2025 Product Development Apprentice

Apprenticeship Standard: Level 4
Department: Product Development
Salary: £25,500 pa plus benefits
Start date: 1st September 2025

Location: City of London, London

Programme overview:

Schroders’ two-year apprenticeship programmes give school and college leavers a hands-on introduction to investment management and the opportunity to develop key skills, gain professional qualifications and build an industry network.

The Team & the Role

This role is part of the Product Development Team within the Client Group. The Product Development Team is responsible for co-ordinating the development of new products and on-going range management for our UK and European fund ranges including taking responsibility for prospectus and regulatory submissions:

• Development: taking ownership of the development cycle from initial concept, through detailed design, build and launch.
• Management: ongoing product range management to ensure existing products are fit for purpose. To the extent that changes or issues are identified, formulating action plans to ensure appropriate action is taken.
• Prospectus & Regulatory Submissions: co-ordinate and are responsible for all prospectus amendments for regulatory filings and managing all associated documentation.

What you’ll do

Reporting to a Product Development Manager, you will collaborate with the PD team on all aspects of the product lifecycle for our UK and Luxembourg fund ranges.

Primary Responsibilities:

• Help manage the development of new product launches with an emphasis on Luxembourg, UK and Irish funds.
• Help manage the on-going fund ranges. Main activities will include prospectus updates, fund mergers and changes.
• Actively engage with client group (and clients) to understand their needs and ensure our products and services meet their expectations.
• Work with investment teams, client group & marketing, operations, compliance, risk, legal and finance teams to ensure adequate support for the product launches and changes.
• Maintain awareness of competitor, regulatory and market developments.
• Actively contribute and lead on ad hoc work and strategic projects as they arise.
• Actively engage in the implementation of new technologies, including AI, to improve PD processes and client outcomes.

Who we’re looking for

• Recent school or college graduates with A-levels or BTECs.
• Individuals unsure that university is the path for them.
• Must be 18 years old by 1st September to apply for the 2025 intake.
• Living in England.
• Must not be enrolled in another funded apprenticeship or further education programme at the time of starting.
• Ambitious and enthusiastic self-starter, eager to learn about the industry.
• Flexible with a keen eye for detail and good IT skills.
• Natural flair for developing relationships and an entrepreneurial mindset.

Qualifications required:

• A-levels (or equivalent) in any subjects – no minimum UCAS points required.
• Level 2 in both English and Maths (GCSE grade A* to C or equivalent) for those undertaking a level 3 or higher apprenticeship.

Recruitment process

1. Online application form and CV
2. Online assessments
3. Online video interview
4. Assessment centre

Only one application is permitted for a school leaver role (either an apprenticeship or trainee position). Throughout the recruitment process, you may be considered for similar roles.

We're looking for the best, whoever they are

Diversity is at the heart of our culture. We strive to ensure inclusion at every level, to ensure that our actions match our words, and that our culture of belonging defines how we do business. We are an equal opportunities employer.