Can anyone give any insight into what career implications (if any) this position has? Anyone work in this area, skill-set or relationships developed?
The Product Development team is responsible for providing product management and oversight to more than 100 mutual funds.
As a member of the Product Development team, you will support the relevant team leader and will develop relationships with key business partners across the firm in order to provide support to our mutual funds, with a focus on product economics and closed-end fund support.
Key responsibilities will include:
Provide support to the closed-end fund business, including but not limited to: coordinating weekly team calls, analyzing the marketing discount trends, preparing and issuing press releases, and drafting monthly, quarterly, and ad hoc board reports
Research industry databases (i.e., Simfund, Morningstar and Lipper) to prepare ad hoc reports and presentations for Senior Management and the Board
Analyze fees and expenses for our funds versus the competition
Utilize expense models to prepare expense ratio and capping data for the Fund’s annual 15c contract renewal process
Assist in the preparation of Board materials and memos for new funds and changes to existing funds
Research the market for new products and assist with facilitating the New Product Approval process
Maintain database of recent product launches and changes, as well as pipeline of future initiatives, to be used across the functional teams and provided to senior management
Assist with ad hoc departmental projects as assigned
