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Product Development Manager


We’re looking for a new Product Development Manager to play an important role within the global product development team.  In this integral role, you’ll be supporting multiple product platforms and prepare Board reporting for a number of US Fund complexes. The ideal candidate for this role thrives on managing multiple projects, has experience supporting retail mutual funds, closed-end funds, and institutional / retirement products. Familiarity with ETFs and portfolio model delivery is a plus. As a member of the product development team, this individual understands and values the importance of collaboration, communication and is equally comfortable leading and supporting various product initiatives. You’ll be organized, have excellent planning skills and can deliver in a deadline driven environment.

A key part of this role is to provide product leadership for mutual fund boards.  We’ll be relying on you to disseminate regulate insights and updates to Boards of various fund complexes.  You’ll participate in projects such as annual contract renewal for US Fund complexes, prospectus reviews, expense policy oversight or complex-wide initiatives. Using your strong relationship management skills, you’ll work with Legal, Compliance and others to seek regulatory and/or Board approvals and ensure compliance with industry best practices and adherence to company policies and procedures.

Being the key contact with vendors, manage relationships with sub-advisors and provide oversight of third-party vendors and suppliers.  You’ll help coordinate and track product development efforts globally and remain current on industry trends across retail mutual funds, closed-end funds and institutional products

With your Project Management experience and natural collaboration skills, you’ll coordinate product development initiatives across multiple areas of the firm, including legal, compliance, operations, fund administration, middle office, investment teams, product specialists and marketing, solving and escalating problems as they arise.

To be considered for this role, you’ll have;

  • 3-5 years of minimum experience in asset management
  • experience supporting mutual funds, closed-end funds and retirement products
  • technical expertise in Excel, Powerpoint, Morningstar Direct, Simfund, Lipper
  • a bachelor’s degree in a related field

About Macquarie Asset Management

Macquarie Asset Management is a large scale, global asset manager, providing clients with access to a diverse range of capabilities and products across infrastructure, real estate, natural resources, private credit, fixed income, equities, multi-asset and liquid alternatives. As at 30 September 2019, Macquarie Asset Management has $A562.0 billion of assets under management.

Our commitment to Diversity and Inclusion 

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.

We recognise that flexibility comes in a variety of forms. Talk to us about what flexibility you need.

About Macquarie

A career at Macquarie means you’ll have the opportunity to develop and utilise new skills, explore interesting fields and do challenging work that will impact the lives of people around the world—whether it’s accelerating the green energy transition, helping sustain global food supplies, financing social housing projects or investing in essential infrastructure. At Macquarie, we’re empowering people to innovate and invest for a better future.

Our size and international presence means your work can take you anywhere—across business groups, disciplines, sectors and borders. With 15,000 employees and offices in 31 markets around the world, we’re a truly global organisation.

You’ll be supported by a diverse team where the unique perspectives, ideas and experiences that all of our people bring are valued. You’ll be empowered to address unmet needs in our communities whilst advising and investing alongside our clients and partners. Working with us, you’ll have the opportunity to make a difference.

Macquarie is a global financial group providing clients with asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, investment banking and principal investment.

Find out more at

Job no: MAM-954126
Work type: Full time
Location: Philadelphia
Category: Mid-level, Private Banking & Wealth Management, Projects, Improvements & Change
Group: Macquarie Asset Management
Division: Macquarie Investment Mgmt
Recruiter: Sophie Miller Chatfield
Opening Date: