Manager, Product Development

Manager, Product Development

Join Principal Financial Group for an outstanding chance to lead product strategy in North Asia. As Manager, Product Development, you'll guide product innovation and market analysis to meet client needs and regulatory trends.

What You'll Do

1. Find opportunities for product innovation, including new product launches and improvements. Utilize market data, client insights, and competitive intelligence to pinpoint the best product opportunities for the company.
2. Maintain a deep understanding of the market landscape, client needs, competitive dynamics, and regulatory trends across the wealth advisory and institutional segments.
3. Share market and product insights with internal collaborators and partners to secure backing for local and cross-border product strategy and development priorities.
4. Help craft compelling reasons for new products or improvements in collaboration with multiple teams.
5. Foster strong strategic relationships with key internal collaborators and partners. Regularly communicate with regional distribution to ensure product development priorities align with market needs.
6. Maintain a working knowledge of current products, investment teams, and capabilities. Ensure the company is deploying its most compelling investment capabilities within efficient wrappers and platforms to improve distribution reach.
7. Embed yourself into the company's product development processes to maintain transparency and consistency across regional and local market strategies.
8. Help develop, implement new products and improvements to current fund offerings, ensuring competitiveness, meeting client expectations, and staying in sync with regulations.
9. Lead product development projects, ensuring tasks are completed on schedule with high quality. Track project progress and resolve issues arising from product workstreams.
10. Collaborate with cross-functional teams, including Legal, Compliance, Risk, Governance, and Operations, to assess and plan for operational impacts.
11. Monitor the sustainability and adaptability of local registered products and drive product changes where necessary.
12. Support collaborator communication by providing clear and timely updates on strategic product priorities. Assist in coordinating meetings and preparing materials for internal audiences.

Requirements

Who You Are

• Bachelor's degree in Business, Finance, or a related field.
• At least 5 years demonstrated experience in product development or investment analysis roles.
• Proven experience in product development and strategy within the financial services industry, with SFC license holders preferred (Type 4 and 9).
• Strong understanding of market dynamics, different investment vehicle structures and financial products across Equity, Fixed Income, Multi-Asset and Real Estate.
• Proven knowledge and ability to understand, interpret and deliver meaningful insights that provide clear data driven decision capabilities.
• Outstanding analytical and problem-solving skills.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
• Proficiency in both written and spoken English and Chinese.
• Conversant with Bloomberg and Excel, other financial/ investment tool experience welcome.

Additional Information

Why Join Us?

At Principal, we believe that investing in you is the key to our success. We offer an encouraging environment where your outstanding perspectives and expertise are valued. You'll have the opportunity to work with world-class professionals, drive innovation, and contribute to the financial security and well-being of our customers. Together, we can achieve great things!