Job Title: ETF Product Developer, Assistant Vice President
Reporting To: Head of EMEA Product Development
Department: International Product, Global Innovation Hub
Location: London / Dublin
The ETF Product Developer will be a member of the International Product team driving product innovation by contributing to the product strategy and development of State Street Investment Management’s range of pooled funds and ETFs as well as the ongoing range management of existing products with a focus on fixed income. This includes the research, design and build of new active and index ETFs across State Street IM’s range of investment capabilities as well as working with select third party managers. The International Product team is a part of State Street IM’s Global Innovation Hub within the Chief Business Office (CBO) partnering with the Client Coverage Group and Global Investment teams to deliver innovate products and solutions to State Street IM’s clients across asset classes and investment styles and support the growth ambitions of the organisation.
The ETF Product Developer will collaborate with colleagues in the Global investment teams, portfolio strategists, client / consultant facing teams, Capital Markets, external partners including index providers and third party managers and work closely with peers in the broader International Product team and Global Innovation Hub to drive our product agenda.
What we need you to do:
1. Research, design, develop and deliver new EMEA-domiciled ETFs to support State Street IM’s EMEA clients and prospects to support State Street IM’s overall strategy and business priorities.
2. Develop, support and execute on SSGA’s EMEA product roadmap and provide insights to the global product roadmap, including in relation to sustainable investing.
3. Execute the product strategy, develop innovative ideas, build business cases, design product features and co-ordinate launches. Work cross-functionally to develop and position the firm's EMEA product range.
4. Analyse market research and understand the competitive marketplace to identify market trends and potential new product opportunities.
5. Understand the needs of State Street IM’s EMEA institutional and intermediary clients and prospects, the opportunities in the market and how best to respond to these with State Street IM’s investment capabilities or select third party partners.
6. Manage the full product lifecycle of the existing range of funds; analyse - and where appropriate adjust - pricing, positioning and operating models to ensure they remain market-leading products; merge or close products if needed.
7. Build strong relationships and collaborate effectively with the International Product team, key internal and external business partners.
8. Participate in the implementation of EU / UK regulation impacting State Street IM’s EMEA product range.
Job Requirements:
9. 3-5 years of experience within ETF product development, design, or as a product strategist/investment strategist with demonstrable track record of delivering successful outcomes across asset classes
10. In-depth knowledge of the European regulatory landscape in relation to asset management and funds including MiFID, UCITS, AIFMD, BMR and SFDR
11. Knowledge in fixed income investing including investments, market landscape and client demand
12. Experience and knowledge across the elements of the product development process: research, strategy, structuring, launch co-ordination and product lifecycle management
13. Manage complex projects with stakeholders across multiple teams and geographies
14. Strong capabilities in researching and analysing market trends and intelligence to support product strategy and design including experience in using third party databases.
15. Ability to problem solve and identify / analyse issues, find viable alternatives and recommend solutions
16. Highly effective relationship-building with strong collaborative skills across all levels and teams within a global business
17. Ability to be persuasive and articulate in presenting complex ideas and issues to teams across the business in a clear and succinct way.
18. Excellent communication and teamwork skills
19. Advanced skills in Microsoft Excel, PowerPoint, Morningstar, Bloomberg, Factset, Lipper etc.
Across the world, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are critical to our continued success. Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our values. It’s also part of our dedication to inclusion, development and engagement, and corporate social responsibility. You’ll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us. State Street is an Affirmative Action/ Equal Opportunity Employer/Vet/Disability.
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