Job Summary

We are looking for an AVP/AO within our Product Strategy & Development (PS&D) team focused on Alternatives. The team is responsible for supporting product design and implementation and on-going support of existing products. The candidate will interact with 1) many areas of the client group, 2) across the global PS&D team and 3) a vast part of the firm including investment teams, legal and compliance, global fund administration, operations, PMG, finance, treasury and risk. In addition, the candidate is also expected to support engagement with fund boards, regulators and clients, as needed. The candidate will focus on supporting growth of the firm Alternatives capabilities and distribution expansion.

Job Description

The Alternatives PD Analyst works closely with diverse cross-functional teams to help drive focused agenda of high impact product initiatives.

This role provides exposure to senior professionals, the ability to engage on projects across multiple strategies and delivery structures and the opportunity for career advancement.

• Support research and design, offering material creation, internal and regulatory approvals, and implementation of new Alternative offerings, and enhancements to existing offerings.
• Work with and build solid relationships with diverse cross-functional departments throughout the firm, to guide the product development process efficiently.
• Includes business development, investment management, legal, fund admin, risk, compliance, finance, as well as external partners, and new service providers from time to time.
• Work closely with cross-functional teams, to leverage the firm's existing alternatives platform of established terms, vehicle types, client experience standards and service providers where applicable and appropriate.
• Current array of vehicle types includes: Partnerships, SICAV-SIFs, AIFs, UCITs, SOPARFI, RAIF, Interval, Closed End, Trusts, etc. in Delaware, Luxembourg, Cayman, and beyond. Other vehicle types that create best-fit may be considered.
• Support research and design by building, or commissioning relevant teams to build, schematics, work-flows, and models to frame-out, new and innovative investments, features, processes or structures.
• Work with cross-functional teams to confirm understanding, and synthesize, cost, opportunity, risk and time-to-market impacts of new features for review with senior management.
• Support analysis of existing products for potential enhancement, to respond to changes in regulatory or competitive landscape, or to winddown, merge or decommission where appropriate.
• Create internal-use term sheets to detail investment offering and operational terms of a new service, or enhancements to an existing service.
• Collaborate with cross-functional teams to finalize terms, positioning, timetables, internal and external product approval materials.
• Review offering docs to confirm alignment with agreed-to investment, offering, and operational terms.
• Guide implementation of initiatives utilizing cross-functional timelines, open issue trackers, and check-in calls to affirm on track.
• Monitor progress against target dates and milestones, escalate issues or obstacles, and provide status updates to management.
• Help maintain Alternatives Product Pipeline calendar, and prioritization and reprioritization of initiatives as needed.
• Assist in product/market research process by participating in primary research with key clients in region, 3rd party data and triangulating the information with sales team input to develop a strong POV on product opportunities for AB
• Tracking key competitor activity and regulatory changes in region and pro-activity raising opportunities for AB based on the review
• Support subject matter expert on AB Alts platform; closely monitor trends / new offerings
• Collaborating with key stakeholders and regional PS&D teams on product needs and establishing a priority list for short, medium and long term
• Understanding AB services/products, distribution markets and channels, local regulations and the competitive landscape; ability to support innovation discussions
• Support the ongoing review of the product platform and recommending products for rationalization and/or enhancements
• Monitoring changes in product needs to facilitate changes in priorities and/or trade-offs and communicate prioritization changes
• Developing tools to support and evidence decisions made
• Maintain database of PD initiatives and keep updated
• Support maintenance of group templates and policies and procedures

Support reporting of PS&D initiatives to various internal committees, fund boards and management company

Job Qualifications & Key Attributes

The ideal candidate should have:

• Minimum of 3-5 years of professional experience with at least 2 years of experience in a Senior Analyst / Associate role at an asset management / alternative asset management firm in a product development/management or strategy function; strategy consulting firm; or investment bank
• BS/BA concentration in marketing, economics or Finance. FINRA Series 6, 7, 63 required (can be acquired post hire)
• Broad investment management and financial market knowledge across asset classes
• An understanding of alternatives market place and regulatory environment in the US and international markets.
• Knowledge of the institutional and retail marketplace: understanding client needs, market trends and competitive landscape
• Strong analytical and problem-solving ability; well-developed critical thinking skills
• Build strong internal networks, collaborate effectively and with individuals at a range of levels from a variety of departments
• Ability to lead and motivate a cross-section of teams to achieve timely and efficient execution of various projects
• Capable of dealing with changing priorities in a dynamic and fast paced environment
• Detail oriented with ability to work independently and maintain high standards
• Strong interpersonal, verbal and written communication skills
• Strong project management and time management skills
• Experience making workflows more efficient
• Proven ability to multi-task across projects/requests and works well under time demands
• Proficient in Microsoft Office, especially Excel and PowerPoint, and One Note.
• Strong working knowledge of industry analytical tools including HFRI.

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Nashville, Tennessee