Senior Director of Product, Wealth Management

Northwestern Mutual • Milwaukee, WI

18h • Hybrid

About The Position

At Northwestern Mutual, we are managing over $425 billion in client wealth assets and delivering integrated wealth management solutions to millions of households nationwide. With a 165-year legacy and the urgency of a company investing boldly in its future, we are executing an ambitious multi-year transformation in our Field and Wealth area — reimagining the advisor and large teams experience, modernizing our technology platform, and building next-generation Data and AI capabilities spanning across client onboarding, financial planning, Investment management and advisor enablement. As we accelerate our investment in Wealth Tech, we are seeking an exceptional Senior Director of Product to lead a dynamic team of product managers to lead and drive the implementation of modern wealth tech stack. The director will possess and apply their wealth business domain expertise while working in close partnership with wealth business leaders to co-develop innovative technology strategies and ensure technology initiatives closely align with business goals. Collaboration across engineering, design, servicing, Investment management, Field and other Enterprise partners is essential to drive product development and deliver impactful solutions.

Requirements

• Bachelor's degree in Computer Science or an equivalent technical, business or financial field.
• 15+ years of working as a product manager on technology-powered product teams.
• Working knowledge of modern techniques in product discovery and delivery.
• Domain experience with Investment and Wealth management.
• Excellent written and oral communication skills, including experience in high-level business discussions and deep technical discussions.
• 5+ years of formal people management experience managing other product managers.
• Ability to work in a matrix organization.

Nice To Haves

• Master’s in Business Administration (MBA) or CFA, preferred.

Responsibilities

• Collaborates, communicates and influences business partners, direct reports, stakeholders, and other enterprise functions based on understanding of the wealth domain and organizational needs.
• Builds trust with business partners, direct reports, stakeholders, and other enterprise functions and brings positive impact to the overall outcome of the organization.
• Translates business strategy into actionable technology capabilities, objectives, and measurable results by partnering with business, engineering, design, servicing, field and enterprise teams and applying wealth domain expertise.
• Develops a long-term (2-5 years) technology roadmap for Wealth business solutions, fosters a culture of domain expertise, and enables strategic business objectives.
• Provides direction that illustrate the epics and features that will be delivered across a portfolio of products or platform and how it integrates with other cross functional team efforts.
• Creates the future by fostering an engaging environment and encourages accountability and development.
• Breaks down barriers so individuals and teams can be accountable and responsible to do their best.
• Holds self and their direct reports accountable for measurable, high-quality, timely, and cost-effective results, delivery, and execution.
• Determines team objectives, sets priorities, delegates work to direct reports, and accepts responsibility for mistakes.
• Applies knowledge of both general and organization-specific business issues/financial implications for the organization to problem solve.
• Utilizes data and insights to identify and monitor enterprise dependencies and guides the development and execution of sophisticated product strategies by applying risk management methodologies for optimal results.
• Partners with key functions to set technology objectives and key results aligned to the business strategy for the Wealth product portfolio.
• Aligns other functions like engineering, design, field, finance, service and enterprise around a common set of measurable goals.
• Identifies and prioritizes technology capabilities and drives the development and implementation of advanced product solutions or platforms for the field and home office customers.
• Fosters an engaging environment, encourages accountability and growth, and removes obstacles to maximize team performance.
• Identifies necessary skills, builds or adjusts teams to fit those needs, and sets long-term goals for both the product portfolio and individual team members.
• Collaborates with employees and stakeholders, nurtures talent, and proactively addresses skill gaps to maximize business value outcomes.
• Turns challenges into growth opportunities, resolves conflicts, and inspires high-performing teams through expertise, energy, and empathy.
• Builds and models a culture of data-driven decision-making that influences business, engineering and other stakeholders to model this behavior.
• Partners with business stakeholders to balance priorities aligned to business strategies, track progress against key metrics and results, and support teams as they achieve ambitious goals.
• Accountable for their team's product requirements including the ability to evaluate what good requirements look like, teach best practices, and use requirements effectively to build outstanding products.
• Identifies and validates problems and/or opportunities for multiple user groups/scenarios across the organization.
• Aligns stakeholders and documents high-level business requirements for various user groups, builds alliances and helps build and maintain vendor relationships and relevant processes from a technology perspective.
• Collaborates cross functionally with business partners and executives in engineering, design, field and enterprise departments to allow for the smooth and efficient flow of product activities.
• Aligns employees’ passion to business value outcomes, grows talent and proactively solves for talent gaps.
• Identifies & recruits internal and/or external industry resources to address those needs.
• Drives high performing teams and can lead with expertise, energy and empathy.
• Turns challenging teams, interpersonal conflicts, and cross-departmental political initiatives into opportunities.
• Pinpoints root causes of disagreement to resolve conflict.
• Accountable for helping teams track progress against key results and help balance priorities with strategic initiatives or the introduction of new products, strategies and capabilities.

Benefits

• Compensation Range: Pay Range - Start: $176,000.00 Pay Range - End: $264,000.00
• Geographic Specific Pay Structure: Structure 110: $193,600.00 USD - $290,400.00 USD
• Structure 115: $202,400.00 USD - $303,600.00 USD
• Grow your career with a best-in-class company that puts our clients' interests at the center of all we do.
• Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce.
• We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior