Director of Product Governance

Job Description

The Director of Product Governance will represent product management and development in firm-wide initiatives, actively participating in the product team effort to maintain and improve the product line-up.

You will have regular exposure to the heads of Investment Management, General Counsels Organization, Operations, and Risk in order to facilitate changes to investment products and will be a structural expert in vehicles for delivery of investment strategies, including mutual funds, variable products, ETFs and closed-end funds.

• Serving as the Secretary of the Columbia Threadneedle Product Advisory Committee (PAC)
• Participating in business management issues, such as 15C/pricing decisions
• Hosting a monthly product change/new product implementation meeting communicating and coordinating changes to existing products and new fund launches.
• Ownership of all Product team process documents, including Product Management and Development Routines, PAC Charter, Committee Stakeholder readiness documents
• Managing team preparation for the Investment Oversight Committee and the Columbia Funds Board
• The candidate will carry a high visibility role in exercises such as Portfolio Manager changes and product management’s response to regulatory actions

• Working with finance to manage revenue impacts in advance of strategy changes or product rationalizations
• Owning the process of implementing and communicating portfolio manager changes
• Managing product responsibilities for share class consolidations/additions, share class splits/reverse splits, fund mergers, product name changes, benchmark adds/changes, modifications to investment mandates, and ETF conversions
• Coordinating with 5P and Investment Risk Management as appropriate for fund actions, including strategy changes/modifications
• Working with product development industry developments, understanding new vehicles and complex securities
• Managing the internal seed deployment/return process for NA Product
• Represent the Product team in the continued development/ expansion of Product Master

• Ability to influence and collaborate with or lead across the organization and at all levels to drive results.
• Strong analytical and problem-solving skills using data to identify trends and issues and potential ways to solve the issue.
• Experience with assigned product including understanding of compliance rules and regulations for product and industry.
• A solid understanding of concepts related to assigned product and ability to explain these to others.
• Project management experience.
• Series 7 (or SIE and Series 7 top off exam) and 66 (or 63 & 65 combined) or the ability to obtain within a defined period of time.

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week.

Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

The estimated base salary for this role is $147,400 - $180,100 per year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life…