Product Manager - M&G Real Estate - 12 Month FTC - M&G plc.

M&G plc.; City Of London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading investment firm in the City of London is seeking an experienced Product Manager to join their Product Development team on a 12-month fixed-term contract. The role involves providing leadership in new product development and ongoing management of the Real Estate product range. The ideal candidate has significant experience in asset management, a good understanding of fund structures, and solid knowledge of real estate strategies. This role offers a flexible working environment and a comprehensive benefits package.

Benefits

18% pension scheme

38 days annual leave

Health & Protection cover

Family support policies

Qualifications

• Demonstrable experience within the asset management industry, ideally in product development.
• Good understanding of different fund structures, including regulated and unregulated.
• Extensive knowledge of alternative investment funds.

Responsibilities

• Lead the development of new products, ensuring compliance with processes.
• Drive product management reviews to maintain client expectations and profitability.
• Provide technical inputs using specialist knowledge and evaluate potential solutions.

Skills

Experience in asset management

Product lifecycle comprehension

Knowledge of fund structures

Effective communication skills

Analytical skills

Education

Degree level qualification

CFA / CAIA / MBA

Job 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 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

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 : [e-mail]