Product Development Specialist
Overview
A vacancy has arisen within the Product business unit of M&G Investments Southern Africa. The vacancy is for a Product Development Specialist that will work within an established but expanding product team. We are looking for a dynamic and innovative candidate to join our team. This role is integral to our mission of developing and enhancing our product offerings to meet the evolving needs of our clients. This position reports to the Head of Product.
Key Responsibilities
- Conduct comprehensive market research and competitive analysis to inform product development decisions.
- Develop new product proposals for consideration by the firm’s Product Committee.
- For specific product developments, manage the development lifecycle from product specification, regulatory approvals, and launch, while working with internal stakeholders such as the investment team, distribution, marketing, compliance, and operations.
- Monitor and evaluate existing products, including recommending and driving the implementation of any identified required redesigns.
- Technical ownership of performance fee models and modelling support to the firm’s Fee Committee.
- Provide ongoing support and training to client-facing teams on new and existing products, which includes the firm’s range of global funds.
Qualifications, skills and experience
- An appropriate finance-related tertiary qualification (e.g. BBusSc, BAcc, BComm) - CFA charterholder will be an added advantage
- Minimum of 5 years of experience in the asset management industry, ideally in product development roles.
- A good understanding of financial markets, investment strategies, client segments, and regulatory environments (South Africa and EU).
- Expert proficiency in MS Office and general data analysis, while working knowledge of Morningstar and other fund databases will be an added advantage.
Competencies and personal attributes
- Analytical skills: Strong analytical and critical thinking skills, with the ability to interpret complex data and make informed decisions.
- Numerical skills: High proficiency with numbers, quantitative analysis, and financial modelling.
- Attention to detail: High level of accuracy and thoroughness.
- Innovative thinking: Ability to think creatively and identify new opportunities for product development and improvement.
- Multi-tasking and time management: Strong ability to manage multiple projects simultaneously, prioritise tasks effectively, and meet tight deadlines.
- Written and oral communication skills: Excellent communication skills, with the ability to present ideas clearly and persuasively, both in writing and verbally.
- High levels of initiative and a strong work ethic: proactive with the ability to take initiative and drive projects forward independently, self-motivated, and capable of working autonomously.
- People skills: The ability to work collaboratively with colleagues across various functions and areas of the business.
Application form
Posting details
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Contract type
Permanent
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Location
Cape Town
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Published Date
2024-07-19
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Application Deadline
2024-11-30
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Job/Position listing Code
PDS/P/24
We're focused on investment excellence.
M&G Investments is a global asset manager with operations in 28 countries, over 5.5 million retail clients and R8 trillion in assets under management and administration. We are also one of South Africa’s top 10 asset managers, with over R310 billion in assets under management. For over 30 years we have built up an admirable local track record for delivering consistently strong performance over time. Our aim is to help our clients achieve their financial goals, whether investing towards their first house, their children’s education, or making sure that they have enough funds to retire comfortably. We work closely with experts across M&G plc’s worldwide operations to bring clients access to the latest technology, investment ideas and research. We incorporate sustainable thinking in everything we do, from the way we run our business to the impact we have on the planet and our communities.
To help us achieve our vision, we’re looking for exceptional people who live our values of care and integrity and who can inspire others, embrace change, deliver results and keep it simple. We’re looking for people who will enjoy the challenge of working in an ambitious business that’s set on transforming the industry.
We are building a diverse and inclusive environment where everyone can thrive. In order to meet the objectives set in our Employment Equity plan, preference may be given to suitably qualified candidates from designated groups.