Invesco Global Asset Management Inc
Product Manager, Emerging Markets & Equities (New York City)
Invesco Global Asset Management Inc, New York, NY
As one of the world's leading asset managers, Invesco is dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world.
If you're looking for challenging work, smart colleagues, and a global employer with a social conscience, come explore your potential at Invesco. Make a difference every day!
Job Description
Your Team:
The Business Strategy & Development team is a fully integrated team of Client Portfolio Managers (CPMs) and Product Managers, created to support and service our investment capabilities across diversified channels and regions. The team's purpose is to maximize franchise value through best-in-class product positioning, leading as client advocates, and implementing business plans to drive organic growth, profitability, and asset retention.
Investment Capability Summary:
The Invesco Emerging Markets Equity Team is one of the largest and longest-tenured emerging markets equity investment teams in the industry, with $23 billion in assets under management as of June 30, 2024. Around the industry, the team is known for its highly active approach that targets companies with durable long-term growth, sustainable advantages, and real options that may manifest over time.
Your Role:
The Product Manager is responsible for positioning a set of investment strategies, researching product/competitive trends, and driving product management initiatives across retail and institutional channels. The Product Manager needs to be proficient at articulating a strategy's investment process, portfolio positioning and rationale for specific holdings within the portfolio. This individual works closely with the portfolio managers and acts as a liaison between the portfolio management team and both internal and external constituents on product-specific matters. The individual also acts as a business manager for their strategies liaising with legal, compliance, marketing and other departments to help with content and other potential issues. This role is also expected to have a working knowledge of the P&L position for each of their respective strategies. Key to success in this role is demonstrating the ability to think outside of the box regarding marketing of the products, and to be nimble and re-focus quickly as business needs evolve.
The Product Manager acts as an extension of the portfolio management team, this individual must have a strong understanding of the markets and be regarded as a credible source of information and perspective for both fundamental and macro-economic factors affecting your respective asset class. They must be viewed as a subject matter expert on investment and product issues pertaining to their strategies.
The result is a multi-faceted, dynamic, and challenging role that demands highly developed skills in communications, stage presence, relationship building, business acumen, and analytics. We hire highly engaged, confident individuals who are persistently curious, will not settle for average, and continually strive to improve themselves, their work, and their environment.
What you would be responsible for:
The Product Manager will be responsible for coverage of a set of investment strategies across geographic markets and retail and institutional channels:
Product & Investments Expertise
Business Management
Distribution & Marketing Support
Experience you bring:
The Salary offered for this position will vary based on skills, experience and location. The base Salary for this role is up to $120,000 USD.
Full Time / Part Time
Full time
Worker Type
Employee
Job Exempt (Yes / No)
Yes
Workplace Model
At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week, with two days working outside an Invesco office.
What's in it for you?
Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.
Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.
If you're looking for challenging work, smart colleagues, and a global employer with a social conscience, come explore your potential at Invesco. Make a difference every day!
Job Description
Your Team:
The Business Strategy & Development team is a fully integrated team of Client Portfolio Managers (CPMs) and Product Managers, created to support and service our investment capabilities across diversified channels and regions. The team's purpose is to maximize franchise value through best-in-class product positioning, leading as client advocates, and implementing business plans to drive organic growth, profitability, and asset retention.
Investment Capability Summary:
The Invesco Emerging Markets Equity Team is one of the largest and longest-tenured emerging markets equity investment teams in the industry, with $23 billion in assets under management as of June 30, 2024. Around the industry, the team is known for its highly active approach that targets companies with durable long-term growth, sustainable advantages, and real options that may manifest over time.
Your Role:
The Product Manager is responsible for positioning a set of investment strategies, researching product/competitive trends, and driving product management initiatives across retail and institutional channels. The Product Manager needs to be proficient at articulating a strategy's investment process, portfolio positioning and rationale for specific holdings within the portfolio. This individual works closely with the portfolio managers and acts as a liaison between the portfolio management team and both internal and external constituents on product-specific matters. The individual also acts as a business manager for their strategies liaising with legal, compliance, marketing and other departments to help with content and other potential issues. This role is also expected to have a working knowledge of the P&L position for each of their respective strategies. Key to success in this role is demonstrating the ability to think outside of the box regarding marketing of the products, and to be nimble and re-focus quickly as business needs evolve.
The Product Manager acts as an extension of the portfolio management team, this individual must have a strong understanding of the markets and be regarded as a credible source of information and perspective for both fundamental and macro-economic factors affecting your respective asset class. They must be viewed as a subject matter expert on investment and product issues pertaining to their strategies.
The result is a multi-faceted, dynamic, and challenging role that demands highly developed skills in communications, stage presence, relationship building, business acumen, and analytics. We hire highly engaged, confident individuals who are persistently curious, will not settle for average, and continually strive to improve themselves, their work, and their environment.
What you would be responsible for:
The Product Manager will be responsible for coverage of a set of investment strategies across geographic markets and retail and institutional channels:
Product & Investments Expertise
- Work closely with the team's portfolio managers and CPMs to become deeply knowledgeable of each product. The Product Manager must have an intimate knowledge of the investment philosophy and process of each investment product supported. This includes a detailed understanding of current investment themes within the portfolio, knowledge of portfolio holdings, risk attributes of the strategy, past and current positioning of the portfolio, near-term outlook for the strategy and performance attribution.
- Represent investment teams to internal clients and external clients. Effectively articulate investment processes and performance and communicate the portfolio management team's outlook and investment perspectives.
- Know the competitive landscape/peer group; stay current on market trends and competitive developments in all relevant distribution channels. Be able to clearly articulate what differentiates our products from the competition
Business Management
- Act as client advocate and "general manager" with the business units, ensure products are delivering outcomes that match client expectations. This includes liaising with the legal, compliance, accounting and trading functions on matters relating to the investment strategies. The Product Manager should endeavor to support portfolio managers on these matters; exercising judgment as to if/when a portfolio manager should be involved.
- Assist the Product Director/Team Lead in the development and implementation of business plans to drive organic growth, profitability and asset retention. Recommend actions needed to improve our competitive positioning, enhance investment processes and optimize pricing. Partner with Product Development for new product or product rationalization initiatives.
Distribution & Marketing Support
- In partnership with the Client Portfolio Managers and investment team, develop a message for clients and prospects re: the investment capabilities of the team's various strategies. This includes playing a prominent role in creating and reviewing marketing and meeting materials, and providing regular communications, analysis and insights to our Sales team for use with clients.
- Develop and implement effective product marketing initiatives designed to build sales momentum and/or defend a critical investment franchise.
- Support Distribution with training, large conferences, meeting support. Manage the ongoing internal and external experience for our products and work with Marketing to support fund specific content.
- Assist Sales with custom proposals for significant business opportunities and participate in client calls/meetings as needed.
- Liaise with the firm's various marketing and RFP teams to ensure all data and responses regarding a given product are accurate and appropriate.
- Assist with quarterly investment commentaries and regulatory commentary content.
Experience you bring:
- Undergraduate degree required, preferably in business or related discipline.
- MBA/CFA preferred.
- Series 7 and 63 required.
- 4 - 8 years of related experience in financial services.
- Entrepreneurial spirit, with a focus on continuous improvement, willingness to take risks, embrace and lead change, determination to find creative solutions to problems. Strong work ethic and drive to succeed.
- Technical skills, including strong investment acumen, understanding of financial markets and economics, proficiency with Bloomberg, Microsoft Office, Morningstar and other software products.
- Passion for the industry and capital markets is a must.
- Highly developed communication skills, both written and verbal.
- Good people and interpersonal skills.
- May be expected travel occasionally.
The Salary offered for this position will vary based on skills, experience and location. The base Salary for this role is up to $120,000 USD.
Full Time / Part Time
Full time
Worker Type
Employee
Job Exempt (Yes / No)
Yes
Workplace Model
At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week, with two days working outside an Invesco office.
What's in it for you?
Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:
- Flexible paid time off
- Hybrid work schedule
- 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
- Health & wellbeing benefits
- Parental Leave benefits
- Employee stock purchase plan
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.
Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.