At a Glance
- Tasks: Lead product development for private assets, managing fund launches and collaborating with diverse teams.
- Company: Join Barings, a global leader in financial services with a commitment to innovation.
- 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 exciting 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 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 Private Product Team covers 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.). Maintain 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 coordination across a 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 funds / 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
At Barings, we pride ourselves on fostering a supportive and inclusive work environment where our associates are valued and rewarded for their dedication and expertise. Located in the vibrant city of London, we offer exceptional employee growth opportunities, a culture of collaboration, and a commitment to innovation, including the integration of AI in our processes. Join us to be part of a team that not only prioritises client interests but also invests in your personal and professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Product Development, Private Assets - Associate Director
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Barings. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Product Development, Private Assets - Associate Director
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Barings.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Barings's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Barings
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Barings.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Barings will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Barings employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
