Product Manager

DTCC • Jersey City, NJ

15h • Hybrid

About The Position

The Executive Director, Product Management for Equity Clearing & Settlement is a senior strategic leader responsible for defining and driving the multiyear product vision, market strategy, and competitive positioning for DTCC’s equity post trade capabilities. In this role, you will shape the future of equity clearing and settlement by identifying emerging market opportunities, developing forward looking roadmaps, and leading cross functional teams to bring innovative and resilient post trade solutions to market. You will serve as a thought leader across the industry, partnering closely with market participants, regulators, and internal stakeholders to ensure DTCC remains the trusted backbone of the U.S. equity markets. This is a highly visible role within the Product organization, requiring exceptional strategic thinking, influence, and execution discipline.

The U.S. equity marketplace is undergoing significant modernization—from T+1 settlement to new clearing models, digital asset evolution, and increasing demands for transparency and efficiency. This role ensures DTCC stays at the forefront of that transformation by setting the strategic direction for the products that underpin the safety, soundness, and efficiency of the equity markets.

Requirements

• 12–15+ years of corporate strategy or product management experience with increasing scope and complexity, ideally within equity post trade, clearing, or market infrastructure domains‑.
• Demonstrated success defining product strategy and delivering complex, multi‑stakeholder technology products in financial markets.
• Deep understanding of U.S. equity market structure, clearing/settlement mechanics, corporate actions, risk frameworks, and regulatory landscape.
• Proven experience developing roadmaps, translating strategy into requirements, and guiding cross functional engineering and design teams.‑
• Executive presence and ability to influence horizontally and vertically across business, risk, technology, legal, and client organizations. 
• Strong analytical, communication, financial modeling, and strategic storytelling capabilities.

Nice To Haves

• Preferred background in management consulting or investment banking for financial services.

Responsibilities

• Shape the multi‑year product strategy for equity clearing & settlement, ensuring alignment with industry modernization, market structure evolution, and regulatory change.  
• Drive innovation across the equity value chain, exploring new models, technology opportunities, client needs, and risk reduction mechanisms that enhance market safety and efficiency. 
• Advance DTCC’s leadership position in the global post trade ecosystem by guiding initiatives that modernize, simplify, and futureproof critical market infrastructure.‑‑proof critical market infrastructure.
• Define, articulate, and continuously refine a multi‑year vision and strategy for equity clearing, netting, settlement, and lifecycle processing. 
• Evaluate market structure trends, regulatory developments, competitive dynamics, and client sentiment to shape strategic direction.
• Develop business cases, P&L models, pricing strategy, and long-term value frameworks for new capabilities and enhancements.
• Gathering insights from broker-dealers, clearing members, custodians, digital native firms, and other market participants to inform business strategy and product roadmaps.‑native firms, and other market participants.
• Facilitate engagement with clients to discover, validate product market fit.
• Represent DTCC externally at conferences, industry associations, and regulatory forums to gather insights and influence industry direction. 
• Maintain a clear, sequenced roadmap that spans concept development, MVP, pilot, and commercialization stages.
• Translate strategy into actionable business and functional requirements for engineering, design, operations, and risk.
• Lead backlog prioritization, release planning, and cross functional execution with engineering and design teams. Functional execution with engineering and design teams. 
• Establish a clear, sequenced, supported roadmap that spans concept development, MVP, pilot, and commercialization stages for longer term strategic initiatives.
• Create and communicate data driven business cases across the organization to build support and awareness.
• Collaborate with internal divisional partners to translate strategy into actionable business and functional requirements for engineering, design, operations, and risk. Remain accountable for execution by partnering across the division for prioritization and rollout.
• Build and sustain partnerships across market infrastructures, exchanges, CCPs, and technology firms.
• Engage in pilot programs and cross industry working groups to shape standards and advance market modernization. industry working groups to shape standards and advance market modernization. Industry working groups to shape standards and advance market modernization. 
• Directly and indirectly, lead and grow a team of product managers, fostering a culture of innovation, analytical rigor, and client centricity.
• Promote inclusive leadership principles across teams and stakeholders. 

Benefits

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed