Product Development Lead

**Introduction**
- Through our client-facing brands and our other specialist brands, Momentum Group enables business and people from all walks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Group provides practical financial solutions for people, communities and businesses.

**Disclaimer**
- As an applicant, please verify the legitimacy of this job advert on our company career page.

**Role Purpose**
- Accountable for the strategic management of the design and implementation of the Momentum Wealth product solutions and platform capabilities to ensure that Momentum Wealth delivers on its strategic objectives.

**Requirements**:

- Postgraduate degree in Actuarial Science
- Fellow of the Actuarial Society of South Africa (ASSA)
- CFP or CFA qualification is an advantage
- 8-10 years of investment product development and management experience
- 5 years of leadership experience
- Exposure to regulations of the investment and LISP industry

**Duties & Responsibilities**
- Drive the development and implementation of profitable and competitive products that support the growth of Momentum Wealth.
- Take the lead in the design and ongoing management of the Momentum Wealth local and international platform products to ensure they support clients and advisers in achieving their goals and are future-fit from a business perspective.
- Provide thought leadership and oversight for new and existing Wealth products from conceptualisation to launch, ensuring that the various stakeholders and governance processes are incorporated into the product development or maintenance process.
- Management and coordination of the ongoing review of products and platform capabilities to ensure regulatory compliance and competitiveness in relevant markets.
- Take the lead in presenting solutions and proposals to governance forums including the product management committee, Manco, and Excos, as required.
- Provide leadership for the content design of the product and platform-related aspects for marketing material, and adviser documentation including Terms and Conditions, statements, client letters, etc.
- Take the lead in ensuring the Wealth product development team stays abreast of local and global trends, research, and analysis to timeously identify opportunities in the market to develop new products, capabilities, and new areas of growth or to streamline existing product offerings.
- Develop and oversee the implementation of competitive pricing strategies to drive short-term profitability and long-term business growth and shareholder value.
- Keep updated on the state of competitor products and pricing models.

**Engage with clients in a client-centric manner (Client Services)**
- Provide authoritative expertise to clients and internal and external stakeholders.
- Build and maintain relationships with internal and external stakeholders.
- Make recommendations to improve client service and fair treatment of clients within the area of responsibility.
- Participate and contribute to a culture that builds rewarding relationships, facilitates feedback, and provides exceptional client service.

**Effectively lead a team**
- Create a positive work climate and culture to energize employees, give meaning to work, minimize work disruption, and maximize employee productivity.
- Demonstrate exemplary leadership behavior, through personal involvement, commitment, and dedication in support of the Momentum Investment GRITx values.
- Drive a culture that guides and directs best practices, fostering an environment of continuous learning, improvement, and cohesiveness.
- Enable a learning and growth culture whereby information regarding successes, issues, trends, and ideas are actively shared between team members.
- Effectively manage performance within the team to ensure business objectives are achieved.
- Encourage innovation, change agility, and collaboration within the team.

**Self-management and teamwork (People)**
- Develop and maintain productive and collaborative working relationships with peers, financial advisers clients, and stakeholders.
- Positively influence and participate in change initiatives.
- Continuously develop own expertise in terms of professional, industry, and legislation knowledge.
- Contribute to continuous innovation through the development, sharing, and implementation of new ideas.
- Take ownership of driving career development.
- Effectively manage time and ensure optimal productivity.
- Ensure technical product and legislative knowledge is always current in order to propose the most relevant and innovative client solutions and comply with governance requirements.
- Contribute to financial controls and planning (Finance).
- Identify solut