ETF/UIT Principal, Product Management

Employer
BNY Mellon
Location
New York, USA
Salary
Competitive
Posted
Jan 20, 2022
Closes
Feb 04, 2022
Ref
13396010
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Product Management - IC5Leads product management, development and strategy for significantly large and/or complex products of strategic importance.
  • Role is not always tied to a specific product.
  • Usually assigned to product areas with high-growth potential or that represent a niche/specialty offering and has fully developed core expertise on industry trends, market segments and competitor services/offerings.
  • Analyzes complex client requirements and develops solutions that may include more than one product. Must understand the economics behind products and demonstrate business acumen.
  • Responsible for crafting the strategies behind product development and delivery.
  • Must have market knowledge to integrate the demands of various regions and stay ahead of competitors. Is directly responsible for product profitability across a range of large, complex, global products.
  • Ensures Operations, Technology, Risk, Compliance, Legal, etc. team concerns are addressed during the product development, enhancement, delivery, strategy, and planning processes.
  • Employs a client-focused, strategic approach to develop the business case for firm offerings in the marketplace through in-depth and complex analyses on client segments, competitive landscape and industry environment.
  • Demonstrates in-depth and comprehensive knowledge of assigned products, the marketplace and client needs to drive product growth/development and maximize profitability.
  • Seen as a firm expert on a key product or product portfolio of strategic importance to the firm.
  • Creates product management roadmaps and establishes evaluation criteria and success metrics. Oversees pricing, promotion, distribution strategies 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 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 profitability of assigned product(s).

Qualifications:
  • Bachelors degree or the equivalent combination of education and experience is required.
  • Advanced/graduate degree preferred.
  • 10-12 years of total work experience preferred.
  • Experience in Product Management, operations, client management preferred.
  • MBA or CFA preferred.
  • Product Leadership Certification 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 wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

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