About this role
An Associate, Product Manager at BlackRock in Shanghai will drive the broad activities of the product team within Wealth Management China (WMC). The role centers on creating and articulating strategic plans for existing and future products, considering client needs, industry trends, market dynamics, regulatory context, and technology advances. A key deliverable is overseeing and executing product development initiatives in partnership with colleagues and clients.
Responsibilities
- Establish operational procedures and governance for the launch and ongoing management of all Wealth Management Products offered within the WMC
- Conduct studies on the local industry landscape, competitor research, and client and market trends
- Collaborate with the team to design and articulate product priorities, develop new ideas and business cases, and define longer-term product strategy, including identifying critical gaps
- Support the product design and structuring process, manage the product approvals process, and oversee end-to-end implementation
- Maintain existing products by coordinating with multiple stakeholders to reposition products to improve commercial performance or discontinue products as appropriate
- Partner with Legal teams to create and maintain offering documentation
- Support the maintenance and evolution of the product governance framework
- Help create and maintain key reference documents related to new product ideas and the existing product suite
Requirements
- 7+ years of relevant experience in financial services, preferably in asset or fund management; experience in a NAFR-regulated wealth management company is a plus
- Strong understanding and prior exposure to the China mutual fund and wealth management industry, including familiarity with regulatory frameworks (NAFR) related to WMP offerings, product pipelines, competitors, and the launch of WMPs, as well as systems, processes, and internal workflows
- Experience in interacting with regulators and with retail or institutional clients