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Senior Vice President, Product Management
$256k-310k (estimate)
Full Time 1 Month Ago
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BNYM External Career Site is Hiring a Senior Vice President, Product Management Near New York, NY

Bring your ideas. Make history. BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital. 

With over 240 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we’re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about. 

We’re seeking a future team member for the role of Senior Vice President, Product Management to join our Treasury Services team. This role is located in Pittsburgh, PA or New York, NY (Hybrid - In office) 

In this role, you’ll make an impact in the following ways:

  • 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 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).

To be successful in this role, we’re seeking the following: 

  • 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.

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 
  • Bloomberg’s Gender Equality Index (GEI)
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index
  • Best Places to Work for Disability Inclusion, Disability: IN – 100% score 
  • 100 Best Workplaces for Innovators, Fast Company
  • CDP’s Climate Change ‘A List’

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.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 $100,000 and $200,000 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.

Job Summary

JOB TYPE

Full Time

SALARY

$256k-310k (estimate)

POST DATE

03/15/2024

EXPIRATION DATE

05/14/2024

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The following is the career advancement route for Senior Vice President, Product Management positions, which can be used as a reference in future career path planning. As a Senior Vice President, Product Management, it can be promoted into senior positions as a Top Product Management Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Senior Vice President, Product Management. You can explore the career advancement for a Senior Vice President, Product Management below and select your interested title to get hiring information.

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