SVP Product Development

SVP Product Development

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