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Product Management Associate Director
3 months ago
Are you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and encouraging team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to crafting a workplace that looks like the world that we serve.
Pay and Benefits:
- Competitive compensation, including base pay and annual incentive.
- Comprehensive health and life insurance and well-being benefits, based on location.
- Pension / Retirement benefits
- Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
- DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).
Directs, supervises and assists in business analysis and documenting requirements of sophisticated product management initiatives with a primary focus on DTCC Equity Clearance and Settlement business which may include regulatory, compliance, industry relations and client experience driven projects. The role also includes coordinating with cross-functional resources to achieve project objectives. The Product Manager requires keen business analysis and communication skills to draft and present business requirements to both internal and external partners. You should be proficient in depicting and describing business impact assessments between current-state and various future state business models. The position entails leading multiple internal partner meetings and representing the Company and assigned Department in various industry led forums on projects and new initiatives. The role also includes facilitating and leading external working groups composed of major industry participants that help advise on requirements and design options.
Your Primary Responsibilities:
- Work with the product management lead and business to deliver on specific prioritized and budgeted initiatives.
- Collaborate with product management peers to ensure standard methodology and core principals are understood, adopted and implemented. Collaborate with client support teams and technology partners (both Application Development and Enterprise Infrastructure) on delivering new capabilities and improvements.
- Facilitate and lead external working groups and other relevant subject matter working groups including industry advisory councils.
- Manage achievement of project deliverables and coordinate the efforts of a variety of functional areas to ensure projects are completed on time and on budget and within a quality framework. Monitor project budgets for specific initiatives / projects. Identify potential risks to achieving project objectives and elevate to appropriate management.
- Document requirements and provide feedback on requirements documents that may impact their initiatives or product offerings. This will also include analysis of projects that have not yet been budgeted but may be in scope for future Book of Work inclusion.
- Ensures the product development methodology process is followed, i.e., ensures stage-gate process is followed (specific DTCC internal methodology).
- Expected to be an SME in many areas of Product, including regulatory and industry related projects and, where required, to attend meetings with clients to help with product area of expertise.
- Assist in product training efforts for all touchpoints to both internal and external customers, including documentation, publications, E Training tools, FAQ's.
- Requires skills and techniques to deliver products that align with the organization's product team and product strategy.
- Involves collaboration with cross-functional teams to ensure governance and compliance with regulations related to product and data usage.
- Creative and analytical approach with the ability to translate technical concepts into business terms to drive product initiatives with insights and solutions.
Qualifications:
- Minimum of 8 years of related experience
- Bachelor's degree preferred or equivalent experience.
Talents Needed for Success:
Inclusive Leadership: Values individuals and embraces diversity by integrating differences and promoting diversity and inclusion across teams and functions.
Mentorship: Understands and anticipates people's needs, skills, and abilities, in order to mentor, motivate and empower them for success.
Feedback: Seeks feedback from others, provides feedback to others in support of their development, and is open and honest while dealing constructively with criticism.
Delegating: Effectively manages tasks and people, taking a practical approach to determine the most effective method of execution while respecting others' expertise and considering others' feelings and working styles.
The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
About Us
DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry's needs and we're working to continually improve the world's most resilient, secure and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle.
DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you'll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It's the chance to make a difference at a company that's truly one of a kind.
Learn more about Clearance and Settlement by clicking here.
About the Team
Clearing & Securities Services group delivers world-class safety and soundness for the global financial services industry. The team provides DTCC's portfolio of core securities business, including Institutional Trade processing and First Line Resilience and Control to facilitate better end-to-end planning and prioritization as well as enable more coordinated and seamless delivery of capabilities and services for our clients.
