Private Credit Senior Product Development Manager/Legal Structurer - CLOs/Direct Lending/Struct[...]

Job Description:

Employer: DWS Group

Title: Private Credit Senior Product Development Manager/Legal Structurer - CLOs/Direct Lending/Structured Finance

Location: London

Job Code: #LI-MB1 #LI-04

About DWS:

Today, markets face a whole new set of pressures - but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.

Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.

We're looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That's why we are 'Investors for a new now'.

As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients' financial future. And in return, we'll give you the support and platform to develop new skills, make an impact and work alongside some of the industry's greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.

Team / division overview

The Product Division is responsible for the whole lifecycle of products and solutions that DWS offers, from the inception of a product strategy through implementation and ongoing management. Key pillars within the Product Division include Product Strategy, Lifecycle & Analytics, Product Specialists & Development and Product Management.

The Product Division is looking for candidates who are interested in supporting the team to grow DWS' commercial success through developing product strategies, leveraging market trends, building client-centric solutions, launching new products, defining and driving marketing strategies of products and managing products. This role will primarily focus on the launch of products on DWS' newly established EMEA Alternative Credit platform.

Role Details

As a Senior Product Development Manager, you will be responsible for:

1. Overseeing and project managing the design, development, structuring and launching of new Alternatives products in Europe, including the internal approval processes, with a primary focus on Alternative Credit products including Direct Lending, CLOs and Structured Credit.
2. Driving product strategy, identifying opportunities for product innovation and building business cases for new product development or product modification initiatives with a primary focus on Alternative Credit related products.
3. Staying abreast of competitive launches, market trends, structural innovation and evolving regulatory changes.
4. Supporting the Alternatives Product Development team globally in the structuring and launch of new products with a focus on Alternative Credit products.
5. Working closely with various stakeholders, including senior management, portfolio managers, Alternatives product management teams, sales teams, fund operations, finance, tax, legal and compliance to agree commercial terms, target investor markets and structure.
6. Acting as a key point of contact for the Alternatives organization for products launched and distributed in Europe in particular, in relation to Alternative Credit products.
7. Managing stakeholder relationships in Alternatives as well as across the broader DWS organization.
8. Managing and supporting multiple projects impacting the Alternatives business globally, with a primary focus on Europe.
9. Managing the global product pipeline, with a primary focus on Europe, and reporting on the status of new initiatives.
10. Preparing materials, templates and providing input into databases.
11. Supporting local and global ad-hoc projects relating to product development activities.

We are looking for:

1. Extensive experience in an investment-related or product development role, with a Legal and/or tax background.
2. Comprehensive understanding of alternative asset classes and structures (AIFs in particular).
3. Extensive experience with the design, structuring and implementation of Alternative Credit products (CLOs, Structured Credit, Direct Lending strategies in particular) for retail and institutional investors.
4. Excellent project management and organizational skills, including attention to detail, ability to manage priorities and deliver projects on time in a demanding, fast-paced environment.
5. Results-oriented self-starter with the ability to work both independently and as a team member, coupled with the enthusiasm to deliver world-leading solutions for our clients.
6. Ability to build strong relationships with a range of teams and individuals and influence outcomes.
7. Solution driven, creative and use of initiative to propose new, practical strategies/solutions.
8. An open mind to embracing new challenges coupled with a strong sense of commitment and a pro-active approach to self-development.
9. Educated to degree level in a financial related subject or relevant professional experience.

What we'll offer you:

At DWS we're serious about diversity, equity and creating an inclusive culture where colleagues can be themselves and it's important to us that you enjoy coming to work - feeling healthy, happy and rewarded. At DWS, you'll have access to a range of benefits which you can choose from to create a personalised plan unique to your lifestyle. Whether you're interested in healthcare, company perks, or are thinking about your retirement plan, there's something for everyone.

Some of our core benefits:

1. 30 days' holiday + bank holidays, with the option to purchase additional days.
2. A non-contributory pension scheme, up to 10%.
3. Physical and Mental Health Well-Being benefits including (but not limited to) Private Medical Cover, a complimentary GP service and the support of Mental Health First Aiders.
4. Family friendly benefits including generous parental leave packages (supporting all variations of family set-ups), to healthcare plans and travel insurance.
5. The opportunity to support our CSR strategy which is focused on combatting climate change and achieving greater social justice. You can make donations to our partner organisations or take part in corporate volunteering opportunities in your local communities by providing on hand support.

DWS' Hybrid Working model in the UK is designed to find the right balance between in-person collaboration and engagement in the office, which is core to our working culture, and working from home. Employees who wish to sign-up to our Hybrid Working model are required to work in the office two days a week, and given the flexibility to work from home for the remaining three.

Some business groups may need you to spend more time in the office, but this will be discussed and made clear as part of your application and interview process. We will continue to review and evolve our working environments and methods to ensure that we are working in the best way possible for our people.

If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let them know what assistance you may need. Examples of adjustments include providing a change to the format of the interview, or providing assistance when at the DWS office. This will not affect your application and your recruitment team will discuss options with you.

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.