Serving as the Secretary of the Columbia Threadneedle Product Advisory Committee (PAC)
Participating in business management issues, such as 15C/pricing decisions
Hosting a monthly product change/new product implementation meeting communicating and coordinating changes to existing products and new fund launches.
Ownership of all Product team process documents, including Product Management and Development Routines, PAC Charter, Committee Stakeholder readiness documents
Managing team preparation for the Investment Oversight Committee and the Columbia Funds Board
The candidate will carry a high visibility role in exercises such as Portfolio Manager changes and product management's response to regulatory actions
Some examples of governance responsibilities include:
Working with finance to manage revenue impacts in advance of strategy changes or product rationalizations
Owning the process of implementing and communicating portfolio manager changes
Managing product responsibilities for share class consolidations/additions, share class splits/reverse splits, fund mergers, product name changes, benchmark adds/changes, modifications to investment mandates, and ETF conversions
Coordinating with 5P and Investment Risk Management as appropriate for fund actions, including strategy changes/modifications
Working with product development industry developments, understanding new vehicles and complex securities
Managing the internal seed deployment/return process for NA Product
Represent the Product team in the continued development/ expansion of Product Master
Requirements
Ability to influence and collaborate with or lead across the organization and at all levels to drive results.
Strong analytical and problem-solving skills using data to identify trends and issues and potential ways to solve the issue.
Experience with assigned product including understanding of compliance rules and regulations for product and industry.
A solid understanding of concepts related to assigned product and ability to explain these to others.
Project management experience.
Series 7 (or SIE and Series 7 top off exam) and 66 (or 63 & 65 combined) or the ability to obtain within a defined period of time.
Visa Sponsorship
Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).
In-Office Collaboration
Base Pay Salary
Benefits
Health insurancePaid time offPerformance bonus
Additional Information
About Our Company
Working at Columbia Threadneedle Investments you'll find growth and career opportunities across all of our businesses.
We're intentionally built to help you succeed. Our reach is expansive with a Columbia Threadneedle Investments global team of 2,300 people working together. Our capability is diverse with more than 550 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients' specific requirements. Our unwavering focus on our clients and strong financial foundation connects each of our enterprise businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities.
Job Description
The Director of Product Governance will represent product management and development in firm-wide initiatives, actively participating in the product team effort to maintain and improve the product line-up.
You will have regular exposure to the heads of Investment Management, General Counsels Organization, Operations, and Risk in order to facilitate changes to investment products and will be a structural expert in vehicles for delivery of investment strategies, including mutual funds, variable products, ETFs and closed-end funds.
Ameriprise · Boston, MA