Senior Vice President, Product Management

Job description

Who we are:
For 240 years, Bank of New York Mellon (BNY Mellon) has been at the centre of the global financial markets, providing the world's leading institutions the tools, capabilities, and services to be distinctive investors. BNY Mellon has approximately $16.5 billion in revenues and a 23% return on tangible common equity. BNY Mellon is a leader in the world of investment services and investment management, and our businesses support the full range of stakeholders of the financial system including:

• Managing the custody of approximately $37 trillion financial assets of the world's leading institutional investors, hedge funds, sovereign wealth funds, and corporates


• Investing approximately $2 trillion as one of the largest global asset managers across a wide range of asset classes


• Providing collateral, liquidity, and funding for the world's largest banks through our markets franchise


• Serving family offices and high net worth individuals through our wealth management franchise


• Providing a full suite of solutions to advisors, broker-dealers, family offices, hedge and '40 Act Fund managers, registered investment advisor firms and wealth managers


• Advising large global corporations on a range of trust and other solutions


• Providing integrated managed data services to asset managers

About BNY Mellon's Pershing
BNY Mellon's Pershing is a leading provider of clearing and custody services that is uniquely positioned to help complex financial services firms transform their businesses, drive growth, maximize efficiency, and manage risk and regulation. Wealth management and institutional firms outsource to Pershing for trading and settlement services, investment solutions, bank and brokerage custody, middle and back-office support, data insights, and business consulting. Pershing brings together high-touch service, an open digital platform and the BNY Mellon enterprise to deliver a differentiated experience for every client.

Pershing LLC (member FINRA, NYSE, SIPC) is a BNY Mellon company. With offices around the world, Pershing has over $2 trillion in assets and millions of investor accounts.

What we do:
As wholly owned subsidiary of BNY Mellon, Pershing EMEA provides a broad range of financial business solutions to investment banks, broker-dealers, wealth managers, financial planners and advisers across EMEA

• Wealth & Adviser Solutions: Trading, custody, settlement and investors books and records services to wealth managers, family offices, financial advisers and retail investment platforms.


• Trading: agency brokerage and execution services


• Clearing: broker dealer institutional middle and back-office solutions.

These are supported by a robust regulatory and compliance framework with dedicated client asset experience and expertise.

We're seeking a future team member for the role of Senior Vice President, Product Management to join our Client Product and Solutions team.

This role is located in London and is hybrid.

ROLE PROFILE
Pershing EMEA Client Product and Solutions supports our ambitious growth plans by conceiving, developing and delivering impactful client focused change aligned to our strategy, with a particular focus on delivering capabilities for the UK and Irish Wealth and Advisory segment.

Product managers support the ongoing management and commercialisation of our existing portfolio of established products and services.

As a Product manager at Pershing you will:

Responsibilities:

• Contribute to the articulation, prioritisation and delivery of the Wealth Solutions strategic roadmap.


• Provide proactive product leadership as part of change programs from ideation to implementation.


• Manage designated products throughout their lifecycle, working with clients and internal stakeholders to deliver compliant products meeting client needs in an effective control and governance framework.


• Support the commercialisation of Pershing products and services.


• Engage with clients, prospects and internal stakeholders as product champion. Develop innovative proposals aligned with client needs, market opportunities and Pershing's strategy.


• Select and provide ongoing management of vendors, with a focus on service quality, control of risk and value for money.


• Ensure that product are managed in accordance with governance policies and processes and that risks are identified and mitigated effectively.

Opportunity:
This is a great opportunity for someone with exemplary product management skills and the drive to make a difference to support the business in its next growth phase.

BNY Mellon Pershing is undergoing a transformation which will enhance its position in the market. The product function is central to this process.

The successful candidate will be:

• An experienced product manager, providing leadership within cross functional teams to deliver innovative and impactful change in a financial services context.


• An innovative thinker. Develop actionable, evidence-based proposals for product change responsive to our clients, wealth and advisory market and strategy.


• An analytical problem solver. Confident working both at a strategic level and "in the detail".


• Commercial and client focused. Take ownership to deliver positive outcomes for our clients and firm.


• Autonomous and self-directed. Able to prioritise and co-ordinate workload against organisational, client and personal goals.


• An accountable and consultative team member. Support our inclusive culture and contribute to the achievement of the team objectives.


• Insightful and knowledgeable of the UK wealth and advisory market.


• An excellent communicator, verbally and in writing. Able to impart complex ideas effectively to varied audiences.

At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:

• Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion, 2023


• Bloomberg's Gender Equality Index (GEI), 2023


• Human Rights Campaign Foundation, Corporate Equality Index, 2023


• Best Places to Work for Disability Inclusion , Disability: IN - 100% score, 2023


• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2023


• Forbes Blockchain 50, 2023

Our Benefits:

BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.