Product Manager - Private Markets - 12 Month FTC at M&G plc

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

05 Sep, 26

Salary

0.0

Posted On

07 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Product Development, Product Management, Fund Structuring, Alternative Investment Funds, Private Markets, Regulatory Compliance, Stakeholder Management, Analytical Skills, Report Writing, Influencing Skills, Commercial Awareness, Project Management

Industry

Financial Services

Description

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 work place accommodations to ensure you have what you need to effectively deliver in your role. The 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, structure 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. Key Responsibilities: 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. Key Knowledge, Skills & Experience: 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 Recruiter: Hannah Curtis Work Level: Manager or Expert What we offer: At M&G, we’re committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include: As a savings and Investments firm 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 and our Share Incentive Plan, together with access to financial wellbeing and support services - to help give you real confidence to put your money to work. Enjoy 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy – to balance your work and personal commitments. Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - as supporting families is a core aspect of our inclusive culture. Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options - for peace of mind. To explore more about life at M&G and our full benefits offering, visit Life at M&G We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks. M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: careers@mandg.com M&G is a leading international savings and investments business, managing money for around 4.6 million individual clients and more than 900 institutional clients in 38 offices worldwide. As at 31 December 2024, we had £345.9 billion of assets under management and administration. 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.

Responsibilities

Lead the development and ongoing management of the private markets product range, ensuring funds are fit for purpose and aligned with client expectations. Coordinate with investment teams to design new products and maintain up-to-date knowledge of industry trends and regulations.