Product Development, Private Assets - Associate Director - Barings - #2130903

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 Development, Private Assets

Business Title: Associate Director

Department: Product Management (Private Assets)

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 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 Privates Product Team cover 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.)
• 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 championing 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.

• 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.