Product Strategy & Development Specialist, APAC – Japan Team Head

Posted:
3/14/2024, 5:00:00 PM

Location(s):
Tokyo, Japan

Experience Level(s):
Senior

Field(s):
Business & Strategy

Primary Objectives:

  • Support short to long-term product strategic plans
  • Manage and develop local Product Strategy & Development team
  • Monitor industry and regulatory trends, anticipate business impacts/identify opportunities
  • Support development of new products for Japanese clients, across asset classes, wrappers, and channels
  • Execute product development initiatives on local ITM platform for retail and Institutional channels, support execution activities for Japan client sponsored launches in other domiciles
  • Review profitability, adequacy and strategic fit of existing and future products
  • Keep local teams appraised of progress on PS&D initiatives
  • Support/maintain reports and analysis showing industry trends and AB’s products positioning

Principal Responsibilities:

  • Own, maintain, syndicate mid to long term product strategy for Japan
  • Lead execution of product launches, liquidations and changes/restructuring
  • Communicate with key stakeholders re various initiatives’ progress
  • Capture various product ideas and maintaining PS&D pipeline database
  • Support and manage local PS&D team
  • Build and maintain data/reports to support decisions for PS&D

Main Stakeholders:

  • Senior Management of AB Japan (daily/weekly)
  • Client teams (daily)
  • Investment team: product specialists, portfolio managers, Heads (daily/weekly)
  • Legal for product launch and reengineering (daily)
  • Control Functions: Risk Management, Compliance and Audit (weekly)
  • Finance Teams (weekly)
  • Operations and Fund Administration (daily)
  • Local Regulators (as needed)
  • Clients and Consultants (as needed)
  • Auditors (As needed)
  • Regional/Global PS&D team stakeholders (daily)

Key Skill Areas & knowledge Required:

  • Successful exposure asset management products for 8+ years, in banks or asset managers
  • Successful track record in supporting investment products launches in Japan
  • Perfect knowledge on Japanese Asset Management industry and regulatory framework
  • Fluent in English and in Japanese
  • Knowledgeable about Japanese retail distribution. Preferably, wholesale experience in Japan
  • Knowledgeable on Japanese regulations and customs
  • Knowledge of global asset management business and non-Japan domiciles
  • Capability and desire to drive strategic product discussions and decisions
  • Past exposure to ETFs/Alts products a plus

Alliance Bernstein Leadership Framework

  • Performance Leadership – Executes against job responsibilities to help the team, strategic business unit and the Firm successfully meet its goals
  • Commercial Leadership – Creates opportunities for commercial impact, client relationships and cost reduction, while coaching others to do the same
  • People Leadership – Displays clear leadership and grows talent
  • Thought Leadership – Actively influences strategy by sharing innovative ideas and perspectives
  • Cultural Leadership – Influences the environment, co-leads cultural initiatives and enforces inclusivity
Tokyo, Japan