Sr Specialist, Product Management
- Employer
- BNY Mellon
- Location
- New York, USA
- Salary
- Competitive
- Posted
- May 11, 2022
- Closes
- May 25, 2022
- Ref
- 14853186
- Job Function
- Other
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
Overview
Product Management - Leads product management, development and strategy for large and/or complex products.
Qualifications:
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.
Product Management - Leads product management, development and strategy for large and/or complex products.
- Usually assigned to product areas with high-growth potential and has fully developed core expertise on industry trends, market segments and competitor services/offerings.
- Develops ideas for new products.
- Ensures that risk, regulations, and market conditions are accounted for throughout the life-cycle of developed products.
- Analyzes complex client requirements and develops solutions that may include more than one product. Must understand the economics behind products and demonstrate business acumen.
- Independently manages the development, enhancement, and profitability of assigned products and performs both operational and marketing analysis to ensure profitability and penetration goals are met.
- Manages relationship with Operations, Technology, Risk, Compliance, Legal, etc. to ensure different requirements are met during the new 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.
- Creates product management roadmaps and establishes evaluation criteria and success metrics.
- Leads pricing, promotion, distribution strategies and competitive differentiators.
- Positions products for specific client segments, highlighting key benefits and competitive advantages. Engages with Sales and relationship Management in supporting business sales.
- Performs technical training, demonstration and develops user guides for clients while also preparing sales materials and training BNY Mellon professionals.
- 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. May lead others on project teams.
- 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.
- 7-10 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.