Hybrid -Pittsburgh, PA (preferred), Boston, MA or Chicago, IL
What You’ll Do
As a Product Manager/Senior Product Manager for Liquidity products and strategies, responsibilities will include developing and executing strategies and tactics that drive profitable asset growth in mutual funds and other investment vehicles. Strong industry and product expertise, along with excellent analytical, communication, and leadership skills will be the foundation for your success. Cross functional partnerships on projects critical to all stages of the products’ lifecycle will provide the opportunity to meaningfully contribute to the Company’s long-term strategic growth.
Duties include but are not limited to the following:
Lead the development and execution of comprehensive product line strategies to achieve profitable asset growth for select domestic and international equity products and strategies; act as a champion for assigned products
Proactively identify product sales and marketing opportunities based on industry trends, the investment environment and competitive advantages
Collaborate with Sales, Investment Management, Marketing and clients to define, develop and implement specific strategic and tactical product initiatives; lead/contribute to multi-functional teams to achieve specified objectives
Define product positioning and key elements of differentiation; support sales and marketing initiatives via contributions to RFPs/RFIs, presentations, marketing collateral, wholesaler training and education, etc.
Lead assessments of new business/product opportunities, soliciting contributions from Market Research, Investment Management, Sales Management, Decision Support, etc.
Develop Executive Staff proposals for new products as well as for enhancements, extension and rationalization of existing products
Participate in M&A opportunity evaluation and deal implementation
Achieve and maintain expertise in relevant product and market/channel characteristics, including a thorough understanding of client needs and the impact of marketplace dynamics and competitor activities
The Expertise We’re Looking For
Bachelor degree in business or equivalent field required; MBA preferred
Minimum 3 years of product development/management or marketing experience in the financial industry with experience in product communications, market development and interpreting and applying market and analytical research required; 5 years of experience in the investment management industry preferred
In-depth knowledge of competitors’ financial products and ’40 Act products required
In-depth knowledge of marketing strategies and techniques required
Knowledge of money market funds (MMF)/liquidity products and markets preferred
In-depth knowledge of Federated’s Money Market Funds preferred
Knowledge of a broad array of investment products; i.e., mutual funds, collective funds and separate accounts, products preferred
Our Investment in You
We believe our employees are our most important asset! Therefore, we offer benefits programs designed to help you and your family thrive, training programs to advance your professional development and opportunities for you to give back to the community. Our offerings include:
A competitive total compensation package, including bonus programs designed to recognize and incentivize our employees to do their best every day
Time off programs including paid vacation, parental leave and a volunteer day to help you stay healthy and connected to the things that are important
Opportunities to expand your professional network within the firm and the community through participation in programs such as the Women in Investing Employee Resource Business Group and the University Ambassador Program.
About Federated Hermes
At Federated Hermes, our goals are to help individuals invest and retire better, to help our clients achieve better risk-adjusted returns, and to contribute to the positive outcomes in the wider world. We pledge to always putting our clients first and to acting responsibly and transparently. Our commitment to active, responsible investment has enabled us to become a leading investment manager with $701B in assets under management; serving investors around the world.
We provide careers opportunities that have enabled our employees to grow and meet their career aspirations while balancing the needs of their personal lives. We offer a collaborative environment that promotes doing things the right way and always with integrity, sharing ideas to drive positive change, and following through on our commitments. We are motivated by a higher purpose and always consider the impact of our work. We promote teamwork and foster a diverse, inclusive and respectful workplace where unique perspectives, ideas and experiences are recognized and appreciated for the contributions they bring. At Federated Hermes, we are committed to providing equal employment opportunity in all aspects of employment. As part of the company's equal employment opportunity policy, Federated Hermes takes affirmative action to ensure that minorities, females, veterans, and qualified people with disabilities are considered for employment and promotional opportunities.
For more information, please go to Federatedhermes.com or click on the following link:
For more than 60 years, Federated Hermes has provided world-class investment solutions to financial professionals in the United States and around the world. Federated Hermes' employees have defined the qualities of the company’s success over the decades: a reputation for integrity and excellence, a commitment to customers and employees and a history of longstanding client relationships. While each market cycle brings new opportunities and challenges to the company, Federated Hermes continues to foster employee commitment to excellence in the investment management industry.