Thornburg is a global investment firm delivering on strategy for institutions, financial professionals and investors worldwide. The privately held firm, founded in 1982, is an active, high-conviction manager of fixed income, equities, and multi-asset solutions. With $38.7 billion AUM and $1.2 billion AUA as of 31 December 2022, the firm offers mutual funds, closed-end funds, institutional accounts, separate accounts for high-net-worth investors and UCITS funds for non-U.S. investors.
Thornburg’s U.S. headquarters is in Santa Fe, New Mexico with offices in Hong Kong and Shanghai.
As an independent firm, Thornburg can take on a wide range of opportunities, explore ideas thoroughly and work across strategies to deliver consistent risk-adjusted outperformance over the long term. The firm attracts free-thinking professionals who are eager to pursue investment outcomes beyond the confines of popular wisdom. From nimble operational capabilities to principles and actions fitting of a global citizen, Thornburg’s world-class investment platform and team are aligned on strategy to serve investors.
Job Summary
The Head of Product plays a pivotal role in steering the organization's investment product portfolio towards excellence. Responsible for the dynamic development, meticulous management, and continuous enhancement of our investment products, this role is at the forefront of shaping our competitive edge.
Key responsibilities include defining and deciphering competitive market requirements and opportunities, carefully crafting innovative investment products, and delivering unwavering support to fortify the competitiveness of our existing offerings. This entails a proactive approach to integrating risk management, regulatory compliance, and real-time market intelligence to meet client needs in every phase of the product lifecycle.
In essence, the Head of Product is the architect of our success in the ever-evolving landscape of investments, ensuring our products not only meet but exceed industry standards while staying agile and adaptive to the challenges posed by risk, regulations, and market dynamics.
Duties and Responsibilities
- Holds overall responsibility for the organization's investment products.
- Oversees the firm's investment products, developing and managing solutions tailored to client needs in asset management.
- Facilitates collaboration among various teams for effective product support, including marketing, sales, operations, legal, risk and compliance, and technology.
- Monitors industry trends, interprets data for product development, and identifies new opportunities to meet customer needs.
- Takes a client-focused, strategic approach, demonstrating deep product knowledge and conducting detailed analyses of client segments and the competitive landscape.
- Takes a lead role in creating and executing product management roadmaps, emphasizing pricing, promotion, and distribution strategies to position products strategically and determine competitive differentiators.
- Generates ideas and solutions to enhance product performance.
Requirements
- Bachelor’s Degree or equivalent combination of education and experience - required .
- 5+ years of experience in Financial Services Sales or related field.
- 3+ years supervisory experience.
- 7-10 years of experience in product management, operations, client management - preferred.
- Series 7, and 66 (or equivalent) - required .
- Series 24 required within 6 months of hire.
- Strong coaching skills and willingness to provide constructive feedback.
- Proven results and demonstrated sustainable success in a competitive sales environment.
- Ability to work at a computer for extended periods of time.