Job Location : New York,NY, USA
JobID: 210562019
Category: Product Management
JobSchedule: Full time
Posted Date: 2024-11-07T19:25:53+00:00
JobShift: Day
Base Pay/Salary: New York,NY $122,550.00-$201,000.00
The Complex Assets Product team is responsible for end-to-end processing of Complex Assets such as derivatives and bank loans. This includes: trade capture, confirmation management, lifecycle management, independent valuations, bilateral settlement management, reconciliations and collateral management. It is not a standalone product, rather this specialist team supports Middle Office, Collateral Management and Fund Accounting businesses to deliver our clients an integrated and efficient operating model.
As a Complex Assets Product Manager within the Security Services group, you will be reporting to the Global Head of Complex Assets Product, serving as the WHEM regional lead. Your responsibilities will encompass a wide range of product management tasks, including but not limited to, providing sales/RFI/RFP support, defining and presenting the product offering to clients, and collaborating with internal stakeholders. Leveraging your in-depth knowledge of Complex Assets processing across Middle Office, Collateral Management, and Fund Accounting, you are expected to be a subject matter expert, proactively promoting operational standards and identifying opportunities to enhance client experience and close product gaps. This role offers a unique opportunity to work in a cross-asset, cross-business environment.
Job responsibilities
* Partner with Global head and other Product Executives to develop Complex Assets product definitions & strategy
* Present product offering to clients alongside Fund Accounting, Middle Office and Collateral Management
* Serve as primary product liaison in region, responsible for partnering with internal stakeholders across product management, product development, operations, client services and sales
* Develop and manage sales literature and design client service education programs to ensure sales person/client service competency in Complex Assets product offering
* Support RFI/RFP participation and responses
* Manage Deal Pricing, contract review, and profitability summaries for RFPs and Organic Growth
* Design appropriate oversight of applicable regulations and incorporate regulatory change into product offerings / solutions
* Drive strategic initiatives to improve cross-product operating models
Required qualifications, capabilities, and skills
* 5+ years of experience or equivalent expertise in product management
* Securities industry experience required
* Strong knowledge of Derivatives including OTCs, CFDs, FX, ETDs. Other complex assets is an advantage
* Client facing experience is required
* Excellent communication skills with the ability to present information, both oral and written, in a concise and informative manner
* Strong interpersonal skills including organization influencing and negotiation skills with the ability to develop and maintain collaborative relationships both internally and with external clients
* Demonstrated prior experience working in a highly matrixed, complex organization
* Proven ability to lead product life cycle activities including discovery, ideation, strategic development and requirements definition
* Strong prioritization skills and an ability to deliver under pressure
* Understanding of cost and pricing methodologies for the purpose of evaluating new business
* Professional and proactive approach to work, problem solver, politely impatient, persistent individual
Preferred qualifications, capabilities, and skills
* Middle office or back office operations of an asset manager or financial services firm preferred; Strong technical understanding of the investment company industry