Assistant Product Manager Job Description
If you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking.
For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could be. And turn our legacy into something even more positive and powerful for the future.
Help people create their tomorrow, while you create yours
We help people with their banking, super, retirement and finances. Through upturns, downturns, recessions, and major life transitions. Every day, we help people see and make more of their financial potential, so that they can create their tomorrow. And we've been doing it for over 170 years.
If we do our job well, we genuinely add to the prosperity of our country and its people.
How you'll make an impact
The Assistant Product Manager role is responsible for the management of AMP's Managed Portfolio products set. This involves maintaining competitive and compliant products and solutions and creating strong product value propositions for customers and advisers to drive increased cashflow and revenues and retain existing value. In addition, the role is responsible for Relationships and Commercials with External fund managers on the North Investment menu as well as the MP Asset Consultants/Investment managers.
Main focus areas will include but not limited to:
Product Management & Development Drive continuous improvement of investment products through strategic enhancements and maintenance to maximize value for customers and AMP. Support product development initiatives and manage new investment manager onboarding processes. Support implementation of regulatory compliance requirements and product changes. Collaborate with the Disclosure Team to ensure accurate and compliant product documentation. Lead relevant EFM, IMA, Rebate Agreement management and operational implementation. Support Senior Managers and Head of Investments & Managed Portfolios on product strategy. Support strategic projects related to Managed Portfolios and investment menu growth. Contribute to ongoing competitor analysis to inform investment menu decisions. Contribute to ongoing technology development initiatives for Managed Portfolio and Investment solutions. Stakeholder Management Maintain comprehensive support materials and product communications for internal and external stakeholders. Manage inquiries from Distribution, Operations, and external partners regarding Investments and Managed Portfolios. Facilitate effective communication with clients, advisers, and BDMs regarding investment menu changes. Support in building out detailed management reports for senior management and Trustee/RE boards. Risk & Compliance Ensure robust risk management through: Swift resolution of incidents and breaches related to managed portfolios and investment menus. Development and maintenance of key process documentation. Implementation of comprehensive risk mitigation strategies. Team & Culture Foster a collaborative, knowledge-sharing environment. Contribute to building and maintaining a high-performance team culture. Promote continuous learning and professional development within the team. What you will bring to the team
Ideally, you will bring the following experiences to this role:
Demonstrated experience in the Australian wealth management market (3+ years) across Product, including Wrap Platforms, superannuation, retirement, and advice. Demonstrated experience in funds or asset management, investment operations and distribution (3+ years). Experience working within a Managed Portfolio Product is advantageous. Understanding of compliance requirements, relevant legislation, and the role of regulators. Business related tertiary qualifications and/or relevant post graduate qualifications e.g. law/finance/commerce degree. Strong attention to detail. Product management and/or development experience and skills. Proven experience in Platforms, managed portfolios and investment products. Strong cross-functional stakeholder engagement and relationship management. Sound understanding of regulatory environment. Sound PowerPoint presentation and go to market strategy focus. Strong understanding of the competitive market in which AMP operates with a customer first mindset. Effective analytical and implementation skills. Ability to work effectively in a dynamic environment and comfortably deal with change (marketplace and business). Ability to make sound and justifiable recommendations and the confidence to present those recommendations to Boards and investment committees if required. You'll thrive here if...
If you can adapt from BAU to the ambiguous with ease, you'll do well here. Change is never easy, so bring your commitment, grit and growth mindset.
Because we run lean, you'll be expected to jump in and deliver across a variety of areas. Meaning, you'll be closer to the action and executive decisions that influence where we go next.
If you're someone that can hold their own, you'll find AMP quite liberating.
Why we think you'll love working at AMP
Doing what we've always done is not an option, so your clever ideas will get airtime here. You'll be encouraged to speak up and try new things. If they don't work, we move on - better for it.
We know there's no one way of doing things. So, you won't have to sacrifice who you are or how you work to fit in here. We're inclusive and flexible in many of the ways you'd expect. And in some of the ways you wouldn't. As long as your health and wellbeing come first - at home and at work.
In fact, most of what makes AMP such a welcoming, enjoyable place to work are our people. Wherever you go, you'll find moments to connect, feel valued and do meaningful work.
Whether it's through our first-class leaders who are invested in you and your success. Through year-round opportunities to volunteer, fundraise and give back to the community. Or in the everyday challenges you face as we work together to strengthen this great organisation. Challenges that will stretch you, amplify your potential and compound the impact you have.
We believe in the power of inclusion and diversity
We're dedicated to fostering inclusion, diversity, and a warm feeling of belonging at AMP. It sparks creativity, ignites innovation, and turns up the dial on the quality of our decisions and performance. This not only makes our workplace more engaged, but also leads to better connections with our customers.
We're your allies in the search for the perfect fit - when you apply, let us know how we can support you to put your best self forward during our selection process.
We're also committed to enhancing employment opportunities for Aboriginal and Torres Strait Islander people, so we enthusiastically encourage candidates from these backgrounds to apply and explore our Reconciliation Plan on our website.
Ready to create your tomorrow?
If you're someone who sees opportunity where others see challenge, come and work with us in smart, progressive ways as we transform an iconic Australian brand for the future. And, through a series of career-defining moments, create your own tomorrow.
Don't procrastinate! We review applications when we get them, and if we discover the ideal candidate, we may close the role earlier than the advertised close date.
Looking forward to meeting you.
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