About

- Take the next step in your career and join a fast-growing boutique investment manager.
- Drummond Capital Partners manages a broad range of multi-asset portfolios for financial intermediaries in the fast-growing managed account sector.
- We are seeking an experienced, commercial, and execution-driven Senior Product Manager to manage our diverse range of investment solutions.

Key Responsibilities

1. Product Strategy & Roadmap

- Roadmap Management: Oversee a product roadmap presenting regular updates to the executive leadership team
- Market Intelligence: Maintain a comprehensive competitor product and pricing matrix across diversified managed accounts

2. Product Governance & Lifecycle

- End-to-End Governance: Oversee product development from initial scoping through Investment Committee/RE approval, platform onboarding, launch, and post-launch review.
- Disclosure & Compliance: Ensure accuracy of PDS inputs, Target Market Determinations (TMDs), product mandates, and fact sheets across all distribution channels.
- Master Product Register: Maintain a single source-of-truth product register tracking every portfolio, APIR, platform menu, fee schedule, and review date.

3. Platform Relationships & Distribution Enablement

- Platform Account Management: Act as the primary product point of contact for our seven platform partners
- Shelf Space & Commercial Terms: Negotiate shelf space, listing scope, and co-branding agreements.

4. Commercial, Pricing & Revenue Management

- Fee Consistency:



Standardise total client costs across platforms, monitoring dispersion tolerances and indirect cost ratios.
- RE & Rebate Operations: Negotiate RE fee arrangements, manage volume tiering, and oversee the end-to-end rebate reconciliation process.
- FUM Commitments: Track performance against platform-level FUM targets and ensure all tiering triggers are successfully claimed.

5. Investment Operations Interface

- Operational Setup: Act as the product owner for setting up new portfolios and platform listings (model mapping, cash rules, rebalance parameters).

Key Requirements & Experience

- Industry Background: Strong senior experience (5+ years) in product management roles within an Australian funds management business, platform provider or asset consultant.
- Domain Expertise: Deep familiarity with managed accounts, platform mechanics, and Responsible Entity (RE) structures.

Culture

- Be part of a growing and talented team who work together to achieve excellent outcomes for our clients.
- At Drummond, we are committed to embracing a diverse, inclusive and flexible work setting. We operate a relatively flat structure to encourage debate, independent thought and accountability.

This role suits a finance professional who wishes to join a growing business leveraged to the changing financial services landscape. Remuneration will be a combination of base plus bonus commensurate with relevant experience.

Please note: only short-listed candidates will be contacted for an interview

📌 Senior Product Manager (Melbourne)
🏢 Drummond Capital Partners
📍 Melbourne