Product Development Manager Asset Management

Tawteen

KEY RESPONSIBILITIES:

Strategic Product Planning

• Develop and maintain a comprehensive product strategy aligned with Ahli Bank s Asset Management roadmap and the needs of Private Banking and Wealth Management clients.
• Identify product gaps and opportunities across both conventional and Shariah-compliant investment solutions.
• Conduct market and competitor benchmarking to ensure Ahli Bank s offerings remain differentiated in terms of performance, cost, and innovation.
• Collaborate with senior management to align product pipeline with the division s AUM growth, profitability, and strategic priorities.

Product Design & Development

• Lead the end-to-end process of product design, from ideation to launch, ensuring products meet client demand, profitability thresholds, and regulatory/Shariah standards.
• Prepare concept notes, business cases, and product proposals for submission to the Product and Investment Committees.
• Coordinate with internal teams (Investment, Legal, Compliance, Risk, Operations, and IT) to structure, price, and operationalize new funds, mandates, or products.
• Integrate digital enablement and data analytics into product design for improved client experience and reporting.

Strategic Partnerships & Third-Party Product Onboarding

• Develop partnerships with leading local, regional, and international asset managers to expand Ahli Bank s product shelf through feeder funds, white-label mandates, or distribution agreements.
• Conduct due diligence on third-party managers and platforms to ensure suitability, alignment with client needs, and compliance with regulatory and Shariah requirements.
• Negotiate commercial terms and monitor ongoing performance of external partnerships.

Product Management & Enhancement

• Oversee the lifecycle management of all products, ensuring periodic review and enhancement to maintain performance and client relevance.
• Lead enhancements and restructuring initiatives in response to market changes or regulatory updates.
• Develop comprehensive product documentation (fact sheets, term sheets, KIDs, and marketing material) in collaboration with compliance and marketing.

Governance, Risk & Compliance

• Ensure adherence to the bank s product governance framework, approval hierarchy, and internal control standards.
• Maintain complete documentation of product approvals, amendments, and performance reviews to ensure transparency and audit readiness.
• Work closely with Legal, Compliance, and Shariah teams to ensure full regulatory compliance across both conventional and Islamic offerings.

Collaboration & Stakeholder Management

• Serve as the product and partnership interface between Asset Management, Private Banking, and Wealth Management divisions.
• Provide training and product briefings to Relationship Managers and Investment Advisors to improve product understanding and client engagement.
• Support marketing campaigns and client communications related to product launches and investment insights.

Client Experience & Customization

• Work with client-facing teams to design bespoke investment solutions for UHNW clients and institutions, including discretionary mandates or tailored portfolios.
• Align all product designs with client risk profiles, liquidity needs, and investment objectives.

Market Intelligence & Innovation

• Stay updated with global and regional wealth management trends, including ESG, digital assets, private markets, and alternative investment vehicles.
• Proactively recommend new product ideas, enhancements, or partnerships based on client insight and market developments.
• Benchmark against leading private banks to ensure the bank s product suite remains cutting-edge, competitive, and value-driven.