BNY Mellon Careers
Senior Principal, Product Management (eFX)
The Product Line Manager II is a key member of the Product Management group responsible for managing the strategic delivery of FX-related products and services to the client base of our FX businesses worldwide. The position, reporting to the Head of Product Management, requires the candidate to serve as the lead Markets Product Management representative supporting the Enterprise FX initiative.
The primary focus of the Enterprise FX initiative is to develop, enhance, anddeliver key strategic initiatives for our Client Execution Services business within Markets FX with a focus on algorithmic trading and electronic platforms. . In this role the candidate will work closely with both the EFX trading teams and sales teams to identify, develop, and implement new revenue-producing initiatives for Markets FX.
The candidate will be expected to work closely with key Line of Business Stakeholders in Operations, Technology and front office to develop key products, implement change and execute and define the overall business strategy. The candidate will also be expected to work with a team of other Product Managers responsible for managing the development of other client applications for our Asset Servicing client base.
Provides leadership to multiple teams of Product Management professional staff responsible for managing a range of products from development to sales and delivery. Supports the development of departmental priorities. Allocates resources to support the achievement business objectives and ensure alignment with the annual plan. Develops ideas for new products and generates buy-in from the business to integrate into pipeline. Considered to be an expert in the field and provides functional insight to support the solution of complex, operational and organizational problems.
Oversees strategy design behind product development and delivery. Ensures strategies align with departmental priorities and annual plan. Leverages strong market knowledge to integrate the demands of various regions and stay ahead of competitors. Is directly responsible for teams performance and profitability.
Interacts directly with key leaders across the business and external customers to negotiate and market BNY Mellons offerings. Demonstrates in-depth and comprehensive knowledge of teams capabilities and an understanding of all products, the marketplace and client needs to drive product growth/development and maximize profitability. Seen as a firm expert on multiple products and product portfolios that are of strategic importance to the firm.
Provides oversight around the development of product management roadmaps and ensures alignment with organization functional business plans. Supports and funds projects and products.
Responsible for revenue goals, profitability, and pricing for all products along with capital and operating budgets.
Takes an active role in the development and coaching of Product Managers.
Provides guidance to less experienced colleagues as needed. Leads others on project teams and assists management to operationalize functional or business objectives.
Contributes to the achievement of functional objectives.
Bachelors degree or the equivalent combination of education and experience is required. Advanced/graduate degree preferred.
12 plus years of total work experience preferred with a key focus on Foreign Exchange trading including electronic FX and algorithmic execution. Must be well versed in pre and post trade messaging, major ECNs and other electronic trading avenues, analytics, and transaction cost analysis options.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.
Primary Location: United States-New York-New York
Internal Jobcode: 70659
Job: Global Markets
Requisition Number: 1903835