Product Developer – Asset Management (Funds)
£750.00 per day (Umbrella)
London (Hybrid)
Contract until end of year
HSBC are currently searching for a Product Developer (Non-IT) to join their team in London. This role is part of the Product Development team within HSBC Asset Management, responsible for designing, managing and evolving investment products across Global and U.K. markets, with a strong focus on regulatory compliance, product governance and strategic range management.
Responsibilities:
Structuring and developing of funds, fund changes, mergers, closures
Specific reference to solutions for SFDR II
Enabling synthetic ETFs
Providing range management e.g. fee reviews and proposals
Reviewing product set and making recommendations on any amendments
Regulation SME pertaining to the product set including, but not limited to: SDR, UCITS, SFDR, ESMA naming
Leading \& coordinating projects with a high level of documentation requirements including establishment of new umbrellas or structural changes to existing umbrellas or funds
Leading other product related projects as required
Enable proposals on product or platform changes
Own completion of product specifications
Own analysis and subsequent completion of governance documentation
Manage all document disclosures/updates and production processes
Submit \& manage regulatory filings
Successfully complete an annual review of the fund documentation \& associated filing with agreement from stakeholders
Publish required documents to various distribution channels including applicable websites
Coordinate and minute meetings/retain logs as required including: working group meeting, ideation forums, meetings with external counsel
Draft board papers pertaining to product development \& amendments
Attend implementation calls as stakeholder and SME on the product
Experience Required:
8+ years experience in investment management and knowledge of investment strategies \& techniques, asset classes and asset management products
Evidence of detailed knowledge and understanding of fund regulation and specifically: SDR, UCITS, SFDR \& Mifid
5+ years experience in product development \& regulation
5+ years experience in managing fund documentation \&/or fund legal documentation
Evidenced experience of working with stakeholders to meet regulatory filing obligations and timelines.
Demonstrated project management skills
Capacity to engage with various stakeholders and to coordinate complex projects
Strong written and verbal English
Experience of interpreting regulation and defining language to accurately portray it
Evidence of understanding and ability to review and define knock on implications and requirements associated with change requirements through the fund documentation and business model \& implementing as required
Strong analytical skills, with a finance and/or business studies and/or economics background
Computer literacy (MS Office suite) is required
If you are interested, please do not hesitate to apply. Please note, in the event of high volumes of applications, we are only able to reach out to successful applicants in the first instance