Principal, Product Management

Overview

About BNY Mellon

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of Dec. 31, 2021, BNY Mellon had $46.7 trillion in assets under custody and/or administration, and $2.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com . Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

Job Summary:

Product Management - Leads 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. Our digital assets strategy focuses on extending our core products to support this new asset class, building brand new businesses, and leveraging DLT as a capability to transform our services and modernize our infrastructure. Our Enterprise Digital Assets drives the strategy, design, and execution of digital asset initiatives in the Bank in partnership with teams from lines of businesses and functions. As a part of the line of business team you will focus on digital assets and blockchain product development, Fintechs to build next generation products and capabilities.

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 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.

Demonstrates in-depth and comprehensive knowledge of assigned products, the marketplace and client need to drive product growth/development and maximize profitability.

Seen as a firm expert on a Digital Assets/DLT/Smart Contracts.

Creates product management roadmaps and establishes evaluation criteria and success metrics.

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.

Qualifications Required:

Bachelor's 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 Technology Product Management, operations, client management preferred.

• Define and execute the Digital Assets strategy, feature & functionality for the product informed by client demand, market dynamics and regulations
• Partner with business, technology, product, and functional teams to identify new digital assets opportunities
• Provide digital assets/Smart Contract/DLT expertise to businesses and functions
• Articulate the business impact and driving the strategic design / roadmap and execution; drive senior executive discussions and workshops
• Engage with FinTech and other vendors to deliver solutions and capabilities
• Establish and deliver cross enterprise initiatives and capabilities for supporting product developments

Preferred Qualifications:

• Experience working with digital assets, DLT and Smart Contracts strongly preferred
• Candidates with good understanding of business drivers, technology landscape, market structure, regulatory environment and trends in securities, institutional banking is preferred
• Strategic thinker with strong analytics, structured thinking, and problem-solving skills
• Strong written and verbal communication skills including presenting ideas in an impactful manner for senior audiences
• Ability to work effectively across the across stakeholders in functions and regions including building trusted partnership with and influencing senior stakeholders across the organization

#LI-Hybrid

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.

BNY Mellon assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $98,000 and $216,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNYM total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will, and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

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.