Product Developer - Barings

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 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 Privates Team covers products across all of our Private Assets at Barings including Private Credit (mid market direct lending), Real Estate equity and debt, infrastructure debt, and other alternative and illiquid asset classes. 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. The candidate will likely work on more Private Credit initiatives but will be flexible to work across other Private Assets projects.

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 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 the 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:

• + 4 years' experience of working with or on investment funds.
• Practical knowledge of AIFMD, UCITS, European fund range product strategy, development and management - ideally global.
• Practical experience of private assets investment strategies.
• 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.
• Preferred: Accounting qualification (ACA), CFA or other equivalent qualification.
• Practical understanding of 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.