Vice President, Product Strategy & Design

Chicago, Illinois


Company Description

Founded in 1966, Heitman is a premier global real estate investment management firm with over $50 billion in assets under management. Heitman has three main business lines: direct real estate investment; the origination and servicing of debt secured by real estate and investments in publicly traded securities, including REITs, REOCs and other real estate companies. The Firm offers investment products and services across the risk/return spectrum, within each category.

Heitman is proud to be employee owned, and the firm’s real estate solutions are directed by some of the most experienced and innovative professionals in the industry. Headquartered in Chicago, with offices in Frankfurt, Hong Kong, London, Los Angeles, Luxembourg, Melbourne, New York, Seoul and Tokyo, Heitman has 350 employees who offer specialized expertise — from a specific discipline to local insight.

Job Description

Heitman is in search of a Vice President, Product Strategy & Design! This role will report to the Head of Global Product Strategy & Design. This function seeks to drive organic revenue growth by enhancing product development and innovation and by bringing greater strategic discipline and insight to the products we offer our clients. We stay ahead of evolving industry trends and ensure that Heitman has a robust product suite to support our clients’ needs through market cycles. We partner closely with all Heitman’s investment business globally, as well as the sales, client service, and marketing teams to deliver client solutions and achieve firm objectives.

We focus on five key areas i.e. Product Strategy, Product Development & Governance, Product Management & Oversight, Product Innovation and Corporate Initiatives. Based out of our Chicago office, the candidate will be responsible for supporting the integral functions of the team. The position offers a wealth of opportunities to interact with businesses and groups across the firm as well as with senior investors, client representatives and other key partners. The ideal candidate has a passion for commercial and creative problem solving as well as strong quantitative, analytical and research abilities.

The responsibilities of a Vice President, Product Strategy & Design include, but are not limited to:

  • Acquiring a deep knowledge of Heitman’s global product suite
  • Partnering with global businesses and research to assess new product ideas for viability, feasibility and fit within Heitman’s existing product set and strategic objectives, and building business cases around product ideas
  • Participating in a quarterly product development and approval process as needed, including partnering with and guiding cross functional teams as they work through ideas from the innovation phase and through product development
  • Understanding the stages of a product’s growth and maturity and setting standards and objectives for milestone product anniversary and franchise reviews
  • Leading franchise reviews on specific products, sharing outcomes with the product development committee, aligning on next steps and driving execution to ensure that Heitman’s products are positioned optimally in the market
  • Partnering with teams to conduct critical gap analyses and collaborating on a product priorities strategy
  • Developing product insights by analyzing new investment product trends across asset classes and categories, including analyzing competitor product suites and identifying upcoming product blockbusters and new product structures
  • Leveraging and sharing ideas and perspectives from outside the firm
  • Conducting investment due diligence, evaluating economics, pricing and competitive analysis on new ideas (both product ideas and strategic corporate initiatives)
  • Assisting in a range of cross functional product strategy projects and pivotal corporate initiatives


  • 8 - 10+ years of experience in the asset management industry with knowledge of investment products and product development. Real estate, real assets or private markets preferred
  • Knowledge and understanding of investment products, asset classes, distribution channels, competitors and trends
  • Proactive individual with a high degree of intellectual ability combined with a lateral-thinking, creative and enquiring mind
  • An ability to work efficiently and multi-task, prioritize, set and meet deadlines. Ability to manage a project from end to end and drive initiatives to completion
  • Strong data management and analytical skills with the capacity to assess data and form a view
  • Ability to build and understand an excel model and to read a basic financial statement. Proficiency in excel and PowerPoint
  • Collaborative individual with strong relationship-building skill who can partner successfully with employees at all levels
  • Good attention to detail and an enthusiasm to continuously improve process and quality of output
  • Ability to communicate effectively both written and verbal
  • Progress towards a CFA and familiarity with fund structuring is a plus

Additional Information

Interested professionals should apply via our website at Please make sure to select “careers” under the About tab to submit your cover letter and resume. If you are a Heitman employee, please make sure to apply using your Heitman email address.

Equal Employment Opportunity: Heitman is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on race, color, creed, religion, sex, age, national origin or ancestry, physical, medical or mental disability or condition (including, without limitation, HIV and AIDS), developmental disability, handicap, denial of family and medical care leave, denial of pregnancy leave, domestic partner status, status as a victim of sexual or domestic violence (or familial relationship to such victim), veteran status, marital status, sexual orientation, arrest records, citizenship status, criminal history that has been expunged, unfavorable discharge from the military, or any other basis protected by federal, state or local laws.