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Director, Investment Product Management

Morningstar, Inc.
Sydney, Australia
12 days ago


Morningstar has been committed to empowering investor success for over 35 years. We continue this mission in 27 countries and with our global reach, we empower investors worldwide to attain their financial goals. One way we accomplish this is by offering independent research and great software products to financial advisers and individual investors. We believe that when the investor wins, we all win.

At Morningstar, your contributions have meaning and can drive change. We offer a place where talented, driven people can grow. Our differences are our strength; the fact that we don't all think the same way and encourage unique perspectives helps create great products and services for our clients.

Morningstar deeply values diversity and considers having a diverse employee base as core to the intellectual vibrancy of our spaces, the employee experience, and ultimately, business success.

About the Role

Reporting jointly to the Global Head of Product and the Managing Director, APAC, this role leads investment product development for our multi-asset and single sector managed portfolio strategies including risk-based and outcome-based strategies. You will be responsible for formulating product strategy, determining product development roadmap and prioritization and leading the development of new product enhancements/features. You will also oversee digital product development for the Australian business. You will work with Investments, Operations, Technology, Compliance, Marketing, Sales, and Account Management to execute the strategy. The ideal candidate will understand the market demand and requirements, the competitive landscape and revenue impact/opportunities, serve as a subject matter expert on our multi-asset and single sector strategies both internally and externally, and will continuously find ways to enhance the products by working cross-functionally with the various stakeholders and support teams.

You will lead the investment product team responsible for product development, management and rationalization for our managed portfolios including managed funds, ETF's, SMA's and direct security portfolios delivered to financial advisers and end investors. You and your team of product managers act as product experts to translate market trends, customer needs, competitive intelligence, and Morningstar intellectual property into innovative portfolios that create great investment outcomes for financial planners and their clients.

Job Responsibilities
  • Formulate product strategy, determining product development roadmap and prioritization
  • Own the development, lifecycle management including enhancements, extension and rationalization of our multi-asset and single sector managed portfolio product lines
  • Directly manage, motivate and develop the investment product management team and act as matrix manager for the digital product management team based in Sydney
  • In conjunction with global and regional functional stakeholders, determine and prioritize the digital product roadmap requirements for the Australian business
  • Develop proposals for new investment products as well as for enhancements, extension and rationalization of existing products
  • Lead investment product development and cross-functional launch efforts by following our product launch playbook
  • Develop investment product positioning content as well as working with internal parties to ensure representation of the multi-asset and single sector managed portfolio strategies is accurate and compelling.
  • Answer product inquiries, assist in crafting and creating investment product messaging and positioning using deep analytical and competitive intelligence
  • Identify resources and collect information to research and analyze all aspects of competitor products, peer performance and competitive industry landscape, and then use that intelligence to support messaging.
  • Proactively identify product innovation and existing product positioning opportunities based on industry trends, current market environment and competitive advantages to meet customer needs
  • Perform analysis on key performance indicators (KPIs) and measurements of product success (product revenue, product profitability, customer satisfaction, quality, cost implications, forecasts, etc.) to inform product design

  • Minimum 10 years investment product development/management experience with deep understanding of all aspects of product development, positioning and implementation within a financial services environment.
  • Demonstrated proficiency in interpreting and applying market and analytical research required
  • Highly effective communicator with excellent writing, presentation and interpersonal skills. Ability to articulate complex investment topics
  • Knowledge of advisor channels, experience working with the financial advisor community and/or managed account platforms
  • Proven track record of leading large, cross-functional projects or initiatives
  • Strong problem solving and analytical skills including demonstrated experience with research, data gathering and ability to think strategically
  • Strong interpersonal and relationship building skills, with a proven ability to collaborate with diverse, multi-functional teams.
  • Bachelor's degree required; MBA preferred, CFA designation a plus
  • Full-time position based in Sydney; minimal travel including international locations is possible

Please attach a resume and cover letter to your online application.

Due to the current travel restrictions in place, we are currently unable to extend offers to anyone who does not have the legal right to work from Australia due to the current lockdown visa/travel restrictions.

Consequently, we will be prioritising candidates who can start in this Sydney location for this role.

Morningstar is an equal opportunity employer

704_MstarAusAsiaPtyL Morningstar Australasia Pty Limited Legal Entity

Job Information

  • Job ID: 59205054
  • Location:
    Sydney, Australia
  • Position Title: Director, Investment Product Management
  • Company Name: Morningstar, Inc.
  • Position: Other
  • Job Type: Full-Time

Please refer to the company's website or job descriptions to learn more about them.

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