| Job Information |
Our elite global Alternative Investment Fund client is seeking to recruit a hands-on SVP Product Development, with broad knowledge of the wealth management and alternative investment product development lifecycle, to build end-to-end product capabilities and strategies into investment-grade and highly structured product offerings across public and private markets for the firm’s advisory platform UHNW and family office clients.
- Oversee and lead product strategy and development for the firm’s advisory platform UHNW and family office clients
- Build end-to-end product capabilities and strategies into investment-grade and highly structured product offerings across public and private markets
- Lead and define the alternative product roadmap based on client needs across a variety of alternative asset classes including private credit, private equity, hybrid capital and insurance
- Gather client product requirements and translate them into product concepts, solutions and vehicles
- Analyze and evaluate new product opportunities across various structures – drawdown, feeder, co-investment, evergreen, etc.
- Lead and oversee the structuring and construction of new products, coordinating product build-out with internal stakeholders and external vendors/service providers
- Oversee fee structures, fund terms, vehicle design and offering documentation with legal advise provided by internal and external attorneys
- Lead and manage the end-to-end product launch process
- Manage new product launch lifecycle from concept through onboarding and distribution
- Ensure new product offerings meet governance and regulatory standards
- Manage and own the alternative product shelf
- Own product performance monitoring, client communications and reporting
- Serve as the subject matter expert on product structures, features and positioning
- Maintain product controls, governance and documentation
- Work closely with investment teams and senior management to align products with client requirements and platform strategy
- Assist in designing and establishing the advisory platform’s product frameworks, standards and architecture
- Initially serve as a hands-on individual contributor while building out and leading the product team as the platform grows and scales
- Contribute to building the advisory platform’s operating model, standards and team culture
Requirements:
- Bachelor’s Degree
- MBA, JD and/or CFA preferred
- 10+ years of wealth management or alternative investment product design, development and oversight
- Demonstrated experience designing, developing and managing full-lifecycle alternative and private market products from conception through product launch
- Demonstrated full life-cycle product development experience at an alternative investment manager or wealth management platform serving sophisticated UHNW and family office investors
- Fundamental knowledge of various fund structures, fee models, tax, regulatory and legal requirements and vehicle types associated with alternative products and private market offerings
- Ability and willingness to serve as a hands-on individual contributor while playing a lead role in building and scaling a robust product team
- Deep understanding of alternative investment strategies
- High degree of accountability and ownership
- Alternative product subject matter expertise with the ability to communicate complex product concepts and structures to internal stakeholders and sophisticated investors
- Ability to thrive and operate autonomously in a newly launched advisory platform
- Highly collaborative personality with strong problem solving skills and the ability to be cool under pressure
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