Senior Vice President, POM Product Management

BNY MellonNew York, NY
Onsite

About The Position

We’re seeking a future team member for the role of Senior Vice President, Product Manager to join our Global Payments & Trade team. This role is located in New York, NY. In this role, you’ll make an impact in the following ways: Leads product management, development and strategy for large and/or complex products. Usually assigned to product areas with high-growth potential and has fully developed core expertise on industry trends, market segments and competitor services/offerings. Develops ideas for new products. Ensures that risk, regulations, and market conditions are accounted for throughout the life-cycle of developed products. Analyses complex client requirements and develops solutions that may include more than one product. Must understand the economics behind products and demonstrate business acumen. Independently manages the development, enhancement, and profitability of assigned products and performs both operational and marketing analysis to ensure profitability and penetration goals are met. Accountable for maximizing the value of the product resulting from the work of the pod. Owns end-to-end of delivery on the pod’s outcomes and ensures execution of the pod’s roadmap towards objectives by supporting and coaching the pod’s team to ensure they have a thorough understanding of the backlog and priorities. Manages relationship with Operations, Technology, Risk, Compliance, Legal, etc. to ensure different requirements are met during the new product development, enhancement, delivery, strategy, and planning processes. Employs a client-focused, strategic approach to develop the business case for firm offerings in the marketplace through in-depth and complex analyses on client segments, competitive landscape and industry environment. Demonstrates in-depth and comprehensive knowledge of assigned products, the marketplace and client needs to drive product growth/development and maximize profitability. Creates product management roadmaps and establishes evaluation criteria and success metrics. Leads pricing, promotion, distribution strategies and competitive differentiators. Positions products for specific client segments, highlighting key benefits and competitive advantages. Engages with Sales and relationship Management in supporting business sales.

Requirements

  • Bachelor's degree in business or technical-related discipline, or equivalent work experience required
  • 10-12 years of experience in providing payment, banking as a service, or embedded payment solutions product ownership or product management required

Nice To Haves

  • advanced degree preferred
  • experience in the securities or financial services industry is a plus

Responsibilities

  • Leads product management, development and strategy for large and/or complex products
  • Develops ideas for new products
  • Ensures that risk, regulations, and market conditions are accounted for throughout the life-cycle of developed products
  • Analyses complex client requirements and develops solutions that may include more than one product
  • Independently manages the development, enhancement, and profitability of assigned products and performs both operational and marketing analysis to ensure profitability and penetration goals are met
  • Accountable for maximizing the value of the product resulting from the work of the pod
  • Owns end-to-end of delivery on the pod’s outcomes and ensures execution of the pod’s roadmap towards objectives by supporting and coaching the pod’s team to ensure they have a thorough understanding of the backlog and priorities
  • Manages relationship with Operations, Technology, Risk, Compliance, Legal, etc. to ensure different requirements are met during the new product development, enhancement, delivery, strategy, and planning processes
  • Employs a client-focused, strategic approach to develop the business case for firm offerings in the marketplace through in-depth and complex analyses on client segments, competitive landscape and industry environment
  • Demonstrates in-depth and comprehensive knowledge of assigned products, the marketplace and client needs to drive product growth/development and maximize profitability
  • Creates product management roadmaps and establishes evaluation criteria and success metrics
  • Leads pricing, promotion, distribution strategies and competitive differentiators
  • Positions products for specific client segments, highlighting key benefits and competitive advantages
  • Engages with Sales and relationship Management in supporting business sales
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