VP, Product Management (Tactical)

ProShares • New York, NY

128d • $175,000 - $200,000 • Hybrid

About The Position

We are hiring a Product Manager who will support our leveraged and inverse (geared), crypto, commodity, and volatility fund lineup, that includes both ETFs, Mutual Funds and VA offerings covering the '40 Act and the '33 Act structures'. The position can be based in Bethesda, MD or New York, NY and will be part of a broader Product Management team supporting the business. The ideal candidate is a thoughtful problem solver who brings experience with sophisticated financial products and a strong understanding of the asset management space.

Requirements

• 7+ years of relevant work experience in the investment management industry, with experience in product management or a related role.
• Experience with '40 Act and 33' Act' products, including ETFs and mutual funds.
• Experience in fund product management, including exposure to product development, product launches and product life cycle management.
• Project management skills, including the ability to manage complex business processes through influence.
• Proven track record of commercial success, including the ability to bring a business mindset to complex issues.
• Experience in consulting related to the asset management industry dealing with strategy, corporate development, new product development, sales/distribution efforts.

Nice To Haves

• Possession of a blend of quantitative and interpersonal skills.
• Strong conceptual, cognitive, and analytical skills, exemplified through an outstanding academic background with an advanced degree in finance or business.
• Self-starter with a team-orientation, combined with a proven ability to manage projects across cross-functional teams under demanding deadlines.
• Results-orientation with attention to detail.
• Proficiency in multiple investment or market data applications (e.g. FactSet, Morningstar, Zephyr, Bloomberg, Callan PEP, Pertrac, etc.).

Responsibilities

• Act as the 'hub' for informing and implementing product strategy, including positioning, branding, pricing and efficient distribution support.
• Analyze market conditions and identify competitive gaps/opportunities to maximize commercial success.
• Oversee and guide the complete lifecycle of fund products through collaboration and partnership across internal departments and external partners.
• Own strategic product messaging and positioning, including product features, client benefits, investment merit, and competitive differentiation.
• Build the business case for product initiatives and campaigns with clear and concise business rationale and data.
• Drive the execution of cross-functional product initiatives such as go-to-market campaigns, index changes, share price splits, product launches, etc.
• Create and manage regular processes for monitoring product performance and quality metrics.
• Create an integrated view of product and competitive opportunities based on analyses of fund flows and performance.
• Stay abreast of competitive product information specific to both competitors and sponsor programs.
• Identify significant product launch, development, or repositioning initiatives and present actionable business plan opportunities.
• Monitor fund data and recommend rationalization as needed.
• Evaluate the relevance of the existing product set, focusing on positioning, pricing, and efficient support of distribution.

Benefits

• Competitive pay and discretionary bonus
• Paid time off
• Health care benefits (medical, dental & vision)
• Additional insurance includes basic life, accidental death and dismemberment, supplemental life, disability and legal benefit
• 401(k) retirement plan with matching contribution
• Spending Accounts (Health Care, Dependent Care, and Transportation)
• Wellness Programs (fitness reimbursement, Employee Assistance Program)
• Education assistance
• Hybrid work schedule
• Additional Programs include peer recognition, corporate matching gift

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Master's degree
• Number of Employees: 51-100 employees