Managing Director, Product Management

About the role

The Managing Director, Product Management (MD) is accountable for business unit product strategy (WFA), portfolio performance, and long-term value creation across all product domains. This role owns enterprise product vision, capital allocation, and operating model governance, ensuring product investments align to corporate strategy, financial objectives, and market positioning.

Responsibilities

• Set product group vision & roadmap
• Defines and owns the BU (WFA) product vision and multi-year strategic roadmap, aligning product portfolios to corporate strategy, growth objectives, and market differentiation.
• Governs enterprise demand intake, prioritization, and capital allocation decisions to optimize value, risk, and long-term return on investment.
• PARTNERS WITH EXECUTIVE LEADERSHIP TO TRANSLATE CORPORATE STRATEGY INTO PRODUCT INVESTMENT THEMES, STRATEGIC INITIATIVES, AND OUTCOME MEASURES.
• SERVES AS THE ULTIMATE EXECUTIVE SPONSOR AND EXTERNAL “VOICE OF THE PRODUCT,” REPRESENTING PRODUCT STRATEGY WITH THE BOARD, CLIENTS, AND KEY PARTNERS.
• OVERSEES, COORDINATES & SUPPORT DEVELOPMENT WORK
• Establishes and governs the enterprise product operating model, ensuring consistent execution, accountability, and decision-making across portfolios.
• Ensures enterprise-level delivery outcomes by setting expectations for performance, resilience, scalability, and risk management across product organizations.
• Holds senior leaders accountable for business results, efficiency, and value realization.
• Intervenes by exception to resolve material enterprise risks, cross-product conflicts, or systemic execution issues impacting firm objectives.
• TACTICAL
• Maintains a firm-wide perspective on market trends, competitive dynamics, platforms, and ecosystems shaping long-term product strategy.
• Approves and governs major product, platform, and operating model transformations with significant enterprise impact.
• LEADS EXECUTIVE-LEVEL COMMUNICATIONS, CHANGE LEADERSHIP, AND ALIGNMENT FOR MAJOR STRATEGIC SHIFTS, ACQUISITIONS, OR PORTFOLIO REBALANCING.
• SURES EXTERNAL PARTNERSHIPS, VENDOR STRATEGIES, AND PLATFORM DECISIONS ALIGN WITH ENTERPRISE ARCHITECTURE, RISK, AND COMPLIANCE STANDARDS.

Qualifications

• Fifteen (15)+ years of experience in product strategy/product management, including significant portfolio ownership and cross-product delivery in complex environments.
• Ten (10)+ years leading senior leaders (SVPs/VPs).
• Demonstrated experience partnering with executive leadership and Boards on strategy, investment, and transformation initiatives.
• Experience leading product organizations in complex, regulated, or global environments preferred.

Skills & Knowledge

• Enterprise product strategy, capital allocation, and portfolio governance expertise.
• Executive-level business judgment with accountability for firm-wide outcomes.
• Proven ability to influence the C-suite and Board level and lead through large-scale change.
• Deep understanding of technology, platforms, and ecosystems sufficient to guide long-term enterprise strategy.