Head of Fixed Income Product

Location: Milwaukee, WI | Hybrid schedule: 4 days per week in-office

About the role

This pivotal role shapes and executes Allspring’s fixed income strategy, focusing on delivering long-term value for institutional and wealth clients. The Head of Fixed Income Product collaborates with leaders across the organization to optimize the fixed income product portfolio, aligning it with complex, solutions-oriented client needs. The ideal candidate combines deep fixed income investment expertise with a strong commercial mindset, acting as a collaborative and influential leader to drive innovation and ensure high-quality, competitive products across distribution channels.

Responsibilities

• Design, develop, and implement a global fixed income product strategy aligned with Allspring’s long-term vision and distribution channel needs, crafting a compelling vision that addresses client problems or opportunities.
• Drive organizational buy-in and ensure disciplined execution, tracking, and follow-through post-implementation.
• Lead the full product lifecycle for fixed income strategies, from ideation and development to launch and commercial optimization.
• Support product managers for ETFs, managed accounts, and internationally distributed capabilities by coordinating cross-functional inputs, contributing analysis, and ensuring alignment across the fixed income platform.
• Continuously evaluate and refine the product suite to maximize profitability, client relevance, and market competitiveness, ensuring alignment with firmwide goals.
• Serve as the primary cross-functional point of contact across Investments, Distribution, Legal, Compliance, and Operations to drive alignment and seamless delivery of fixed income initiatives.
• Collaborate with the Head of U.S. Product to shape fixed income for the U.S. market while partnering with Heads of Managed Accounts, ETFs, and International Product for global cohesion.
• Actively track initiatives, risks, decisions, and deliverables, ensuring stakeholder accountability and follow-through across the product lifecycle.
• Analyze market trends, regulatory developments, and competitor activity to inform strategic decisions and guide asset optimization.
• Partner with Distribution and Marketing to position products effectively and develop compelling go-to-market strategies.
• Represent Allspring in senior-level client meetings, investment committees, industry events, and internal leadership meetings, delivering high-impact presentations and gathering insights for future product development.
• Drive revenue growth through product innovation, pricing strategy, and collaboration with Distribution teams.
• Foster a culture of excellence, innovation, and accountability within the fixed income product team.
• Contribute to broader business governance and leadership committees to ensure cohesive decision-making across fixed income products.

Requirements

• Bachelor’s degree in Business, Finance, Economics, or a related field. Advanced degree (Master’s, MBA) or CFA designation preferred.
• Minimum 10 years of experience in asset management, with at least 5 years in product strategy, development, or management roles.
• Client-facing experience is a plus.
• Deep knowledge of industry trends and ability to align them with Allspring’s capabilities to set a vision and rally organizational support.
• Proven track record of working with senior leadership to identify growth opportunities, drive innovation, optimize product portfolios, and maximize commercial opportunities.
• Excellent communication, interpersonal, and influencing skills, with the ability to navigate complex organizations and drive cross-functional alignment.
• High emotional intelligence and people leadership skills; ability to build and sustain a high-performance culture.
• Ability to remain in a stationary position for prolonged periods, operate computer programs, and communicate effectively in person and electronically.
• Comfort working in a collaborative environment with frequent interactions and interruptions.
• Legally authorized to work in the United States without sponsorship now or in the future.

Pay

Base Pay Range: $175,000 - $200,000. Actual base salary may vary based on relevant experience, time in role, internal peer benchmarks, prior performance, business sector, and geographic location. The compensation package may also include participation in an incentive program linked to performance, such as annual discretionary bonuses or other incentive plans.