Assistant Manager – Product Strategy & Development
hace 3 días
City of London
Job title - Assistant Manager – Product Strategy & Development Location – London About Federated Hermes; Federated Hermes, Inc. is a global leader in active, responsible investment management, with $871.2B in assets under management, as of October, 31st, 2025. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed-income, alternative/private markets, multi-asset, and liquidity management strategies to more than 11,000 institutions and intermediaries worldwide. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks, and broker/dealers. Headquartered in Pittsburgh, Federated Hermes has more than 2,000 employees in London, New York and offices worldwide. For more information, visit FederatedHermes.com Main Function of the role: This is a high profile and business-critical role given the importance of developing and managing client-centric and innovative products (funds and segregated mandates) across all asset classes managed by the international business of Federated Hermes to support future growth and continued success. In addition to core product strategy and development activities, the jobholder will be expected to support the firm’s distribution and corporate strategy initiatives. There is an emphasis on maintaining strong relationships with a number of key business areas within Federated Hermes, in particular investment management, business development, compliance, risk, legal and operating teams to help deliver future product growth. The jobholder will work closely with key stakeholders from the above teams, as well as suppliers of outsourced services, to help shape robust business cases for new products and changes to the existing range. The jobholder will be expected to support the business in understanding issues such as selecting fund domicile and structures, fund arrangements, competitor and asset class information including researching and preparing proposals to assist management in decision making. They will have a working knowledge (or interest in acquiring knowledge) of relevant regulation (MiFID II, AIFMD and UCITS) and its impact on the business and fund ranges in order to support product development and business-wide initiatives. As part of the role, the jobholder will be expected to promote the product governance approval processes across the business and may also be required to act in a secretarial function for relevant product governance committees. Key task and responsibilities: • Build and manage strong relationships at all levels with key stakeholders across the business, such as the investment management, business development, operations, compliance and legal teams, to promote the effective setting and delivery of product strategy and development., • Promote client-centric activity aligned with Federated Hermes’ responsible investment focus and the expectations of the regulator(s)., • Project manage the implementation of product development, change and ongoing product management activities., • Maintain an effective balance between efficient delivery and the ability to respond to market opportunities., • Understand the competitor landscape and use market intelligence to inform product design – prepare market research analysis using data bases and third-party provider information., • Support Federated Hermes in its response to regulatory change and participate in working groups as required., • Maintain the product pipeline and assist in preparing management reports for the business on product-related activity. Minimum Experience Required: -Minimum 2+ years’ industry background (preferably Product Development or related), in order to demonstrate the skills and knowledge necessary. Other experience backgrounds within asset management and business / investment consulting providing relevant transferable skills / knowledge will also be considered. -Project management skills expected. Experience Required: -Familiarity with UCITS, AIFMD and MiFID II regulation. -Broad knowledge of pooled funds and how investment products are sold is helpful. -Strong intellectual skills evidenced by good results in top-ranked University degree level education (or equivalent). -Professional qualification e.g. in finance, accountancy, law or tax is desirable although not a pre-requisite. Candidate Profile: • A strong entrepreneurial outlook – self-starting with ability to show initiative and a desire to drive tasks through to completion in timely manner., • Strong planning and organisation skills and high attention to detail., • An ability to express complex concepts in clear language - exceptional communication skills (emails, board papers, presentations, meetings)., • The ability to build relationships and influence stakeholders at all levels of management across the business and suppliers., • An awareness of operational, reputational and investment risk and the ways these can be mitigated., • Highly intellectual with the ability to act in a proactive professional manner, either autonomously or as part of a broader team., • An ability to multi-task and lead complex change projects - at times the successful candidate will be required to drive more than one proposal at a time alongside overseeing projects managed by other team members., • Strong strategic analysis and proposition development skills., • Good investment knowledge across a broad range of investment strategies and the regulatory landscape across the UK, US, Ireland and Luxembourg., • Knowledge and understanding of the institutional and wholesale investor landscape in UK and Europe. Global investor knowledge is also desirable. Diversity, Inclusion and Flexible Working We believe in genuine opportunity, fairness, and respect for all applicants and aim to ensure that no current or prospective employee is subject to discrimination or treated less favourably on the basis of their disability, gender identity or expression, race, ethnicity, religion or belief, marriage or civil partnership, pregnancy and maternity, age, sex, or sexual orientation, or disability. We understand that applicants may have different needs and expectations related to their working arrangements and are committed to a discussion on flexible working. Please raise these with your Recruitment contact to discuss what type of arrangements can work for you and the role for which you are applying. We welcome applications from all eligible candidates, and we particularly encourage applications from qualified candidates who identify as women and/or are from a Black, Asian and Minority Ethnic background, as these groups are underrepresented throughout the financial services sector. We are a Disability Confident Employer and participate in the “Offer of Interview” scheme, intended to actively encourage applications from people with a disability or long-term condition and offer an interview to those who meet the minimum criteria set out within this job description. You will need to let us know if you would like to opt in to this scheme by contacting Jessica Sheehan at or +44 207 702 0888. You do not need to share details of your disability or long-term condition. If you would benefit from alternative methods of applying or for workplace adjustments during the recruitment process, please also let us know by contacting Jessica Sheehan at or +44 207 702 0888 to discuss the support you need.