Associate, Product Strategy & Development

📍 Job Overview

Job Title: Associate, Product Strategy & Development

Company: Brookfield Asset Management

Location: Los Angeles, California, United States

Job Type: Full-time

Category: Product Strategy & Development

Date Posted: 2026-06-12

Experience Level: Associate (2-6 years)

Remote Status: On-site

🚀 Role Summary

• Drive investment product innovation and strategic growth initiatives within Brookfield's Global Client Group.

• Conduct in-depth market research and intelligence gathering on industry trends and competitor activities to inform product development strategy.

• Evaluate new business concepts and product ideas, leveraging data-driven analysis and financial modeling to support strategic growth.

• Collaborate cross-functionally with investment, fundraising, marketing, legal, tax, and fund operations teams on new product launches and enhancements.

• Develop strategic partnership proposals with investors, utilizing the firm's comprehensive capabilities.

📝 Enhancement Note: This role is positioned within the Global Client Group, indicating a strong focus on investor relations, capital raising, and product development tailored to institutional and sophisticated investors in the alternative asset management space. The emphasis on "Product Strategy & Development" suggests a forward-looking perspective, aiming to innovate and expand Brookfield's offerings.

📈 Primary Responsibilities

• Monitor and analyze key market trends and competitor activities within the alternative asset management industry to inform product development strategy and business decisions.

• Evaluate new business and product ideas, developing data-driven recommendations to support the firm’s growth objectives.

• Contribute to product-focused initiatives, including the launch of new products and enhancements to existing offerings, in close collaboration with senior stakeholders.

• Develop and present strategic partnership proposals to investors, showcasing the firm's diverse capabilities and solutions.

• Perform rigorous financial analyses and sophisticated financial modeling to support business decisions and identify growth opportunities.

• Support senior leadership with ad hoc research projects and strategic analyses as required.

• Leverage AI-enabled tools to enhance market intelligence, competitor research, data synthesis, workflow automation, and presentation development.

• Assist in the preparation and coordination of product-related decisions and exceptions for governance discussions.

📝 Enhancement Note: The responsibilities clearly outline a blend of strategic analysis, market research, financial modeling, and cross-functional collaboration. The explicit mention of "AI-enabled tools" indicates a modern approach to operations and product development, requiring candidates to be comfortable with technology integration for efficiency.

கல் Skills & Qualifications

Education:

• Undergraduate degree with an excellent academic background.

• Additional credentials such as CFA, CAIA, MBA, or CPA are considered a strong bonus. Experience:

• 2 to 6 years of financial services-related experience, with a specific focus on the alternative asset management industry.

• Demonstrated experience or relevant exposure to product development and implementation processes. Required Skills:

• Robust research, analytical, and quantitative skills, with a proven ability to interpret complex data.

• Excellent communication, writing, and presentation skills, particularly in using PowerPoint for strategic storytelling.

• Ability to manage multiple competing priorities effectively in a dynamic, fast-paced environment.

• Strong interpersonal skills, with a demonstrated ability to build relationships and collaborate effectively across various organizational functions.

• A proactive and positive attitude with a strong work ethic and intellectual curiosity.

• Team player mentality, with a collaborative and disciplined approach to work. Preferred Skills:

• Experience with product development lifecycle management in financial services.

• Familiarity with AI-enabled tools for data analysis, workflow automation, and market intelligence.

• Understanding of investment product structures and regulatory considerations within alternative asset management.

• Experience in financial modeling and scenario analysis for strategic decision-making.

📝 Enhancement Note: The experience requirement specifies a niche within financial services (alternative asset management), making prior industry exposure critical. The emphasis on soft skills like communication, collaboration, and a proactive attitude, alongside technical skills, highlights the importance of cultural fit and team integration.

📊 Process & Systems Portfolio Requirements

Portfolio Essentials:

• Showcase examples of market research reports, including analysis of trends, competitor landscape, and strategic recommendations.

• Present case studies demonstrating involvement in product development initiatives, detailing the process from ideation to launch or enhancement.

• Include examples of financial models, scenario analyses, or quantitative assessments used to support business decisions or product valuations.

• Highlight any experience with developing strategic partnership proposals or investor-focused solutions. Process Documentation:

• Documents illustrating the process of evaluating new business or product ideas, from initial concept to feasibility assessment.

• Examples of workflow designs or process improvements, particularly those that leverage technology or AI for efficiency gains.

• Evidence of collaboration with cross-functional teams (e.g., legal, operations, marketing) on product development projects.

• Presentation materials (e.g., slide decks) that effectively communicate complex analyses, strategies, or product proposals to senior stakeholders.

📝 Enhancement Note: For a role focused on Product Strategy & Development, a portfolio is crucial. It should demonstrate a candidate's ability to translate market insights into actionable product strategies, supported by robust analytical and financial modeling skills. The inclusion of AI tools in responsibilities suggests a preference for candidates who can showcase innovative approaches to process and data.

💵 Compensation & Benefits

Salary Range:

Based on industry benchmarks for an Associate level in Product Strategy & Development in Los Angeles, with 2-6 years of experience in alternative asset management, the estimated annual base salary range is $100,000 - $150,000. This estimate is a guide and actual compensation will be determined by factors including relative experience, overall years of experience, industry expertise, and educational qualifications.

Benefits:

• Short-term Incentive Program (Cash Bonus): Performance-based bonuses tied to individual and company achievements.

• Health, Dental, and Vision Insurance: Comprehensive coverage for employees and their families.

• Retirement Savings Plan: Opportunities for long-term financial planning, likely including a 401(k) with potential company match.

• Paid Time Off: Generous vacation, sick leave, and holiday policies.

• Professional Development: Support for continuing education, certifications (CFA, CAIA, MBA, CPA), and attendance at industry conferences.

• Employee Assistance Program: Resources for personal and professional well-being. Working Hours:

The standard working hours are approximately 40 hours per week. However, the dynamic nature of financial services and product development may require occasional flexibility and working beyond standard hours to meet project deadlines and critical business needs.

📝 Enhancement Note: The salary range is estimated based on the location (Los Angeles), experience level (Associate, 2-6 years), and industry (Alternative Asset Management). The explicit mention of a "Short-term Incentive Program" and "Cash Bonus" in the raw data is retained as a key benefit. The "40 hours per week" is a standard baseline, but the nature of the role implies potential for overtime.

🎯 Team & Company Context

🏢 Company Culture

Industry: Alternative Asset Management. Brookfield is a global leader with a 100+ year heritage, specializing in owning and operating assets and businesses that form the backbone of the global economy.

Company Size: Brookfield Asset Management is a large, established global financial institution. Specific employee numbers for the Global Client Group or Product Strategy team are not detailed but the overall company is extensive.

Founded: Brookfield's heritage spans over 100 years, indicating a deeply rooted and experienced organization.

Team Structure:

• The Associate will be part of the Product Strategy & Development Team within Brookfield's Global Client Group (GCG).

• GCG is responsible for managing institutional relationships, strategic partnerships, and capital raising for Brookfield's funds.

• Collaboration is expected with various internal departments including investment teams, fundraising, marketing, legal, tax, and fund operations. Methodology:

• Data-driven decision-making and recommendations are central to the role.

• A disciplined approach to market research, financial analysis, and product evaluation is expected.

• Emphasis on collaborative workflows and leveraging AI-enabled tools for efficiency and enhanced insights.

• Long-term focus on strategic growth and innovation for the firm's product offerings.

Company Website: [Brookfield Asset Management Website URL - Placeholder as not provided]

📝 Enhancement Note: The company culture is described as "unique and dynamic," emphasizing long-term focus, entrepreneurial spirit, collaboration, and discipline. This suggests an environment that values strategic thinking, teamwork, and a proactive approach to problem-solving. The "Attributes of a Brookfield Leader" are key indicators for cultural fit.

📈 Career & Growth Analysis

Operations Career Level: Associate. This level typically involves supporting senior team members, executing assigned projects with a degree of independence, and developing specialized knowledge within product strategy and development. The role requires analytical rigor and the ability to contribute to strategic initiatives.

Reporting Structure: The Associate will report to senior members within the Product Strategy & Development Team. Direct collaboration with senior stakeholders across various departments is a key aspect of the role.

Operations Impact: This role directly influences the firm's investment product pipeline and strategic growth. By identifying market opportunities, developing innovative products, and supporting capital raising efforts, the Associate contributes significantly to Brookfield's revenue generation and market position in alternative asset management.

Growth Opportunities:

• Specialization: Deepen expertise in specific alternative asset classes (e.g., infrastructure, real estate, private equity, credit) or product types.

• Advancement: Progress to Senior Associate, Vice President, or Director roles within Product Strategy & Development or related GCG functions.

• Cross-functional Mobility: Opportunities to move into investment roles, investor relations, or business development within Brookfield.

• Skill Development: Continuous learning in financial modeling, market analysis, AI tools, and strategic product management.

• Leadership Exposure: Working closely with senior leadership provides mentorship and visibility for future leadership roles.

📝 Enhancement Note: The "Associate" title, coupled with 2-6 years of experience, suggests a mid-level role with significant potential for growth. The emphasis on collaboration with senior stakeholders and direct impact on product strategy indicates a high-visibility position within the organization, offering substantial career development opportunities.

🌐 Work Environment

Office Type: Brookfield operates within a professional, corporate office environment. The Los Angeles office is located at 333 South Grand Avenue, 28th Floor, suggesting a modern, well-equipped workspace in a prime business district.

Office Location(s): The primary location for this role is Los Angeles, California. While Brookfield is a global organization, this specific position is based in their Los Angeles office.

Workspace Context:

• Collaborative Environment: The culture emphasizes collaboration, suggesting an open and interactive workspace designed to foster teamwork and idea-sharing.

• Tools & Technology: Access to advanced financial modeling software, market data terminals, AI-enabled tools, and standard office productivity suites (Microsoft Office, particularly PowerPoint).

• Team Interaction: Frequent interaction with colleagues within the Product Strategy & Development team, as well as with professionals from investment, sales, marketing, legal, and operations departments.

Work Schedule: While a standard 40-hour work week is expected, the fast-paced nature of financial services and product development may necessitate flexibility and occasional extended hours to meet project deadlines and market demands.

📝 Enhancement Note: The Los Angeles location in a prominent business district implies a professional and dynamic work setting. The on-site requirement highlights the importance of in-person collaboration and team engagement.

📄 Application & Portfolio Review Process

Interview Process:

• Initial Screening: A review of your resume and application to assess qualifications against the role requirements.

• First Round Interview: Typically with a hiring manager or senior team member, focusing on behavioral questions, your experience in alternative asset management, and understanding of product development principles.

• Case Study/Analytical Exercise: Candidates may be asked to complete a take-home assignment or an in-person exercise involving market research, financial analysis, or product strategy development. This will assess quantitative skills, strategic thinking, and ability to synthesize information.

• Second Round Interview: May involve meeting with additional senior leaders, potentially including GCG heads, to discuss strategic thinking, collaboration style, and alignment with Brookfield's culture.

• Final Interview: Potentially with very senior executives to assess overall fit and strategic vision.

Portfolio Review Tips:

• Curate Selectively: Focus on 2-3 of your strongest projects that best demonstrate your skills in market intelligence, product strategy, financial modeling, and cross-functional collaboration.

• Quantify Impact: Clearly articulate the impact of your work using specific metrics where possible (e.g., projected revenue growth, efficiency improvements from automation, market share analysis).

• Process Clarity: For each project, clearly outline the problem, your approach, the tools/methodologies used (including any AI tools), your specific contributions, and the outcome.

• Tailor to Brookfield: Highlight experiences that align with Brookfield's focus on alternative assets, long-term strategic growth, and collaborative discipline.

• Presentation Skills: Be prepared to walk through your portfolio items concisely and compellingly, demonstrating your ability to communicate complex ideas clearly.

Challenge Preparation:

• Market Analysis: Be ready to discuss current trends in alternative asset management, key competitors, and potential new product opportunities.

• Financial Modeling: Refresh your knowledge of building financial models, performing scenario analysis, and valuation techniques relevant to investment products.

• Product Strategy: Prepare to articulate how you would approach evaluating a new product idea or enhancing an existing one.

• AI Tools: Be prepared to discuss how you have used or would use AI-enabled tools to improve market intelligence, data synthesis, or workflow efficiency.

📝 Enhancement Note: The interview process is likely to be rigorous, common for large financial institutions. The emphasis on a portfolio and analytical exercises suggests a strong focus on tangible skills and demonstrable experience in product strategy and financial analysis.

🛠 Tools & Technology Stack

Primary Tools:

• Microsoft Office Suite: Advanced proficiency in Excel (for financial modeling, data analysis), PowerPoint (for presentations, strategy articulation), and Word.

• Financial Data Platforms: Experience with platforms like Bloomberg Terminal, Refinitiv Eikon, or similar for market data, news, and analytics.

• CRM Systems: Familiarity with CRM platforms (e.g., Salesforce, Microsoft Dynamics) for understanding client relationship management, though not a primary focus of this role.

Analytics & Reporting:

• Business Intelligence Tools: Experience with BI tools such as Tableau, Power BI, or similar for data visualization and reporting on market trends and product performance.

• Statistical Software: Potential exposure to tools like R or Python for more advanced data analysis and modeling.

CRM & Automation:

• AI-enabled Tools: Explicitly mentioned as a requirement. Candidates should be prepared to discuss experience with AI tools for market intelligence, competitor research, data synthesis, and workflow automation. This could include AI-powered analytics platforms, research tools, or automation software.

• Project Management Software: Familiarity with tools like Asana, Jira, or Monday.com for managing project timelines and cross-functional tasks.

📝 Enhancement Note: The explicit mention of "AI-enabled tools" is a key differentiator. Candidates should highlight any experience with AI platforms for research, data analysis, or automation. Proficiency in Excel and PowerPoint is fundamental, alongside experience with industry-standard financial data platforms.

👥 Team Culture & Values

Operations Values:

• Discipline: A methodical and rigorous approach to research, analysis, and decision-making, ensuring accuracy and reliability.

• Collaboration: Working effectively with diverse teams across the organization, fostering open communication and shared goals.

• Long-Term Focus: Prioritizing strategies and product development that contribute to sustainable, long-term growth and value creation for Brookfield and its investors.

• Entrepreneurial Spirit: Proactively identifying new opportunities, innovative solutions, and driving initiatives forward with initiative and a growth mindset.

• Data-Driven Approach: Relying on quantitative analysis and market intelligence to inform strategies and product decisions.

Collaboration Style:

• Cross-functional Integration: Actively engaging with investment, fundraising, marketing, legal, tax, and operations teams to ensure comprehensive product development and successful launches.

• Stakeholder Management: Building strong relationships and communicating effectively with internal stakeholders at all levels to gather insights, gain buy-in, and drive initiatives forward.

• Feedback Culture: Open to constructive feedback and contributing to a culture of continuous improvement within the team and across departments.

📝 Enhancement Note: The company culture emphasizes discipline, collaboration, and a long-term perspective. These values are crucial for success in a role that involves strategic product development within a large, established financial institution.

⚡ Challenges & Growth Opportunities

Challenges:

• Pace of Market Change: The alternative asset management industry is dynamic; staying ahead of evolving market trends and competitor strategies requires continuous learning and adaptability.

• Cross-functional Alignment: Balancing the needs and perspectives of various departments (investment, legal, marketing, operations) to achieve consensus on product strategy and development.

• Data Synthesis & Interpretation: Effectively synthesizing vast amounts of market data and complex financial information into actionable insights and clear recommendations.

• AI Tool Integration: Successfully leveraging and integrating emerging AI tools into existing workflows for maximum efficiency and strategic advantage.

Learning & Development Opportunities:

• Industry Expertise: Gaining deep knowledge across various alternative asset classes and their respective market dynamics.

• Product Development Lifecycle: Mastering the end-to-end process of investment product innovation, from ideation and research to launch and ongoing management.

• Financial Modeling & Analysis: Enhancing sophisticated financial modeling, valuation, and scenario analysis skills.

• Strategic Communication: Developing advanced presentation and stakeholder management skills for influencing senior leadership and external partners.

• AI & Technology Adoption: Becoming proficient in utilizing AI-enabled tools for enhanced productivity and strategic insight generation.

📝 Enhancement Note: This role presents opportunities to tackle complex strategic challenges in a rapidly evolving industry, fostering significant professional growth and skill development in areas critical to modern finance and product innovation.

💡 Interview Preparation

Strategy Questions:

• "Describe a time you identified a significant market trend. How did you analyze its potential impact on investment products, and what recommendations did you make?" (Focus on market intelligence, analysis, and strategic recommendations.)

• "Walk us through a product development initiative you contributed to. What was your role, how did you collaborate with other teams, and what was the outcome?" (Highlight cross-functional collaboration, process understanding, and impact.)

• "How would you evaluate the viability of a new investment product idea for Brookfield's Global Client Group, considering our focus on alternative assets?" (Demonstrate strategic thinking, analytical approach, and understanding of Brookfield's business.) Company & Culture Questions:

• "What interests you about Brookfield Asset Management and its role in alternative asset management?" (Show research into the company's history, reputation, and market position.)

• "How do you embody Brookfield's core attributes of being Entrepreneurial, Collaborative, and Disciplined in your work?" (Provide specific examples of how you've demonstrated these traits.)

• "How do you prioritize competing demands and manage your workload in a fast-paced environment?" (Assess time management, resilience, and organizational skills.) Portfolio Presentation Strategy:

• Narrative Arc: Structure your portfolio walkthrough with a clear beginning (problem/opportunity), middle (your analysis/solution), and end (outcome/impact).

• Visual Storytelling: Use your slides effectively to tell the story of your project. Focus on key insights and data points rather than overwhelming detail.

• Quantify Everything: Whenever possible, use numbers and metrics to demonstrate the impact of your work.

• Highlight Collaboration: Emphasize how you worked with others and what your specific contributions were.

• Focus on "Why": Explain the strategic rationale behind your decisions and recommendations.

Challenge Preparation:

• Case Study Analysis: Practice analyzing case studies related to market opportunities, product feasibility, or competitive strategy in the alternative asset management sector.

• Financial Modeling Practice: Review and practice building financial models, conducting sensitivity analysis, and performing valuation exercises.

• AI Tool Application: Be ready to discuss how you would use AI tools to accelerate research, improve data accuracy, or automate parts of the product development process.

📝 Enhancement Note: Interview preparation should focus on demonstrating analytical rigor, strategic thinking, collaborative capabilities, and a strong understanding of the alternative asset management landscape. Explicitly referencing AI tools in responses will be beneficial.

📌 Application Steps

To apply for this Product Strategy & Development Associate position:

• Submit your application through the provided link on the Brookfield careers portal.

• Tailor your resume: Ensure your resume clearly highlights your experience in financial services, particularly within alternative asset management, and emphasizes product development, market research, financial modeling, and any use of AI-enabled tools. Use keywords from the job description.

• Prepare your portfolio: Curate 2-3 key projects that showcase your analytical skills, strategic thinking, and collaborative achievements. Be ready to discuss your contributions and the impact of your work.

• Research Brookfield: Familiarize yourself with Brookfield's business lines, investment strategies, recent news, and company culture. Understand their position in the alternative asset management market.

• Practice your pitch: Rehearse your responses to common interview questions, focusing on behavioral examples and demonstrating how your skills and experience align with Brookfield's values and the role's requirements. Prepare to walk through your portfolio confidently.

⚠️ Important Notice: This enhanced job description includes AI-generated insights and operations industry-standard assumptions. All details should be verified directly with the hiring organization before making application decisions.