The incumbent is a member of the Wealth Management Private Banking leadership team supporting our Wealth Management business. S/He manages the Product Management function for a business unit (Wealth Management client deposits) and has oversight of the full complement of banking products within a key segment. May touch on a significant number of products across geographies.
Establishes the strategic approach for the development of a variety of banking products and product lines and works with senior leaders to ensure functional strategies tie to business unit objectives. Guides staff in building the business case for firm offerings in the marketplace and ensures that the team stays on top of the competitive landscape and the industry environment. In collaboration with senior leaders, determines the key products of strategic importance to the firm and the long term goals for the function. Responsible for the growth and profitability of all products.
Manages the product life cycle from development through marketing. Evaluates suggested areas for enhancement or new/innovative features and determine the most viable options to pursue. Ensures implementation across all global products. Determines overall strategic positioning and targeted client segments for all products.
Collaborates with peer managers in Relationship Management/Business Development/Account Management and Marketing teams to deliver on sales and market share goals. Responsible for ensuring that all work conducted by subordinate team aligns necessary regulatory requirements. Assists staff in navigating Risk, Legal or Compliance requirements.
Recruits, directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team. Provides feedback at the most critical times. Manages multiple teams. Work is accomplished through subordinate managers.
Develops and oversees the achievement of functional objectives and ensures they reflect and support business unit objectives. Manages the financial and human resources for the function.
Bachelor’s degree or the equivalent combination of education and experience is required. Advanced/graduate degree preferred.
10-15 years of total work experience with at least 3-5 years in management preferred. Securities or financial services experience 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: 70233
Job: Wealth Management
Organization: WM Private Banking-HR14968
Requisition Number: 2000059