BNY Mellon

Specialist, Product Management

Posted on: 12 Feb 2021

New York City, New York

Job Description

COMPANY OVERVIEW:

For over 235 years, Bank of New York Mellon (BNY Mellon) has been at the center of the global financial markets, providing the worlds leading institutions the tools, capabilities, and services to be distinctive investors. BNY Mellon has approximately $16.5 billion in revenues and a 23% return on tangible common equity.

BNY Mellon is a leader in the world of investment services and investment management, and our businesses support the full range of stakeholders of the financial system including:

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* Managing the custody of approximately $37 trillion financial assets of the worlds leading institutional investors, hedge funds, sovereign wealth funds, and corporates
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* Investing approximately $2 trillion as one of the largest global asset managers across a wide range of asset classes
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* Providing collateral, liquidity, and funding for the worlds largest banks through our markets franchise
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* Serving family offices and high net worth individuals through our wealth management franchise
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* Providing a full suite of solutions to advisors, broker-dealers, family offices, hedge and '40 Act fund managers, registered investment advisor firms and wealth managers
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* Advising large global corporations on a range of trust and other solutions
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* Providing integrated managed data services to asset managers

JOB DESCRIPTION:

The successful candidate will be part of the private label and specialized solutions product management team within Treasury Services. This team supports our large Financial Institution clients to whom we white label many of our solutions and insurance and healthcare clients to whom we offer several niche solutions. This role will get exposed to many of the Treasury Services solutions including the new emerging payment technologies of RTP and Zelle. The successful candidate will bring an excitement for learning, a high degree of energy, and the ability to multi-task. They must also possess excellent written and verbal communication skills and be very proficient with excel and PowerPoint.

Aspects of the role include:

Working independently to manage a range of moderately complex products from development to sales and delivery. Products can be domestic, regional, or global in nature. Supporting more experienced colleagues with relevant competitive, market and/or financial analyses to gain breadth/depth of knowledge in relevant products, services and platforms.. Coordinating the management, development, and enhancement of products in order to meet operating plan financials assigned to products profitability goals by pricing, developing, selling, and analyzing customer sales trends. Includes collaboration with Operations, Technology, Risk, Compliance, Legal, etc. as part of new product development, enhancement, delivery, strategy, and planning. Demonstrating comprehensive knowledge of assigned products, the marketplace and client needs to drive product growth/development and maximize profitability across varying stages of their life cycle. Researching and supporting product profitability by pricing for the assigned product or product line in order to achieve operating plan revenue goals. Performing ad-hoc competitive analyzes, market research, and regulatory research. Performing technical training, demonstration and develops user guides for clients while also preparing sales materials and training BNY Mellon professionals. Providing guidance to less experienced colleagues as needed. Contributing to the achievement of multiple related teams objectives and profitability of assigned product(s). The role will have no direct reports.

Qualifications

QUALIFICATIONS:

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* Bachelors degree or the equivalent combination of education and experience is required.
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* Advanced/graduate degree preferred.
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* 5-7 years of total work experience preferred.
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* Experience in Product Management, operations, client management preferred.
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* MBA or CFA preferred.
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* Product Leadership Certification preferred.
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* Applicable local/regional licenses or certifications as required by the business.

BNY Mellon

New York, New York

The Bank of New York Mellon Corporation provides a range of financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. The company operates through two segments, Investment Management and Investment Services. It offers investment management, custody, foreign exchange, fund broker-dealer, collateral and liquidity, clearing, corporate trust, global payment, trade finance, and cash management services, as well as securities finance and depositary receipts. The company also provides mutual funds, separate accounts, and wealth management and private banking services; and trust and registered investment advisory services. In addition, it engages in leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit activities. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.

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