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: Diverse and inclusive workplace welcoming all applicants.
- Why this job: Make an impact in the finance world by developing innovative investment products.
- Qualifications: 4+ years in private assets, strong project management, and advanced Excel skills required.
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 ResponsibilitiesThe 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.
- 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 employer: Barings LLC
Contact Detail:
Barings LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Development, Private Assets
✨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! You want to communicate your experience and skills clearly. Think of it as telling a story about how you can contribute to their team and help with product development.
✨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 team.
We think you need these skills to ace Product Development, Private Assets
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 see your organisational skills and attention to detail come through in your application.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, it shows you’re serious about joining the Barings team. We can’t wait to hear from you!
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 help you articulate how your experience aligns with their needs.
✨Showcase Your Project Management Skills
Since the role involves project management for fund launches, be ready to discuss specific examples from your past experiences. Highlight how you've successfully managed projects, collaborated with various stakeholders, and navigated challenges. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Demonstrate Your Communication Prowess
Barings values clear communication, so practice articulating your thoughts clearly and concisely. Prepare to explain complex financial concepts in simple terms, as you may need to communicate with both technical and non-technical stakeholders. Consider doing mock interviews to refine your delivery.
✨Stay Updated on Regulatory Changes
Given the importance of understanding evolving regulatory frameworks, brush up on recent changes in AIFMD and UCITS regulations. Be prepared to discuss how these changes could impact product development and management, showcasing your proactive approach to staying informed in the industry.