Job FamilyAsset Management Product Development
Job Description SummaryAt Transamerica Asset Management, high performance, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.
Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment - one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.
Who we are:
Today, we're part of an international holding company, Aegon, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what's important to them.
Transamerica Asset Management (TAM) is a division within Aegon Asset Management, an active global asset management firm with investment capabilities that span public and private markets across asset classes, sharing a common belief in fundamental, research-driven active management.
What we do:
TAM's vision is to be a valued asset manager by growing a profitable, scalable investment platform that connects the right solutions to our clients' needs. We provide active fixed income and differentiated equity strategies by following our Investor First process and leveraging the capabilities of our suite of sub-advisers. Our business encompasses approximately $65 billion of net assets under management; consisting of variable insurance funds, retail mutual funds, ETFs, collective investments trusts and other assets.
Position Overview:
As a Product Strategist, you will be responsible for product development and product management of a subset of U.S. funds (Mutual Funds, ETFs) and their non-registered funds (CITs), including oversight of the lifecycle and viability of the funds.
Job Description PLEASE NOTE: This is a hybrid role, where the employee is expected to work a hybrid schedule in our Denver office.Responsibilities:- Define, develop and deliver products to support Transamerica Asset Management's strategy and product management function.
- Develop new U.S. funds, including product design, investment vehicle(s), and implementation.
- Oversee product management of U.S. investment vehicles and sub-funds, including ongoing profitability analysis, review of fund fees and expenses, and interaction with Management Company, intermediaries and regulatory/compliance units.
- Recommend changes to fund structures, expense allocations, total expense ratios (TER), and rationalization of individual funds and/or sub funds.
- Carry out sub-advisory relationship management.
- Represent the team during meetings with senior management and stakeholders; provide guidance and assist with issue resolution.
- Create and deliver presentations to senior management and peers on R&D research outcomes; highlight strategic recommendations for new products, enhancements, etc. Promote overall strategy and day-to-day tactics.
- Support with complex, strategic projects, including commercial, regulatory, and governance.
- Contribute to market analysis to identify product opportunities and improve the competitive positioning of the product range.
- Contribute to the development of marketing support, including key messaging and promotion to support sales efforts, asset retention, and drive awareness.
- Collaborate with training team on product training calls and materials.
Required Qualifications: - Bachelor's degree in a business related field or equivalent experience.
- 1-3 years of experience in a product management/product development role.
- Experience in a sales-driven, multi-channel, distribution environment.
- In-depth understanding of the mutual fund industry as it relates to the UCITS and non-UCITS environment.
- In-depth understanding of investment products, the financial industry, and capital markets.
- Knowledge of structuring and the operation of: Mutual Funds, ETFs, SMAs, and CITs in U.S. jurisdictions.
- Strategic thinker and self-starter to drive strategy for the product portfolio.
- Analytical skills to translate information into strategic and tactical recommendations.
- Communication skills to deliver presentations and create investment content for delivery through print and digital mediums.
- Project management skills.
- Team player with excellent interpersonal skills to establish and maintain relationships with business groups at all levels of the organization.
- Experience using industry databases (e.g. Morningstar, eVestment, Simfund, Lipper, Bloomberg).
- Proficient using MS Office (Word, Excel, PowerPoint).
Preferred Qualifications: **Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**
The salary for this position generally ranges between $135,000 - $148,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, the position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company's discretion.
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits:- Competitive Pay
- Bonus for Eligible Employees
Benefits Package:- Pension Plan
- 401k Match
- Employee Stock Purchase Plan
- Tuition Reimbursement
- Disability Insurance
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Employee Discounts
- Career Training & Development Opportunities
Health and Work/Life Balance Benefits:- Paid Time Off starting at 160 hours annually for employees in their first year of service
- Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays)
- Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
- Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child
- Adoption Assistance
- Employee Assistance Program
- College Coach Program
- Back-Up Care Program
- PTO for Volunteer Hours
- Employee Matching Gifts Program
- Employee Resource Groups
- Inclusion and Diversity Programs
- Employee Recognition Program
- Referral Bonus Programs
Job and compensation levels depend upon an applicant's qualifications including the extent of candidate's relevant experience and other job-related factors and will be determined by hiring supervisors/managers and HR.
#LI-Hybrid
What We Offer For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits
- Competitive Pay
- Bonus for Eligible Employees
Benefits Package
- Pension Plan
- 401k Match
- Employee Stock Purchase Plan
- Tuition Reimbursement
- Disability Insurance
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Employee Discounts
- Career Training & Development Opportunities
Health and Work/Life Balance Benefits
- Paid Time Off starting at 160 hours annually for employees in their first year of service.
- Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
- Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
- Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
- Adoption Assistance
- Employee Assistance Program
- Back-Up Care Program
- PTO for Volunteer Hours
- Employee Matching Gifts Program
- Employee Resource Groups
- Inclusion and Diversity Programs
- Employee Recognition Program
- Referral Bonus Programs
