<p>At Franklin Templeton, we're driving our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic and diversified firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise that's both broad and unique. From our welcoming, inclusive, and flexible culture to our global and diverse business, we offer opportunities not only to help you reach your potential but also to contribute to our clients' achievements.</p> <p>Come join us in delivering better outcomes for our clients around the world!</p> <p>Franklin Templeton US Product & Specialty Sales is seeking an exceptional candidate to join the team as a Product Management Director within the US Product Management, Governance and Implementation team. This role involves collaborating across various teams to manage the lifecycle of US products, ensuring competitive, profitable, and client-focused solutions.</p> <p>US Product Management, Governance and Implementation serves as product subject matter experts within US Distribution, demonstrating a deep understanding of the assigned product range, firm's overall investment capabilities and specific products. The team manages the lifecycle of the US product lineup ensuring success through competitive and profitable solutions that meet client expectations and deliver on objectives and outcomes.</p> <p>What is the Product Management Director responsible for?</p> <p>This individual will collaborate with US Distribution, investment managers, and other key business functions to manage retail products sold in the US with a focus on comingled funds such as mutual funds and variable insurance funds and an emphasis on fixed income.</p> <p>What are the ongoing responsibilities of a Product Management Director?</p> <p>Product Range Management</p> <ul> <li> <p>Lead efforts with investment teams and distribution leaders to assess, make recommendations and manage assigned product range to ensure the competitiveness of existing products; make recommendations to modify product features and pricing, and/or to merge or liquidate</p> </li><li> <p>Collaborate with US Product Strategy and others within Franklin Templeton to identify gaps within the existing product range and define the product management roadmap for US Distribution, ensuring it meets both current market demands and long-term strategic goals</p> </li><li> <p>Work with US Product Management, Governance & Implementation, investment teams and others in US Distribution to ensure timely and successful delivery of USD's product strategy, including rationalization</p> </li><li> <p>Identify, evaluate and communicate current and emerging regulatory and market trends and determine potential implications to products within the assigned product range</p> </li></ul> <p>Product Structuring & Pricing</p> <ul> <li> <p>Apply product and investment expertise of assigned product range and regulatory regime to identify product gaps and recommend proposals to modify product features and pricing, and/or to merge or liquidate products.</p> </li><li> <p>Gather feedback and input from US Distribution and internal partners, including legal, compliance, finance and investment management to develop product proposals.</p> </li><li> <p>Routinely review pricing for assigned product range, including as part of the annual 15c contract renewal process, to ensure that products remain competitively priced within the US while providing acceptable profitability levels to Franklin Templeton</p> </li></ul> <p>Product Positioning & Sales Support</p> <ul> <li> <p>Analyze product characteristics and industry data to develop cross investment team product positioning including data-driven proof points, market trends, and product attributes, driven by and in collaboration with investment teams for assigned product range; articulate product positioning relative to competitors to US Distribution and US Marketing</p> </li><li> <p>Support US Distribution by researching and providing answers to questions related to product management lifecycle for assigned product range (e.g., pricing, timing of product changes, launches, mergers, and closures).</p> </li><li> <p>Act as the primary internal resource for the assigned product range by providing leadership in representing product to investment teams and other business partners for US Distribution initiatives.</p> </li></ul> <p>Leadership</p> <ul> <li>Oversee day-to-day efforts of product management team members for assigned product range, leading by example, and managing overall US Distribution needs, business priorities and team resources </li></ul> <p>What ideal qualifications, skills and experience would help someone to be successful?</p> <ul> <li> <p>Bachelor's Degree required; CFA or MBA preferred</p> </li><li> <p>15+ years in investment management/financial services</p> </li><li> <p>10+ years in product management/investment specialist roles</p> </li><li> <p>Series 7 & 63 required</p> </li><li> <p>Strong understanding of the 1940 Act regulatory requirements</p> </li><li> <p>Excellent knowledge of markets, products, and investment processes with an emphasis on fixed income</p> </li><li> <p>Strong demonstrated ability to accurately curate and analyze data from Morningstar Direct, SimFund, Lipper and other relevant sources</p> </li><li> <p>Attention to detail, organizational skills, and ability to manage multiple projects</p> </li><li> <p>Strong interpersonal, communication, and presentation skills</p> </li><li> <p>Exceptional relationship management and collaboration skills</p> </li><li> <p>Ability to solve complex problems independently and direct team efforts</p> </li><li> <p>Highly motivated and a self-starter</p> </li></ul> <p>Compensation Range: Franklin Templeton offers employees a competitive and valuable range of total rewards-monetary and non-monetary - designed to support their well-being and recognize their time, talents, and results. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program. We expect the annual salary for this position to range between $155,700 - $212,000, depending on location and level of relevant experience.</p> <p>#MID_SENIOR_LEVEL</p> <p>#LI-Hybrid</p> <p>Experience our welcoming culture and reach your professional and personal potential!</p> <p>Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there's a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.</p> <p>Hear more from our employees</p> <p>By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life's adventures, taking care of your family members, or making a positive impact in your community, we aim to have your needs covered. Learn more about the wide range of benefits we offer at Franklin Templeton.</p> <p>Highlights of our benefits include:</p> <ul> <li> <p>Three weeks paid time off the first year</p> </li><li> <p>Medical, dental and vision insurance</p> </li><li> <p>401(k) Retirement Plan with a generous company match on your pre-tax and/or Roth contributions, up to the IRS limits</p> </li><li> <p>Employee Stock Investment Program</p> </li><li> <p>Reimbursement for certain education expenses</p> </li><li> <p>Purchase of company funds with no sales charge</p> </li><li> <p>Onsite fitness center and recreation center*</p> </li><li> <p>Onsite cafeteria*</p> </li><li> <p>Only applicable at certain locations</p> </li></ul> <p>Learn more about the wide range of benefits we offer at Franklin Templeton</p> <p>Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.</p> <p>Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation or adjustment to search for or apply for one of our positions, please send an email to accommodations@franklintempleton.com. In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.</p>