Head of Private Credit Product Development

Our Client Solutions Group is responsible for Macquarie Asset Management’s investor interface across product development, capital raising and investor relations. The team covers the world’s largest and most sophisticated institutional investors globally, including Pension Funds, Insurance Companies, Sovereign Wealth Funds, UHNW individuals and Foundations. At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 31 markets and with 56 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

This is a newly created role to lead the global institutional Product Development function for Macquarie Asset Management’s Private Credit business. You will develop a rolling 3-year view and pipeline on Private Credit product innovation, new investment strategies and product vehicles that can be launched, remodelled or optimised. You will be responsible for identifying product opportunities and then developing, structuring and executing them, ensuring alignment with our strategic priorities and that our product range remains competitive and contemporary, taking into account relevant competing product launches and evolving regulatory changes. You will prepare, review and negotiate key client-facing legal documentation, oversee the new product approval process, and collaborate with key stakeholders to ensure the appropriateness of products for markets and channels, both Institutional and Wealth. You will also serve as an inclusive leader, motivating and empowering the team, delegating effectively, and developing and recruiting talent.

What You Offer

• 12+ years’ experience in product structuring and innovation / solutions roles and a proven history of successfully delivering Private Credit products that have raised meaningful capital and delivered compelling investment outcomes to clients.
• Experience working across both Institutional and Wealth Private Credit products, ideally including structured finance products such as CLOs and ABF vehicles, and highly knowledgeable across all aspects of Private Credit fund/vehicle types and investor preferences. Knowledge of both EMEA and US structures preferred.
• Advanced understanding of fund and investor documentation, knowledgeable across EMEA and US tax, legal, regulatory, operational and client considerations.
• Excellent communicational skills and an ability to influence senior management and form internal and external relationships.
• A team leader, able to empower and develop others, direct strategic orientation and change, and manage projects, equally comfortable with execution and delegation.
• Well-networked across the industry, especially with service providers.
• Ideally holding tertiary qualifications, with CFA charterholders preferred.

We love hearing from anyone inspired to build a better future with us, if you’re excited about the role or working at Macquarie we encourage you to apply.

Benefits

• 1 wellbeing leave day per year and a minimum of 25 days of annual leave.
• 26 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers.
• Paid fertility leave for those undergoing or supporting fertility treatment.
• 2 days of paid volunteer leave and donation matching.
• Access to a wide range of salary sacrificing options.
• Benefits and initiatives to support your physical, mental and financial wellbeing including, comprehensive medical and life insurance cover.
• Access to our Employee Assistance Program, a robust behavioural health network with counselling and coaching services.
• Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription.
• Access to company funded emergency and backup dependent care services.
• Recognition and service awards.
• Hybrid and flexible working arrangements, dependent on role.
• Reimbursement for work from home equipment.

About Macquarie Asset Management

Macquarie Asset Management is a global asset manager that aims to deliver positive impact. We’re trusted by institutions, pension funds, governments, and individuals to manage billions in assets globally. We provide access to specialist investment expertise across a range of capabilities including fixed income, equities, multi-asset solutions, private credit, infrastructure, green investments, natural assets, real estate, and asset finance.

Our commitment to diversity, equity and inclusion

We are committed to providing a working environment that embraces diversity, equity, and inclusion. We encourage people from all backgrounds to apply regardless of their identity, including age, disability, neurodiversity, gender (including gender identity or expression), sexual orientation, marriage or civil partnership, pregnancy, parental status, race (including ethnic or national origin), religion or belief, or socio-economic background. We welcome further discussions on how you can feel included and belong at Macquarie as you progress through our recruitment process.

Our aim is to provide reasonable adjustments to individuals as required during the recruitment process and in the course of employment. If you require additional assistance, please let us know during the application process.