At a Glance
- Tasks: Lead product development and manage investment products from concept to launch.
- Company: Join Barings, a global asset management firm focused on innovative investment solutions.
- Benefits: Enjoy a collaborative culture, professional growth opportunities, and a commitment to diversity.
- Why this job: Be part of a team that values integrity, communication, and client dedication while shaping investment strategies.
- Qualifications: Ideal candidates have experience with investment funds, strong project management skills, and advanced Excel proficiency.
- Other info: Barings is an Equal Employment Opportunity employer, welcoming diverse applicants.
The predicted salary is between 72000 - 108000 £ per year.
Product Development – Associate Director
At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.
We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Title: Product Development – Associate Director
Department: Product Management (Specialists)
Location: London, UK
Primary Responsibilities
The Product Development – Specialists role is the internal representative of the investment team, responsible for defining, developing, implementing and maintaining investment products, through their entire lifecycle with the aim of optimising and delivering commercially viable products and initiatives. The role also encompasses proactive market research, analysis and coordinating on new product proposals. The Specialists Team covers products for the Wealth market for our Private / alternative / illiquid asset classes, Insurance Solutions (including Rated Note Feeders / A-B Notes), Barings Capital Solutions products and Multi-Private Asset products. The candidate will serve as an expert within the broader Product Team and be relied on for technical knowledge related to products as well as functional knowledge of their areas.
Key areas of focus include:
Product Strategy
- Actively research the market across all Private/Alternative asset classes – understanding current market trends and activity. Summarising this into tailored output(s) for the relevant internal teams at Barings.
- Closely collaborate across the Product team, Client Portfolio Managers, Sales and other key functions to contribute to the firm’s strategic plans for relevant asset classes, distribution channels or otherwise.
- Coordinate across various internal teams on product proposals for new product ideas and communicate these as relevant.
Product Development and Launch
- Project manage and socialise fund launches with all relevant stakeholders across Barings.
- Assist with the structuring, documentation and financial modelling of new and existing funds.
- Be subject matter expert of fund commercial terms and mechanics (investor subscription, redemption, and other liquidity terms, ESG guidelines, etc.)
- Maintenance of technical expertise and understanding of evolving regulatory framework, proactively considering efficient responses to change requirements.
- Shepherd all product launches through Barings governance process.
- Build strong relationships with and work alongside firm’s Client Portfolio Managers, Legal, Compliance, Sales, Operations, Investment, Finance and Risk teams, as well as external legal counsel, fund administrators, service providers and investors to champion cross-team collaboration and ensure effective co-ordination across a wide range of stakeholders.
- Design and establish currency hedging strategies for new and existing European and Global funds.
Product Maintenance
- Serve as the primary investment team representative to internal business partners related to product level activity (including fund economics and investment restrictions).
- Research and socialisation of product trends and innovations, with a specific focus on fund economics and mechanics.
Qualifications
- Ideally combined with some or all of the below:
- Experience of working with or on investment funds.
- Practical knowledge of AIFMD, UCITS, European fund range product strategy, development and management.
- Practical experience of working with currency markets, FX derivatives and hedging strategies.
Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.
About Us
Barings is a leading global asset management firm dedicated to meeting the evolving investment and capital needs of our clients. We build lasting partnerships that leverage our distinctive expertise across traditional and alternative asset classes to deliver innovative, institutional-quality solutions and service.
Our team-driven culture is based on transparency, responsibility and putting our clients’ interests first. We listen to our clients to understand their needs, so that we can be a strategic advisor and long-term partner in meeting their unique investment goals. Risk management and protecting our investors’ capital over the long term is an essential component of our lasting partnerships.
Barings is also committed to building long-term relationships with our associates and providing opportunities and support to help them succeed. With our expanding business and global footprint, Barings offers a wealth of opportunities for associates who share our culture, values and commitment to excellence in client service.
As an organization, we believe that a diversity of perspectives and strengths is essential to meeting the evolving needs of our clients, and we are committed to attracting and retaining a talented workforce as diverse as the clients and communities that contribute to our success.
#J-18808-Ljbffr
Product Development – Associate Director employer: Barings LLC
Contact Detail:
Barings LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Development – Associate Director
✨Tip Number 1
Familiarize yourself with the latest trends in private and alternative asset classes. This knowledge will not only help you understand the market better but also demonstrate your proactive approach during discussions with our team.
✨Tip Number 2
Build a strong network within the investment community. Engaging with professionals in similar roles can provide insights into best practices and emerging strategies that are crucial for the Product Development role.
✨Tip Number 3
Enhance your project management skills by taking on relevant projects or certifications. Being able to effectively manage fund launches and coordinate with various stakeholders is key to success in this position.
✨Tip Number 4
Stay updated on regulatory changes affecting investment funds, such as AIFMD and UCITS. Understanding these regulations will be essential for maintaining compliance and ensuring successful product development.
We think you need these skills to ace Product Development – Associate Director
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Product Development – Associate Director position. Tailor your application to highlight relevant experiences that align with these requirements.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience with investment funds, knowledge of AIFMD and UCITS, and any practical experience with currency markets or private assets. Use specific examples to demonstrate your expertise.
Showcase Communication Skills: Since clear communication is crucial for this role, ensure your application reflects your ability to communicate effectively. Use concise language and structure your documents well to make a strong impression.
Demonstrate Project Management Abilities: Given the importance of project management in this role, include examples of past projects you've managed successfully. Highlight your organizational skills and attention to detail, as these are key attributes for the position.
How to prepare for a job interview at Barings LLC
✨Showcase Your Market Knowledge
Demonstrate your understanding of current market trends and activities in the private and alternative asset classes. Be prepared to discuss how you would summarize this information for internal teams at Barings.
✨Highlight Collaboration Skills
Emphasize your ability to work collaboratively across various teams, such as Product, Sales, and Compliance. Share examples of how you've successfully coordinated with different stakeholders in previous roles.
✨Prepare for Technical Questions
Be ready to answer questions related to fund commercial terms, liquidity terms, and regulatory frameworks like AIFMD and UCITS. Show that you have a solid grasp of these concepts and can apply them in practice.
✨Demonstrate Project Management Expertise
Discuss your project management experience, particularly in relation to fund launches and product development. Provide specific examples of how you've managed projects from inception to completion, ensuring all stakeholders are aligned.