Private Markets Product Strategist and Developer (Hybrid)

About the Role

Federated Hermes is seeking a strategic and collaborative Product Development leader to drive the creation and management of U.S. private markets investment products across private credit, real estate, private equity, and infrastructure. In this role, you will partner closely with Investment Management, Sales, Compliance, Risk, Legal, Tax, and Operations teams to design products that align with client needs, regulatory expectations, and our firm's responsible-investment ethos.

You will oversee the full product lifecycle—from concept and market assessment through launch and ongoing evolution—managing complex initiatives, navigating governance processes, and ensuring delivery on time and within budget. Leveraging market intelligence, regulatory insight, and client feedback, you will shape product strategy, respond to industry and regulatory change, and help position Federated Hermes' private markets offerings competitively in the U.S. landscape.

This role serves as a point of contact for all private-markets product matters and requires strong project management, cross-functional leadership, and the ability to balance strategic vision with execution.

Requirements

• Bachelor degree required; MBA preferred
• 6+ years of private market product development experience in the asset management environment with a proven track record of delivery required; experience in the wealth management market preferred
• Previous experience managing scoping and launch of private markets pooled investment products required; semi-liquid and/or wealth focused evergreen fund structures preferred
• Experience in either private equity or real estate asset classes required; experience in all of Federated Hermes' key asset classes preferred including private credit, real estate, private equity and infrastructure
• Familiarity with key US private market fund regulations required, including 40 Act preferred
• Solid investment knowledge across a broad range of investment strategies and the regulatory landscape for private markets in US required
• Strong project management skills required

Pay

The annual base salary range for the Private Markets Product Strategist and Developer is $115,680 - $214,010. In determining salary multiple factors will be taken into consideration such as primary work location, experience, education and skill set.