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 a real impact in the finance world while working on innovative investment products.
- Qualifications: 4+ years in private funds, 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 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 - Associate Director employer: Barings LLC
Barings is an exceptional employer, offering a dynamic work environment in the heart of London or Charlotte, where innovation meets collaboration. With a strong focus on employee growth and development, we provide opportunities to lead cutting-edge AI initiatives while ensuring a culture of inclusivity and support. Our commitment to responsible AI practices and regulatory compliance empowers our team members to thrive in their roles, making a meaningful impact in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Product Development, Private Assets - Associate Director
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Barings on LinkedIn. A friendly chat can give us insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for those interviews! Research Barings' recent projects and their approach to private assets. We want to show that we’re not just interested, but genuinely invested in their mission.
✨Tip Number 3
Showcase your skills! Bring examples of your past work in product development and project management. We need to demonstrate how our experience aligns with what Barings is looking for.
✨Tip Number 4
Apply through our website! It’s the best way to ensure our application gets noticed. Plus, it shows we’re serious about joining the Barings team.
We think you need these skills to ace Product Development, Private Assets - Associate Director
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Product Development role. Highlight your experience in private assets and any relevant qualifications like CFA or CAIA. We want to see how you can bring value to our team!
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 for Barings. Keep it concise but impactful – we love a good story!
Showcase Your Project Management Skills:Since this role involves project management, be sure to highlight any relevant experiences where you've successfully managed projects. We’re looking for organised individuals who can juggle multiple tasks while keeping an eye on the details.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining the Barings team!
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 specific examples from your past experiences. Highlight how you’ve successfully managed projects, collaborated with various teams, and navigated challenges to deliver results.
✨Demonstrate Strong Communication Abilities
Barings values clear communication, so practice articulating your thoughts clearly and concisely. Prepare to explain complex concepts in simple terms, as you’ll need to communicate with stakeholders at all levels, from legal teams to investors.
✨Stay Updated on Regulatory Changes
Familiarise yourself with the latest developments in AIFMD, UCITS, and other relevant regulations. Being able to discuss how these changes impact product development will demonstrate your proactive approach and technical expertise in the field.
