Group Product Manager, Broker Dealer

Betterment • New York, NY

4d • Onsite

About The Position

Betterment's mission is to empower people to do what's best for their money so that they can live better. As a Group Product Manager within the Broker/Dealer organization, you will own and shape the product strategy for our trading and market data systems. Together, these domains underpin the every day management of over $55 billion in client assets across three investing lines of business. Your mandate spans all three of the Broker/Dealer's core priorities:
Enable Growth - We must enable our business lines to ship new revenue-generating products that delight our customers.
Maximize Efficiency - We strive to make our software better and build automation to prevent mission-critical teams from doing repetitive, manual workflows.
Minimize Risk - Our clients have trusted us with their savings, and the durability of our systems need to reflect that responsibility.
You’ll be responsible for setting the long-term vision for how Betterment builds and scales its back-end investing platforms to empower our clients to make the most of their money. This includes owning the strategic direction of core systems including Trade Execution, Portfolio Management, Security Master, and our broader Market Data infrastructure. In this player/coach role, you will manage and closely partner with PMs embedded in these domains and others across the organization. You’ll bring technical expertise in securities management and trading functions, strong judgment under ambiguity, and the communication skills to navigate both deep engineering conversations and executive-level strategic discussions.
This role is based out of our NYC office. For jobs based out of our NYC HQ, we require in office attendance Monday through Thursday, weekly. Below we've reflected the base salary range we would offer for this position. Actual salaries may vary depending on factors including but not limited to location, experience, and performance. The range listed is just one component of Betterment’s total compensation package for employees.

Requirements

• Product management experience at a financial services or financial technology company with a focus on back-end systems and applications
• Deep expertise in and passion for financial concepts such as portfolio management, order routing, trade execution workflows, FIX protocol, and securities data management
• Strong storytelling skills to distill advanced Broker/Dealer concepts into accessible information for partner organizations, stakeholders, and executives alike
• Technical fluency: able to engage meaningfully with engineers on systems design, data modeling, and architectural tradeoffs
• Experience managing or mentoring other PMs, with a track record of growing product talent and maintaining strategic coherence across a multi-team domain
• Creative problem-solving skills to deliver innovative functionality within regulatory and technical constraints.
• A self-starter with proven success in launching products in collaboration with a broad set of stakeholders

Responsibilities

• Oversee product teams responsible for our trading and market data functions, fundamental to our role as a trusted wealth manager for clients
• Deeply understand our target clients and serve as their advocate when making back-end decisions that impact the front-end experience
• Define the multi-year vision for how our platform should evolve to meet growing business needs and architectural goals, including new asset class support, real-time data expansion, and added security classification models
• Partner with engineering leadership and stakeholders to balance roadmap priorities across all three lines of business: retail clients, advised clients, and 401(k) participants
• Manage PM(s) embedded in the trading and market data domains, providing strategic direction, development feedback, and organizational context to help them succeed
• Support engineering teams during standups, planning meetings, and retros
• Develop success metrics for your product area, create tracking plans, and clearly communicate how prioritized work impacts those metrics.
• Collaborate with numerous partners, such as Capital Markets, Custody, Investing, Operations, and Legal & Compliance, to navigate complex client situations and stay ahead of regulatory obligations

Benefits

• We offer a competitive equity package, health, dental and vision benefits, life and AD&D, short-term and long-term disability insurance, EAP, commuter and parking benefits FSA/HSA, and 401(k) with employer match as well as a flexible PTO policy.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed
• Number of Employees: 251-500 employees