Senior Vice President, POM Product Management

BNY Mellon

$180K — $220K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business or technical-related discipline; advanced degree preferred.
  • 10-12 years of experience in product ownership or management specifically in payments or related financial services.
  • Deep understanding of product economics, risk, compliance, and market conditions.
  • Expertise in analyzing complex client requirements to develop comprehensive solutions.
  • Strong capability to manage relationships across multiple functional teams.

Responsibilities

  • Lead product management and strategy for large, high-potential products.
  • Develop innovative product ideas while managing lifecycle considerations.
  • Analyze client needs and create solutions that may integrate multiple products.
  • Ensure profitability through operational and marketing analyses.
  • Drive product growth by leveraging market insights and client needs.

Benefits

  • Generous paid leave, including volunteer time off.
  • Access to wellness and resilience resources.
  • Flexible global resources for personal and professional growth.
  • Eligibility for a 401(k) plan and medical, dental, vision, and life insurance benefits.
  • Emphasis on a pay-for-performance culture, with competitive compensation packages.
Full Job Description
Job Description

We're seeking a future team member for the role of Senior Vice President, Product Manager to join our Global Payments & Trade team. This role is located in New York, NY.

In this role, you'll make an impact in the following ways:
  • Leads product management, development and strategy for large and/or complex 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.
  • Develops ideas for new products. Ensures that risk, regulations, and market conditions are accounted for throughout the life-cycle of developed products.
  • Analyses complex client requirements and develops solutions that may include more than one product.
  • Must understand the economics behind products and demonstrate business acumen.
  • 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.
  • Accountable for maximizing the value of the product resulting from the work of the pod.
  • Owns end-to-end of delivery on the pod's outcomes and ensures execution of the pod's roadmap towards objectives by supporting and coaching the pod's team to ensure they have a thorough understanding of the backlog and priorities.
  • 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.
  • Employs a client-focused, strategic approach to develop the business case for firm offerings in the marketplace through in-depth and complex analyses on client segments, competitive landscape and industry environment.
  • Demonstrates in-depth and comprehensive knowledge of assigned products, the marketplace and client needs to drive product growth/development and maximize profitability.
  • Creates product management roadmaps and establishes evaluation criteria and success metrics. Leads pricing, promotion, distribution strategies and competitive differentiators.
  • Positions products for specific client segments, highlighting key benefits and competitive advantages.
  • Engages with Sales and relationship Management in supporting business sales.

To be successful in this role, we're seeking the following:
  • Bachelor's degree in business or technical-related discipline, or equivalent work experience required, advanced degree preferred.
  • 10-12 years of experience in providing payment, banking as a service, or embedded payment solutions product ownership or product management required, experience in the securities or financial services industry is a plus.


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 assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.

Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

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