Location: Jersey City,NJ, USA
Senior Vice President, Lending and Banking Product Manager
We are seeking to fill a Senior Product Manager role across our Product Management and Platforms group within BNY Pershing. This role can be based in Jersey City, NJ, Pittsburgh or Lake Mary, FL office (hybrid).
About BNY Pershing
BNY Pershing is a leading provider of clearing and custody services that is uniquely positioned to help complex financial services firms transform their businesses, drive growth, maximize efficiency, and manage risk and regulation. Wealth management and institutional firms outsource to BNY Pershing for trading and settlement services, investment solutions, bank and brokerage custody, middle and back-office support, data insights, and business consulting. Pershing brings together high-touch service, an open digital platform and the BNY enterprise to deliver a differentiated experience for every client.
Pershing LLC (member FINRA, NYSE, SIPC) is a BNY company. With offices around the world, BNY Pershing has over $2 trillion in assets and millions of investor accounts. Pershing affiliates include Albridge Solutions, Inc., BNY Advisors, Inc., an investment adviser registered in the United States under the Investment Advisers Act of 1940, and BNY Pershing Limited. Additional information is available on
The ideal candidate should possess extensive experience in product management combined with deep financial services domain knowledge.
In this role, you will have an impact in the following ways:
Create strategic vision for development, digitization, and growth of lending solutions available to BNY Pershing RIAs and broker dealers
Work closely with cross-functional teams (e.g. UX, Engineering, and Business groups)
Steer cross-functional teams to elevate client experience through enhanced technology, differentiated service and simplified loan underwriting
Develop and execute a strategic roadmap to deliver innovative solutions that drive growth, enhance client experience, and improve operational efficiency
Lead an agile pod, ensuring delivery of high-quality lending products through iterative development and continuous feedback
Cultivate relationships with strategic broker dealers and RIAs and serve as the voice of the client
Serve as the subject matter and industry expert for lending solutions available to Pershing clients
Partner with Marketing and Training teams to create marketing collateral, training materials and educational sessions for clients and internal stakeholders to increase product knowledge and utilization
Ensure that our lending solutions meet legal and regulatory compliance requirements applicable in the US and internationally
Lead complex and strategically important product Initiatives around banking
Drive product innovation by keeping up-to-date with industry trends
Define product metrics, measures performance, and uses data to inform product decisions
To be successful in this role, we're seeking the following:?
Someone that possesses curiosity to ask the hard questions, explores new ideas, and continuously learn and research to meet goals
Strong communicator and Influencer; ability to communicate ideas regardless of the audience.
A get-it-done attitude - ability to get around roadblocks and stay focused on the vision.
Organized, resourceful, and able to prioritize tasks
Customer Focus and Empathy - ability to bring everyone together, help them grow and work towards a unified vision, and deliver high-quality products that delight customers and align to their vision
Have an interest in constantly learning new tools and technologies and a passion to share your knowledge with the team
Qualifications & Requirements:
You have:
Bachelor's or Master's degree in business management, Finance or related discipline, or equivalent work experience required
10+ years of product management with experience creating strategic product roadmaps and working with cross-functional teams in a highly matrixed environment
5+ years of domain experience in commercial lending and banking a must
Commercial orientation and business acumen to assess new opportunities and drive profitability
Client orientation: ability to engage, build trusting relationships and set/manage expectations
Deep knowledge and experience in Agile methodologies, experience working with multiple scrum teams on simultaneous builds
Experience managing daily technical and design direction
At BNY, our inclusive culture speaks for itself. Here's a few of our awards:?
Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion
Bloomberg's Gender Equality Index (GEI)
Best Places to Work for Disability Inclusion, Disability: IN - 100% score?
100 Best Workplaces for Innovators, Fast Company
Human Rights Campaign Foundation, 100% score Corporate Equality Index
CDP's Climate Change 'A List'
BNY 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.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $100,000 and $221,000 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 BNY 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.