Product Management - Newark (NJ), NJ Manager, Product Development
About the position
QMA’s Product Development team oversees the development and enhancement of investment products and solutions for the institutional and retail marketplace. The Product Strategy Analyst will work proactively to develop competitive and business analysis in support of QMA’s Product Development function. The ideal candidate possesses a demonstrated understanding of financial markets and products, strong analytical and writing skills, and the ability to manage multiple projects and tasks. Additionally, the candidate will have a solid understanding of the asset management business and investment products across multiple strategies (equity, multi asset class and alternative investments) and investment vehicles (i.e. ’40 Act funds, collective trusts, ETFs, UCITS, master-feeder structures, etc.).
Research and build comprehensive analysis and business cases for new strategies and/or new investment vehicles, with particular emphasis on competitive factors, market demand, strategic fit, pricing and profitability, operational and business complexity issues
Analyze, using multiple databases, the institutional and retail competitive marketplace to identify industry trends and for on-going and ad hoc reporting
Collaborate with the team to enhance the process for ongoing evaluation of QMA’s existing lineup of investment strategies and vehicles
Develop product presentations, proposals and recommendations
Work with cross functional teams including representatives from portfolio management, legal, compliance, operations, finance, sales and marketing to evaluate and execute on product initiatives for new and existing products
At least 5 years of relevant experience
Strong knowledge of the asset management industry both retail and institutional.
Outstanding analytical, problem-solving and organizational skills
Excellent written and verbal communication skills
Ability to manage multiple tasks with varying priorities
Experience working with quantitative equity and multi-asset investment strategies preferred (not required)
BA/BS Degree; MBA or CFA preferred (not required)
Strong MS Office (Excel, Word, PowerPoint), Morningstar Direct and eVestment skills
Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.
We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.
Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at firstname.lastname@example.org for more information about doing business with Prudential.