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Principal, Product Management, Investment Management

Employer
BNY Mellon
Location
New York, USA
Salary
Competitive
Closing date
May 28, 2022

View more

Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Overview

Supports the product, operational and administrative needs of the business including, but not limited to oversight of primary trading desk systems and operations, acting as a liaison for the business with various fund accounting/middle office/custody/compliance/risk management/product groups.

Leads program management, development and strategy for significantly large and/or complex products of strategic importance for the business. Role is not always tied to a specific product but should be familiar with short-duration fixed income investment products and its operations.

Analyzes complex requirements and develops solutions that may include more than one product. Must understand the economics behind the investment products and demonstrate business acumen. Responsible for crafting the strategies behind product/business development and delivery. Must have market knowledge to integrate the demands of various constituents.

Ensures Operations, Technology, Risk, Compliance, Legal, etc. team concerns are addressed. Employs a client/business-focused, strategic approach to develop the business case for firm offerings in the marketplace through in-depth and complex analyses on competitive landscape and industry environment.

Demonstrates in-depth and comprehensive knowledge of assigned products, investment operations, the marketplace and client needs to drive business growth/development and maximize profitability.

Creates product management roadmaps and establishes evaluation criteria and success metrics. Oversees pricing, promotion, and competitive differentiators. Positions products for specific client segments, highlighting key benefits and competitive advantages. Works with sales and relationship management teams to support sales efforts and close on deals as needed.

May also be responsible for revenue goals, profitability, and pricing for assigned products along with capital and operating budgets.

Guides junior product/relationship managers and directs and works with operations and systems managers during product implementation to ensure operating plan goals are met.

No direct reports. Provides guidance to less experienced colleagues as needed. Contributes to the achievement of area objectives and business profitability.

Bachelors degree or the equivalent combination of education and experience is required. 10-12 years of total work experience preferred.

Experience in Product Management, fund operations, middle office preferred. Applicable local/regional licenses or certifications as required by the business.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support well being and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

EEO Statement:

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

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