Private Credit Product Development

Macquarie Bank Limited; City Of London; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A global financial services provider in London is seeking a Product Development Lead for Private Credit. The role involves leading product development, coordinating with teams, and executing strategic innovations. Ideal candidates will have over 8 years of experience in related roles and a strong understanding of Private Credit markets. The company offers a supportive culture and diverse benefits for employees.

Benefits

25 days of annual leave

Paid parental leave

Volunteer leave

Medical and life insurance

Learning and development opportunities

Flexible working arrangements

Qualifications

• 8+ years' experience in product structuring and innovation roles.
• Extensive product development experience and deep knowledge of Private Credit.
• Ability to maintain relationships and influence senior management.

Responsibilities

• Lead Private Credit product development for the Client Solutions Group.
• Develop product innovation pipeline and execute product opportunities.
• Coordinate investor negotiations and own New Product Approval process.

Skills

Product structuring and innovation

Excellent communication skills

Project management

Leadership

Multi-tasking

Education

Tertiary qualifications (CFA preferred)

Job description

Asset Management, Business Development & Sales

Our Client Solutions Group plays a leading role in developing innovative investment products and solutions for our clients, ensuring our product offering remains competitive, contemporary and aligned with strategic priorities.

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.

What role will you play?

In this newly created role, you will lead Private Credit product development for the Client Solutions Group.

Working closely with investment, legal, operations and distribution teams, you will develop a rolling 3-year view and pipeline on 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, ensuring relevant and scalable solutions are delivered and that our product range remains competitive and contemporary, taking into account relevant competitive product launches and evolving regulatory changes.

You will also take responsibility for delivering new Private Credit funds and separate accounts, coordinating investor negotiations of key legal documentation, and owning the New Product Approval process.

What you offer

• 8+ 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
• Extensive product development and fund formation experience and deep knowledge across all aspects of Private Credit fund / vehicle types and investor preferences, and well-versed on tax, legal, operations and client considerations
• Excellent communication skills and versatility, the ability to maintain internal and external relationships, and the ability and credibility to influence senior management across the business
• A leader who is able to empower others and is comfortable both delegating and executing directly and proactively
• Excellent project management and multi-tasking skills, capable of driving initiatives and ensuring desired outcomes are met
• 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.

What we offer

At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:

• 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

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.