Senior Vice President, POM Product Management
Bny- Location
- New York, NY, United States
- Workplace
- —
- Employment
- Full Time
- Salary
- —
Posted 3mo ago
We’re seeking a future team member for the role of Senior Vice President, Product Manager to join our Global Payments & Trade team. This role is located in New York, NY.
In this role, you’ll make an impact in the following ways:
- 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.
- Analyses 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.
- Accountable for maximizing the value of the product resulting from the work of the pod.
- Owns end-to-end of delivery on the pod’s outcomes and ensures execution of the pod’s roadmap towards objectives by supporting and coaching the pod’s team to ensure they have a thorough understanding of the backlog and priorities.
- 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.
To be successful in this role, we’re seeking the following:
- Bachelor's degree in business or technical-related discipline, or equivalent work experience required, advanced degree preferred.
- 10-12 years of experience in providing payment, banking as a service, or embedded payment solutions product ownership or product management required, experience in the securities or financial services industry is a plus.
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