Product Development Associate Director

Job Title: Product Development Associate Director    

Contract Type:  Permanent, full-time              

Location: Paris, France      

Department: Investment Office

What the Hiring Manager says….

“This is an exciting role at the heart of our global product strategy. You’ll be joining a small, dynamic team that shapes the future of our alternative investment platform. You’ll work with colleagues across investment, client solutions, legal and operations — as well as with senior leadership — so strong communication and cross-functional skills are key. For someone who thrives in a global, fast-moving environment, this is a chance to make a tangible impact on the firm’s growth.”

Summary of our opportunity

The Associate Director will play a key role in the design, development, and implementation of new products across strategies (e.g., private credit, infrastructure, secondaries, real assets). Working closely with investment teams, distribution, legal, compliance, and operations, the Associate Director will help shape and deliver innovative solutions tailored to institutional and wealth-management clients globally.

This position requires strong project-management skills, deep understanding of fund structures and regulations, and the ability to operate effectively in a fast-paced, cross-border environment.

Primary responsibilities for this role include (but are not limited to):

Product Development & Structuring

• Lead and support the structuring and launch of new alternative investment products (e.g., closed-end funds, evergreen vehicles, feeders).
• Analyze competitor products, market trends, and investor demand to identify opportunities for innovation.

Cross-Functional Coordination

• Collaborate with colleagues across investment teams, marketing/client relations, operations, compliance, tax, and legal to ensure smooth execution of product launches.

Strategic Initiatives & Governance

• Contribute to strategic product initiatives supporting global distribution priorities.
• Prepare and present materials for internal governance committees and senior management.
• Ensure alignment with cross-border distribution requirements.

Project & Resource Management

• Manage multiple projects across regions.
• Provide mentorship and guidance to analysts/associates within the team.
• Support the continuous improvement of product development processes and frameworks.

Key Requirements/ Qualifications

• 7–10 years of relevant experience in product development, structuring, or legal/compliance within asset management, private markets, or financial services.
• Strong knowledge of alternative fund structures (AIF, UCI Part II, ELTIF, SICAV, LPs, feeders, co-investments).
• Familiarity with Luxembourg fund regimes; understanding of global distribution frameworks.
• Proven ability to coordinate complex projects across multiple stakeholders and jurisdictions.
• Excellent analytical, drafting, and problem-solving skills; strong attention to detail.
• Fluency in English required.

Personal Attributes

Personal attributes that will make you successful in this role include but are not limited to: 

• Strategic and commercial mindset with strong understanding of investor needs (institutional and wealth/retail).
• Excellent communication and presentation skills.
• Team-oriented, adaptable, and able to thrive in a global, fast-changing environment.
• High level of integrity, professionalism, and discretion.

Our Global Benefits Framework is centred around these 3 key attributes:

• Wellbeing - Supporting your mental, physical and financial wellbeing as well as your lifestyle needs.
• Inclusivity – Fit for purpose and competitive, no matter who or where you are.
• Longevity – Long Term and sustainable in design.

Inclusion is one of ICG’s key values and we are committed to creating an equitable and inclusive workplace for everyone. By welcoming different perspectives, we strengthen ICG’s performance, enrich decision-making and contribute to better outcomes for our clients, colleagues, and the markets we serve. Accordingly, our recruitment processes provide equal employment opportunities to all applicants and employees, regardless of age, ethnicity, disability, sex, gender, sexual orientation, religion, or any other characteristic protected by local law.

We are equally committed to delivering an inclusive and accessible candidate experience. If you require information in an alternative format, additional time for assessments, an adjusted interview schedule, or any other support during the recruitment process, please let us know.