AVP, Mutual Fund Product Manager

Key responsibilities

• Manage implementation of product initiatives and strategic objectives for Mutual Funds
• Manage preparation for FVIT Board meetings including project/timeline and agenda management, development and editorial review of written material and exhibits, coordination with Fund and Trustee counsel, administration of online Board books, organization and dissemination of materials to Trustees, and meeting logistics
• Manage fund expenses and budgets in coordination with Funds’ treasurer, including: budget review and accrual processes; ongoing review of fund expenses and contractual and administrative fees; monitor Fund expense ratios; review, track and process fund invoices; analyze and recommend changes in expense caps when appropriate; provide detailed pro-forma analysis for proposed fee or expense changes or other initiatives with financial impact
• Manage Investment Adviser expenses and profitability including: Adviser expense allocations; coordination with internal finance teams on Adviser budgets and expense projections; review, track and process Adviser invoices; assess impact of fund initiatives on Adviser profitability; prepare profitability reports
• Maintain relationships with Funds’ service providers, including (but not limited to) Treasurer, Fund administrator, Board, outside counsels, and vendors
• Support variable insurance trust fund (VIT) investment platform for legacy variable annuity (VA) products, including management of fund changes, relationships with fund partners and third-party administrators, financial analysis and projections, and support for assumption review
• Maintain legal agreements for FVIT and VIT platforms

Qualifications

• College degree preferred
• Minimum of 7-10 years in a financial services environment, preferably mutual funds, with demonstrated progression in responsibility
• Knowledge of mutual funds and investment structures for VA or other investment-only product platforms
• Highly organized; ability to establish orderly systems for maintaining, tracking and easily referencing a variety of complex information and data
• Superior attention to details; process discipline
• Excellent analytical skills including ability to quantify impacts and synthesize data from multiple sources
• Strong interpersonal and communication skills (listening, written and verbal communications)
• Strong skills in writing and editorial review of written investment-related material
• Adept working with MS Excel, PowerPoint and Word
• FINRA Series 6 or 7 a plus