Principal, Product Management

Job Description

Product Management - IC5 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, but is aligned to the Markets-Securities Finance business. 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. This includes project support related to regulatory and audit compliance, also key to continued growth for the Markets-Securities Finance business.    Analyzes complex business 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, requirements gathering, 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. 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, and with operations on multiple efficiency and audit compliance project efforts. 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. Manages requirements gathering sessions and follow ups with key stakeholders in the Markets-Securities Finance business, including the design of written test cases related to new product offerings, and coordination of testing execution as well as “Go-Live Management” as a new or modified product offering is brought to market.  Contributes to the achievement of area objectives and profitability, risk, and audit compliance of assigned product(s). 

 

 

Qualifications

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 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.


BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.


Primary Location: United States-Pennsylvania-Pittsburgh
Internal Jobcode: 70236
Job: Global Markets
Organization: Securities Finance Total-HR10447
Requisition Number: 1917155