What you can expect from us:

We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to: Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse and friendly place to work and offers the flexibility and support that enables everyone to be at their best How do we support our employees: All M&G plc employees will be supported in the workplace through our M&G Employee Assistance Programme (EAP). If you need counselling, confidential financial or legal advice. The service is available 24 hours a day, 365 days a year and offers access to qualified professionals who can provide specialist information, advice and support on many issues. It offers a broad range of services, including help with family issues, maintaining work/life balance and mental health support. The Role: An opportunity has arisen for an experienced Product Manager to join the Product Development and Management team responsible for the M&G Real Estate product range on a permanent basis. This individual will provide direction and leadership in respect of new product development and the ongoing management of the product range, working with the M&G Real Estate business. There is a diverse and expanding fund suite using different product structures and fund domiciles, targeting institutional investors. The range currently offers access to core commercial, long income, value add, and alternative (residential) real estate strategies. The candidate must have demonstrable experience within the asset management industry, ideally in a product development / management role. They should have a good understanding of different fund structures and domiciles including both regulated and unregulated funds, with extensive knowledge of alternative investment funds and experience of fund structuring and launches. They should also be able to demonstrate knowledge of real estate or private asset classes and strategies, and how they differ in nature from liquid, public securities. Key Work Level Accountabilities: Manager or Expert For people managers, accountable for managing and motivating others to ensure quality of delivery to customers and stakeholders For technical specialists, accountable for delivering expert advice or service, using specialist knowledge and subject matter expertise Applies judgement to deliver outcomes, evaluating a range of potential solutions, considering the impact for customers, cost and risk Manages conflicts that may impact delivery Challenges upwards given knowledge of delivery and awareness of complex systems and the broader picture Identifies and anticipates need for changes to continuously improve quality and efficiency of output Manages resources and risks using expert judgment, know-how and experience Key Responsibilities for this role: Acting as product sponsor in the development of new products ensuring that initiatives follow the Product Development and Management process, leading on product design and taking an active position on fund launch Steering Committees and ensuring fund documentation is fit for purpose. Leading product management reviews, driving and supporting changes to ensure that the product range remains fit for purpose in terms of client expectations, pricing, profitability and the prevailing regulatory landscape. Providing the above technical inputs using specialist knowledge / subject matter expertise, evaluation of a range of potential solutions, taking into consideration client impact, cost, risk and the M&G Real Estate business operating model. Maintaining an up to date knowledge of the institutional real estate market and industry trends and regulation and assessing their impact on the existing product set and encouraging product innovation. Key Knowledge, Skills & Experience: Experience within the asset management industry, preferably in a product development / management role with fund structuring and launch experience of ideally real estate or other private asset strategies. Sound comprehension of product lifecycles for the development, launch, maintenance and review of funds. An interest in commercial real estate business and other capital markets (including private asset and sustainable investment strategies). Good understanding of a range of product jurisdictions and relevant regulations (e.g. AIFMD, UCITS, MiFID II, SFDR and EU Taxonomy). Extensive knowledge of different product structures and alternative asset classes. Self motivated, collaborative, resilient, flexible, unafraid to challenge upwards, and seeks to continue developing professionally. Well organised and able to manage multiple initiatives concurrently, prioritise workload appropriately, and manage the expectations of a range of different stakeholders, including conflicts. Proactive, commercially aware and able to apply sound judgement, and able to work on own initiative to tight deadlines Effective communication skills including analytical, report writing and influencing skills. Degree level academic qualification (or equivalent). CFA / CAIA / MBA or other post-graduate professional experience (e.g. legal, accounting, actuarial) is desirable Work Level: Manager or Expert Recruiter Name: Phoebe Ewers Closing Date: 1st April 2022 We live by four behaviours at M&G and we ask all our employees to: Inspire Others – Support and encourage each other, creating an environment where everyone can contribute and succeed Embrace Change – Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas Deliver Results – Focus on outcomes, set high standards and deliver with energy and determination Keep it Simple – Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things