Director, Digital Assets Products And Platform Strategy

Federated Hermes, Inc.•Pittsburgh, PA

42d•Hybrid

About The Position

The Director, Digital Assets Product and Platform Strategy is responsible for driving the digital asset strategy and product delivery in order to grow new assets, uncover new distribution opportunities and establish new use cases for Federated Hermes investment capabilities.

Requirements

Bachelor degree required: Professional qualification e.g., finance, accountancy, law or tax
Proven experience delivering digital asset solutions within Financial Services or similar Fintec/Digital Asset providers
Strong understanding of blockchain and distributed ledger technology (DLT), including familiarity with various blockchain platforms and their capabilities
In-depth understanding of digital asset classes, including cryptocurrencies, tokenized securities, stablecoins and Central Bank Digital Currencies (CBDCs).
Previous experience in financial services including in-depth understanding of mutual funds, money market funds, UCITS and private funds; Background in product, operational processes, technology platforms and front office activities preferred
Familiarity with key regulations and knowledgeable about evolving regulatory landscape and latest developments in digital asset regulations and policies required
Awareness of operational, reputational and investment risk and ways these can be mitigated required
Excellent entrepreneurial outlook; self- starter
Excellent presentation/coaching skills
Excellent project management skills
Excellent planning and organization skills and high attention to detail
Ability to express complex concepts in clear language
Exceptional communication skills (emails, board papers, presentations, meetings)
Strong strategic analysis and proposition development skills
Ability to multi-task and lead complex change projects
Ability to build relationships, advocate for digital assets project/resources and influence stakeholders at all levels of management across business and suppliers
Ability to act in proactive and professional manner, either autonomously or as part of broader team

Responsibilities

Define long-term digital asset strategy, identifying opportunities in tokenized traditional assets, stablecoins, and other regulated digital instruments.
Develop and execute product and go-to-market strategy for Federated Hermes digital assets proposition.
Drive product development and management from ideation to launch, overseeing the entire product lifecycle, including design, development, testing, and implementation.
Contribute to the evaluation, selection, and integration of third-party distributors and potential vendors/partners/service providers.
Prepare business plans, budgets, and define KPIs to measure commercial success.
Stay ahead of global regulatory developments in digital assets and translate these into actionable plans and roadmaps.
Contribute to the development of all necessary policies, procedures, and controls to prepare for full regulatory compliance, setting best practice standards globally.
Liaise with internal and external stakeholders to ensure ongoing alignment and readiness across jurisdictions.
Collaborate with technology and operations teams to ensure secure, scalable, and resilient infrastructure is in place.
Manage strategic relationships and commercial agreements with exchanges and emerging digital asset marketplaces, ensuring optimal execution and service standards.
Act as the internal and external champion for digital assets, promoting adoption among existing and new institutional clients and partners.
Partner with Sales, Product Managers, Marketing, and Client support teams to position and promote the digital asset platform, leading the creation of sales and marketing materials.
Engage directly with institutional and platform clients to understand their evolving needs and adapt the offering accordingly.
Manage product risks by identifying, assessing, and mitigating operational, financial, reputational, and regulatory risks.
Drive thought leadership by representing the firm in industry events and contributing to thought leadership pieces.
Understand customer needs in relation to product strategy, development and management at Federated Hermes; coordinate third party research into customer insights where necessary and/or liaise with sales to obtain direct client feedback.
Coordinate relevant Federated Hermes' product initiatives related to digital assets including manufacturing, distribution and operational infrastructure via strong project and stakeholder management.