At a Glance
- Tasks: Lead product development for private assets, managing fund launches and collaborating with diverse teams.
- Company: Join Barings, a global financial services firm committed to innovation and client success.
- 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 with top professionals.
- 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.
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 cover Private Credit (mid-market direct lending) and Real Estate Equity and Debt.
- 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.
- 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
- Must have + 4 years' experience of working with private fund / private assets (private credit, real estate and/or infrastructure debt).
- 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: CFA Institute
Contact Detail:
CFA Institute Recruiting Team
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 you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Research Barings' recent projects and their approach to private assets. This shows you're genuinely interested and ready to contribute from day one.
✨Tip Number 3
Show off your collaboration skills! During interviews, share examples of how you've worked with diverse teams. Barings values teamwork, so highlight your ability to connect with different stakeholders.
✨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 - Associate Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Associate Director in Product Development. Highlight your experience with private assets and any relevant qualifications like CFA or CAIA. We want to see how your skills align with what Barings is 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 and how your background makes you a great fit for Barings. Remember, we love clear communication, so keep it concise and engaging.
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 want to see your organisational skills and attention to detail in action!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us that you’re serious about joining the Barings team. We can’t wait to see your application!
How to prepare for a job interview at CFA Institute
✨Know Your Products Inside Out
Make sure you have a solid understanding of the investment products relevant to the role, especially in private credit and real estate. Brush up on the latest trends and regulations like AIFMD and UCITS, as this will show your expertise and commitment to the field.
✨Showcase Your Project Management Skills
Be prepared to discuss your experience with project management, particularly in launching funds. Highlight specific examples where you've successfully managed stakeholders and coordinated across teams, as this is crucial for the Associate Director role.
✨Communicate Clearly and Confidently
Since strong communication skills are key, practice articulating your thoughts clearly. Whether it's discussing fund mechanics or collaborating with various teams, being able to convey complex information simply will set you apart.
✨Demonstrate Team Collaboration
Barings values teamwork, so come ready to share examples of how you've worked effectively with others. Discuss how you've built relationships with different departments and external partners to achieve common goals, showcasing your collaborative spirit.