Product Lead - Private Funds
About The Position
U.S. Bank’s Chief Product Office is seeking a Product Lead focused on private markets products and solutions within the Wealth, Corporate, Commercial and Institutional Banking (WCIB) division. The role is responsible for the strategy, development, enhancement, and ongoing management of U.S. Bank’s global private markets and private funds offering. It partners with Investment Services Product Leaders, Global Fund Services stakeholders, technology, operations, risk, and business teams to drive growth, improve client outcomes, and keep the offering competitive and responsive to market demands. The Product Lead evaluates market opportunities, competitor offerings, client needs, regulatory developments, and vendor capabilities to identify and prioritize enhancements and new product opportunities. The role also supports commercialization through marketing materials, thought leadership, and client-facing presentations, and represents the product in client meetings, due diligence sessions, sales engagements, and industry forums. Some domestic and international travel may be required.
Requirements
- Product management experience.
- Ability to evaluate market trends, competitor offerings, and regulatory developments to inform product strategy and roadmap decisions.
- Strong executive communication and client-facing presentation skills, including participation in due diligence meetings and industry events.
- Expertise in critical interdependencies among product model system elements and the ability to design solutions that synchronize resources and achieve business results using metrics, KPIs, design systems, service blueprints, and reusability.
- Ability to anticipate shifting market priorities and internal and external customer needs.
- Strong customer centricity and ability to implement strategies that support positive customer experiences across product and service touchpoints.
- Knowledge of technical aspects of software products and ability to design, configure, and integrate them.
- Knowledge of Agile ways of working and risk management processes, tools, and techniques.
- Some domestic and international travel may be required.
Nice To Haves
- Experience with private markets, alternative investments, private funds, fund administration, custody, asset servicing, or institutional investment products.
- Knowledge of the WCIB industry and investment services ecosystem.
- Experience supporting product commercialization through client-facing presentations, sales enablement materials, thought leadership content, and due diligence engagements.
- Skills in product P&L, product strategy, vision and planning, product discovery and development, channel alignment and management, adoption, customer experience research and execution, Agile ways of working, go-to-market and sales channels, performance measurement and optimization, marketing and analytics, and customer centricity.
Responsibilities
- Develop, manage, and execute the product vision, strategy, and roadmap for the private markets product portfolio.
- Lead product governance processes and facilitate product councils to support prioritization and decision-making.
- Monitor competitive, regulatory, and industry trends to identify market opportunities and product gaps.
- Conduct market and vendor research, develop business cases, and advocate for strategic investments supporting client and business growth.
- Define measurable product outcomes and align priorities with business objectives and key results.
- Lead the end-to-end product lifecycle for enhancements and new product initiatives.
- Partner with technology, operations, risk, legal, and business stakeholders to deliver roadmap priorities.
- Coordinate and prioritize product requests consistent with WCIB and Global Fund Services strategies.
- Develop funding proposals and capital expenditure requests where appropriate.
- Drive product discovery, design, development, testing, and implementation through Agile ways of working.
- Partner with business development and marketing teams to create and maintain product collateral, sales tools, client presentations, articles, white papers, sell sheets, and thought leadership content.
- Represent the product during client meetings, due diligence sessions, and sales engagements.
- Participate in industry conferences, client events, and market forums to gather intelligence and strengthen U.S. Bank’s market position.
- Serve as a subject matter expert on private markets trends, client needs, and industry developments.
- Identify, analyze, and interpret business data to meet business needs and requirements.
- Connect customer experience, digital, technology, and business line strategy to identify and prioritize product and portfolio opportunities.
- Create product outcomes and OKRs, prioritize features and epics, and break work into actionable steps for product discovery, design, development, and delivery.
- Manage the end-to-end product lifecycle and roadmap, including technical features, debt reduction, and modernization where applicable.
Benefits
- Healthcare coverage, including medical, dental, and vision.
- Basic and optional term life insurance.
- Short-term and long-term disability coverage.
- Pregnancy disability and parental leave.
- 401(k) and employer-funded retirement plan.
- Paid vacation of two to five weeks depending on salary grade and tenure.
- Up to 11 paid holiday opportunities.
- Adoption assistance.
- Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
- Incentive and recognition programs.
- Equity stock purchase.
- Pension.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
