Product Manager, Private Credit & Loans | Buyside Enterprise Products
at Bloomberg
USD 140,000-295,000 per year
Used Tools & Technologies
Not specified
Required Skills & Competences
Tag name is followed by "@" symbol and proficiency level value.
About proficiency levels:
- 1-2 — basic awareness. Minimal hands-on experience, and a rudimentary understanding of the technology's purpose;
- 3-6 — daily use. Comfortable and regular usage, capable of handling common tasks and challenges related to the technology;
- 7-9 — you are an expert, you can teach others, you know all the pitfalls and tricks;
- 10 — exceptional knowledge, comprehensive understanding, and adeptness in all aspects of the technology, including advanced problem-solving. Think twice before claiming or demanding such level.
Security @ 6
Hiring @ 3
Leadership @ 3
Communication @ 3
QA @ 3
- 1-2 — basic awareness. Minimal hands-on experience, and a rudimentary understanding of the technology's purpose;
- 3-6 — daily use. Comfortable and regular usage, capable of handling common tasks and challenges related to the technology;
- 7-9 — you are an expert, you can teach others, you know all the pitfalls and tricks;
- 10 — exceptional knowledge, comprehensive understanding, and adeptness in all aspects of the technology, including advanced problem-solving. Think twice before claiming or demanding such level.
Details
Bloomberg’s Buy-Side Solutions delivers front-to-back technology workflows for the investment lifecycle through a suite of integrated offerings. The Buyside Product team is hiring a Product Manager to drive Private Markets product execution, expanding coverage and workflows for direct lending and broadly syndicated loans. The role requires strong operational knowledge of the loan investment lifecycle including security master modeling, loan trading, settlement, position lifecycle, and performance management.
Responsibilities
- Develop a technical understanding of the Buy-Side product suite with a focus on coverage and capabilities for loans (direct lending and broadly syndicated).
- Set measurable milestones for global delivery of the private markets Total Portfolio View (TPV) roadmap and document clear functional specifications (including OKRs) for each phase of product development.
- Collaborate with Product Managers, analysts, Core, Data, Engineering and Commercial teams; play a hands-on role in product design, development, and delivery.
- Work closely with product analysts and software engineers by clearly documenting business requirements to evolve asset class coverage and workflows for private markets with a focus on loans across Bloomberg buy-side applications.
- Document client workflows and new releases to guide QA testing, sales and customers and to position Buyside solutions across private markets investors.
- Provide thought leadership to enhance organizational acumen around private asset classes and workflows; translate market concepts into investment workflow and technology best practices.
- Represent Product in client discussions to understand client expectations, identify workflow gaps and define opportunities.
Requirements
- 7+ years of experience with loans (public and private) in an investment, middle office or service provider role, with strong knowledge of private credit funds, BDCs and evergreen structures.
- Knowledge of asset manager and asset owner investment technology solutions with 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 institutional players and an understanding of the risk, analytics and portfolio management needs of private credit investment, operations and risk teams.
- Strong understanding of private and broadly syndicated loan service providers, including clearing, settlement, agent banking, servicing and life-cycling.
- A track record of embracing data and technology and developing innovative, commercially viable solutions.
- Demonstrated effective communication with internal and external stakeholders.
Preferred (We’d love to see)
- Strong working knowledge of Bloomberg Buyside solutions (AIM, PORT, MARS) and experience 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 ideas.
- Certifications such as CAIA, CFA, or CFA Private Markets and Alternative Investments Certificate.
Benefits
- Comprehensive benefits including medical, dental, vision, short and long term disability, 401(k) with match, life insurance, paid holidays, paid time off, wellness programs, and other total rewards. Incentive compensation and merit increases may apply for exempt roles. (Company does not provide benefits to contingent workers/contractors and interns.)
Salary & Compensation
- Salary Range: 140,000 - 295,000 USD Annual + Benefits + Bonus
How to Apply
- Apply via Bloomberg careers (links provided in original posting).