At a Glance
- Tasks: Lead product development for private assets and manage fund launches with diverse teams.
- Company: Join Barings, a global leader in financial services with a collaborative culture.
- Benefits: Competitive salary, professional growth opportunities, and a supportive work environment.
- Other info: Dynamic role with opportunities for career advancement in a global firm.
- Why this job: Make a real impact in the finance world while working on innovative investment products.
- Qualifications: 4+ years in private assets, strong project management, and excellent communication skills.
The predicted salary is between 70000 - 90000 € per year.
At Barings, we are as invested in our associates as we are in our clients. We recognise 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.
Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific.
Primary Responsibilities
The Product Development – Private Assets role is 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, as needed, undertaking proactive market research, analysis and coordination of new product proposals. The Privates Product Team cover Private Credit (mid-market direct lending) and Real Estate Equity and Debt.
Key areas of focus include:
- 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 the subject matter expert for fund commercial terms and mechanics (investor subscription, redemption, and other liquidity terms, ESG guidelines, etc.).
- Maintenance of technical expertise and understanding of evolving regulatory frameworks, 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 wide range of stakeholders.
- 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/Experience
Required
- Ideally: + 4 years’ experience of working with private fund / private assets.
- Practical knowledge of AIFMD, UCITS, European fund range product strategy, development and management – ideally global.
- CFA, CAIA or other financial or accounting qualification.
- Highly organised, numerate with strong attention to detail and excellent project management skills.
- Advanced Excel skills.
- Clear communicator, both verbally and written for both internal and external audiences or stakeholders and ranges of seniority.
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.
Product Development, Private Assets in London employer: Barings LLC
At Barings, we pride ourselves on fostering a supportive and inclusive work environment where associates are valued for their contributions and encouraged to grow professionally. Located in the vibrant city of London, our team enjoys access to a wealth of resources and networking opportunities within the financial services sector, alongside competitive benefits and a commitment to work-life balance. Join us to be part of a dynamic team that champions innovation and collaboration in the investment landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Product Development, Private Assets in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those at Barings. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by knowing your stuff! Dive deep into Barings' products and recent market trends. Show them you're not just another candidate but someone who genuinely cares about their mission.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role of Associate Director in Product Development. Make it clear why you're the perfect fit for their team.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're serious about joining the Barings family.
We think you need these skills to ace Product Development, Private Assets in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Product Development role. Highlight your experience with private assets and any relevant qualifications like CFA or CAIA. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about product development in private assets and how your background makes you a great fit. Keep it concise but impactful – we love a good story!
Showcase Your Project Management Skills:Since project management is key in this role, be sure to highlight any relevant experiences where you’ve successfully managed projects. We want to know how you keep things organised and on track!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at Barings LLC
✨Know Your Product Inside Out
Before the interview, dive deep into Barings' product offerings, especially in Private Assets. Understand the nuances of private credit and real estate equity and debt. This knowledge will not only impress your interviewers but also show your genuine interest in the role.
✨Showcase Your Project Management Skills
Since the role involves project management for fund launches, be ready to discuss your past experiences. Prepare specific examples where you successfully managed projects, highlighting your organisational skills and attention to detail. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Communicate Clearly and Confidently
Barings values clear communication, so practice articulating your thoughts. Whether it's discussing fund mechanics or regulatory frameworks, ensure you can explain complex concepts simply. Mock interviews with a friend can help you refine your delivery and boost your confidence.
✨Build Relationships in Your Answers
The role requires collaboration across various teams. Be prepared to discuss how you've built strong relationships in previous roles. Share examples of how you’ve worked with different stakeholders, from legal to compliance, and how you navigated challenges to achieve common goals.
