JOB DESCRIPTION

Role title: Senior Product Manager

Reports to: Head of Product

Location: London/Reading/Birmingham (Hybrid)

Hours of work: 35 hours each week

SMCR Function: This is a certified role

Key Responsibilities

1. Proposition Strategy & Development

• Lead the design, development, and ongoing refinement of the Centralised Investment Proposition (CIP), including model portfolios, risk-rated solutions, and discretionary fund management (DFM) offerings.

• Ensure alignment with the firm’s investment philosophy, regulatory requirements (e.g., Consumer Duty), and client segmentation strategy.

• Monitor market trends, competitor offerings, and client feedback to evolve the proposition.

2. Governance & Oversight

• Chair or contribute to investment governance committees to ensure robust oversight of the CIP.

• Collaborate with compliance and risk teams to ensure the proposition meets all regulatory standards (e.g., MiFID II, PROD rules).

• Maintain documentation and audit trails for proposition changes and reviews.

3. Stakeholder Engagement

• Act as the central liaison between investment teams, financial advisers, operations, and technology to ensure smooth delivery and implementation of the CIP.

• Provide training and support to advisers and internal teams on the proposition’s features, benefits, and suitability framework.

4. Performance Monitoring & Reporting

• Oversee the performance of model portfolios and investment solutions, ensuring they meet client expectations and risk profiles.

• Produce regular performance reports and MI for internal stakeholders and clients.

5. Client Experience & Communication

• Develop and maintain client-facing materials, including factsheets, guides, and educational content.

• Ensure the proposition delivers a consistent and high-quality client experience across all channels.

6. Digital & Operational Enablement

• Work with digital and platform teams to ensure the CIP is integrated into client portals and adviser tools.

• Drive automation and efficiency in the delivery and rebalancing of model portfolios.

Experience / Skills Required

• Strong background in investment management, wealth management, or financial planning.

• Deep understanding of CIPs, model portfolios, and discretionary investment services.

• Familiarity with UK regulatory frameworks (FCA, MiFID II, PROD, Consumer Duty).

• Excellent stakeholder management and communication skills.

• Professional qualifications such as CFA, IMC, or CISI certifications are advantageous.

• Proven experience of leading diverse team internally and externally

• Experience of having built product from concept to successful commercialisation is essential.

SM&CR Responsibilities

As an FCA regulated Company, Ascot Lloyd are required to adhere to the Senior Managers and Certification Regime (SM&CR), to develop a culture where employees take personal responsibility for their own actions.

Individual Conduct Rules

1. You must act with integrity

1. You must act with due care, skill and diligence

1. You must be open and co-operative with the FCA, PRA and other regulators

1. You must pay due regard to the interests of customers and treat them fairly

1. You must observe proper standards of market conduct

1. You must act to deliver good outcomes for clients