Alternatives Product Development Manager
HSBC Group
Alternatives Product Development Manager
Salary Not Specified
HSBC Group, City of Westminster
- Full time
- Permanent
- Onsite working
Posted 2 weeks ago, 17 May | Get your application in now before you miss out!
Closing date: Closing date not specified
job Ref: 83cf01656b094804b1944acac2a03a7a
Full Job Description
- Collaborate with the Alternative Investment teams to analyse and prepare feasibility studies and business cases for new products to be submitted to the relevant Product Committees.
- Product structuring and design involve transforming product ideas into product designs, defining structural features (e.g., domicile, legal/regulatory structure, liquidity, investment objectives/policies, and pricing), identifying critical design issues, developing options/solutions, and ensuring appropriate ESG classification and disclosures.
- Secure budget approvals for projects from senior management and ensure projects adhere to expected budgets.
- Responsible for planning, coordinating, product-related content (in collaboration with the Product Lawyer), and approvals of fund prospectuses and client communications.
- Lead the presentation and facilitate the review and approval of new products with the relevant Boards.
Prior experience in Alternative Investment product design and development is strongly preferred. Some prior experience of working at or for an established asset manager is crucial for this role. This may be at through a law firm or other professional services firm. - Familiarity with the ESG regulatory environment is preferred, including knowledge of sustainability risks.
- Previous project management experience would be desirable.
- A proactive independent thinker who has effective written and verbal communication skills.
- Highly organised coupled with proficiency in using MS Excel.
If you're looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
HSBC Asset Management (AM), the investment management business of the HSBC Group, serves HSBC's worldwide customer base of retail and private clients, intermediaries, corporates and institutions invested in both segregated accounts and pooled funds. HSBC Asset Management fulfils its purpose of connecting HSBC's clients with investment opportunities around the world through an international network of offices in approximately 30 countries, delivering global capabilities with local market insight.
HSBC Alternatives is the alternative investment arm of HSBC Asset Management, investing globally in a wide spectrum of alternatives asset classes which include private market funds, hedge funds, real estate, infrastructure, private debts and venture capital, with AUM of $56 billion and 270 staff across 10 offices (inc. London, New York, Hong Kong and Singapore).
We are currently seeking to recruit an Alternatives Product Development Manager. The role is a part of the Alternatives Product team which leads the research, analysis and development for all Alternative products created by HSBC Asset Management globally. Asset classes include Direct Lending, Infrastructure Debt, Venture Capital, Real Estate, Renewables, Private Markets and Hedge Fund of Funds., Being open to different points of view is important for our business and the communities we serve. At HSBC, we're dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.
As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.