Job Description
JOB DESCRIPTION
Role title: Senior Product Manager
Reports to: Head of Product
Location: London/Reading/Birmingham (Hybrid)
Hours of work: 35 hours each week
SMCR Function: This is a certified role
Key Responsibilities
1. Proposition Strategy & Development
* Lead the design, development, and ongoing refinement of the Centralised Investment Proposition (CIP), including model portfolios, risk-rated solutions, and discretionary fund management (DFM) offerings.
* Ensure alignment with the firm’s investment philosophy, regulatory requirements (e.g., Consumer Duty), and client segmentation strategy.
* Monitor market trends, competitor offerings, and client feedback to evolve the proposition.
2. Governance & Oversight
* Chair or contribute to investment governance committees to ensure robust oversight of the CIP.
* Collaborate with compliance and risk teams to ensure the proposition meets all regulatory standards (e.g., MiFID II, PROD rules).
* Maintain documentation and audit trails for proposition changes and reviews.
3. Stakeholder Engagement
* Act as the central liaison between investment teams, financial advisers, operations, and technology to ensure smooth delivery and implementation of the CIP.
* Provide training and support to advisers and internal teams on the proposition’s features, benefits, and suitability framework.
4. Performance Monitoring & Reporting
* Oversee the performance of model portfolios and investment solutions, ensuring they meet client expectations and risk profiles.
* Produce regular performance reports and MI for internal stakeholders and clients.
5. Client Experience & Communication
* Develop and maintain client-facing materials, including factsheets, guides, and educational content.
* Ensure the proposition delivers a consistent and high-quality client experience across all channels.
6. Digital & Operational Enablement
* Work with digital and platform teams to ensure the CIP is integrated into client portals and adviser tools.
* Drive automation and efficiency in the delivery and rebalancing of model portfolios.
Experience / Skills Required
* Strong background in investment management, wealth management, or financial planning.
* Deep understanding of CIPs, model portfolios, and discretionary investment services.
* Familiarity with UK regulatory frameworks (FCA, MiFID II, PROD, Consumer Duty).
* Excellent stakeholder management and communication skills.
* Professional qualifications such as CFA, IMC, or CISI certifications are advantageous.
* Proven experience of leading diverse team internally and externally
* Experience of having built product from concept to successful commercialisation is essential.
SM&CR Responsibilities
As an FCA regulated Company, Ascot Lloyd are required to adhere to the Senior Managers and Certification Regime (SM&CR), to develop a culture where employees take personal responsibility for their own actions.
Individual Conduct Rules
* You must act with integrity
* You must act with due care, skill and diligence
* You must be open and co-operative with the FCA, PRA and other regulators
* You must pay due regard to the interests of customers and treat them fairly
* You must observe proper standards of market conduct
* You must act to deliver good outcomes for clients
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