Group Product Manager, Broker Dealer

Betterment•New York City, NY

3d•$187,000 - $214,000•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.

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