About the opportunity
The Global Product team is made up of three teams covering the product ranges across Asia and Europe (inc. Latin America) and a team covering systematic strategies and exchange traded vehicles. Each team has a specialist group focusing on the reseach and development of product designs and another group focusing on the efficient implementation of products and projects impacting the product range. In addition the department contributes to the oversight of outsourced strategies.
Purpose of the Role
The Director of APAC Product Development is responsible for researching, developing, and managing all Asian ranges of active investment products of Fidelity International. This person will need to be a proven business leader who has the ability to think strategically about market opportunities and innovation, and can help the Product Developers quickly get from concept to design to market-ready products. He/ She will need to have experience in building out world-class product teams with a focus on entrepreneurial talent and methods. He/ She will have at least 10 years of product management experience in a progressive and creative environment, likely within asset management or another regulated financial services industry.
He/ She will have a demonstrated proficiency at applying innovation techniques to “real world” ideas. The ideal candidate will have a senior level background and a strong business pedigree. He/ She will be experienced at attracting strong product talent to build a “best-in-class” product team. The ideal candidate will also bring experience of working within a matrix organization where relationship building is paramount, while at the same time being entrepreneurial and moving fast.
The Director of APAC Product Development leads a team of entrepreneurial-minded Product Developers and Research Analysts. He/She will grow and mentor the team to ensure that each team member is supported with the right level of business and product resources. He/ She will lead Fidelity International`s product development activities for Asian markets. The Director of APAC Product Development will be experienced with the full product lifecycle from opportunity identification and evaluation, early strategy, through product development, before launch in market.
As Director of APAC Product Development you will be highly visible and will play an important leadership role within Fidelity International`s Senior Management Team. As such, you will have the opportunity and responsibility to help monitor and shape the performance of the organization, taking on critical challenges and contributing to the overall strategy and success.
Experience and Qualifications Required
The Skills You Bring
• Setting Strategy
o Deep knowledge of core business strategy frameworks, competitive analysis, market definition, and market sizing.
o Ability to rationalize and frame a portfolio of new business development efforts to align to strategic goals.
o Insight into business development in new emerging markets
• Sourcing and Evaluating New Opportunities
o Proven ability to identify new markets and new product opportunities
o Research and analytical skills to evaluate and compare opportunities
o Wide area thinking to synthesize ideas across industries and channels
• Product Development
o Deep knowledge of efficient product development, and other product management business practices.
o Experience in development, product positioning, and requirements creation
o Understanding of derivatives, overlay techniques and probability based portfolio construction techniques
o Experience in development of alternative products and professional client driven solutions
o Track record of getting things done on time within tight deadlines and on budget.
o Comfortable dealing with ambiguity and change while cautious by understanding risks and threats.
o Ability to work in a highly entrepreneurial, fast-paced environment.
• Product Research
o Ability to manage a forward looking and insightful product research capability
o Credibility in helping develop applied research to support strategic decision making on investment capabilities, product and commercial focus
o Deep knowledge of industry source material and data providers in both the institutional and retail/wholesale arenas
o Track record in the translation of research into forward looking conclusions and concrete actions in products
o Prior experience in launching new products to markets and/or creating new market categories.
o Experience in both retail and institutional business models
o Broad toolkit of techniques to find product/product fit by testing growth and value hypotheses.
• Leading Teams
o Experience attracting, developing and retaining strong product management talent for a customer-centric company.
o Is an authentic leader who identifies with FidelityInternatonal’s values, and possesses genuine passion for success and accountability for self and others.
o Ability to lead a matrix organization with both direct and indirect reporting lines.
o Experience being a mentor and builder of nimble and passionate teams.
o Experience in remote management of teams in different locations
• Relationship and influence
o Proven experience working in a complex environment where relationship building is critical, yet at the same time being entrepreneurial and fast-paced.
o Proactively seeks the views of others before making decisions while possessing excellent negotiation skills to achieve win-win outcomes that are in best interest of the enterprise strategy.
o Fully effective negotiation, facilitation and consensus building skills.
o Galvanizing through compelling influence while connecting by empowering and developing others.
o Fluent mandarin would be a significant advantage in the role
About Fidelity International
Fidelity International offers investment solutions and services and retirement expertise to more than 2.5 million customers globally. As a privately-held, purpose-driven company with a 50-year heritage, we think generationally and invest for the long term. Operating in more than 25 locations and with $565.7 billion in total assets, our clients range from central banks, sovereign wealth funds, large corporates, financial institutions, insurers and wealth managers, to private individuals.
Our Workplace & Personal Financial Health business provides individuals, advisers and employers with access to world-class investment choices, third-party solutions, administration services and pension guidance. Together with our Investment Solutions & Services business, we invest $437 billion on behalf of our clients. By combining our asset management expertise with our solutions for workplace and personal investing, we work together to build better financial futures.
Our clients come from all walks of life and so do we. We are proud of our inclusive culture and encourage applications from the widest mix of talent, whatever your age, gender, ethnicity, sexual orientation, gender identity, social background and more.
As a flexible employer, we trust our people to perform their role in the way that works best for them, our clients and our business. We are a disability-friendly company and would welcome a conversation with you if you feel you might benefit from any reasonable adjustments to perform to the best of your ability during the recruitment process and beyond. Data as at 30 June 2020. Read more at [...] to this Job Role: Please note you are only required to upload your CV/Resume to the application screen.