Senior Wealth Brokerage Product Manager-NYC, NY

TD • New York, NY

3d • Onsite

About The Position

The Senior Product Manager, US Wealth oversees the end-to-end management of assigned products, services and programs including features, benefits and characteristics that meet customer needs and are priced to meet the firms profit and loss objectives. The Product Manager manages a particular product or function supporting in the achievement of a business strategy. This role acts as a source for innovation led through customer insights and creating a better customer experience with a particular product. The role is accountable for business results and product sales, working with distribution teams to ensure revenue and volume targets are met. It is expected to support the development and execution for both strategic and tactical initiatives related to the ongoing development and support of the Transactional Investment platform and solutions. This role requires subject matter expertise in full-service brokerage offering with depth in Structured Products, fixed income, equity, and options markets, including trading pricing. The role is responsible for day-to-day management of Transactional Investment and establishing and updating trading rules and parameters. The Senior Product Manager will oversee and be responsible for the risk and quality management of TD's transactional platform(s) and solutions.

Requirements

• Undergraduate degree or product management certificate, and/or 7+ years relevant experience.
• Previous Product experience typically required.
• Advanced knowledge of and ability to conduct product research, product analysis and development, forecasting, pricing, competitive intelligence.
• Knowledge of current and emerging competitor and market trends.
• Ability to lead, plan, implement and evaluate program/project activities to ensure completion of product initiatives.
• Ability to forecast and contribute to strategic direction of the product management function and provide advice to senior leadership.
• Ability to communicate effectively in both oral and written form.
• Ability to work collaboratively and build relationships across teams and functions.
• Ability to work successfully as a member of a team and independently.
• Ability to exercise sound judgement in making decisions.
• Ability to analyze, organize and prioritize work while meeting multiple deadlines.
• Skill in preparing and managing budgets and P&L.
• Knowledge of and/or skill in using analytical software tools, data analysis methods and reporting techniques.
• Skill in using computer applications including MS Office.
• Ability to handle confidential information with discretion.
• Must be eligible for employment under standards established by FINRA.
• Satisfactory results on a criminal background check, credit report check, civil litigation search, and regulatory agency or self-regulatory organization enforcement action search, and statements/certification from job applicant regarding administrative, civil, and/or criminal findings by any government agency/authority or self-regulatory organization, are required by federal law for this position.

Nice To Haves

• Series 7, 63 and 65 (or 66), Life & Health or willingness to get licensed to support various product lines.

Responsibilities

• Oversee and be responsible for the risk and quality management of TD's transactional platform(s) and solutions.
• Oversee the end-to-end management of assigned products, services and programs including features, benefits and characteristics that meet customer needs and are priced to meet the firms profit and loss objectives.
• Act as a source for innovation led through customer insights and creating a better customer experience with a particular product.
• Be accountable for business results and product sales, working with distribution teams to ensure revenue and volume targets are met.
• Support the development and execution for both strategic and tactical initiatives related to the ongoing development and support of the Transactional Investment platform and solutions.
• Understand the transactional brokerage platforms and all transactional brokerage products in competitive landscape to position TD in the most competitive way within TDs risk appetite.
• Provide subject matter expertise in full-service brokerage offering with depth in Structured Products, fixed income, equity, and options markets, including trading pricing.
• Responsible for day-to-day management of Transactional Investment.
• Responsible for establishing and updating trading rules and parameters.
• Responsible for platform risk management, creating and updating policies, procedures, and product documentation as needed due to internal changes or regulatory updates and ensuring compliance with all policies and procedures.
• Support management with business analysis for all projects or enhancements.
• Liaise with vendors to coordinate platform change management and solution enhancement.
• Collaborate with cross-functional teams across disciplines such as operations, technology, design, marketing, legal, compliance, risk, and relevant departments.
• Provide subject matter expertise for internal and external audits and regulatory exams.
• Manage 3rd Party platform vendors and partners to ensure risk and quality management of platforms and offering.
• Handle daily product management and product development responsibilities to make assigned products and programs robust and easier for the Advisors to utilize.
• Provide holistic solutions that brings together the firm's product shelf to meet the needs of clients.
• Translate data into actionable insights and recommendations that can improve the products features, functionality, usability, pricing, and value proposition.
• Perform financial analysis and revenue management.
• Gather, analyze, and interpret trends with data to answer critical business and product questions.
• Recommend and drive action to improve revenue and/or expense management.
• Champion the development of the annual business plan and monthly/quarterly forecast process.
• Support and resolve sales team day to day questions and issues.
• Support training efforts on new system/solution rollout.
• Work closely with marketing teams to develop and/or refine value propositions and competitive positioning for key solutions.
• Deliver financial results for the product/product suite via operation of all available levers: pricing, margin, volume etc., create and deliver business cases to achieve strategic business results (acquisition, retention, customer experience, engagement and market share).

Benefits

• Base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan)
• Health and well-being benefits
• Savings and retirement programs
• Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
• Banking benefits and discounts
• Career development
• Reward and recognition

What This Job Offers

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