Senior Specialist, Product Management, Custody Strategy & Execution

  • BNYMellon
  • New York, IA 50238, USA
  • Jul 04, 2018

Job Description

Product Management -

·         Responsible for leadership of product management, development and strategic initiatives for core custody, with a focus on strategy, FinTech and emerging technologies, cost and pricing analysis and portfolio management. ·         Will demonstrate in-depth and comprehensive knowledge of assigned products, the marketplace and client needs to drive product growth/development and maximize profitability. Analysis of product line P&L. ·         Creates product management roadmaps and establishes evaluation criteria and success metrics. Leads pricing, promotion, distribution strategies and identification of competitive differentiators. Positions products for specific client segments, highlighting key benefits and competitive advantages. Develops ideas for new products. 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. ·         Engagement with cross-functional teams to execute on delivery of product enhancements, including new product development.  External connectivity with clients, infrastructure providers and partners. 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. Engages with Sales and relationship Management in supporting business sales. Performs technical training, demonstration and develops user guides for clients while also preparing sales materials and training BNY Mellon professionals. Ensures that risk, regulations, and market conditions are accounted for throughout the life-cycle of developed 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. Employs a client-focused, strategic approach to develop the business case for product developments through in-depth and complex analysis of client segments, the competitive landscape and industry environment. ·         No direct reports. Provides guidance to less experienced colleagues as needed. May lead others on project teams. Contributes to the achievement of area objectives and profitability of assigned


Advanced/graduate degree preferred. 7-10 years of total work experience preferred. Experience in Product Management, operations, client management preferred. MBA or CFA preferred. Product Leadership Certification preferred. Applicable local/regional licenses or certifications as required by the business.

Experience in financial services Product Management preferred.  Additional experience in operations, project management, technology or business analysis would be beneficial.  ·         Knowledge and interest in distributed ledger technology (blockchain) and FinTech as it relates to financial services and custody.
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark:

BNY Mellon's Asset Servicing business is dedicated to dynamically supporting our clients' investments and safeguarding their assets, keeping them working around the clock and across the world. It's part of our commitment to being a true partner for our clients' investment success. We specialize in operational solutions and capabilities for today's market-enhancing management and administration of investments with services that process, monitor and measure investment data from around the world. By leveraging BNY Mellon's global footprint and deep expertise, we deliver insight-driven solutions for every phase of investing.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.

Primary Location: United States-New York-New York
Internal Jobcode: 70237
Job: Asset Servicing
Organization: ASSET SERVICING EMEA-HR06400
Requisition Number: 1808494