Product Manager - Private Assets, Director/Senior Director - Barings

At Barings, we are as invested in our associates as we are in our clients. We recognize 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.

Position Title: Product Manager – Private Assets

Business Title: Director or Senior Director

Department : Product Management

Location : London, UK

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 Private Assets Product Management role is the internal representative of the investment team, responsible for defining, developing, implement and maintaining investment products, through the entire lifecycle with the aim of optimising and delivering commercially viable products and initiatives. The candidate will be primarily responsible for Private Credit and be part of the broader Private Asset team. The candidate will serve as an expert within the broader Product Management Team and be relied on for technical knowledge related to their asset classes, their products as well as functional knowledge of their areas.

This role requires strong collaboration with 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 ensure effective co-ordination across stakeholders. This role will lead a small team to help achieve all of the below, while providing opportunities for team members to learn and grow.

Key areas of focus include:

Product 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
• Design and establish currency hedging strategies for new and existing European and Global funds
• Shepherd all product launches through Barings governance process

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

• Accounting qualification (ACA), CFA or other equivalent qualification preferred
• Ideally combined with some or all of the below
  • 10+ years' experience of working with or on investment funds
  • Practical knowledge of AIFMD, European fund range product development and management – ideally global.
• Practical experience of private assets investment strategies
• Strong team leader and manager with previous line manager experience, who role models collaboration and a strong work ethic
• 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 – practical experience of working with 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.