22 Sep
|
Drummond Capital Partners
|
Melbourne
22 Sep
Drummond Capital Partners
Melbourne
Take the next step in your career and join a quick-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-drivenSenior Product Managerto manage our diverse range of investment solutions.
Key Responsibilities
Oversee a product roadmap presenting regular updates to the executive leadership team
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.
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).
6. Client Outcomes & Product Experience
Ensure adviser and client needs are considered throughout the product lifecycle.
Own the end-to-end product experience across platforms, reporting, documentation and adviser workflows.
Coordinate clear, accurate and timely product communications.
Establish feedback loops with clients and client-facing teams and translate insights into product improvements.
Take ownership of product-related client issues and coordinate timely resolution.
Conduct post-launch reviews covering adoption, client feedback and operational effectiveness.
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.
Client First:A genuine client mindset and demonstrated commitment to improving client outcomes and experience.
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 environment.
We operate a relatively flat structure to encourage debate, independent thought and accountability.
This role suits a finance skilled 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
#J-*****-Ljbffr
📌 Senior Product Manager (Melbourne)
🏢 Drummond Capital Partners
📍 Melbourne