EMEA.

Core Values

• Strong interpersonal, oral, and written communication and collaboration skills with all levels of management
• Strong organizational skills including the ability to adapt to shifting priorities and meet frequent deadlines,
• Demonstrated proactive approach to problem-solving with strong judgment and decision-making capability.
• Highly resourceful and collaborative team-player, with the ability to also be independently effective and exude initiative and a sense of urgency.
• Exemplifies our customer-focused, action-oriented, results-driven culture.
• Forward looking thinker, who actively seeks opportunities, has a desire for continuous learning, and proposes solutions.
• Ability to act with discretion and maintain complete confidentiality.
• Dedicated to the firm’s values of non-negotiable integrity, valuing our people, exceeding client expectations, and embracing intellectual curiosity and rigor.