Product Manager, Private Credit & Loans | Buyside Enterprise Products
Location
New York
Business Area
Product
Ref #
10051976
Description & Requirements
Powered by a combination of automation, innovation, access and service, Bloomberg’s comprehensive and integrated enterprise solutions help buy-side firms generate alpha, develop and service clients, remain compliant and grow profits in the face of change. The flexibility of our modular agnostic toolset optimizes operating model design to fit the specific needs of each client organization.
Bloomberg Buy-Side Solutions delivers front-to-back technology workflows for the investment lifecycle through a suite of integrated offerings. Our leading suite of risk models, portfolio analytics and performance capabilities together with portfolio management, order and trade management, post-trade and compliance workflows form the core platform for over 200 Buy-Side clients, asset owners and managers alike. Over 15,000 users independently use one or more of our enterprise applications to increase efficiency and productivity - exponentially. Underpinning every client experience is the sophistication of our market-leading Terminal and quality data.
What is the role?
The Buyside Product team is looking for a Product Manager to help drive the Private Markets product execution for Bloomberg’s Buyside solutions, expanding our coverage and workflows for direct lending and broadly syndicated loans. We are looking for someone with a strong operational knowledge of the loan investment life cycle including security master modeling, loan trading, settlement, position, life cycle, and performance management.
As a Product Manager for private markets and Loans, you will work closely with stakeholders of all levels across, Core, Product, Data, Engineering and Commercial teams to develop our Total Portfolio View offering, develop thought leadership, and ensure our approach to supporting loans is consistent across the organization. Externally, you will represent Product in client discussions to better understand client expectations, identify workflow gaps and define opportunities.
We’ll trust you to
- Develop a technical understanding of the Buy-Side product suite, with a specific focus on understanding our coverage and capabilities for loans, both direct lending and broadly syndicated.
- Set measurable milestones for the global delivery of our private markets, TPV roadmap. Documenting clear functional specifications (including OKRs) for each phase of product development
- Collaborate with Product Managers and analysts, especially those within the Enterprise Platforms to achieve alignment and be expected to play a hands-on role in product design, development, and delivery to ensure product success
- Work closely with Product analysts and Software Engineers by clearly documenting business requirements to evolve asset class coverage and workflows across Private Markets with a focus on loans throughout Bloomberg buy-side applications.
- Document client workflows, and new releases to guide QA testing, sales and customers to position our Buyside solution across private markets investors
- Exercise thought leadership, helping to enhance the organizational acumen around private asset classes and workflows, and simplify complex concepts into consumable narrative.
- Translate industry expectations and market concepts into investment workflow and technology best practices that can be captured as part of operating model design.
- Foster an environment of innovation and collaboration among internal stakeholders and clients.
You’ll need to have:
- 7* years of experience with loans (public and private) in an investment, middle office or service provider role with equally strong knowledge of private credit funds, BDCs and evergreen structures
- Knowledge of Asset Manager and Asset Owner investment technology solutions with a focus on loan modeling, trading and operations
- Proven understanding of capital markets and the investment lifecycle for private loans (private credit and broadly syndicated)
- Knowledge of the institutional players and an understanding of the risk, analytics and portfolio management needs of a private credit investment, operations and risk teams
- A track record of embracing data and technology and developing innovative and commercially viable solutions
- Strong understanding of private and broadly syndicated loan, service providers, including clearing, settlement, agent banking, servicing and life-cycling
- Demonstrated effective communication with internal and external stakeholders
We’d love to see
- Strong working knowledge of Bloomberg Buyside solutions (AIM, PORT, MARS) and experience working with, implementing or using solutions from other providers
- Relationships with asset managers or asset owners who participate in public and private credit investing and middle-market lending
- Knowledge of investment lifecycle and accounting workflows
- Experience leading organizations through periods of change and introducing new, innovative ideas
- Highly motivated, consensus builder, collaborates well in a team and across wider business
- CAIA, CFA, CFA Private Markets and Alternative Investments Certificate
Salary Range = 140,000 - 295,000 USD Annual + Benefits + Bonus
The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.
We offer one of the most comprehensive and generous benefits plans available and offer a range of total rewards that may include merit increases, incentive compensation (exempt roles only), paid holidays, paid time off, medical, dental, vision, short and long term disability benefits, 401(k) +match, life insurance, and various wellness programs, among others. The Company does not provide benefits directly to contingent workers/contractors and interns.
We offer one of the most comprehensive and generous benefits plans available and offer a range of total rewards that may include merit increases, incentive compensation (exempt roles only), paid holidays, paid time off, medical, dental, vision, short and long term disability benefits, 401(k) +match, life insurance, and various wellness programs, among others. The Company does not provide benefits directly to contingent workers/contractors and interns.
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