Investment Product Development Management Manager

Location
San Francisco, California
Salary
200,000.000
Posted
Jun 19, 2018
Closes
Jul 19, 2018
Ref
Wells Fargo Asset Management (WFAM),
Job Function
Structured Products
Industry Sector
Asset Management
Employment Type
Full Time
Education
Bachelors

The Position

This position is responsible for the leadership of the US Product Construction and Management team within Wells Fargo Asset Management. The team is responsible for vehicle development for the Wells Fargo Funds, development and management of Wells Fargo Asset Management’s retail separately managed account offerings and institutional vehicles including collective funds.   This group has a significant impact on the organization profitability and success by leading construction efforts designed to keep our product set and capabilities at the forefront of the industry.

This individual will have a blend of business and investment skills, with strong working knowledge of competitive forces in the mutual fund, SMA and CTF industry.  This includes knowledge of the industry distribution dynamics, including an understanding of substitute products, and know-how to operationalize the ideas.

The group will have specific responsibility for translating product development initiatives into specific designs and action plans for the various product lines.  The proposals generated by this individual will be reviewed by various Sales, Product, Compliance, Risk and Investment executives in the firm.

Position Responsibilities:

  • Manage US Product Construction and Management team

       - Design and implement a framework for decision making, communications and reporting of all vehicle                                                                   development initiatives

       - Lead vehicle development planning and prioritization activities, business case creation and approval processes.

       - Communicate and present initiatives to WFAM senior leadership and WFAF Board of Trustees.

         Leadership

       - Lead and manage complex initiatives requiring participation of cross-functional groups.

       - Attract, develop and retain key talent with diverse experiences and backgrounds.

       - Create an environment that promotes continuous learning and development.

       - Collaborate with senior leader and executive partners and their teams to ensure delivery of WFAM objectives.

       - Effectively communicate with all levels of management and team members across the group/enterprise.

       - Influence senior leader decision making and successfully negotiate critical issues resolution related to initiatives.

       - Actively participate in senior leadership and team forums, with the objective of contributing to bottom line targets    and results.

           

Minimum Qualifications

            •            10+ years of investment product development experience. 4+ years people management experience

           

            •           10+ years investment product development experience could include contributing to the design of      investment products.

             •          A track record of performing critical analyses of the investment industry landscape and competitive intelligence.

             •          Demonstrated ability to develop and execute upon strategic plans.

             •          Proven success in directly managing cross-functional teams.

             •          Demonstrated ability to evaluate risk and the related impact to the organization and enterprise.

            •           Proven experience in facilitating executive reviews and decision making issues resolution related to initiatives     

            •           Ability to effectively utilize interpersonal and communication skills.

            •           Demonstrated success in team member talent recruitment and retention.

            •           Ability to travel domestically as well as work across multiple time zones and geographies.

            •           Superior presentation skills.

            •           Strong analytical and financial skills.

           

            Preferred Qualifications

           

            •           MBA degree

             •          CFA

             •          Experience interacting with an independent Board of Trustees or investment committees