Product Manager - Private Markets - 12 Month FTC in London

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long‑term investment and savings solutions.

Through telling it like it is, owning it now, and moving it forward together with care and integrity, we are creating an exceptional place to work for exceptional talent. We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.

An opportunity has arisen for an experienced Product Manager to join the Product Development and Management team responsible for the M&G private markets product range on a 12‑Month Fixed‑Term contract basis. This individual will provide direction and leadership in respect of new product development and the ongoing management of the product range, working with various private markets investment teams. There is a diverse and expanding fund suite using different product structures and fund domiciles. The range currently offers access to private credit, structured credit, impact & private equity, infrastructure and real estate.

The candidate must have demonstrable experience within the asset management industry, ideally in a product development / management role. They should have a good understanding of different fund structures and domiciles including both regulated and unregulated funds, with extensive knowledge of alternative investment funds and experience of fund structuring and launches. They should also be able to demonstrate knowledge of private asset classes and strategies.

• Development of new products ensuring that initiatives follow the Product Development and Management process, representing the Private Markets Product team in the development, design and delivery of new products, taking an active position in relevant Steering Committees and working groups and ensuring fund documentation is fit for purpose.
• Leading product management reviews, ensuring that the product range remains fit for purpose in terms of client expectations, pricing, profitability and the prevailing regulatory landscape.
• Maintaining an up to date knowledge of market and industry trends and regulation and assessing their impact on the existing product set and encouraging product innovation.
• Providing product input into M&G group projects.
• Assisting with the development of product strategy for Private Markets.

• Experience within the asset management industry, preferably in a product development / management role with fund structuring and launch experience of private asset strategies.
• Sound comprehension of product lifecycles for the development, launch, maintenance and review of funds. An interest in commercial real estate business and other capital markets (including private asset and sustainable investment strategies).
• Good understanding of a range of product jurisdictions and relevant regulations (e.g. AIFMD II, UCITS, MiFID II, SFDR and EU Taxonomy).
• Extensive knowledge of different product structures and alternative asset classes.
• Self‑motivated, collaborative, resilient, flexible, unafraid to challenge upwards, and seeks to continue developing professionally.
• Well‑organised and able to manage multiple initiatives concurrently, prioritise workload appropriately, and manage the expectations of a range of different stakeholders, including conflicts.
• Proactive, commercially aware and able to apply sound judgement, and able to work on own initiative to tight deadlines.
• Effective communication skills including analytical, report writing and influencing skills.
• Degree level academic qualification (or equivalent). CFA/CAIA/MBA or other post‑graduate professional experience (e.g. legal, accounting, actuarial) is desirable.

We are proud to offer a valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions. We also offer Share Save, a Share Incentive Plan, and access to financial wellbeing and support services. Enjoy 38 days annual leave including.