Senior Director, Commercial Distribution Group Lead

Senior Director, Commercial Distribution Group Lead

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.

We're seeking a future team member for the role of Senior Director, Product Manager to join our Wealth Services Platform team. This role is located in Jersey City, NJ - Hybrid

In this role, you'll make an impact in the following ways:

• Owns product discovery and new offer strategy for integrated solutions
• Develop, lead, and execute the strategic vision for the commercial product and platform; own the overall Product / Platform roadmap, and align teams around delivery and commercial goals.
• Sets strategies for financial product offerings, including pricing, revenue modelling and optimization, and compliance
• Conducts market and competitive analysis and manages financial regulation
• Collaborates with legal and compliance to streamlining onboarding and regulatory adherence
• Oversees partnerships with financial services and third-party vendors including deal structuring, billing and contract management
• Prioritizes the financial product backlog, aligning with revenue goals
• Partners with digital product teams to ensure development and delivery in support of commercial OKRs
• Provide leadership support to multiple pod-level Product Owners and ensure alignment across multiple pod-level product backlogs.
• Accountable for all risks originated from services delivered (including remediation efforts) & owns, manage and aggregate's view of risk across Product/Platform.
• Continuously groom & reprioritize pod backlogs, provide strategic input & decisioning, manage & reduce blockers, & ensure continuous flow of work for pods.
• Provide day-to-day direction to guide Product / Platform operations and evaluate the impact of the Product against established scorecard.
• Collaborate with Product / Platform Leadership to share progress, flag challenges, and codify lessons learned.
• Manage issue escalations and risks.

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

• Minimum of 15 years of demonstrated ability in product development and delivery.
• Commercially focused, prioritizing revenue generation and compliance
• High degree of proficiency in OKR, Design Thinking, Event Storming, prototyping, iterative development, Scrum, and Agile product development
• Domain expertise in relevant Product/Platform
• Passion for changing status quo and driving out-of-the-box ideas.
• Eagerness to 'roll up the sleeves' in execution and learning; pushes the team to do the same.
• Strong leadership and influencing skills.
• Ability to make hard and fast decisions.
• Strong problem-solving skills.
• Bachelor's degree in business or a related discipline.

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.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $158,000 and $300,000 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.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.