Product Strategist - Transamerica AM
Description
Job Family
Asset Management Product Development
About Us
At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.
Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.
Who We Are
We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life .
Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them.
We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.
What We Do
Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate , which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.
Transamerica employs nearly 7 ,000 people. It’s part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide. * For more information, visit transamerica.com .
Job Description Summary
At Transamerica Asset Management, high performance, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.
Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.
Who we are:
Today, we’re part of an international holding company, Aegon, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them.
Transamerica Asset Management (TAM) is a division within Aegon Asset Management, an active global asset management firm with investment capabilities that span public and private markets across asset classes, sharing a common belief in fundamental, research-driven active management.
What we do:
TAM’s vision is to be a valued asset manager by growing a profitable, scalable investment platform that connects the right solutions to our clients’ needs. We provide active fixed income and differentiated equity strategies by following our Investor First process and leveraging the capabilities of our suite of sub-advisers. Our business encompasses approximately $65 billion of net assets under management; consisting of variable insurance funds, retail mutual funds, ETFs, collective investments trusts and other assets.
Position Overview:
As a Product Strategist, you will be responsible for product development and product management of a subset of U.S. funds (Mutual Funds, ETFs) and their non-registered funds (CITs), including oversight of the lifecycle and viability of the funds.
Job Description
PLEASE NOTE : This is a hybrid role, where the employee is expected to work a hybrid schedule in our Denver office.
Responsibilities
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Define, develop and deliver products to support Transamerica Asset Management’s strategy and product management function.
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Develop new U.S. funds, including product design , investment vehicle(s), and implementation.
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Oversee product management of U.S. investment vehicles and sub-funds, including ongoing profitability analysis, review of fund fees and expenses, and interaction with Management Company, intermediaries and regulatory/compliance units.
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Recommend changes to fund structures, expense allocations, total expense ratios (TER), and rationalization of individual funds and/or sub funds.
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Carry out sub-advisory relationship management.
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Represent the team during meetings with senior management and stakeholders; provide guidance and assist with issue resolution.
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Create and deliver presentations to senior management and peers on R&D research outcomes; highlight strategic recommendations for new products, enhancements, etc. Promote overall strategy and day-to-day tactics.
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Support with complex, strategic projects, including commercial, regulatory, and governance.
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Contribute to market analysis to identify product opportunities and improve the competitive positioning of the product range.
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Contribute to the development of marketing support, including key messaging and promotion to support sales efforts, asset retention, and drive awareness.
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Collaborate with training team on product training calls and materials.
Required Qualifications
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Bachelor's degree in a business related field or equivalent experience.
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1-3 years of experience in a product management/product development role.
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Experience in a sales-driven, multi-channel, distribution environment.
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In-depth understanding of the mutual fund industry as it relates to the UCITS and non-UCITS environment.
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In-depth understanding of investment products, the financial industry, and capital markets.
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Knowledge of structuring and the operation of: M utual F unds , ETFs, SMAs, and CITs in U.S. jurisdictions .
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Strategic thinker and self-starter to drive strategy for the product portfolio.
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Analytical skills to translate information into strategic and tactical recommendations.
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Communication skills to deliver presentations and create investment content for delivery through print and digital mediums.
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Project management skills.
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Team player with excellent interpersonal skills to establish and maintain relationships with business groups at all levels of the organization.
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Experience using industry databases (e.g. Morningstar, eVestment , Simfund , Lipper, Bloomberg).
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Proficient using MS Office (Word, Excel, PowerPoint).
Preferred Qualifications:
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FINRA Series 7
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CIMA
**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**
The salary for this position generally ranges between $135,000 - $148,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, the position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individua