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Senior Product Manager

Location: Brighton
Posted on: September 25, 2022

Job Description:

At Edward Jones, we help clients achieve their serious, long-term financial goals by understanding their needs and implementing tailored solutions. To ensure a personal client experience, we have located our 15,000+ branch offices where our more than 7 million clients live and work.

In a typical branch office, a financial advisor meets with clients and receives branch office support, so they can focus on building deep relationships with clients. Headquarters associates in St. Louis, Tempe and Mississauga provide support and expertise to help U.S. and Canada branch teams deliver an ideal client experience. We continue to grow to meet the needs of long-term individual investors.Work closely with the Senior Product Leader and/or General Partner for developing and executing the firm's product management and strategy for managed investments (eg. mutual funds, ETFs, UITs, 529 plans, donor-advised funds) to ensure branch teams have quality products and support needed to help clients achieve their financial goals. This is an individual contributor role.

1) Design and develop innovative Managed Investment products that align with firm advice and guidance in collaboration with internal and external stakeholders. Determine the data, insights and analysis needed to inform product strategy and development.

2) Responsible for Managed Inv. product partner relationships of significant size, complexity, number or impact in order to:
a) manage and maintain their portfolio of products including making recommendations to add / remove / change products or product partners as needed.
b) shape and drive execution of business plans that align with firm strategic direction
c) ensure that product literature and wholesaling support is effective (quantity and quality), aligned with key firm messages, and compliant. Assist in the design of efficient and effective ongoing processes and controls.
d) influence the design and development of integrated platforms, systems, tools and processes that create a better client and branch team experience
e) resolve complex / broad product partner issues as escalated. Determine root cause and apply system thinking to prevent future occurrences.
f) regularly interface with product partner peer contacts (Eg. key account managers, product managers, national sales managers, and operational leaders)
g) assist in the coordination and alignment of product partner relationship management activities above across all product partners

3) Serve as a subject matter expert for the Managed Inv. product line for the firm. Includes advanced knowledge of multiple product partner products, features, benefits, pricing, etc. and their relative positioning in the marketplace.
Managed Investments products include Mutual Funds, ETFs, 529 Plans and UITs.

4) Understand and interpret rules and potential rule changes in the tax, legal and regulatory environment for the product line; make recommendations that help shape the firm position with respect to tax, legal and regulatory issues for these products/programs.

5) Leads significant additional responsibilities specific to the team or area (Eg. recruiting, training, product partner coordination, wholesaler effectiveness)

6) Lead broad division, firm, or industry initiatives and events as needed to represent the product line in alignment with firm strategy (Eg. cross-divisional projects, internal committees, product partner events, regional events, industry groups, etc.)

7) Develop and recommend risk mitigation strategies to ensure continuity and effectiveness of the product line while minimizing risk to clients and the firm.

8) Mentor team members and assist in the ongoing development of their subject matter expertise.Qualifications Required in the Job:
Bachelor's degree required with quantitative discipline preferred (Eg. finance, economics, accounting, math, engineering, actuarial science, etc.).
Series 7, 66 required within 12 months of hire.
Advanced degree or relevant industry designation(s) preferred (e.g. Managed Investments: CFA, CIMA, CFP, ChFC, CPA, etc).

Years of Experience:
Generally, 10+ years of relevant financial services experience, with Investment Product Management or Portfolio Management experience preferred.

Functional Knowledge:
Deep subject matter expertise in product line products
Exceptional technical aptitude and analytical skills
Highly collaborative
Highly effective written, verbal and presentation skills
Advanced proficiency with systems and tools including MS Office, Tableau and databases

Problem Solving:
Problems faced by associates in this role tend to be advanced, complex and unstructured. Achieve results independently and occasionally through others.

Decision Making:
The decisions in this position are high in impact.

Span of Influence:
The span of influence in this position is high. Regularly interface with associates and leaders in Branch Development, Compliance, Finance, Legal, Products, Product Review, Operations, Service and Solutions.

  • 2021 FORTUNE 100 Best Companies to Work For By Great Place to Work and FORTUNE Magazine Edward Jones was named No. 20 on the list.
    • From FORTUNE 2021 FORTUNE Media IP Limited. All rights reserved. Used under license. FORTUNE and FORTUNE 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. FORTUNE and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Edward Jones Investments.2021 Corporate Equality Index Edward Jones joins the ranks of 767 major U.S. businesses that received top marks in the Foundations 19th annual scorecard on LGBTQ workplace equality.
      From The Human Rights Campaign. All Rights Reserved2021 Training Top 100 list - Edward Jones ranked No. 19, up six spots from last year in its 21st consecutive year on this prestigious list.J.D. Power, 2021 Edward Jones has ranked "highest in Employee Advisor Satisfaction among Financial Investment Firms" in the J.D. Power 2021 U.S. Financial Advisor Satisfaction Study.
      Edward Jones received the highest score among employee advisors in the J.D. Power 2007,2008, 2010, 2012-2015, 2017-2021 Financial Advisor Satisfaction Studies of employee advisors satisfaction among those who are employed by an investment services firm. Visit jdpower.com/awards for more information.Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.At Edward Jones, we value and respect our associates and their contributions, and we recognize individual efforts through a rewards program that promotes a long-term career, financial security and well-being. to learn more about our total compensation approach, which in addition to base salary, typically includes benefits, bonuses and profit sharing. The salary range for this role is based on national data and actual pay is based on skills, experience, education, and other relevant factors for a potential new associate:
      Salary: $106916 - $182047
      Category: Headquarters

Keywords: EDWARD JONES, Springfield , Senior Product Manager, Accounting, Auditing , Brighton, Illinois

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