Product Manager - M&G Real Estate

M&G; City Of London; On-site; GBP 65,000 - 85,000; Full time

Job summary

A leading investment firm is seeking an experienced Product Manager to join their Product Development and Management team for a 12-month fixed-term contract. You will lead new product development, manage a diverse fund range targeting institutional investors, and ensure compliance with relevant regulations. The ideal candidate must have significant experience in asset management, particularly in product development, along with strong leadership and communication skills.

Benefits

Flexible working arrangements

Workplace accommodations for employees

Diversity and inclusion initiatives

Qualifications

• Experience within the asset management industry, preferably in a product development role.
• Good understanding of product lifecycles and relevant regulations.
• Extensive knowledge of different product structures and alternative asset classes.

Responsibilities

• Act as product sponsor in new product development.
• Lead product management reviews for profitability and compliance.
• Maintain knowledge of market trends and assess their impact on products.

Skills

Experience in asset management

Product development and management

Knowledge of fund structures

Effective communication skills

Education

Degree level academic qualification

CFA/CAIA/MBA desirable

Job description

At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.

Through our behaviours of 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 Real Estate 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 the M&G Real Estate business. There is a diverse and expanding fund suite using different product structures and fund domiciles, targeting institutional investors. The range currently offers access to core commercial, living, long income, value add, and alternative real estate equity strategies as well as real estate debt finance.

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 real estate or private asset classes and strategies, and how they differ in nature from liquid, public securities.

Key Responsibilities

• Acting as product sponsor in the development of new products ensuring that initiatives follow the Product Development and Management process, leading on product design and taking an active position on fund launch Steering Committees and ensuring fund documentation is fit for purpose.
• Leading product management reviews, driving and supporting changes to ensure that the product range remains fit for purpose in terms of client expectations, pricing, profitability and the prevailing regulatory landscape.
• Providing the above technical inputs using specialist knowledge / subject matter expertise, evaluation of a range of potential solutions, taking into consideration client impact, cost, risk and the M&G Real Estate business operating model.
• Maintaining an up to date knowledge of the institutional real estate market and industry trends and regulation and assessing their impact on the existing product set and encouraging product innovation.

Key Knowledge, Skills & Experience

• Experience within the asset management industry, preferably in a product development / management role with fund structuring and launch experience of ideally real estate or other 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, 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

We have a diverse workforce and an inclusive culture at M&G plc, 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. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they opt in to the scheme when applying.

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: [e-mail]