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Relationship Manager | Private Markets

Primary office location
New York
Date
22-Oct-2024
Permanent - Full time, Mid-senior
Job category
Business Development & Sales, Wealth Management
As a member of the Client Solutions Group within Macquarie Asset Management and the Relationship Manager, Private Markets, for the US Wealth Strategic Accounts team, you will be responsible for the development of our private market strategies recommended shelf space and research coverage across Wirehouse, Global Banks, Independent & Regional Broker Dealers, Platforms and large RIA relationships. As Macquarie is transforming its Wealth business to be a leader in providing both public and private solutions globally, you will be critical to this transformation.
At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 34 markets and with 55 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

What role will you play?

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Reporting to the Head of US Wealth Strategic Accounts, you will be partnering with the SRG Business Development Team to win shelf space including recommended lists, model placements and new product development opportunities while supporting current shelf space through ongoing product updates to key intermediary research teams. You will cultivate deep relationships with CIOs, Head of Private Markets/Alternatives Due Diligence, Private Market Asset Class Analysts and Product Development point people, by providing a depth of knowledge on Macquarie Asset Managment’s private market capabilities. Collaboration with your Strategic Account Business Development counterparts, investment teams, product, Request for Production team and sales will be critical to your success. You will be able to represent the unique features of Alternatives for Wealth in the market and internally.

Salary range for the role: $120,000 - $165,000 per year. Actual base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location. You may also be eligible for an annual discretionary incentive compensation award. We offer a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.

What you offer

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  • Strong knowledge of the private markets and wealth focused private market structures
  • Deep relationships with research counterparts at client firms & understanding of client firm research coverage/product development processes
  • Excellent stakeholder management skills
  • Deep understanding of industry trends and competitive knowledge and ideas for growth
  • Acute attention to detail and ability to manage deadlines
  • FINRA Series 7, 63/65/66 required or to be obtained within 6 months
  • CFA / CAIA strongly preferred.
We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply.

About Macquarie Asset Management

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In Macquarie Asset Management, you will join a global asset manager that aims to deliver positive impact for everyone. Join a team that is trusted by institutions, pension funds, governments, and individuals to manage billions in assets globally. We provide access to specialist investment expertise across a range of capabilities including fixed income, equities, multi-asset solutions, private credit, infrastructure, green investments, natural assets, real estate, and asset finance.

Benefits

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Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include: 
  • Hybrid and flexible working arrangements  
  • One wellbeing leave day per year and minimum 25 days of annual leave
  • Primary caregivers are eligible for 20 weeks paid leave along with 12 days of transition leave upon return to work and 6 weeks paid leave for secondary caregivers
  • Paid volunteer leave and donation matching
  • Range of benefits to support your physical, psychological and financial wellbeing 
  • Employee Assistance Program, a robust behavioural health network with counselling and coaching services
  • Recognition and service awards

Our commitment to diversity, equity and inclusion

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We are committed to providing a working environment that embraces diversity, equity and inclusion. As an inclusive employer, Macquarie does not discriminate on the grounds of age, disability, sex, sexual orientation, gender identity or expression, marriage, civil partnership, pregnancy, maternity, race (including color and ethnic or national origins), religion or belief.