Alternatives / Private Markets and Wealth Channel Product Manager, VP

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000 employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.    

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We’re seeking a Product Manager to join a newly created team and work on an end-to-end digital solution for alternative investments and the wealth channel. This role will collaborate with other product managers and designers on our product team, and with engineers throughout the software development process. Your leadership and vision will drive design and requirements, and refine our innovative solutions within a fast-paced environment. This role is located in New York City, NY – ONSITE/HYBRID/REMOTE.

What we do: Growth Ventures is the Bank’s division for managing and building data and software-led businesses, including our market-leading data and analytics business with nearly $50 trillion in financial assets under data management. Growth Ventures, building on this foundation and in partnership with other businesses including Investment Management, Asset Servicing, and Pershing, is bringing to market a new software-led, API-first solution for the alternative investment and wealth management ecosystems. The new business will leverage, connect and enhance existing strengths while also developing market-first solutions that provide a one-of-a-kind experience for partners and clients. The market being targeted is measured in trillions of dollars with revenue pools in billions, yet it is generally considered a nascent space on the precipice of growth. And while we are building from a robust foundation and position of strength, this is very much an entrepreneurial opportunity to innovate and create new products, new solutions, and a new business.

In this role, you’ll make an impact in the following ways: 

• Develop and execute a product strategy and roadmap that aligns with business objectives, prioritizes initiatives, goal-setting, and creates the evaluation criteria to ensure successful delivery
• Focus on delivery as our number one priority while bringing customer-centricity and end-user empathy to every problem being solved
• Organize and coordinate teams to implement functionality in small iterations
• Write unambiguous user stories for development teams and create artifacts for stakeholders, documenting requirements, risks and decisions along the way
• Define and prioritize the backlog, connect it to the roadmap and ensure that the product provides value to users and stakeholders.
• Possess a high-level of attention to detail
• Ensure end-to-end completion of features, from the backend systems to the user interface, enabling iterative testing and feedback
• Identify and document stakeholder expectations across different functions, including Tech orgs, Asset Servicing, Fund Accounting, Custody, Investment Management, Compliance, and end-users
• Ensure participation from all impacted teams, fostering a collaborative environment where information and challenges can be shared openly

To be successful in this role, we’re seeking the following: 

• Agile development and scrum experience required
• 5-10 years relevant experience required
• Alternative investments experience required
• API experience preferred
• Experience with operational processes for private market real-estate, PE, or Private Credit funds and the compliance and regulatory frameworks for private market funds preferred
• Experience with the legal and regulatory requirements for private market investments preferred
• Experience with the fund administration, fund accounting, or transfer agency businesses that service real-estate, PE, or Private Credit funds preferred
• Start-up work experience preferred
• Bachelor’s degree or the equivalent combination of education and experience is required
• Managing large-scale integration projects with multiple workstreams and senior stakeholders
• Being entrepreneurial and self-directed – operating as an owner
• Being ambitious and driven to deliver market-changing innovations in an accelerated timeline
• Being growth-oriented yet pragmatic; able to balance a compelling vision with execution
• Being a creative problem solver with grit – consistently finding ways to overcome limitations
• Being detail oriented – understanding the nuances that can impact overall outcomes
• Being goal oriented – with a clear and persistent vision and a tireless drive to over-deliver
• Being a thoughtful communicator who can express complex ideas in simple, practical terms
• Experience in Agile methodologies, either Sprint or Kanban
• Experience in alternative investing, wealth management, and/or financial technology start-ups
• Experience using Office, JIRA, Confluence, Figma, user-analytics, and customer feedback tools
• Technical background or familiarity working with engineers towards building products

At BNY, our culture speaks for itself. Here’s a few of our awards: 

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
• “Most Just Companies”, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg’s Gender Equality Index (GEI), 2023

Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. 

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $130,000 and $160,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNYM total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs. This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

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

Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Salary : $130,000 - $160,000