Alternatives / Private Markets and Wealth Channel Product Mgt Sr. Associate

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.

• In Securities Services, we power and connect our clients to a robust investment ecosystem that supports their business at every stage. A fifth of all global assets flow through our platform, and while we are most known for our more than $40 trillion in assets under custody and administration, we also have more than $40 trillion of assets on our Data & Analytics platform


• In Wealth and Market Infrastructure, we are the backbone of our clients' capital markets and payments capabilities, playing a core role in collateral management, markets, and treasury services and our Pershing business is the leading wealth technology provider. With $3.6 trillion in average tri-party collateral management balances, $2 trillion of global payments moved daily, and more than $2 trillion in Pershing global client assets, we deliver the critical platforms and services for institutional and corporate ecosystems to operate and thrive


• In Investment and Wealth Management, we are a leading provider with $2.1 trillion in assets under management. Through an investor-first approach, the firm delivers specialist expertise from seven world-class investment firms that cover all major asset classes and provides differentiated capabilities in wealth advice across investments, banking, custody, and wealth and estate planning.

We bring together these broad solutions and deep expertise to bolster our clients' success. We are reimagining financial ecosystems and placing data and open platforms at the heart of the transformation. In addition, BNY is a strategic partner to a variety of financial technology companies globally and a convener of influential industry and market structure forums. Join us as we define the next evolution of financial services and deliver on our mission to power individuals and institutions to succeed across the financial world.


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:


We are looking for a Associate 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.


The Associate Product Manager is an integral part of our team, solving complex problems in the development and launch of an end-to-end suite of alternative investment capabilities with partners across the Bank and broader ecosystem. If you're looking for a collaborative role, with great people, working on exciting, innovative products, and have a strong technical understanding, an eye for design and enjoy working in a fast-paced environment, then we want to speak to you!


We are currently looking to fill this position at our global headquarters in Lake Mary, Florida


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

• 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


• 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.


• 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


• As an Associate - Alternatives / Private Markets and Wealth Channel Product Manager, you will also be responsible for:


• - Shadowing Product personnel to test the software solution and document the test cases for different functionalities and workflows


• - Reproducing defects identified in manual testing across Product personnel and reporting them to the engineering team


• - Raising and documenting confirmed defects in JIRA and tracking their resolution status


• - Collaborating with Product personnel, engineering team, and quality assurance team to ensure high-quality software delivery and user satisfaction


• These tasks are essential for ensuring the reliability and usability of the software solution and providing feedback and insights for continuous improvement. You will work closely with other Product Managers, engineers, designers, and stakeholders to deliver a world-class product that meets the needs of the alternative investment and wealth management ecosystems.

Experience:

• Agile development and scrum experience required


• 2-5 years relevant experience required


• Alternative investments experience required


• API experience 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

Candidate profile:


The ideal candidate would have a passion for and track record in:

• 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 using Office, JIRA, Confluence, Figma, user-analytics, and customer feedback tools

The candidate will ideally have:

• 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


• 3-5 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.

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.