About the role

  • Collaborate with key stakeholders across distribution, product strategy, portfolio management, marketing, legal, tax, technology, business operations and compliance to bring alternatives strategies to market that continuously meet evolving client needs
  • Oversee and execute cross-functional activities spanning the product lifecycle including product design, development, approval, go-to-market preparedness, post-launch operational readiness, and related infrastructure build-out
  • Partner with the real estate investment teams, legal and tax counsel to define structuring for private and registered products (covering closed-end and open-end and evergreen structures)
  • Lead cross-functional activities related to the design and launch of new alternative investment products
  • Manage alternative product pipeline content and meet with internal stakeholders to communicate new product pipeline activities
  • Act as subject matter expert for the firm on the PGIM Real Estate’s commingled funds platform, key fund structuring concepts, distribution markets and channels, and the impact of local regulations; leverage knowledge to support innovation
  • Maintain technical expertise and understanding of regulatory, legal and tax frameworks, proactively considering the implications on new and existing products and responses to changing requirements

Requirements

  • 8+ years of relevant experience required; experience preferably related to knowledge of asset management related to the real estate investment market and vehicle structures
  • Capacity to handle multiple projects simultaneously; strong execution and follow through skills in a fast-paced environment
  • Intellectually curious, goal-oriented individual, self-starter with a bias toward action and a commitment to work with integrity to deliver high quality results
  • Ability to manage ambiguity, solve complex problems, propose workable solutions and distill complex information into simple, clear, communication format
  • Strong analytical, problem-solving, highly organized with strong attention to detail
  • Clear communication (written and verbal) with proven ability to easily collaborate with all levels of the organization
  • Ability to work independently and build partnerships across all levels of the organization
  • Proficiency in full Microsoft suite.

Benefits

  • Medical, dental, vision, life insurance, disability insurance
  • Paid Time Off (PTO)
  • Leave of absences, such as parental and military leave
  • 401(k) plan with company match (up to 4%)
  • Company-funded pension plan
  • Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs
  • Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development
  • Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs
  • Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service
  • Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance

Job title

Director, Product Development

Job type

Experience level

Lead

Salary

$160,000 - $180,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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