Legg Mason

  • Product Manager

    Job Locations SG-Singapore
    Req. #
    2018-3045
    Division
    International Product
    Position Type
    Regular
  • Position Overview

    Legg Mason has a range of equity, fixed income, liquidity and multi-asset funds that are managed by a diverse range of asset management companies who are Investment Affiliates within the Legg Mason Group. These include RARE, Royce & Associates, Western Asset Management, ClearBridge Advisors, Brandywine Global Investment Management, QS Investors, EnTrustPermal and Martin Currie. These funds are distributed across Asia through Legg Mason Global Distribution (LMGD).

     

    The Asia-based product team forms part of Legg Mason's International Product team and plays a vital role in the development of new product capabilities and range management of existing products. The product ranges that the Asia-product team oversees/ interacts with includes Singapore-domiciled fund ranges and European-domiciled cross-border fund ranges. Additionally, the team also participates heavily in regional strategic business initiatives. The role interacts substantially with colleagues across Asia as well as London. Members of the International Product team are based in London, Japan, and Melbourne in addition to Singapore.

     

    The team is privileged in its position and the contact it has with clients, distributors, sales, marketing, investments, legal, compliance and operations and performs a key role in developing and coordinating all product development and range management initiatives.

     

    Position Description

    A member of the Asia Product team supporting the achievement of the team’s key objectives of :

    • Delivering new investment strategies/Product Solutions for LMGD's cross-border and Singapore fund platforms.
    • Identifying and acting on information to improve the attractiveness and efficiency of the product offer via amendment, merger or rationalisation.
    • Ensuring implementation of product-related initiatives is timely and well executed across the business.
    • Keeping abreast of commercial and regulatory developments and interpreting them into meaningful and compelling proposals.
    • Contributing to the growth and evolvement of the business through the coordination of regional strategic business initiatives.

    Key Responsibilities:

    • Coordinate various Product and business initiatives to drive the growth of the business.
    • Keep abreast of product trends in the investment industry through regular market and competitor analysis and identify opportunities for Product solutions.
    • Partner with the LM business including sales, affiliates and marketing teams to identify product development opportunities with new and existing efforts.
    • Ownership and responsibility for the development of new products and initiatives, including but not limited to, fund creation, fund launches, repositions and strategic changes.
    • Support the product lifecycle process. Includes communication of new product launches and changes to business stakeholders, as well as coordination with the Legal Administration team with regards to prospectus updates and fund registration across Asia markets.
    • Respond to product related enquiries from various areas of the business.

    Qualifications:

    Key Competencies & Skills

     

    Technical

    • 5 to 10 years of experience in one or more aspects of product development and mutual fund range management, including managing multiple activities simultaneously (e.g. product development, client solution orientated, product-based project management and business coordination).
    • Technical knowledge of pooled fund structures including UCITs and non-UCITS across a range of domiciles, with knowledge of Singapore and Ireland most relevant.
    • An understanding of regulations governing mutual funds offering in Asia jurisdictions, particularly of Singapore, Hong Kong, Taiwan, China and Korea.
    • An understanding of investment management, regulatory, tax and operational requirements relating to product design and commercial success.
    • Experience dealing with Institutional Sales/Distribution teams and investment teams to solve client solutions from a product perspective.
    • An understanding of the end-to end product lifecycle process.
    • Broad based knowledge of entire asset class spectrum desirable, including equities, fixed income, alternatives and ETFs.
    • Knowledge of use of Morningstar and Bloomberg is helpful.

    Personal Skills

    • Proactive approach to function in a fast-paced environment.
    • Lateral thinker and self-starter.
    • Strong communication skills both written and verbal with the ability to articulate product ideas appropriate for the intended audience.
    • Ability to build and retain strong effective relationships with key stakeholders and partners across the business at all levels.
    • Strong organisational skills to deliver projects within a large, complex, cross functional environment
    • Ability to work under pressure and meet tight deadlines.
    • Analytical skills, with good attention to detail
    • Good team player who thrives in a collaborative environment and is also able to work well independently and build relationships
    • Commercial acumen
    • Able to proactively identify the needs and manage the expectations of internal clients including sales, client service, marketing and affiliates.
    • Numerate and commercially aware; target and results focused.

    Education

    • Degree educated, industry/ professional qualifications helpful e.g. CMFAS, CFA etc.

     

    Company Overview

    Since its founding in 1899 in Baltimore, Maryland, Legg Mason has evolved into one of the largest asset management firms in the world, serving individual and institutional investors.  Today's Legg Mason is a diversified group of global asset management firms ("affiliates") who are recognized for their proven investment expertise and long-term performance. The distinctive Legg Mason “multi-affiliate” business model provides clients with a broad spectrum of Equity, Fixed Income, Liquidity and Alternatives solutions, from mutual funds to US college savings plans to variable annuities to separately managed accounts.

    Legg Mason has approximately 3,100 employees with 31 offices globally.  Acting through its subsidiaries, Legg Mason provides investment management and related services to institutional and individual clients, company-sponsored mutual funds and other investment vehicles. These products and services are offered directly and through global distribution capabilities established with leading partners, including banks, brokerage firms, insurance companies and independent advisors.

    Options

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed