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About the Role
The Bank of New York Mellon seeks a Director, POM Product Management to coordinate a range of products from development to sales and delivery. This role involves supporting departmental priorities, allocating resources, developing new online banking products, and overseeing strategy design for product development and delivery.
Responsibilities
- Coordinate a range of products from development to sales and delivery.
- Support the development of departmental priorities.
- Allocate resources to support the achievement of business objectives and ensure alignment with the annual plan.
- Develop ideas for new online banking products and generates buy-in from the business to integrate into pipeline.
- Provide functional insight to support the solution of complex, operational and organizational problems.
- Oversee strategy design behind product development and delivery.
- Plan study of work problems and procedures, including organizational change, communications, information flow, integrated production methods, inventory control, and cost analysis.
- Gather and organize information on problems or procedures.
- Analyze data gathered and develop solutions or alternative methods.
- Document findings of study and prepare recommendations for implementation of new systems, procedures, or organizational changes.
- Confer with personnel to ensure successful functioning of newly implemented systems or procedures.
- Ensure strategies align with departmental priorities and annual plan.
- Leverage strong market knowledge and user behavior to integrate the demands of various regions and stay ahead of competitors.
- Interact directly with key leaders across the business and external customers to negotiate and market BNY Mellon’s offerings.
- Drive product growth/development and maximize profitability by demonstrating in-depth knowledge of team capabilities, products, the marketplace, and client needs.
- Act as a firm expert on multiple products and product portfolios of strategic importance.
- Provide oversight around the development of product management roadmaps and ensures alignment with organization functional business plans.
- Support and fund projects and products.
- Manage revenue goals, profitability, and pricing for all products.
- Manage capital and operating budgets.
- Prepare manuals in use of new forms, reports, procedures or equipment, according to organizational policy.
- Design, evaluate, recommend, and approve changes of forms and reports.
Requirements
- Bachelor’s degree, or foreign equivalent, in Economics, Engineering (Any), Mathematics, or a related field.
- Twelve (12) years of experience in the job offered or in a related occupation in the financial services industry.
- Defining and driving product related strategies to build best in class Digital solutions for corporate and institutional clients by leveraging retail and consumer banking digital product delivery model and client-first approach.
- Detailing trade-offs from new products and utilizing a quantitative approach to determine trade-off and benefits when developing products.
- Acting as a mediator between consumers and technical teams, communicating user needs and translating them into requirements for new product features.
- Utilizing Agile methodologies to ensure delivery in timely fashion, ensure agile ceremonies are followed, requirements are defined, and to quarterback all stages of the product development lifecycle.
- Developing product collaterals, client online demo, and commercialization plans to support go-to market strategy.
- The employer will accept three years of university-level studies plus two years of experience in meeting the Bachelor's degree requirement.
Skills
- Product Management
- Digital Solutions
- Agile Methodologies
- Product Development Lifecycle
- Market Knowledge
- User Behavior Analysis
- Quantitative Analysis
- Financial Services Industry
Location
- New York, NY
Work Type
- Remote work may be permitted within a commutable distance from the worksite.
Experience Level
- Twelve (12) years of experience
Education Level
- Bachelor’s degree or foreign equivalent
- Three years of university-level studies plus two years of experience
Salary/Compensations
- $249,500.00 - $281,000.00 per year
Benefits
- Highly competitive compensation
- Benefits and wellbeing programs
- Access to flexible global resources and tools
- Generous paid leaves
- Paid volunteer time
About the Company
- BNY is a leading global financial services company at the heart of the global financial system, influencing nearly 20% of the world’s investible assets.
- Teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
- Recognized as a top destination for innovators where bold ideas meet advanced technology and exceptional talent.
- BNY Newsroom [https://www.bny.com/corporate/global/en/about-us/newsroom.html]
- BNY LinkedIn [https://www.linkedin.com/company/bnyglobal/posts/?feedView=all]
- America’s Most Innovative Companies, Fortune, 2025
- World’s Most Admired Companies, Fortune 2025
- “Most Just Companies”, Just Capital and CNBC, 2025
Equal Opportunity
- BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.