Product Analyst

Houston, Texas (US)
Oct 06, 2017
Nov 05, 2017
Job Function
Industry Sector
Asset Management
Employment Type
Full Time

Invesco is a leading global asset management firm with more than $858B* in assets under management. We provide our retail and institutional clients a diverse and comprehensive range of investment capabilities to help people get more out of life. Invesco is publicly traded on the New York Stock Exchange (IVZ) and has about 7,000 employees in over 20 countries. (*As of June 30, 2017)

Job Purpose (Job Summary):
As a key component of the Product Strategy and Investment Services department, the Americas Product & Market Research (APMR) unit is responsible for providing product, market, and competitive insight to internal business areas across the firm. APMR provides in-depth product research and analysis to enhance business development opportunities in North America. The group also provides market intelligence to support product development/ rationalization efforts and strategic product line initiatives. Furthermore, APMR supports product positioning efforts through careful analysis of the competitive marketplace. APMR works with a wide array of internal clients including the Invesco Board, Legal/Compliance, Sales, Marketing, and various investment teams. The Product Analyst for the Americas Product & Market Research unit will participate in a variety of investment and product-related research projects and initiatives. Responsibilities for the role include, but are not limited to, the
following: • Support US retail distribution channels in product-related research and analysis • Provide competitive intelligence to various internal business partners • Proficient use of third-party databases and research tools • Maintain production of selected recurring reports • Participate on special projects as needed

Key Responsibilities / Duties:
     * Support US retail distribution channels in product-related research and analysis
     * Predominantly support the Wealth Management Platform (WMP) group by cultivating relationships with Investment Analysts and the Retail and Institutional Business Development teams who work directly with home office analysts
     * Typical activities associated with this role would include:
     * Helping identify and anticipate client product, platform, and model needs by conducting insightful competitive intelligence
     * Highlighting each WMP’s strengths, weaknesses, and gaps, and overlay these against Invesco’s market credible capabilities
     * Developing an understanding of each WMP’s product offering set and their decision-making process
     * Collaborating with colleagues to identify new ways to leverage platform product data that can lead to incremental insights
     * Participate on recurring calls/meetings to discuss relevant findings from platform reviews or any Morningstar alerts for products being closely monitored
     * Solicit feedback on recent meetings and any product discussions to increase understanding of client needs and preferences
     * Provide competitive intelligence to various internal business partners
     * Support Product Managers, Investment analysts, and Client Portfolio Managers in identifying and tracking key competitors and uncovering potential takeover opportunities
     * Assist Invesco’s US product development efforts by providing research on peer group construction, historical performance, and pricing-related information
     * Support Invesco’s strategic planning efforts by producing analysis on overall competitive position and strengths/weaknesses of specific products
     * Work with the Invesco Solutions team on product-related projects as required
     * Understand the full functionality of available research tools covering mutual funds, exchange-traded funds (ETFs), managed accounts, and other retail vehicles
     * Examples of competitor databases and tools include Lipper LANA, Morningstar Direct, Zephyr StyleADVISOR, Strategic Insight, and eVestment Alliance
     * Utilize expertise on third-party databases for ongoing and ad hoc competitor and market research, pairing the right tool(s) with each request
     * Maintain production of selected recurring reports
     * Assist in generating monthly and quarterly reporting packages related to health assessments and monitoring of home office platforms
     * Constantly look for opportunities to enhance content and efficiency of report production
     * Perform quality control checks as required for various reporting components
     * Coordinate with other internal teams such as Global Performance Measurement and Risk as needed
     * Participate on special projects as needed
     * Assume a supporting role in various complex projects revolving around home office client engagement

Work Experience / Knowledge:
     * Approximately 3-5 years of experience in the financial services industry is necessary to successfully perform the responsibilities of this position

Skills / Other Personal Attributes Required:
     * Team player with customer service orientation
     * Strong quantitative and analytical skills
     * Excellent verbal and written communication skills
     * Strong organizational aptitude; ability to establish priorities and meet deadlines
     * Possess spirit of continuous improvement
     * Ability to use technology to maximize efficiency
     * Highly proficient in Excel; proficient in Word and PowerPoint
     * Proficient in the use of current research databases and software systems (e.g., Lipper LANA, Morningstar Direct, Zephyr StyleADVISOR, Strategic Insight, and eVestment Alliance)

Formal Education: (minimum requirement to perform job duties)
     * Completion of a Bachelor’s degree in Mathematics, Finance, Economics, Marketing, or a related field is required

FLSA (US Only): Exempt

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time. Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing
non-discrimination in employment.