Senior Wealth Brokerage Product Manager-NYC, NY

TD•New York, NY

1d•$124,280 - $186,160•Onsite

About The Position

The Senior Product Manager, US Wealth oversees the end-to-end management of assigned products, services, and programs, including their features, benefits, and characteristics, to meet customer needs and the firm’s profit-and-loss objectives. The role manages products or functions that support business strategy, promotes innovation informed by customer insights, and is accountable for business results and product sales. It works with distribution teams to meet revenue and volume targets and supports strategic and tactical initiatives for the ongoing development and support of the Transactional Investment platform and solutions. The role focuses on a full-service brokerage offering, including Fixed Income, Structured Products, ETFs, Equity, and Options. It provides subject matter expertise in the brokerage platform and products, including trading and pricing, and oversees platform risk and quality management within TD’s risk appetite. The Product Manager handles day-to-day product management and development, establishes and updates trading rules and parameters, and partners with internal teams and third-party vendors to enhance and manage the platform.

Requirements

Undergraduate degree or product management certificate, and/or 7+ years of relevant experience.
Previous product experience is typically required.
Advanced knowledge of and ability to conduct product research, product analysis and development, forecasting, pricing, and competitive intelligence.
Knowledge of current and emerging competitor and market trends.
Ability to lead, plan, implement, and evaluate program or project activities to complete product initiatives.
Ability to forecast, contribute to the strategic direction of product management, and advise senior leadership.
Effective oral and written communication skills.
Ability to collaborate and build relationships across teams and functions, and to work both independently and as part of a team.
Sound judgment and ability to analyze, organize, and prioritize work while meeting multiple deadlines.
Skill in preparing and managing budgets and P&L.
Knowledge of or skill in 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 FINRA standards and satisfy applicable FINRA investigation and verification requirements.
Satisfactory criminal background, credit report, civil litigation, and regulatory or self-regulatory organization enforcement-action checks are required, along with required applicant statements or certifications.

Nice To Haves

Series 7, 63, and 65 (or 66) and Life & Health licenses; alternatively, willingness to obtain licenses to support various product lines.

Responsibilities

Manage assigned products, services, programs, and the Transactional Investment platform, including their day-to-day development and support.
Establish and update trading rules and parameters.
Manage platform risks and quality, and create or update policies, procedures, and product documentation in response to internal changes or regulatory updates.
Support business analysis for projects and enhancements, and coordinate platform change management and solution enhancements with vendors.
Manage third-party platform vendors and partners to ensure platform and offering risk and quality management.
Collaborate with operations, technology, design, marketing, legal, compliance, risk, and other relevant teams.
Provide subject matter expertise for internal and external audits and regulatory examinations.
Develop robust products and programs that are easier for advisors to use, and provide holistic solutions that bring together the firm's product shelf to meet client needs.
Translate data and trends into actionable insights and recommendations to improve product features, functionality, usability, pricing, and value proposition.
Conduct financial analysis and revenue management; recommend and drive actions to improve revenue or expense management.
Champion development of the annual business plan and monthly or quarterly forecast process.
Support sales teams with day-to-day questions and issues and assist with training for new system or solution rollouts.
Work with marketing teams to develop or refine value propositions and competitive positioning.
Deliver product or product-suite financial results using pricing, margin, volume, and other available levers, and create business cases to achieve strategic outcomes.